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I have a private limited ("Pte. Ltd.") in Singapore (the equivalent of a US corporation) and would like to draw up an agreement to bring in a partner. It would have to include "entry conditions" that are staged, e.g. he brings in 10 clients, he gets 10%; he brings in 20 clients and he gets 10% more". It also needs exit conditions, he doesn't do anything for 2 years and he loses his equity (if that's even possible). Basically, I'm trying to protect myself in case this partner does not fulfill his end of the deal.
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