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1. Non-Competition: Restricts parties from engaging in competing businesses, used when parties operate in the same industry

2. Intellectual Property Rights: Addresses ownership and usage of IP, needed when the profit sharing involves creation or use of intellectual property

3. Confidentiality: Protects sensitive business information, particularly important when parties are sharing detailed financial data

4. Force Majeure: Addresses circumstances beyond parties' control, important in high-risk business environments

5. Assignment and Succession: Governs the transfer of rights under the agreement, important for long-term arrangements

6. Insurance Requirements: Specifies required insurance coverage, important when shared business activities involve significant risks

7. Employee Matters: Addresses employment-related issues, needed when the profit sharing arrangement involves shared staff or contractors

1. Schedule 1 - Calculation Methodology: Detailed formula and examples for profit calculation and distribution

2. Schedule 2 - Excluded Costs and Expenses: List of items specifically excluded from profit calculations

3. Schedule 3 - Reporting Templates: Standard formats for financial reporting and profit distribution statements

4. Schedule 4 - Business Plan: Initial business plan or project scope covered by the profit sharing arrangement

5. Schedule 5 - Key Performance Indicators: Metrics used to measure business performance and profit generation

6. Appendix A - Initial Capital Contributions: Details of any initial investments or contributions by the parties

7. Appendix B - Authorized Representatives: List of individuals authorized to make decisions on behalf of each party