1. If the Company's MOA does not define a partner's share in the profits or losses, the latter's share shall be proportional to his capital contribution. If the MOA only specifies a partner's share in profits, his share of losses shall be equal to his profit share and vice versa. 2. If a partner's contribution is limited to his work, the Company's MOA shall specify his share of profits or losses. If the partner has provide a cash or in-kind capital contribution in addition to his work, he shall have a share of the profits or losses for his work contribution and another share for his capital contribution. 3. If it is agreed under the Company's MOA that any of the partners is to be denied profits or be relieved of losses or that any of the partners gets a fixed return for his contribution, such MOA shall be null and void. 4. It may be agreed to relieve a partner, who contributes only his work, from sharing in the loss, provided that no remuneration has been decided for such work.
Interpretation and application must be checked against the official text and current version.