Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Share Profit Agreement
"I need a Share Profit Agreement for a consulting firm partnership in Toronto, where three senior partners will share profits on a 40-30-30 basis, with quarterly distributions starting January 2025 and including non-compete provisions."
1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Context of the agreement, business relationship, and purpose of the profit-sharing arrangement
3. Definitions: Detailed definitions of key terms including 'Profit', 'Share', 'Calculation Period', and other relevant terms
4. Profit Calculation: Detailed methodology for calculating distributable profits, including accounting principles to be applied
5. Profit Share Entitlement: Specification of each party's profit share percentage and basis of entitlement
6. Payment Terms: Timing, frequency, and method of profit share payments
7. Accounting and Records: Requirements for maintaining financial records, conducting audits, and providing financial statements
8. Confidentiality: Provisions regarding the confidentiality of business information and financial data
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Dispute Resolution: Procedures for resolving disagreements related to profit calculations or distributions
11. Governing Law: Specification of applicable Canadian law and jurisdiction
1. Non-Competition: Restrictions on parties engaging in competing businesses, used when parties have access to sensitive business information
2. Assignment Rights: Terms governing the transfer of profit share rights, included when transferability needs to be addressed
3. Force Majeure: Provisions for handling extraordinary events affecting profit generation, relevant for businesses susceptible to external disruptions
4. Tax Considerations: Specific tax treatment and obligations, included when complex tax implications exist
5. Management Participation: Rights regarding business management decisions, included when profit sharing involves operational control
6. Intellectual Property Rights: Treatment of IP in the context of profit generation, relevant when IP is significant to business operations
7. Employee Participation: Specific terms for employee profit-sharing schemes, used when employees are included in the arrangement
1. Schedule A - Profit Calculation Formula: Detailed mathematical formula and methodology for calculating distributable profits
2. Schedule B - Excluded Items: List of items specifically excluded from profit calculations
3. Schedule C - Payment Procedures: Detailed procedures for processing and distributing profit shares
4. Schedule D - Accounting Principles: Specific accounting principles and practices to be followed
5. Schedule E - Reporting Templates: Standard templates for financial reporting and profit share calculations
6. Appendix 1 - Initial Business Plan: Current business plan and profit projections
7. Appendix 2 - Party Representatives: List of authorized representatives for each party
Authors
Professional Services
Manufacturing
Technology
Retail
Real Estate
Construction
Healthcare
Consulting
Financial Services
Entertainment
Hospitality
Mining
Agriculture
Energy
Transportation and Logistics
Legal
Finance
Human Resources
Compliance
Tax
Corporate Governance
Executive Leadership
Accounting
Business Development
Operations
Partnership Management
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Finance Director
Legal Counsel
Corporate Lawyer
Business Development Manager
Human Resources Director
Compliance Officer
Tax Manager
Managing Partner
Operations Director
Company Secretary
Accountant
Financial Controller
Partnership Manager
Investment Manager
Business Owner
Shareholder Relations Manager
Find the exact document you need
Simple Share Exchange Agreement
A Canadian law-governed agreement facilitating the exchange of shares between companies, typically used in corporate restructuring or M&A transactions.
Buy Back Option Contract
A Canadian law-governed agreement granting the right to repurchase an asset under specified terms and conditions.
Share Retention Agreement
A Canadian legal agreement that establishes restrictions and conditions for shareholders regarding the retention and transfer of their shares, governed by federal and provincial corporate laws.
Share Surrender Agreement
A Canadian law-governed agreement documenting the voluntary surrender of shares by a shareholder back to the issuing corporation, including terms, conditions, and mutual obligations.
Term Sheet Share Purchase Agreement
A preliminary agreement under Canadian law outlining key terms and conditions for a proposed share purchase transaction, serving as a framework for the final agreement.
Share Transfer Agreement Private Company
A Canadian law-governed agreement for transferring shares between parties in a private company, including all necessary terms and conditions for the transaction.
Share Buyback Contract
A Canadian law-governed agreement documenting terms and conditions for a corporation's repurchase of its own shares from existing shareholders.
Simple Stock Option Agreement
A Canadian-compliant agreement granting stock options to eligible participants, specifying terms for share purchase rights and vesting conditions.
Phantom Unit Award Agreement
A Canadian legal agreement granting employees synthetic equity rights that track company share value without transferring actual ownership.
Simple Share Transfer Agreement
A Canadian legal agreement documenting the transfer of shares between parties, including terms, conditions, and regulatory compliance requirements.
Simple Stock Purchase Agreement Between Shareholders
A Canadian legal agreement facilitating the direct transfer of shares between shareholders in a private corporation, outlining key terms and conditions of the share sale.
Phantom Unit Agreement
A Canadian-law governed agreement establishing terms for phantom units as deferred compensation tracking company value appreciation.
Stock Compensation Agreement
A Canadian-law governed agreement outlining terms for granting company stock or equity-based compensation to employees, including vesting schedules and regulatory compliance requirements.
Share Profit Agreement
A Canadian-law governed agreement establishing terms and conditions for profit sharing between multiple parties, including calculation methods, distribution mechanisms, and regulatory compliance.
Stock Power Agreement
A Canadian legal document authorizing the transfer of corporate shares from one party to another, complying with federal and provincial securities regulations.
Stock Option Exercise Agreement
A Canadian legal document formalizing the exercise of stock options by an option holder to acquire company shares, ensuring compliance with relevant securities and tax laws.
Stock Appreciation Rights Agreement
A Canadian-law governed agreement establishing terms for Stock Appreciation Rights (SARs) granted to employees/consultants, including vesting, exercise, and payment terms.
Stock Warrant Agreement
A Canadian-law governed agreement granting the right to purchase company shares at a predetermined price and time, subject to federal and provincial securities regulations.
Stock Transfer Restriction Agreement
A Canadian-law governed agreement that establishes restrictions and procedures for transferring shares in a private corporation, ensuring controlled ownership.
Stock Lease Agreement
A Canadian-law governed agreement establishing terms for leasing corporate shares between a share owner and lessee, including rights, obligations, and regulatory compliance requirements.
Stock Distribution Agreement
A Canadian-law governed agreement establishing terms for company stock distribution, ensuring compliance with federal and provincial securities regulations.
Contract For Sale Of Shares In A Private Company
A Canadian law-governed agreement for the sale and purchase of shares in a private company, detailing transaction terms and ensuring legal compliance.
Stock Investment Agreement
A Canadian legal agreement governing the terms and conditions of a stock investment, including share acquisition details and investor rights.
Restricted Stock Grant Agreement
A Canadian-law governed agreement detailing terms of restricted stock grants to employees, including vesting schedules and compliance with securities and tax regulations.
Phantom Stock Award Agreement
A Canadian-law governed agreement establishing terms for granting phantom stock units as employee compensation, providing stock-like benefits without actual share issuance.
Equity Award Agreement
A Canadian-law governed agreement establishing terms for equity-based compensation including vesting, exercise rights, and regulatory compliance.
Stock Grant Agreement
A Canadian legal document that formalizes the grant of company shares to recipients, outlining terms, conditions, and compliance requirements under Canadian law.
Shareholder Redemption Agreement
A Canadian law-governed agreement detailing the terms and conditions for a corporation's repurchase of shares from its shareholder(s).
Business Shares Agreement
A Canadian-law governed agreement that establishes terms for share ownership, transfer, and management in a private company.
Stock Option Award Agreement
A Canadian legal agreement governing the grant of stock options to employees/consultants, detailing terms of grant, exercise, and vesting under Canadian securities and tax laws.
Partnership Share Transfer Agreement
A Canadian law-governed agreement facilitating the transfer of partnership interests between parties, including terms, conditions, and regulatory compliance requirements.
Share Mortgage Agreement
A Canadian legal agreement where corporate shares are pledged as collateral for a loan, establishing security interests and rights of the mortgagor and mortgagee under federal and provincial law.
Equity Repurchase Agreement
A Canadian law-governed agreement detailing terms and conditions for a corporation's repurchase of its shares from existing shareholders.
Stock Option Cancellation Agreement
A Canadian law-governed agreement documenting the cancellation of stock options between a company and option holder(s), including terms, consideration, and releases.
Stock Issuance Agreement
A Canadian legal agreement documenting the issuance of corporate shares to subscribers, ensuring compliance with federal and provincial laws.
Share Ownership Agreement
A Canadian-law governed agreement that establishes shareholders' rights, obligations, and relationships within a corporation, including share ownership, transfer rights, and governance provisions.
Share Cancellation Agreement
A Canadian law-governed agreement that documents and executes the cancellation of corporate shares, detailing terms, consideration, and regulatory compliance requirements.
Phantom Stock Agreement
A Canadian-law governed agreement establishing a phantom stock plan that provides employees with synthetic equity compensation, incorporating federal and provincial regulatory requirements.
Restricted Stock Unit Award Agreement
A Canadian-law governed agreement documenting the grant of restricted stock units to employees, including vesting conditions and settlement terms under applicable Canadian regulations.
Share Distribution Agreement
A Canadian-law governed agreement establishing the terms and processes for corporate share distribution, ensuring compliance with federal and provincial securities regulations.
Restricted Stock Unit Agreement
A Canadian-law governed agreement establishing terms for granting restricted stock units to employees, including vesting conditions and compliance with Canadian securities and tax regulations.
Restricted Stock Award Agreement
A Canadian legal agreement governing the grant of restricted company shares to employees, subject to vesting conditions and compliance with Canadian securities and tax laws.
Preliminary Share Purchase Agreement
A Canadian-law preliminary agreement outlining key terms and conditions for a proposed share purchase transaction, serving as a framework for detailed negotiations and due diligence.
Stock Sale Agreement
A Canadian-law governed agreement documenting the terms and conditions for the sale and transfer of company shares between parties.
Stock Loan Agreement
A Canadian law-governed agreement establishing terms for securities lending transactions between financial institutions, including collateral requirements and operational procedures.
Shares Subscription Agreement
A Canadian law-governed agreement detailing terms and conditions for new share issuance and purchase between a company and investor(s).
Share Lending Agreement
A Canadian-law governed agreement establishing terms for securities lending transactions between parties, including collateral requirements and regulatory compliance.
Share Issue Agreement
A Canadian law-governed agreement documenting the terms and conditions for issuing new corporate shares to subscribers.
Share For Share Exchange Agreement
A Canadian-law governed agreement facilitating the exchange of shares between corporations, outlining exchange terms, conditions, and regulatory compliance requirements.
Share Contribution Agreement
A Canadian legal agreement governing the transfer of shares from a contributor to a recipient corporation, including terms, conditions, and regulatory compliance requirements.
Share Charge Agreement
A Canadian law security document creating a charge over shares in favor of a lender, including creation, perfection, and enforcement provisions.
Share Buyback Agreement
A Canadian-law governed agreement documenting a corporation's repurchase of its own shares from existing shareholders, complying with federal and provincial corporate, securities, and tax regulations.
Vested Equity Agreement
A Canadian legal agreement governing the gradual earning of company equity by an employee or contractor, subject to specific vesting conditions and relevant securities regulations.
Stock Transfer Contract
A Canadian law-governed agreement facilitating the transfer of shares between parties, ensuring compliance with federal and provincial securities regulations.
Stock Exchange Agreement
A Canadian-law governed agreement facilitating the exchange of shares between parties, compliant with federal and provincial securities regulations.
Stock Borrowing Agreement
A Canadian-law governed agreement establishing terms for securities lending between financial institutions, including collateral requirements and regulatory compliance provisions.
Share Exchange Agreement
A Canadian-law governed agreement facilitating the exchange of shares between companies, typically used in acquisitions and corporate reorganizations.
Share Swap Agreement
A Canadian-law governed agreement facilitating the exchange of shares between parties, including valuation terms and regulatory compliance requirements.
Stock Repurchase Agreement
A Canadian law-governed agreement detailing terms and conditions for a corporation's repurchase of its own shares from existing shareholders.
Employee Stock Option Agreement
A Canadian legal agreement granting employees the right to purchase company shares under specified terms and conditions, subject to Canadian securities and tax laws.
Stock Option Agreement
A Canadian-compliant agreement outlining terms and conditions for granting stock options to employees, including exercise rights, vesting schedules, and regulatory requirements.
Share Option Agreement
A Canadian-law governed agreement setting out terms for granting stock options to individuals, including exercise rights, vesting conditions, and regulatory compliance requirements.
Small Business Stock Purchase Agreement
A Canadian law-governed agreement for the purchase and sale of shares in small business corporations, outlining key terms and conditions of the stock transfer.
Assignment Of Shares Agreement
A Canadian law-governed agreement that documents and executes the transfer of shares from one party to another, including all terms, conditions, and regulatory requirements.
Stock Assignment Agreement
A Canadian legal document that facilitates the formal transfer of stock ownership from one party to another, ensuring compliance with federal and provincial securities regulations.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.