4-way LLC profit sharing involving 2 members and 2 "major contributors"
How do I legally handle 4-way profit sharing involving 2 members and 2 "major contributors." The company is a Texas multi-member LLC with 2 managing members (50% ownership each) and 2 individuals who will help out as they are able but don't want the obligations and responsbilities of membership. I'm hoping for revenue to be divided as follows: 20% in a tax account, 30% for operations, and 50% as a distribution split equally between the members and major contributors (25%-25%-25%-25%).
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