only paid if I'm present at deal

[Jason O.]

This is a statement I got from a partner:

"If you are present when the paperwork is signed, you will receive 10% of the net profit of the deal "

So if I'm not present, I don't get my 10%???

[Jackie Patterson]

Originally posted by J O:

This is a statement I got from a partner:

"If you are present when the paperwork is signed, you will receive 10% of the net profit of the deal "

So if I'm not present, I don't get my 10%???

Another good reason to have a written agreement that clearly defines responsibilities, renumeration (how and when paid), how net profit is determined, etc.