Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Royalty Split Agreement
"I need a Royalty Split Agreement under Austrian law for a software application I've developed with two other programmers, where we want to split the revenue 40-30-30, with quarterly payments starting from March 2025."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter: Detailed description of the intellectual property or rights subject to the royalty split
5. Grant of Rights: Specification of rights granted and any territorial or usage limitations
6. Royalty Calculations: Formula and methodology for calculating royalties, including split percentages
7. Payment Terms: Payment frequency, method, currency, and handling of taxes
8. Reporting and Accounting: Requirements for financial reporting and maintenance of records
9. Audit Rights: Provisions for auditing royalty calculations and payments
10. Representations and Warranties: Parties' assurances regarding IP ownership and authority to enter agreement
11. Term and Termination: Duration of agreement and circumstances for termination
12. Governing Law and Jurisdiction: Specification of Austrian law application and jurisdiction
13. General Provisions: Standard contractual provisions including notices, amendments, and severability
1. Non-Competition: Restrictions on competitive activities, if applicable to the business relationship
2. Minimum Guarantees: Minimum royalty payments guaranteed, if part of the commercial arrangement
3. Marketing and Promotion: Obligations regarding promotion and marketing of the IP, if relevant
4. Quality Control: Standards for quality control and approval processes, particularly relevant for trademark licensing
5. Sublicensing Rights: Terms for sublicensing if permitted under the agreement
6. Dispute Resolution: Alternative dispute resolution procedures if preferred over court proceedings
7. Force Majeure: Provisions for handling unforeseen circumstances affecting performance
1. Schedule A - Intellectual Property Description: Detailed description of the intellectual property subject to the royalty split
2. Schedule B - Royalty Calculation Examples: Examples illustrating how royalties will be calculated in various scenarios
3. Schedule C - Reporting Template: Standard format for regular royalty reports
4. Schedule D - Approved Products/Services: List of products or services covered by the agreement
5. Schedule E - Territory Definition: Detailed description of geographical territories if rights are territory-specific
6. Appendix 1 - Contact Information: Key contacts for each party for various purposes (payments, notices, etc.)
7. Appendix 2 - Bank Account Details: Banking information for royalty payments
Authors
Entertainment
Music Industry
Publishing
Software Development
Technology
Pharmaceuticals
Biotechnology
Media and Broadcasting
Gaming
Literary Arts
Visual Arts
Industrial Manufacturing
Research and Development
Fashion and Design
Legal
Finance
Intellectual Property
Business Development
Licensing
Royalty Administration
Content Management
Creative Services
Research and Development
Publishing
Rights Management
Contract Administration
Legal Counsel
Intellectual Property Manager
Licensing Director
Business Development Manager
Creative Director
Content Manager
Financial Controller
Royalty Administrator
Rights Manager
Contract Manager
CEO
CFO
Artist Manager
Publishing Manager
Innovation Director
Patent Attorney
Copyright Officer
Find the exact document you need
Royalty Payment Agreement
An Austrian law-governed agreement establishing terms for royalty payments, including calculation methods, payment schedules, and reporting requirements.
Royalty Contract
An Austrian-law governed agreement establishing terms for intellectual property licensing and royalty payments between a licensor and licensee.
Revenue Royalty Agreement
An Austrian law-governed agreement establishing revenue-sharing arrangements between parties, including calculation methods, payment terms, and compliance requirements.
Royalty Split Agreement
An Austrian law-governed agreement establishing terms for sharing royalties from intellectual property exploitation between multiple parties.
Royalty Share Agreement
An Austrian law-governed agreement establishing terms for sharing royalty payments between parties, including calculation methods and payment terms.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.