2. Interest on weighted-average capital, after consideration of draws, at the rate of 10%. If the weighted-average capital is negative, interest at 10% will be charged against the partner’s profit...


2. Interest on weighted-average capital, after consideration of draws, at the rate of 10%. If the weighted-average capital is negative, interest at 10% will be charged against the partner’s profit allocation.


3. A bonus to Wilson equal to 10% of sales over $1.5 million per year.


4. Remaining balance to be allocated 30%, 35%, and 35% to Wilson, Watts, and Franklin, respectively.



May 02, 2022
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