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Thursday, August 25, 2011 12:23:58 PM
Profits: The profits will be distributed between the Joint Venturers based upon the financial investment by each party; the time and efforts by each party; and the business marketing abilities that each party brings to the table. The profits will be determined for each individual product prior to the time of product introduction to the marketplace.
This tells us nothing. Do you see anything with amounts, percentages, etc?
It's a standard marketing agreement format totally devoid of factual information that renders it useless.
"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"
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