Profit Split Agreement Template for Austria

1. Non-Competition: Restrictions on parties engaging in competing business activities, include when parties operate in the same industry

2. Intellectual Property Rights: Include when the profit-generating activities involve IP rights

3. Management Rights: Include when parties have specific management responsibilities or decision-making powers

4. Loss Allocation: Include when parties agree to share losses as well as profits

5. Working Capital Contributions: Include when parties need to make ongoing capital contributions

6. Insurance Requirements: Include when specific insurance coverage is necessary for the business activities

7. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances

8. Assignment Rights: Include when transfer of rights under the agreement needs to be addressed

1. Schedule A - Profit Calculation Methodology: Detailed methodology and formulas for calculating profits

2. Schedule B - Distribution Formula: Specific percentages and mechanics of profit distribution

3. Schedule C - Accounting Principles: Specific accounting standards and principles to be applied

4. Schedule D - Reporting Templates: Standard formats for financial reporting and profit calculations

5. Schedule E - Key Performance Indicators: Metrics used to measure business performance

6. Schedule F - Initial Capital Contributions: Details of any initial investments or contributions by parties

7. Appendix 1 - Sample Calculations: Examples of profit calculations and distributions

8. Appendix 2 - Required Financial Statements: List and format of required financial statements and reports