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1. Parties: Identification of all parties to the agreement, including their legal status and registration details
2. Background: Context of the agreement, including brief description of the restaurant business and the purpose of the profit-sharing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Gross Revenue', 'Net Profit', 'Operating Expenses', etc.
4. Term and Commencement: Duration of the agreement and conditions for commencement
5. Profit Sharing Structure: Detailed breakdown of how profits will be calculated and distributed among parties
6. Financial Reporting and Auditing: Requirements for financial reporting, frequency of reports, and audit rights
7. Management and Operations: Roles and responsibilities in restaurant management and operations
8. Capital Contributions: Initial and ongoing capital requirements and contributions from each party
9. Operating Expenses: Definition and allocation of operating expenses, including permitted deductions
10. Banking and Financial Management: Procedures for handling restaurant finances, including bank account management
11. Intellectual Property Rights: Ownership and usage rights of restaurant brand, recipes, and other IP
12. Confidentiality: Protection of confidential information and trade secrets
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law
14. Termination: Grounds and procedures for termination, including consequences and asset distribution
1. Non-Compete Provisions: Restrictions on parties engaging in competing businesses, used when protecting market position is crucial
2. Employee Management: Specific provisions for staff hiring, management and allocation of employment costs, used when shared staffing is involved
3. Marketing and Promotion: Allocation of marketing responsibilities and costs, used when marketing efforts are shared
4. Insurance Requirements: Specific insurance obligations of each party, used when risk management needs special attention
5. Multiple Location Provisions: Special terms for multiple restaurant locations, used when agreement covers more than one outlet
6. Halal Compliance: Specific requirements for maintaining Halal certification, used for Halal restaurants
7. Third-Party Delivery Services: Terms governing relationship with delivery platforms, used when delivery services are significant
1. Schedule 1 - Profit Calculation Formula: Detailed methodology for calculating distributable profits, including specific inclusions and exclusions
2. Schedule 2 - Initial Capital Contributions: Itemized list of initial capital contributions from each party, including valuations
3. Schedule 3 - Operating Expenses Classification: Comprehensive list of approved operating expenses and their treatment in profit calculations
4. Schedule 4 - Financial Reporting Templates: Standard templates for regular financial reporting and profit distribution statements
5. Schedule 5 - Management Structure: Detailed organizational structure and decision-making hierarchy
6. Appendix A - Restaurant Premises Details: Specific details of restaurant location(s) and premises included in the agreement
7. Appendix B - Equipment Inventory: Detailed inventory of restaurant equipment and ownership allocation
Food & Beverage
Hospitality
Restaurant Management
Food Service
Retail
Franchise Operations
Catering Services
Tourism & Entertainment
Commercial Real Estate
Hospitality Investment
Legal
Finance
Operations
Business Development
Compliance
Risk Management
Commercial
Investment
Food Service Operations
Partnership Management
Restaurant Owner
Operations Director
Chief Financial Officer
Restaurant Manager
Business Development Manager
Investment Manager
Legal Counsel
Financial Controller
Commercial Director
Franchise Manager
Food Service Director
Risk Management Officer
Compliance Manager
Partnership Manager
Restaurant Development Manager
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