AGENT COMPENSATION THROUGH PERCENTAGE OF PROFITS

 

If the net profits of the principal exceed ________________ ($_____) during the period of __________ (State Period) commencing _____________________ (Amount of Time) from the date of this agreement, or during any term of ___________________ (___ years) thereafter, the principal will pay the agent __________ percent of the net profits.  Net profits are determined by deducting the following items from the gross profits:  _______________ (Interest, Capital Invested, Expenses, Losses or any other related business costs)

 

 

 

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Signature                                                                           Date

 

 

 

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Signature                                                                           Date