How a Manufacturing Business Hired a Lawyer to Draft a Profit Share Agreement in Oklahoma

In 2022, a business in Oklahoma sought assistance in drafting a profit share agreement for a startup cannabis extraction facility. The client was working to facilitate a $1 million funding to establish the operation, needing an agreement that clearly outlined the revenue share arrangements and the terms for investor returns. Key elements included upfront and deferred payments, quarterly revenue distributions, and a structured split that transitioned based on the profitability and investor rights. As a result, the client received four proposals from licensed lawyers, with flat fee bids ranging from $995 to $3,009, all submitted to complete the work within the requested deadline of less than a week.