Profit Sharing Agreement Template for Netherlands

1. Employee Participation: Required when profit sharing involves employees, including specific terms for employee eligibility and vesting

2. Intellectual Property: Needed when profits are derived from specific IP assets or when IP rights affect profit calculation

3. Non-Competition: Include when parties need to be restricted from competing activities that could affect profit generation

4. Force Majeure: Optional provisions for handling extraordinary circumstances affecting profit generation or distribution

5. Change of Control: Include when changes in ownership or control of parties should affect profit sharing arrangements

6. Working Capital Adjustments: Required when working capital levels affect profit calculations or distributions

7. Good Leaver/Bad Leaver: Include for agreements involving individual participants where departure circumstances affect profit sharing rights

1. Calculation Methodology: Detailed step-by-step process for calculating distributable profits and individual shares

2. Financial Definitions: Specific accounting terms, formulas, and financial metrics used in profit calculations

3. Distribution Timeline: Annual or periodic schedule of profit assessment and distribution dates

4. Excluded Items: List of items specifically excluded from profit calculations

5. Sample Calculations: Examples of profit calculations and distributions under various scenarios

6. Reporting Template: Standard format for periodic profit reporting and calculations

7. Participant Details: List of all participants and their respective profit sharing percentages