DIY Legal Forms

“Help us to stay online by your kind donation.

Every penny will help.”


Minimum Profit Needed For Dispersal Agreement

Absolutely no partner has the authorization to withdraw any amount of the firms net profit until the net profit is in excess of $------. This amount shall be reserved and will be known as the partnership capital. If this stipulation is met, each and every partner may withdraw any percent of their personal share providing the net profits satisfy the partnership capital.

Signature / Title / Dated

Signature / Title / Dated

Signature / Title / Dated

*** If Required By State Law ***

This Section for Notary:


State of _________

County of ________ [County]

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________

My commission expires: _____