50/50 split contract

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Has anyone used a contract for a 50/50 split between wholesalers? I'm doing a deal right now with another wholesaler that I am "trusting" as he is kind of guiding me through the motions. However, in the future I would like to have a contract in place where it's said that we split all profits over the price of the property 50/50. Is anyone familiar with this procedure or perhaps has a contract that would accomplish what I'm speaking about?