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No. Just the registration with the state of MN. Mn does not require and legal documents for a patnership.
If he does not have the right to keep all profits what are my options? He is referring to his salary as guaranteed and payable back to day one. This is based on a conversation where I agreed he could make $75,000 per year. I allowed him to take the profits for year 3 and 4 to make up for not making any money the first 2 years. He now informed me he is taking $75,000 back to day one based on our initial conversation. That equates to $375,000. He now works an average of 20/week. He has taken $200,000 to date. The company has net income of $130,000/year.