A profit participation right entitles the investor to profit-related payments and loss participation up to the invested amount. In accordance with the legal privisions, all profit participation rights brokered via Invesdor contain a so-called qualified subordination. This means that investors then have no claim to payment or repayment of the invested amount as long as the company has negative equity or a payment would cause the company's insolvency. If insolvency proceedings are opened against the company's assets during the term of the loan, you will receive your outstanding remuneration payment and the invested sum only after all other creditors have been served whose claims are not correspondingly subordinated, but before the claims of the shareholders. The profit participation right therefore has the character of an entrepreneurial participation, whereby profit participation rights only grant profit rights and no shareholder rights, such as participation, co-determination and voting rights in the company's shareholders' meetings. You must be aware that, in the worst case, this could result in the total loss of your investment. Therefore, before making any investment, please consider how likely you think the risk of insolvency is for this company.