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Business Partnerships Profit and Loss Division center doc

legal > Forms

 

PROFIT AND LOSS DIVISION Upon the end of the partnership’s fiscal year, the net profit or the net loss shall be distributed evenly to all partners at ______________ percent 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 _________________________ _________________ Signature and Title Dated
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11/13/2007
English
 
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