[{"data":1,"prerenderedAt":511},["ShallowReactive",2],{"document-revenue-sharing-agreement-D13477":3},{"document":4,"label":21,"preview":11,"thumb":22,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":23,"breadcrumb":27,"related":33,"customDescModule":171,"customdescription":6,"mdFm":172,"mdProseHtml":510},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"REVENUE SHARING AGREEMENT This Revenue Sharing Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [NAME OF PARTY A], (\"Party A\"), an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF PARTY B], (\"Party B\"), an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, Party A and Party B shall be referred to as the \"Parties\" and individually as \"Party.\" WHEREAS, the Parties wish to collaborate with each other for the fulfillment of certain business relating to [SPECIFY THE BUSINESS] (the \"Collaboration\"); WHEREAS, the Parties wish to evidence their contract in writing; NOW, THEREFORE, in consideration and as a condition of the Parties entering into this Agreement and other valuable considerations, the receipt and sufficiency of which consideration is acknowledged, the Parties agree as follows: PURPOSE The purpose of this Agreement is to establish the terms and conditions under which the Parties will collaborate and work together in the [SPECIFY NATURE OF BUSINESS] to achieve their mutual goals. REVENUE SHARING AND PAYMENT During the term of this Agreement, the Parties shall share revenue generated from the Collaboration in the following manner: [SPECIFY THE REVENUE SHARING PERCENTAGE] Party A shall make payments to Party B within [NUMBER OF DAYS] days after the end of each calendar month for the revenue generated during the preceding month. The payment shall be accompanied by a detailed report of revenue generated by the Collaboration activities during the preceding month. TERM The Parties agree that the present Agreement shall be in force from the [DATE] unless terminated by either of the Parties in accordance with the present Agreement. ROLES AND OBLIGATIONS OF PARTY A Party A agrees to perform the following roles and obligations: [INSERT SPECIFIC ROLES AND OBLIGATIONS OF PARTY A] ROLES AND OBLIGATIONS OF PARTY B Party B agrees to perform the following roles and obligations: [INSERT SPECIFIC ROLES AND OBLIGATIONS OF PARTY B] OPERATIONS AND FINANCE The Parties shall conduct their operations in accordance with the Business Plan of the Collaboration attached hereto as Exhibit A of this Agreement. The Parties shall maintain accurate records of their financial transactions and shall prepare financial statements in accordance with generally accepted accounting principles. RELATIONSHIP OF PARTIES Nothing contained in this Agreement shall create an employer and employee relationship, a master and servant relationship, or a principal and agent relationship between the Parties. ASSIGNMENT The Parties shall not assign any rights under the present Agreement to any other Party without the mutual written consent of the Parties. Subject to the foregoing, this Agreement will be binding upon the Parties' heirs, executors, successors and assigns. REPRESENTATION AND WARRANTIES The Parties represent and warrant to each other as follows: They have full power and authority to enter into this Agreement, including all rights necessary to make the foregoing assignments to each other. That in performing under the Agreement, they will not violate the terms of any agreement with any third party. DEFAULTS, REMEDIES AND TERMINATION Events of Default: Each of the following shall constitute an Event of Default under this Agreement: Material Breach: Either Party fails in any material respect to comply with, observe, or perform, or shall default in any material respect in the performance of the terms and conditions of this Agreement. Material Misrepresentation: Any representation made by either Party hereunder shall be false or incorrect in any material respect when made, or is false in any material respect at any point in time. Remedies for Default: Except to the extent more limited rights are provided elsewhere in this Agreement, if an Event of Default occurs as defined above, the non-defaulting Party shall provide the defaulting Party with notice of the Event of Default. Following receipt of a notice of an Event of Default, the defaulting Party shall have [NUMBER OF DAYS] days to cure such Event of Default after receipt of notice thereof from the other Party, provided that if such failure is not capable of being cured within such [NUMBER OF DAYS]-day period with the exercise of reasonable diligence, then such cure period shall be extended for an additional reasonable period of time, not to exceed thirty (30) days, so long as the defaulting Party is exercising reasonable diligence to cure such failure. Termination for Default: Either Party shall have the right to immediately terminate this Agreement for an Event of Default as defined above. If the required notice was given for an Event of Default as defined in section 10",null,"Revenue Sharing Agreement","6",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/revenue-sharing-agreement-D13477.png","https://templates.business-in-a-box.com/imgs/250px/13477.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13477.xml",{"title":15,"description":6},"revenue sharing agreement",[17,20],{"label":18,"url":19},"Legal Agreements","/templates/business-legal-agreements/",{"label":18,"url":19},"Revenue Sharing Agreement Template","https://templates.business-in-a-box.com/imgs/400px/13477.png",[24,17,20],{"label":25,"url":26},"Templates","/templates/",[28,29,30],{"label":25,"url":26},{"label":18,"url":19},{"label":31,"url":32},"Partnerships & Joint Ventures","/templates/partnerships-and-joint-ventures/",[34,38,42,46,50,54,58,62,66,70,74,78,82,97,113,128,142,157],{"label":35,"url":36,"thumb":37,"extension":10},"Data Sharing Agreement","/template/data-sharing-agreement-D13514","https://templates.business-in-a-box.com/imgs/250px/13514.png",{"label":39,"url":40,"thumb":41,"extension":10},"Time Sharing Agreement","/template/time-sharing-agreement-D13287","https://templates.business-in-a-box.com/imgs/250px/13287.png",{"label":43,"url":44,"thumb":45,"extension":10},"Profit Sharing Agreement","/template/profit-sharing-agreement-D13753","https://templates.business-in-a-box.com/imgs/250px/13753.png",{"label":47,"url":48,"thumb":49,"extension":10},"Revenue Recognition Policy","/template/revenue-recognition-policy-D13766","https://templates.business-in-a-box.com/imgs/250px/13766.png",{"label":51,"url":52,"thumb":53,"extension":10},"Consulting Agreement with Sharing of Software Revenues","/template/consulting-agreement-with-sharing-of-software-revenues-D785","https://templates.business-in-a-box.com/imgs/250px/785.png",{"label":55,"url":56,"thumb":57,"extension":10},"Profit Sharing Plan","/template/profit-sharing-plan-D483","https://templates.business-in-a-box.com/imgs/250px/483.png",{"label":59,"url":60,"thumb":61,"extension":10},"Revenue Models and Metrics Guide","/template/revenue-models-and-metrics-guide-D12960","https://templates.business-in-a-box.com/imgs/250px/12960.png",{"label":63,"url":64,"thumb":65,"extension":10},"Revenue Growth Management Explained","/template/revenue-growth-management-explained-D13389","https://templates.business-in-a-box.com/imgs/250px/13389.png",{"label":67,"url":68,"thumb":69,"extension":10},"Non-Profit Partnership Agreement","/template/non-profit-partnership-agreement-D14023","https://templates.business-in-a-box.com/imgs/250px/14023.png",{"label":71,"url":72,"thumb":73,"extension":10},"How To Generate Multiple Revenue Streams For Your Business Model","/template/how-to-generate-multiple-revenue-streams-for-your-business-model-D13159","https://templates.business-in-a-box.com/imgs/250px/13159.png",{"label":75,"url":76,"thumb":77,"extension":10},"Acquisition Agreement","/template/acquisition-agreement-D847","https://templates.business-in-a-box.com/imgs/250px/847.png",{"label":79,"url":80,"thumb":81,"extension":10},"Amalgamation Agreement","/template/amalgamation-agreement-D855","https://templates.business-in-a-box.com/imgs/250px/855.png",{"description":83,"descriptionCustom":6,"label":84,"pages":85,"size":86,"extension":10,"preview":87,"thumb":88,"svgFrame":89,"seoMetadata":90,"parents":91,"keywords":95,"url":96},"JOINT VENTURE AGREEMENT This Joint Venture Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"First Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND JOINT VENTURER NAME] (the \"Second Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] This Agreement is entered by First Joint Venturer and Second Joint Venturer, herein after collectively referred to as the \"Joint Venturers\", for the purpose of performing: [DESCRIBE JOINT VENTURE]. WITNESSETH: WHEREAS, the parties are desirous of forming a Joint Venture (the \"Venture\"), under the laws of the [State/Province] of [STATE/PROVINCE] by execution of this Agreement for the purposes set forth herein and are desirous of fixing and defining between themselves their respective responsibilities, interests, and liabilities in connection with the performance of the before mentioned project; and NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties herein agree to constitute themselves as Joint Venturers, henceforth, \"Venturers\" for the purposes before mentioned, and intending to be legally bound hereby, the parties hereto, after first being duly sworn, do covenant, agree and certify as follows: DEFINITIONS \"Affiliate\" shall refer to (i) any person directly or indirectly controlling, controlled by or under common control with another person, (ii) any person owning or controlling 10% or more of the outstanding voting securities of such other person, (iii) any officer, director or other partner of such person and (iv) if such other person is an officer, director, joint Venturer or partner, any business or entity for which such person acts in any such capacity. \"Venturers\" shall refer to [VENTURE NAME] Inc., and any successor(s) as may be designated and admitted to the Venture. \"Internal Revenue Code\", \"Code\" or \"I.R.C.\" shall refer to the current and applicable Internal Revenue Code. \"Net Profits and Net Losses\" means the taxable income and loss of the Venture, except as follows: [DESCRIBE] The \"Book\" value of an asset shall be substituted for its adjusted tax basis if the two differ, but otherwise Net Profits and Net Losses shall be determined in accordance with federal income tax principles. \"Project\" shall refer to that certain [DESCRIBE] project known as [NAME]. \"Treasury Regulations\" shall refer to those regulations promulgated by the Department of the Treasury with respect to certain provision of Internal Revenue Code. \"Percentage of Participation\" shall refer to that figure set forth in Exhibit A. FORMATION, NAME, AND PRINCIPLE PLACE OF BUSINESS Formation (a) The Venturers do hereby form a joint venture pursuant to the laws of the State of [STATE/PROVINCE] in order for the Venture to carry on the purposes for which provision is made herein. (b) The Ventures shall execute such certificates as may be required by the laws of the [State/Province] of [STATE/PROVINCE] or of any other state in order for the Venture to operate its business and shall do all other acts and things requisite for the continuation of the Venture as a joint venture pursuant to applicable law. Name The Name and style under which the Venture shall be conducted is: [DESCRIBE]. Principal place of business The Venture shall maintain its principal place of business at [FULL ADDRESS]. The Venture may re-locate its office from time to time or have additional offices as the Venturers may determine. PURPOSE OF THE JOINT VENTURE The business of the Venture shall be to perform: [DESCRIBE], a project having the Contract # , being entitled, and being in a dollar amount of [AMOUNT], in accordance with the contract documents for the Project and all such other business incidental to the general purposes herein set forth. TERM The term of the Venture shall commence as of the date hereof and shall be terminated and dissolved upon the earliest to occur of: (i) completion of the Project and receipt of all sums due the Venture by the Owner, [OWNER NAME] pursuant thereto and payment of all laborers and material men employed by the Venture in connection with the project; (ii) [DATE]; (iii) the unanimous agreement of the Ventures; or (iv) the order of a court of competent jurisdiction. PERCENTAGE OF PARTICIPATION Description Except as otherwise provided in sections 6.0 and 9.0 hereof, the interest of the Parties in any gross profits and their respective shares in any losses and/or liabilities that may result from the filing of a joint bid and/or the performance of the Construction Contract, and their interests in all property and equipment acquired and all money received in connection with the performance of the Contract shall be as follows: [Name Joint Venture Partner Percentage] Losses The Parties agree that in the event any losses arise out of or results from the performance of the Project, each Venturer shall assume and pay the share of the losses that is equal to the percentage of participation. Liabilities If for any reason, a Venturer sustains any liabilities or is required to pay any losses arising out of or directly connected with the Project, or the execution of any surety bonds or indemnity agreements in connection therewith, which are in excess of its Percentage of Participation, in the Joint Venture, the other Venturer shall promptly reimburse such Venturer this excess, so that each and every member of the Joint Venturer will then have paid its proportionate share of such losses to the full extent of its Percentage of Participation. Indemnities The Venturers agree to indemnify each other and to hold the other harmless from, any and all losses of the Joint Venture that are in excess of such other Venturer's Percentage of Participation. Provided that the provisions of this subsection shall be limited to losses that are directly connected with or arise out of the performance of the Project and/or the execution of any bonds or indemnity agreements in connection therewith and shall not be relate to or include any incidental, indirect or consequential losses that may be sustained or suffered by a Party. Duration The Parties shall from time to time execute such bonds and indemnity agreements, including applications there and other documents that may be necessary in connection with the performance of the Project. Provided however, that the liability of each of the Parties under any agreements to indemnify a surety company or surety companies shall be limited to the percentage of the total liability assumed by all the Parties under such indemnity agreements that is equal to the Party's Percentage of Participation. Initial contribution of the venture (a) The Venturers shall contribute the Property to the Venture and their Capital Account shall each be credited with the appropriate value of such contribution in accordance with their Venture interests. (b) Except as otherwise required by law or this Agreement, the Venturers shall not be required to make any further capital contributions to the Venture. Venture interests Upon execution of this Agreement, the Venturers shall each own the following interests in the Venture: Joint Venture Partner Percentage Return of capital contributions (a) No Venturer shall have the right to withdraw his capital contributions or demand or receive the return of his capital contributions or any part thereof, except as otherwise provided in this Agreement. (b) The Venturers shall not be personally liable for the return of capital contributions or any part thereof, except as otherwise provided in this Agreement. (c) The Venture shall not pay interest on capital contributions of any Venturer.","Joint Venture Agreement","7",70,"https://templates.business-in-a-box.com/imgs/1000px/joint-venture-agreement-D889.png","https://templates.business-in-a-box.com/imgs/250px/889.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#889.xml",{"title":6,"description":6},[92,94],{"label":18,"url":93},"business-legal-agreements",{"label":18,"url":93},"joint venture agreement","/template/joint-venture-agreement-D889",{"description":98,"descriptionCustom":6,"label":99,"pages":100,"size":101,"extension":10,"preview":102,"thumb":103,"svgFrame":104,"seoMetadata":105,"parents":106,"keywords":111,"url":112},"TRADEMARK LICENSE AND ROYALTY AGREEMENT This Trademark License and Royalty Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Licensor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Licensee\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Licensor is the owner of the [COUNTRY] rights to those trade marks (\"Marks\") listed in Schedule \"A\"; AND WHEREAS the Licensor and the Licensee have entered into an agreement of even date (the \"Asset Purchase Agreement\") pursuant to which the Licensor has sold to the Licensee and the Licensee has purchased from the Licensor all the assets of the [NUMBER] centers currently operated by the Licensor in the Province of [STATE/PROVINCE] (the \"Licensor\"); WHEREAS, as part of the said transaction, the Licensor has agreed to grant to the Licensee the right to use the Marks in the Province of [STATE/PROVINCE] for a period of [NUMBER] years from the date hereof and to permit the Licensee to use the \"Licensor\" name jointly with its \"[COMPANY NAME]\" brand name on the [COMPANY NAME] as well as on the [NUMBER] [COMPANY NAME] shops currently owned and operated by the Licensee (the \"[COMPANY NAME]\"), as well as any new centers opened and operated by the Licensee in the Province of [STATE/PROVINCE] under one or both of the \"[COMPANY NAME]\" and \"[COMPANY NAME]\" names (the \"[COMPANY NAME]\"), in consideration of the payment by the Licensee to the Licensor of the royalties hereinafter stipulated, the whole upon the terms and conditions hereinafter set forth; NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual covenants herein, the parties agree as follows: WHEREAS, as part of the said transaction, the Licensor has agreed to grant to the Licensee the right to use the Marks in the [STATE/PROVINCE] for a period of ten (10) years from the date hereof and to permit the Licensee to use the [SPECIFY] name jointly with its [SPECIFY] brand name on the [SPECIFY] Centers as well as on the [NUMBER] of [SPECIFY] shops currently owned and operated by the Licensee, as well as any new centers opened and operated by the Licensee in the [STATE/PROVINCE] under one or both of the [SPECIFY] and [SPECIFY] names, in consideration of the payment by the Licensee to the Licensor of the royalties hereinafter stipulated, the whole upon the terms and conditions hereinafter set forth; DEFINITIONS AND INTERPRETATION In this Agreement the following terms shall have the following meanings: Definitions \"Affiliate\" has the meaning given to \"affiliated body corporate\" by the [COUNTRY] Business Corporations [ACT/LAW/RULE]. \"Centers\" means, collectively, the Licensor, [COMPANY NAME] and [COMPANY NAME], as each such term is defined in the preamble hereto. \"Gross Sales\" for any period means the total of all amounts directly or indirectly received or receivable during that period by the Centres (whether evidenced by cash, check, credit card or otherwise in any manner) from the sale of goods or the provision of services by the Centres, together with all other income generated during that period from all other business of any nature conducted at or originating from the Centres and all proceeds received by the Licensee during that period from any business interruption insurance in respect of the Centres. Gross Sales does not, however, include the amount of any provincial retail sales-tax or other direct tax imposed by any duly constituted governmental authority on the sale of goods or services which is required to be collected at the point of sale from the customer by the Licensee as agent for such authority. \"Marks\" means the trade marks, trade names, design marks and other commercial symbols listed in Schedule \"A\" and all other trade names, trade marks, design marks and commercial symbols which the Licensor may from time to time designate for use in the operation of the Centres. \"Notice\" means written notice given in accordance with Section 15. Extended Meanings Words importing the singular number include the plural and vice versa and words importing the masculine gender include the feminine and neuter genders. Interpretation Not Affected by Headings The division of this Agreement into articles and insertion of headings is for convenience and reference only and shall not affect the construction or interpretation of this Agreement. Governing Law This Agreement shall be governed by, and construed and enforced in accordance with, the [YOUR COUNTRY LAW] of the Province of [STATE/PROVINCE] without regard to its conflicts of [YOUR COUNTRY LAW] rules. In the event that this Agreement is sought to be enforced in any jurisdiction other than the Province of [STATE/PROVINCE], the parties intend that the court of such jurisdiction shall apply [STATE/PROVINCE] [YOUR COUNTRY LAW]. Where actions or proceedings are instituted in a court of a jurisdiction other than [STATE/PROVINCE], the rules of procedure and process of such claims shall be those of said jurisdiction other than [STATE/PROVINCE] notwithstanding that the Agreement shall be interpreted in accordance with the [YOUR COUNTRY LAW] of [STATE/PROVINCE] without regard to its conflict of [YOUR COUNTRY LAW] rules. Any legal action or proceeding with respect to this Agreement and any action for enforcement of any judgment in respect thereof may be brought in the courts of the Province of [STATE/PROVINCE] or of any other province of [COUNTRY] and, by execution and delivery of this Agreement, each of the parties hereto hereby accepts for itself and in respect of its property, generally and unconditionally, the non-exclusive jurisdiction of the aforesaid courts. Each of the parties hereto irrevocably consents to the service of process out of any of the aforementioned courts in any action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, to the parties hereto at their respective addresses set forth in Section 15 hereof. Each of the parties hereto hereby irrevocably waives any objection which it may now or hereafter have to the laying of venue of any of the aforesaid actions or proceedings arising out of or in connection with this Agreement brought in the courts referred to above and hereby further irrevocably waives and agrees not to plead or claim in any such court that any such action or proceeding brought in any such court has been brought in an inconvenient forum. Funds All amounts referred to in this Agreement are in the lawful money of [COUNTRY], unless otherwise stated. Financial Documents All calculations and financial documents required to be made or produced under or pursuant to this Agreement shall be made or produced in accordance with generally accepted accounting principles which are from time to time approved by the [COUNTRY] Institute of Chartered Accountants as set forth in the publication known as the [SPECIFY] and applicable as at the date on which any calculation or financial document is required to be made or produced, save and except as may be specifically provided herein. Severability If any provision of this Agreement shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect or render invalid or unenforceable such provision in any other jurisdiction or any other provision of this Agreement in any jurisdiction. Business Day In the event that any action to be taken hereunder falls on a day, which is not a Business Day, then such action shall be taken on the next succeeding Business Day. Preamble The preamble forms an integral part of this Agreement. GRANT OF LICENSE Grant and Term","Trademark License and Royalty Agreement","12",88,"https://templates.business-in-a-box.com/imgs/1000px/trademark-license-and-royalty-agreement-D970.png","https://templates.business-in-a-box.com/imgs/250px/970.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#970.xml",{"title":6,"description":6},[107,108],{"label":18,"url":93},{"label":109,"url":110},"Copyrights, Patents & Trademarks","copyrights-patent-trademark","trademark license royalty agreement","/template/trademark-license-and-royalty-agreement-D970",{"description":114,"descriptionCustom":6,"label":115,"pages":116,"size":9,"extension":10,"preview":117,"thumb":118,"svgFrame":119,"seoMetadata":120,"parents":122,"keywords":121,"url":127},"PARTNERSHIP AGREEMENT This Partnership Agreement (\"Agreement\") is made and effective this [Date], BETWEEN: [YOUR COMPANY NAME] (the \"First Partner\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTNER NAME] (the \"Second Partner\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS Partners desire to join together for the pursuit of common business goals. Partners have considered various forms of joint business enterprises for their business activities. Partners desire to enter into a partnership agreement as the most advantageous business form for their mutual purposes. The parties hereto agree to form a limited partnership (the \"Partnership\") under [LAW, CODE OR ACT]. In consideration of the mutual promises contained in this agreement, partners agree as follows: NAME AND DOMICILE The name of the partnership shall be [name]. The principal place of business shall be at [address], [city], [state/province], unless relocated by consent of the partners. Purposes Subject to the limitations set forth in this Agreement, the purposes of the Partnership are to engage in the business of [DESCRIBE ACTIVITIES]; and to conduct other activities as may be necessary or incidental to or desirable in connection with the foregoing. DURATION OF AGREEMENT The term of this agreement shall be for [number] years, commencing on [date], and terminating on [date], unless sooner terminated by mutual consent of the parties or by operation of the provisions of this agreement. CLASSIFICATION AND PERFORMANCE BY PARTNERS Partners shall be classified as active partners, advisory partners, or estate partners. An active partner may voluntarily become an advisory partner, may be required to become one irrespective of age, and shall automatically become one after attaining the age of [age] years, and in each case shall continue as such for [number] years unless the partner sooner withdraws or dies. If an active partner dies, the partner's estate will become an estate partner for [number] years. If an advisory partner dies within [Number] years of having become an advisory partner, the partner will become an estate partner for the balance of the [number]-year period. Only active partners shall have any vote in any partnership matter. At the time of the taking effect of this partnership agreement, all the partners shall be active partners except [name] and [name], who shall be advisory partners. An active partner, after attaining the age of [age] years, or prior to that age if the [executive committee or as the case may be] with the approval of [two-thirds or as the case may be] of all the other active partners determines that the reason for the change in status is bad health, may become an advisory partner at the end of any calendar month on giving [number] calendar months' prior notice in writing of the partner's intention to do so. The notice shall be deemed to be sufficient if sent by registered mail addressed to the partnership at its principal office at [address], [city], [state/province] not less than [number] calendar months prior to the date when the change is to become effective. Any active partner may at any age be required to become an advisory partner at any time if the [executive committee or as the case may be] with the approval of [two-thirds or as the case may be] of the other active partners shall decide that the change is for any reason in the best interests of the partnership, provided notice of the decision shall be given in writing to the partner. The notice shall be signed by the [chairman or as the case may be] of the [executive committee or as the case may be] or, in the event of his or her being unable to sign at the time, by another member of the [executive committee or as the case may be]. The notice shall be served personally on the partner required to change his or her status or mailed by registered mail to the partner's last known address. Change of the partner's status shall become effective as of the date specified in the notice. Every active partner shall automatically and without further act become an advisory partner at the end of the fiscal year in which the partner's birthday occurs. In the event that an active partner becomes an advisory partner or dies, the partner or the partner's estate shall be entitled to the following payments at the following times: [describe] Each active partner shall apply all of the partner's experience, training, and ability in discharging the partner's assigned functions in the partnership and in the performance of all work that may be necessary or advantageous to further the business interests of the partnership. CONTRIBUTION Each partner shall contribute [amount] on or before [date] to be used by the partnership to establish its capital position. Any additional contribution required of partners shall only be determined and established in accordance with Article Nineteen. MANAGEMENT OF THE PARTNERSHIP The Partnership shall be managed by [SPECIFY]. Subject to the limitations specifically contained in this Agreement, [PARTY MANAGING THE PARTNERSHIP] shall have the full, exclusive and absolute right, power and authority to manage and control the Partnership and the property, assets and business thereof. [PARTY MANAGING THE PARTNERSHIP] shall have all of the rights, powers and authority conferred by law or under other provisions of this Agreement. Without limiting the generality of the foregoing, such powers include the right on behalf of the Partnership, in [PARTY MANAGING THE PARTNERSHIP]' sole discretion, to: Acquire, purchase, renovate, improve, and own any property or assets necessary or appropriate or in the best interests of the business of the Partnership, and to acquire options for the purchase of any such property; Borrow money, issue evidences of indebtedness in connection therewith, refinance, increase the amount of, modify, amend or change the terms of, or extend the time for the payment of, any indebtedness or obligation of the Partnership, and secure such indebtedness by mortgage, deed of trust, pledge or other lien on Partnership assets; Sue on, defend or compromise any and all claims or liabilities in favor of or against the Partnership and to submit any or all such claims or liabilities to arbitration; File applications, communicate and otherwise deal with any and all governmental agencies having jurisdiction over, or in any way affecting, the Partnership's assets or any part thereof or any other aspect of the Partnership business; Retain services of any kind or nature in connection with the Partnership business, and to pay therefore such remuneration deem reasonable and proper; and Perform any and all other acts deem necessary or appropriate to the Partnership business. TRANSFER OF PARNERSHIP INTERESTS Restrictions on Transfer None of the Partners shall sell, assign, transfer, mortgage, encumber, or otherwise dispose of the whole or part of that Partner's interest in the Partnership, and no purchaser or other transferee shall have any rights in the Partnership as an assignee or otherwise with respect to all or any part of that Partnership interest attempted to be sold, assigned, transferred, mortgaged, encumbered, or otherwise disposed of, unless and to the extent that the remaining Partner(s) have given consent to such sale, assignment, transfer, mortgage, or encumbrance, but only if the transferee forthwith assumes and agrees to be bound by the provisions of this Agreement and to become a Partner for all purposes hereof, in which event, such transferee shall become a substituted partner under this Agreement.","Partnership Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/partnership-agreement-D12551.png","https://templates.business-in-a-box.com/imgs/250px/12551.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12551.xml",{"title":121,"description":6},"partnership agreement",[123,124],{"label":18,"url":93},{"label":125,"url":126},"Partnership Agreements","partnership-agreement","/template/partnership-agreement-D12551",{"description":129,"descriptionCustom":6,"label":130,"pages":131,"size":132,"extension":10,"preview":133,"thumb":134,"svgFrame":135,"seoMetadata":136,"parents":137,"keywords":140,"url":141},"RESELLER AGREEMENT This Reseller Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RESELLER NAME] (the \"Reseller\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] APPOINTMENT Appointment Company appoints Reseller and Reseller accepts appointment as an independent non-exclusive Reseller to market, sell, lease and install Company products (\"Products\") within the Territory stated in Exhibit A to consumers purchasing pursuant to [SPECIFY]. Reseller is not appointed as a dealer for Company's [SPECIFY] Schedule. Products Covered Company Products means the products agreed to between the parties from time to time with any exclusions, additions or discounts Company may make. Sub-Resellers Reseller shall not, without Company's prior written approval, appoint sub-resellers, resellers or agents (\"Sub-resellers\") to market, sell, or lease Company Products; provided that Company shall not withhold such consent unreasonably if Reseller provides evidence of Company approved training and certification of such reseller or agent. Reseller shall be liable for the acts and omissions of any such Sub-resellers. Should Reseller resell Products to any Sub-reseller, and Products are further resold, the final end-user may not receive Company warranty or technical support. Sales Outside Territory Reseller shall in no way market, distribute, export, sell, lease or install Company Products outside the Territory without Company's prior written approval. Company will not ship on any Purchase Orders issued by Reseller outside the Territory. Company Sales Activities Company reserves the right to make direct sales into the Territory, and Reseller shall not be entitled to any compensation on any such sales. Company may appoint additional Resellers in the Territory at any time. OBLIGATIONS OF RESELLER Marketing and Product Support Reseller shall use reasonable efforts to market and sell Company Products in the Territory and shall comply with the policies, programs, and requirements regarding marketing and product support as may be communicated by Company to Reseller from time to time; provided, however, that in order to avoid conflict among Company's distribution channels, all such marketing and sales efforts require the prior written authorization from Company. Reseller shall not, without prior written authorization from Company, resell Company Products in a retail environment that includes any type of store, shop, or other similar physical premises into which customers or potential customers are invited for the purpose of purchasing or potentially purchasing any product from Reseller. Advertising Reseller shall adhere to the reseller advertising policies and programs as may be communicated by Company to Reseller from time to time. Customer Support and Service Reseller Shall: Supply Company with such data as Company requests regarding Reseller's sales to customers for Company's own reporting purposes; Participate fully in Company campaigns to notify customers of any retrofit or recall of Company Products; Use only Company-approved spare parts for any repair, servicing and maintenance of Company Products it provides under warranty; Comply with laws and regulations applicable to \"used\" or returned merchandise and never refurbish, place in inventory, or resell as \"new\" any Company Products returned to Reseller for post-sale repair; and Instruct its customers on how to obtain replacement parts under warranty, including, when Reseller wants its customers to contact Company directly, the use of Company's Return Merchandise Authorization (\"RMA\") procedures. Observance of Company Policies Company will keep Reseller informed of Company's customer support policies and procedures, and Reseller agrees to follow such policies and procedures to resolve any customer support issues. Minimum Order Commitment Concurrent with execution of this Agreement, Reseller agrees to simultaneously purchase from Company the Products set forth on the attached Schedule D at the indicated prices for resale pursuant to the terms of this Agreement (the \"Initial Purchase\"). Reseller's Warehouse All Products shipped to Reseller shall be maintained in Reseller's warehouse facility in [STATE/PROVINCE] and shall be insured against any damage or loss. The Products purchased in the Initial Purchase shall be shipped to such warehouse. Security Interest Reseller agrees that all Products sold to Reseller hereunder shall be secured by a security interest in such Products and any proceeds thereof and in any receivables related thereto including any customer loan paper until Company shall have been paid for such Products. Reseller agrees to execute financing agreements, a security agreement, and such other documentation and take such other actions as Company may require to evidence and perfect such security interest. Exclusive Marketing Arrangement During the term of this Agreement, Company will be the exclusive provider of [SPECIFY] (\"[SPECIFY]\") to Reseller. Reseller will not sell, offer for sale or solicit sales for products of any [SPECIFY] manufacturer other than Company. For the term of this Agreement, Company will be the sole supplier to Reseller for internal [SPECIFY] requirements provided that Company personal computers shall be compatible with Reseller's existing infrastructure, suitable for Reseller's internal needs, and competitively priced. OBLIGATIONS OF COMPANY Supply of Company Products Company shall endeavor to manufacture, assemble and ship Company Products to Reseller in a timely manner. Should shortages occur, Company may allocate its production as it deems appropriate, may delay or stop shipments, and may send partial shipments with prior notice. Company shall not be liable to Reseller for any failure to supply quantities of Company Products agreed upon with Reseller. Marketing Assistance Company will provide marketing support services and training programs to Reseller on a case-by-case basis. ORDERING AND DELIVERY OF COMPANY PRODUCTS Purchasing This Agreement with its terms and conditions, and those provided under the Company Consumer Products Limited Warranty (available upon request) applies to all purchase orders and other documents of purchase (\"Orders\") which Reseller may place with Company for the Products during the term of this Agreement. Media for Orders Reseller may order from Company by telephone, facsimile, mail or electronic mail. Company will also provide Reseller with the capacity to enter Orders directly into Company's system. Acceptance by Company of the Order shall occur (a) when the Order is entered into Company's system, (b) when an Order number is provided to Reseller by facsimile or electronic mail, if requested by Reseller, or (c) when assembly of the Products commences, whichever occurs first. Orders Reseller may deliver a Purchase Order to Company by facsimile or electronic mail provided a signed original is delivered to Company within [NUMBER] days of receipt of the Purchase Order by Company. Company shall accept all Purchase Order's by (a) facsimile or electronic mail, with a signed original notice of acknowledgment or (b) by commencement of performance by Company. Each Purchase Order shall be deemed an offer by Reseller to purchase the Company Products listed therein and when accepted by Company shall constitute a contract in accordance with the terms and conditions of the Purchase Order and this Agreement. If a conflict arises between the two, this Agreement shall take precedence.","Reseller Agreement","18",134,"https://templates.business-in-a-box.com/imgs/1000px/reseller-agreement-D5202.png","https://templates.business-in-a-box.com/imgs/250px/5202.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5202.xml",{"title":6,"description":6},[138,139],{"label":18,"url":93},{"label":18,"url":93},"reseller agreement","/template/reseller-agreement-D5202",{"description":143,"descriptionCustom":6,"label":144,"pages":145,"size":9,"extension":10,"preview":146,"thumb":147,"svgFrame":148,"seoMetadata":149,"parents":151,"keywords":150,"url":156},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":150,"description":6},"non disclosure agreement nda",[152,153],{"label":18,"url":93},{"label":154,"url":155},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":158,"descriptionCustom":6,"label":159,"pages":8,"size":160,"extension":10,"preview":161,"thumb":162,"svgFrame":163,"seoMetadata":164,"parents":165,"keywords":169,"url":170},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[166],{"label":167,"url":168},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",false,{"seo":173,"reviewer":184,"legal_disclaimer":188,"quick_facts":189,"at_a_glance":191,"personas":195,"variants":220,"glossary":245,"clauses":279,"how_to_fill":330,"common_mistakes":371,"faqs":396,"industries":424,"comparisons":441,"diy_vs_lawyer":454,"jurisdictions":467,"related_template_ids_curated":488,"schema":498,"classification":499},{"meta_title":174,"meta_description":175,"primary_keyword":176,"secondary_keywords":177},"Revenue Sharing Agreement Template | Free Word Download","Free revenue sharing agreement template covering revenue calculation, attribution, payment schedules, audit rights, and term.","revenue sharing agreement template",[15,178,179,180,181,182,183],"revenue sharing contract template","revenue share agreement template free","revenue sharing agreement word","partnership revenue sharing agreement","affiliate revenue sharing agreement","revenue split agreement template",{"name":185,"credential":186,"reviewed_date":187},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":190,"legal_review_recommended":188,"signature_required":188,"notarization_required":171},"advanced",{"what_it_is":192,"when_you_need_it":193,"whats_inside":194},"A Revenue Sharing Agreement is a legally binding contract between two or more parties that defines how revenue generated by a specific product, channel, or initiative is calculated, attributed, and distributed. This free Word download covers the revenue definition, sharing percentage, payment schedule, audit rights, dispute process, and term — giving both sides a single enforceable document to govern the arrangement.\n","Use it whenever two businesses or individuals agree to split income from a shared effort — a joint distribution deal, an affiliate arrangement, a content licensing deal, or a co-developed product — before any revenue changes hands.\n","Revenue definition and calculation methodology, sharing percentages or formulas, payment schedule and currency, audit and record-keeping rights, attribution rules for multi-source revenue, term and termination conditions, representations and warranties, and governing law.\n",[196,200,204,208,212,216],{"title":197,"use_case":198,"icon_asset_id":199},"Business partners","Splitting income from a jointly operated product or service line","persona-business-partner",{"title":201,"use_case":202,"icon_asset_id":203},"SaaS founders","Formalizing a channel-partner or reseller revenue split with a distributor","persona-startup-founder",{"title":205,"use_case":206,"icon_asset_id":207},"Content creators and publishers","Licensing content to a platform in exchange for a percentage of ad or subscription revenue","persona-content-creator",{"title":209,"use_case":210,"icon_asset_id":211},"Affiliate program managers","Documenting commission structures and attribution rules for high-value affiliates","persona-marketing-manager",{"title":213,"use_case":214,"icon_asset_id":215},"Franchise operators","Structuring a revenue-based royalty arrangement with a sub-licensee or franchisee","persona-franchise-applicant",{"title":217,"use_case":218,"icon_asset_id":219},"Sports and entertainment agents","Formalizing talent revenue splits across merchandise, sponsorship, and media deals","persona-agent",[221,224,227,231,234,238,241],{"situation":222,"recommended_template":7,"slug":223},"Two businesses co-developing and selling a product together","revenue-sharing-agreement-D13477",{"situation":225,"recommended_template":43,"slug":226},"A company paying a percentage of net profits rather than gross revenue","profit-sharing-agreement-D13753",{"situation":228,"recommended_template":229,"slug":230},"Engaging an independent affiliate on a commission-per-sale basis","Affiliate Agreement","affiliate-purchase-agreement-D12818",{"situation":232,"recommended_template":84,"slug":233},"A formal business joint venture with shared equity and governance","joint-venture-agreement-D889",{"situation":235,"recommended_template":236,"slug":237},"Licensing intellectual property in exchange for ongoing royalties","Royalty Agreement","trademark-license-and-royalty-agreement-D970",{"situation":239,"recommended_template":130,"slug":240},"Distributing a software product through a reseller channel","reseller-agreement-D5202",{"situation":242,"recommended_template":243,"slug":244},"Splitting revenue from a co-authored work or creative collaboration","Co-Authorship Agreement","co-habitation-agreement-D12997",[246,249,252,255,258,261,264,267,270,273,276],{"term":247,"definition":248},"Gross Revenue","Total income received from sales before any deductions for returns, discounts, taxes, or operating costs.",{"term":250,"definition":251},"Net Revenue","Gross revenue minus defined deductions such as refunds, chargebacks, sales tax, and payment processing fees.",{"term":253,"definition":254},"Revenue Attribution","The process of assigning credit for a sale or transaction to the correct party or channel when multiple sources could claim involvement.",{"term":256,"definition":257},"Sharing Percentage","The contractually agreed fraction of revenue — expressed as a percentage — that each party receives from the defined revenue pool.",{"term":259,"definition":260},"Audit Rights","A party's contractual right to inspect the other party's books, records, and accounting systems to verify the accuracy of reported revenue figures.",{"term":262,"definition":263},"True-Up","A periodic reconciliation payment made when actual revenue figures, once audited or finalized, differ from the estimates used in prior distributions.",{"term":265,"definition":266},"Clawback","A provision requiring a party to return previously paid revenue-share amounts if revenue is later reversed due to refunds, fraud, or accounting errors.",{"term":268,"definition":269},"Minimum Guarantee","A floor payment one party must make to the other regardless of actual revenue generated, providing income certainty for the receiving party.",{"term":271,"definition":272},"Waterfall Distribution","A structured payment sequence in which revenue is distributed in a defined priority order — for example, costs reimbursed first, then preferred returns, then residual splits.",{"term":274,"definition":275},"Tiered Revenue Share","A structure in which the sharing percentage increases or decreases as cumulative revenue crosses defined thresholds — incentivizing higher performance.",{"term":277,"definition":278},"Holdback","A portion of revenue-share payments withheld temporarily by the paying party to cover anticipated refunds, chargebacks, or disputes before final settlement.",[280,285,290,295,300,305,310,315,320,325],{"name":281,"plain_english":282,"sample_language":283,"common_mistake":284},"Parties and recitals","Identifies both parties by their full legal names and entity types, and briefly states the commercial purpose of the agreement.","This Revenue Sharing Agreement ('Agreement') is entered into as of [DATE] by and between [PARTY A LEGAL NAME], a [STATE/COUNTRY] [ENTITY TYPE] ('Company'), and [PARTY B LEGAL NAME], a [STATE/COUNTRY] [ENTITY TYPE] ('Partner').","Using trade names or brand names instead of registered legal entity names — this creates ambiguity about which entity is bound and can complicate enforcement.",{"name":286,"plain_english":287,"sample_language":288,"common_mistake":289},"Revenue definition and calculation","Precisely defines what counts as 'revenue' for sharing purposes — gross or net, which products or channels are included, and which deductions are permitted before calculating each party's share.","'Shared Revenue' means gross receipts from sales of [PRODUCT / SERVICE / CHANNEL] less (a) sales tax collected, (b) documented refunds and chargebacks, and (c) payment processing fees not exceeding [X]% of gross receipts.","Defining revenue as 'gross revenue' without specifying permitted deductions — one party assumes refunds reduce the base while the other does not, generating disputes with every payment cycle.",{"name":291,"plain_english":292,"sample_language":293,"common_mistake":294},"Sharing percentage and formula","States each party's exact percentage entitlement, any tiered thresholds that change the split as revenue scales, and how the formula applies to each revenue category.","Company shall pay Partner [X]% of Shared Revenue per calendar month. Upon cumulative Shared Revenue exceeding $[THRESHOLD], the sharing percentage shall increase to [Y]% for all Shared Revenue above that threshold.","Using a single flat percentage without clarifying whether it applies to all revenue categories or only specific product lines, leading to under- or over-payment when multiple revenue streams exist.",{"name":296,"plain_english":297,"sample_language":298,"common_mistake":299},"Payment schedule and method","Sets out how often payments are made, the deadline after each period closes, the currency, and the accepted payment methods.","Company shall pay Partner's revenue share within [30] days following the end of each calendar month, accompanied by a written statement showing Shared Revenue and the calculation. Payments shall be made in [USD / GBP / EUR] by [ACH / wire transfer / check].","Failing to specify a payment deadline tied to a defined period-close date — 'promptly' and 'within a reasonable time' are routinely interpreted differently and invite late-payment disputes.",{"name":301,"plain_english":302,"sample_language":303,"common_mistake":304},"Reporting and record-keeping","Requires the paying party to provide regular revenue statements in a defined format and to maintain supporting records for a minimum period.","Company shall deliver to Partner a written revenue report no later than [15] days after each calendar month-end, itemizing gross receipts, permitted deductions, Shared Revenue, and the amount payable. Company shall retain supporting records for [5] years.","No reporting requirement at all — without contractual statements, the receiving party has no way to verify payments and cannot trigger audit rights effectively.",{"name":306,"plain_english":307,"sample_language":308,"common_mistake":309},"Audit rights","Grants the receiving party the right to inspect the paying party's books and records to verify revenue figures, and specifies the audit process, notice requirements, and cost allocation.","Partner may, upon [30] days' written notice, audit Company's books and records relevant to Shared Revenue no more than once per calendar year. If an audit reveals an underpayment exceeding [5]% of amounts due, Company shall bear the reasonable cost of the audit.","Granting unlimited audit frequency without notice requirements — this exposes the paying party to disruptive, repeated audits and can destroy the commercial relationship.",{"name":311,"plain_english":312,"sample_language":313,"common_mistake":314},"Term and termination","States the initial duration of the agreement, any automatic renewal terms, and the conditions and notice period under which either party may terminate — with or without cause.","This Agreement commences on [START DATE] and continues for [1 YEAR], renewing automatically for successive [1-YEAR] terms unless either party provides [60] days' written notice of non-renewal. Either party may terminate for material breach if the breach remains uncured for [30] days after written notice.","Auto-renewal clauses with notice periods shorter than the payment cycle — a party can become locked into another full year before realizing the renewal window has closed.",{"name":316,"plain_english":317,"sample_language":318,"common_mistake":319},"Intellectual property and confidentiality","Clarifies that each party retains ownership of its pre-existing IP, governs any jointly developed assets, and requires both parties to keep financial terms and proprietary data confidential.","Each party retains all rights in its pre-existing intellectual property. Neither party shall disclose the financial terms of this Agreement or the other party's Confidential Information to any third party without prior written consent, except as required by law.","No confidentiality clause in a revenue-sharing deal — sharing payment data and revenue figures without protection exposes sensitive commercial terms to competitors or the market.",{"name":321,"plain_english":322,"sample_language":323,"common_mistake":324},"Representations, warranties, and indemnification","Each party warrants it has authority to enter the agreement and that its contributions don't infringe third-party rights; the indemnification clause allocates liability for breaches of those warranties.","Each party represents that it has full authority to enter this Agreement and that its performance will not violate any applicable law or third-party agreement. Each party shall indemnify and hold harmless the other from claims arising from its own breach of these representations.","One-sided indemnification covering only the paying party's liability — if the revenue source infringes a third party's IP, both parties may face claims and the allocation of that risk should be explicit.",{"name":326,"plain_english":327,"sample_language":328,"common_mistake":329},"Governing law and dispute resolution","Specifies which jurisdiction's law governs the agreement and whether disputes go to arbitration, mediation, or litigation — and in which venue.","This Agreement is governed by the laws of [STATE / PROVINCE / COUNTRY], without regard to conflict-of-law principles. Any dispute shall first be submitted to non-binding mediation; if unresolved within [60] days, to binding arbitration administered by [AAA / JAMS / ICC] in [CITY].","Choosing a governing law with no connection to either party's location or the revenue-generating activity — courts in some jurisdictions will apply local law regardless, making the clause ineffective.",[331,336,341,346,351,356,361,366],{"step":332,"title":333,"description":334,"tip":335},1,"Identify both parties with their full legal names","Enter the registered legal entity name and entity type (LLC, Inc., Ltd.) for each party. Confirm the names match your corporate registry filings and any related agreements.","Cross-check the legal name against your bank account name — mismatches between the agreement and payment details delay disbursements.",{"step":337,"title":338,"description":339,"tip":340},2,"Define the revenue scope precisely","Specify exactly which products, services, channels, or territories generate 'Shared Revenue.' List permitted deductions — refunds, chargebacks, taxes, processing fees — and cap or define each one numerically.","If multiple product lines are involved, use a schedule attached to the agreement rather than embedding a long list in the body — it is easier to amend a schedule than to restate the main agreement.",{"step":342,"title":343,"description":344,"tip":345},3,"Set the sharing percentage and any tiered thresholds","State each party's percentage entitlement. If the split changes at revenue milestones, define each threshold and the corresponding percentage precisely. Confirm the percentages sum to 100% of the shared pool.","Model two or three revenue scenarios before signing to confirm both parties understand what the formula pays out at low, mid, and high performance levels.",{"step":347,"title":348,"description":349,"tip":350},4,"Establish the payment schedule and reporting format","Set a specific payment deadline (e.g., within 30 days of month-end) and require a written revenue statement with each payment showing gross receipts, deductions, shared revenue, and the amount due.","Monthly payment cycles work for most arrangements; quarterly cycles are acceptable for low-volume deals but increase the cash-flow risk for the receiving party.",{"step":352,"title":353,"description":354,"tip":355},5,"Draft the audit rights clause with a frequency cap","Grant the receiving party the right to audit no more than once per year, with 30 days' advance written notice. Specify that audit costs shift to the paying party if underpayment exceeds a defined threshold (typically 5%).","Agreeing on a standard accounting format for records upfront — a shared spreadsheet template or a specific accounting system export — reduces audit friction significantly.",{"step":357,"title":358,"description":359,"tip":360},6,"Set the term, renewal, and termination conditions","Define the initial term (typically 1–3 years), any auto-renewal mechanism, and the notice period required to terminate. Include a cure period of 15–30 days for material breaches before termination takes effect.","Align the termination notice period with your payment cycle — a 60-day notice period on a monthly payment cycle ensures at least one full reconciliation period before the agreement ends.",{"step":362,"title":363,"description":364,"tip":365},7,"Add the confidentiality and IP ownership terms","Confirm each party retains its pre-existing IP, address any jointly developed materials, and prohibit disclosure of revenue figures and payment terms to third parties without written consent.","If the arrangement involves sharing proprietary customer data or analytics, add a data processing addendum that complies with GDPR, CCPA, or the applicable privacy law.",{"step":367,"title":368,"description":369,"tip":370},8,"Select governing law and sign before revenue is generated","Choose the jurisdiction where disputes will be resolved, confirm both parties' designated signatories have authority to bind their entities, and execute before any revenue is generated under the deal.","Use timestamped e-signatures and retain the fully executed copy in a shared document vault — undated or unsigned agreements are among the most common enforcement failures in revenue-share disputes.",[372,376,380,384,388,392],{"mistake":373,"why_it_matters":374,"fix":375},"Ambiguous revenue definition","When 'revenue' is not precisely defined, one party calculates the base on gross receipts and the other deducts everything from processing fees to salaries — the resulting underpayment claims can exceed the value of the deal.","Write out gross receipts, then list each permitted deduction by name and, where possible, cap it as a percentage of gross. Attach a worked numerical example as a schedule.",{"mistake":377,"why_it_matters":378,"fix":379},"No reporting obligation on the paying party","Without a contractual duty to provide revenue statements, the receiving party has no mechanism to verify payments and cannot effectively exercise audit rights when discrepancies arise.","Require a written revenue statement with every payment showing gross receipts, each deduction, shared revenue, and the amount remitted — and tie audit rights to the content of those statements.",{"mistake":381,"why_it_matters":382,"fix":383},"Signing the agreement after revenue has already been generated","Revenue earned before execution may not be covered by the agreement's terms, creating a gap period where the parties have no contractual basis for the split — courts treat this as an implied or oral arrangement that is harder to enforce.","Execute the agreement before the revenue-generating activity begins. If the arrangement is already underway, include an explicit retroactive effective date clause with both parties' written acknowledgment.",{"mistake":385,"why_it_matters":386,"fix":387},"Omitting a clawback or holdback provision","Paying out revenue shares on gross receipts that are later reversed through refunds or chargebacks means the paying party absorbs the loss alone — or must pursue repayment with no contractual basis.","Include a holdback clause reserving a defined percentage (typically 5–10%) of each payment for 60–90 days to cover anticipated reversals, or a clawback clause requiring the receiving party to return over-distributed amounts on reconciliation.",{"mistake":389,"why_it_matters":390,"fix":391},"No termination clause for underperformance","An agreement with only a for-cause termination clause locks both parties into a deal that generates negligible revenue — with no exit until the fixed term expires.","Add a minimum revenue threshold clause: if Shared Revenue falls below $[X] in any consecutive [3]-month period, either party may terminate on [30] days' written notice without penalty.",{"mistake":393,"why_it_matters":394,"fix":395},"Flat percentage with no tiered incentive structure","A fixed split provides no performance incentive for the party driving revenue — the distributing partner has no contractual reason to prioritize this channel over others that pay the same flat rate.","Model a tiered structure where the receiving party's percentage increases at defined revenue milestones, aligning both parties' financial interests with growth.",[397,400,403,406,409,412,415,418,421],{"question":398,"answer":399},"What is a revenue sharing agreement?","A revenue sharing agreement is a contract between two or more parties that defines how income generated by a specific product, channel, or initiative is calculated and divided. It covers the revenue definition, each party's percentage entitlement, payment timing, reporting obligations, audit rights, and term. It is used in partnerships, affiliate arrangements, content licensing, reseller deals, and co-developed product launches.\n",{"question":401,"answer":402},"What is the difference between a revenue sharing agreement and a profit sharing agreement?","A revenue sharing agreement splits gross or net income before operating costs are deducted. A profit sharing agreement splits what remains after all agreed costs — salaries, overhead, marketing — have been subtracted. Revenue sharing is simpler to calculate and audit because it depends on fewer variables, but it means the paying party absorbs all operating costs before the split. Profit sharing is fairer when both parties contribute ongoing costs, but disputes over allowable deductions are more common.\n",{"question":404,"answer":405},"Is a revenue sharing agreement legally binding?","Yes — a revenue sharing agreement is generally enforceable as a contract when it is signed by authorized representatives of both parties, contains clear terms for the revenue definition and payment obligations, and is supported by consideration (each party giving something of value). As with any commercial contract, enforceability depends on the jurisdiction and whether the terms meet local contract-law requirements. Consider having a lawyer review the agreement before signing, particularly for high-value or cross-border arrangements.\n",{"question":407,"answer":408},"What should a revenue sharing agreement include?","At minimum: parties and their legal entity names, a precise definition of shared revenue with permitted deductions, the sharing percentage or formula, payment schedule and currency, reporting requirements, audit rights with notice and frequency limits, IP ownership and confidentiality terms, term and termination conditions including cure periods, and governing law. Missing the revenue definition or audit rights are the two omissions most likely to generate disputes.\n",{"question":410,"answer":411},"How is revenue sharing percentage typically calculated?","The percentage is negotiated based on each party's contribution — capital, technology, distribution reach, or customer relationships. Common structures include a flat split (e.g., 70/30), a tiered split that increases the receiving party's share as cumulative revenue crosses defined thresholds, or a sliding scale tied to performance metrics like conversion rate or customer lifetime value. There is no universal standard; the split should reflect the relative value each party provides to the deal.\n",{"question":413,"answer":414},"Can a revenue sharing agreement be terminated early?","Yes, if the agreement includes a termination clause — which it should. Most agreements permit termination for material breach after a defined cure period (typically 15–30 days), and may include a convenience termination right with advance notice (typically 30–90 days). Agreements without any termination provision can be difficult to exit before the fixed term expires, particularly if revenue underperforms. Always include a minimum-revenue threshold that triggers an exit right if the deal is not generating meaningful income.\n",{"question":416,"answer":417},"What are audit rights and why do they matter in a revenue sharing agreement?","Audit rights give the receiving party the contractual ability to inspect the paying party's books and records to verify that reported revenue figures are accurate. Without them, the receiving party must accept the paying party's statements at face value with no recourse if figures are understated. Best practice is to limit audits to once per year with 30 days' advance notice, and to shift the audit cost to the paying party if an underpayment exceeding 5% is confirmed.\n",{"question":419,"answer":420},"Does a revenue sharing agreement need to be notarized?","Notarization is not required for a revenue sharing agreement to be enforceable in most jurisdictions. A signed agreement between authorized representatives is typically sufficient. However, if the agreement forms part of a larger transaction involving real property or certain regulated industries, notarization or additional formalities may be required. Using timestamped e-signatures and retaining the executed copy in a secure document vault is sufficient for most commercial arrangements.\n",{"question":422,"answer":423},"What taxes apply to revenue sharing payments?","Tax treatment varies by jurisdiction and the nature of the arrangement. In the US, revenue share payments to domestic parties are typically reportable on Form 1099-MISC if they exceed $600 annually. Cross-border payments may be subject to withholding tax under bilateral tax treaties. In the UK and EU, VAT implications depend on whether the payment constitutes consideration for a supply of services. Both parties should confirm the applicable tax treatment with an accountant before the first payment is made.\n",[425,429,433,437],{"industry":426,"icon_asset_id":427,"specifics":428},"SaaS and technology","industry-saas","Channel-partner and reseller splits require careful delineation between platform fees, support costs, and net software revenue to avoid base-erosion disputes.",{"industry":430,"icon_asset_id":431,"specifics":432},"Media and publishing","industry-media","Ad revenue attribution across multiple platforms and content formats requires precise tracking methodologies and holdback provisions for delayed ad-network settlements.",{"industry":434,"icon_asset_id":435,"specifics":436},"Professional services","industry-professional-services","Referral fee arrangements between consulting firms must specify whether the split applies to the first contract only or to all subsequent work with the referred client.",{"industry":438,"icon_asset_id":439,"specifics":440},"Retail and e-commerce","industry-ecommerce","Marketplace and brand co-promotion deals require explicit rules for attributing multi-touch sales and handling return and chargeback deductions from the shared revenue base.",[442,445,448,451],{"vs":84,"vs_template_id":443,"summary":444},"joint-venture-agreement-D166","A joint venture agreement creates a shared legal entity or formal co-ownership structure with governance rights, shared liabilities, and equity participation. A revenue sharing agreement is a simpler contractual arrangement — each party remains legally independent, and the only shared element is a portion of defined income. Use a revenue sharing agreement when the parties want financial alignment without the complexity of shared governance.",{"vs":236,"vs_template_id":446,"summary":447},"royalty-agreement-D13474","A royalty agreement pays the IP owner a percentage of revenue generated by the licensee's use of that IP — typically tied to unit sales, subscriptions, or usage. A revenue sharing agreement covers broader commercial arrangements where both parties actively contribute to revenue generation and neither is simply licensing an asset. Use a royalty agreement when the arrangement is primarily IP-driven; use revenue sharing when both parties are operational contributors.",{"vs":229,"vs_template_id":449,"summary":450},"","An affiliate agreement pays a fixed commission per referred sale or lead, typically based on a tracking link or coupon code. A revenue sharing agreement covers ongoing proportional income from a defined pool — not per-transaction commissions. Revenue sharing is more appropriate for deep partnerships with shared revenue streams; affiliate agreements suit high-volume, transactional referral programs where per-sale tracking is operationally simpler.",{"vs":115,"vs_template_id":452,"summary":453},"partnership-agreement-D171","A partnership agreement governs the full relationship between business partners — capital contributions, management rights, liability allocation, dissolution, and profit distribution. A revenue sharing agreement is narrower: it covers only the income split from a specific product, channel, or initiative without creating a legal partnership or altering either party's ownership structure. Use a revenue sharing agreement when you need financial alignment on one project without the legal and governance implications of a formal partnership.",{"use_template":455,"template_plus_review":459,"custom_drafted":463},{"best_for":456,"cost":457,"time":458},"Standard domestic revenue-share arrangements between two parties with a straightforward percentage split and monthly payment cycle","Free","30–60 minutes",{"best_for":460,"cost":461,"time":462},"Deals involving tiered formulas, cross-border payments, multiple revenue streams, or parties in regulated industries","$400–$900","2–5 days",{"best_for":464,"cost":465,"time":466},"High-value arrangements with complex waterfall structures, equity-adjacent terms, or significant IP licensing components","$1,500–$5,000+","1–3 weeks",[468,473,478,483],{"code":469,"name":470,"flag_asset_id":471,"note":472},"us","United States","flag-us","Revenue sharing payments to US persons exceeding $600 annually are generally reportable on Form 1099-MISC. State-level revenue share arrangements — particularly in California — may intersect with franchise disclosure laws if the structure resembles a franchise relationship, triggering FTC and state FDD requirements. Non-compete clauses bundled into revenue sharing agreements are unenforceable in California and several other states.",{"code":474,"name":475,"flag_asset_id":476,"note":477},"ca","Canada","flag-ca","Cross-provincial revenue sharing arrangements should specify which province's law governs, as contract interpretation and limitation periods vary. Quebec civil law governs contracts executed under Quebec jurisdiction and differs from common-law provinces on interpretation of ambiguous terms. Revenue payments between Canadian and non-Canadian parties may attract Part XIII withholding tax under the Income Tax Act unless a bilateral tax treaty applies.",{"code":479,"name":480,"flag_asset_id":481,"note":482},"uk","United Kingdom","flag-uk","Revenue share payments between UK businesses are generally subject to VAT if they constitute consideration for a supply of services — both parties should confirm VAT treatment with an accountant before execution. Post-Brexit, arrangements involving EU-based revenue streams may require separate compliance with EU data-transfer and financial-services rules. Limitation periods for contract claims are six years in England and Wales under the Limitation Act 1980.",{"code":484,"name":485,"flag_asset_id":486,"note":487},"eu","European Union","flag-eu","If the revenue-generating activity involves processing personal data of EU residents, a data processing agreement compliant with GDPR Article 28 should accompany the revenue sharing agreement. Withholding tax rates on cross-border revenue payments vary significantly by member state; Germany, France, and Italy each have distinct treaty and domestic rates. Some EU jurisdictions — notably France and Germany — impose mandatory written disclosure requirements for commercial agency or distribution arrangements that closely resemble revenue sharing structures.",[233,237,489,240,490,491,492,493,494,495,496,497],"partnership-agreement-D12551","non-disclosure-agreement-nda-D12692","independent-contractor-agreement-D160","service-agreement-D12711","technology-licensing-agreement-D13434","affiliate-marketing-agreement-D12787","memorandum-of-understanding-D12548","letter-of-intent_acquisition-of-business-D5197","distribution-agreement-D12544",{"emit_how_to":188,"emit_defined_term":188},{"primary_folder":93,"secondary_folder":500,"document_type":501,"industry":502,"business_stage":503,"tags":504,"confidence":509},"partnerships-and-joint-ventures","agreement","general","all-stages",[505,506,501,507,508],"partnership","contract","revenue-sharing","payment-distribution",0.95,"\u003Ch2>What is a Revenue Sharing Agreement?\u003C/h2>\n\u003Cp>A \u003Cstrong>Revenue Sharing Agreement\u003C/strong> is a legally binding contract between two or more parties that defines how income generated by a specific product, channel, or joint initiative is calculated, attributed, and distributed. It establishes the precise definition of &quot;shared revenue&quot; — including which deductions are permitted before the split is applied — each party's percentage entitlement, the payment schedule, reporting obligations, and audit rights. Unlike a profit sharing arrangement, which splits what remains after costs are deducted, a revenue sharing agreement typically operates on gross or defined net receipts, making the calculation more transparent and easier to verify. The agreement functions as the financial backbone of partnerships, affiliate programs, content licensing deals, reseller arrangements, and co-developed product launches wherever two parties have agreed to share a common income stream.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a written revenue sharing agreement, the single most important question in any commercial partnership — how much each party gets paid and on what basis — exists only as an informal understanding that both sides will interpret differently the moment real money is on the table. Ambiguity about what counts as &quot;revenue,&quot; which deductions are permitted, and when payment is due is the leading cause of partnership disputes in co-selling and licensing arrangements. A receiving party with no contractual audit rights has no mechanism to challenge understated figures; a paying party with no reporting obligation has no documented basis for the amounts it has remitted. Beyond payment disputes, the absence of a formal agreement leaves IP ownership, confidentiality of financial terms, and exit rights entirely unaddressed — creating exposure that compounds as the commercial relationship grows. This template gives both parties a single, enforceable document that closes each of those gaps before the first dollar changes hands.\u003C/p>\n",1779808934234]