How to prepare legal forms (click here)

Profit And Loss Division

Upon the end of the partnerships fiscal year, the net profit or the net loss shall be distributed evenly to all partners at _____ % of the net profit/loss each. However, if losses incurred have been brought on by the willful neglect of any of the partners, they alone shall be held responsible to compensate the firm accordingly.

________________________ _________________

Signature and Title Dated

_________________________ _________________

Signature and Title Dated