Can anyone advise me on fairly typical Profit sharing contract example?

Hi just looking for some info on how typically a profit sharing agreement is handled.

After all bills and expenses are paid then this is the profit correct? Do then the CEO or Project Lead take X% from the top and then the remaining is split equally between work force?

Am I close lol? Just really looking to get informed regarding this and I apologise if this is in the wrong forum. It seemed applicable here.

Thanks