If he could get a bidding war going, he would be able to negotiate a favorable profit-sharing agreement.
Biograph delayed the picture's release until 1914, after Griffith's departure, so that it would not have to pay him in a profit-sharing agreement they had.
In an answer to a question, an executive said the profit-sharing agreement could take effect in the fourth quarter of 1999.
"We knew there was a profit-sharing agreement but not when it would go into effect," Ms. Heuer said.
So rather than paying investors in the form of interest, a compliant investment would be structured as "more of a profit-sharing agreement," she said.
A profit-sharing agreement used to be supplemental to a type of pension called a defined contribution plan.
An employer does not need to earn profits to have a profit-sharing agreement.
In his view, that maneuver violated the profit-sharing agreement.
The Park Service entered the profit-sharing agreement because it had already lost out once.
One reason for the gap was an unusually generous profit-sharing agreement between the two airlines.