Royalty Split Agreement Template

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Royalty Split Agreement Template

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Royalty Split Agreement Template (1)
Between:
[Name of Entity A]
[Entity A’s ID]
[Entity A’s Address]
[Entity A’s Phone]
[Entity A’s Email]
And:
[Name of Entity B]
[Entity B’s ID]
[Entity B’s Address]
Introduction:
This agreement is made on [Effective Date] to establish the terms regarding the split of royalties generated from [Specify Product/Service].
Clause 1: Definitions
For the purposes of this agreement:
– “Royalties” means all revenues generated from [Specify Product/Service] sales, including but not limited to [Specify sources].
Clause 2: Royalty Distribution
The parties agree to split the royalties as follows: Entity A shall receive [Percentage]% and Entity B shall receive [Percentage]% of the total royalties generated.
Clause 3: Payment Terms
Payments will be made quarterly within [Number] days after the end of each quarter, detailing the royalty calculations and amounts due.
Clause 4: Duration of Agreement
This agreement shall commence on [Effective Date] and shall continue until [End Date], unless terminated earlier in accordance with the terms herein.
Clause 5: Termination
Either party may terminate this agreement with [Number] days written notice under circumstances including but not limited to: [Specify reasons].
Clause 6: Confidentiality
Both parties agree to maintain the confidentiality of proprietary information shared during the course of this agreement.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Entity A]
[Name of Entity A]
[Signature of Entity B]
[Name of Entity B]
Royalty Split Agreement Template (2)
Between:
[Name of Entity A]
[Entity A’s ID]
[Entity A’s Address]
[Entity A’s Phone]
[Entity A’s Email]
And:
[Name of Entity B]
[Entity B’s ID]
[Entity B’s Address]
Introduction:
This agreement defines the terms under which royalties received from [Specify Product/Service] shall be divided between the parties, effective as of [Effective Date].
Clause 1: Scope of Royalties
Royalties shall refer to all income derived from the sales, licensing, and distribution of [Specify Product/Service].
Clause 2: Percentage Split
The royalties shall be split as follows: Entity A will receive [Percentage]% and Entity B will receive [Percentage]% of all royalties.
Clause 3: Reporting and Payment Schedule
Payments will be distributed on a semi-annual basis, with a detailed report shipped to both parties within [Number] days of the payment date.
Clause 4: Term
The term of this agreement shall be [Duration], starting on [Effective Date] and continuing until terminated as provided herein.
Clause 5: Early Termination
The agreement may be terminated by either party upon [Number] days’ notice, with reasons outlined as follows: [Specify reasons].
Clause 6: Non-disclosure
Both parties commit to non-disclosure of any sensitive information acquired during the term of this agreement.
Clause 7: Jurisdiction
This agreement shall be interpreted under the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Entity A]
[Name of Entity A]
[Signature of Entity B]
[Name of Entity B]

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Please complete the form below to create the Royalty Split Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Royalty Split Agreement Template

1. Parties Involved




2. Work Description

3. Royalty Terms

4. Revenue Sources

5. Payment Schedule

6. Reporting Obligations

7. Duration of Agreement

8. Termination Conditions

9. Signatures and Acceptance

10. Declaration and Signatures



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Royalty Split Agreement Template

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Royalty Split Agreement Template