What of the following is NOT a typical term in the contract between GPs and LPs (LPA: limited partnership agreement)? Group of answer choices

LPA is designed to align the interests of the GP with the limited partners (LPs) using a profit-sharing agreement of private equity.

At the exit, the LPs receive the capital that was invested in the company and the profits are split.

The LPs typically receive 20 percent and the GPs 80 percent of the capital gain.