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Have a question about partnership agreements. I am starting up a business with three other partners, and I suspect that the other partners may not end up putting as much efforts in the business as I am prepared to put in (but everyone will put in equal capital). Does anyone know what the best way would be to structure an agreement such that the equity is tied not only to the capital investment, but also depends on how much effort a partner puts in. What I am worried about is how would we quantify the efforts and then tie it to the equity/rewards in a non-subjective way. Suggestions, thoughts from your own experience are much appreciated..

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