Ottoman Empire in a WWI That Ends in 1916?

Always seems to get left out but I wondered about what would happen to an Ottoman Empire in such a scenario. I'm planning a TL where Germany, due to various circumstances, is knocked out of the War in mid/late 1916 with the Allies now able to focus entirely on the Ottomans. I plan to have them surrender to avoid getting a beat down but what would be the terms of such a surrender? Would they turn into a Republic still or would the Dynasty just about manage to cling on? Your thoughts?
 
The Ottomans would be the ones to get the White Peace in this scenario, as with the exception of Russia the major Allied victories in this war, outside Sinai, haven't happened yet. What are the Allies going to try to do, make Gallipoli and Kut into the basis for a Sevres? It's like Germany trying to get a Brest-Litovsk following the Brusilov Offensive.
 
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