1. Intellectual Property Rights: Required when the project involves creation or use of intellectual property

2. Non-Competition: Include when parties need to be restricted from competing activities

3. Force Majeure: Include when specific provisions for unforeseen circumstances are needed

4. Tax Provisions: Required when specific tax arrangements or implications need to be addressed

5. Insurance Requirements: Include when specific insurance coverage is necessary for the project

6. Employee Participation: Required when employees are included in the profit sharing scheme

7. Third Party Rights: Include when third parties may have enforceable rights under the agreement

8. Change Control: Required for projects where scope or terms may need formal modification processes

1. Project Description: Detailed technical specifications and scope of the project

2. Profit Calculation Formula: Detailed mathematical formulas and examples for profit calculations

3. Distribution Schedule: Specific percentages and timing of profit distributions

4. Key Personnel: List of key individuals involved and their roles

5. Financial Reporting Template: Standard format for financial reports and profit calculations

6. Accounting Principles: Specific accounting standards and principles to be applied

7. Cost Categories: Detailed breakdown of includable and excludable costs

8. Governance Procedures: Detailed procedures for management and decision-making