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What is Profit Sharing Agreement Overview about?

Divenshree Enterprises (the "Company") has entered into a profit sharing agreement with Mr. Suraj Mishra (the "Representative") for a rain water harvesting and drain system project. The agreement states that the Representative will receive 20% of the profits from the project revenue in return for completing the project work on time. Profits are defined as revenue minus expenses invested by both parties. The agreement lasts until either party provides 30 days written notice of termination.

Author

jharkhandfoods2022

Language

EN