1. Intellectual Property Rights: Required when the profit-sharing involves IP-generating activities

2. Non-Competition: Relevant when parties may have competing interests

3. Assignment and Transfer: Needed when parties want to restrict or permit transfer of rights

4. Force Majeure: Important for businesses susceptible to external disruptions

5. Tax Provisions: Detailed tax handling when complex tax implications exist

6. Employee Matters: Required when profit sharing affects or involves employees

7. International Operations: Necessary for cross-border profit generation activities

8. Digital Assets and Online Revenue: Required for internet-based or digital business models

1. Schedule 1 - Profit Calculation Methodology: Detailed formula and examples of profit calculations

2. Schedule 2 - Excluded Costs and Expenses: List of items specifically excluded from profit calculations

3. Schedule 3 - Accounting Principles: Specific accounting standards and practices to be followed

4. Schedule 4 - Distribution Schedule: Timing and procedure for regular profit distributions

5. Schedule 5 - Management Structure: Detailed roles and responsibilities in managing the venture

6. Appendix A - Initial Business Plan: Starting business framework and projections

7. Appendix B - Reporting Templates: Standard formats for financial reporting

8. Appendix C - Bank Account Details: Designated accounts for profit distributions