Royalty statement template

The Grantor hereby represents they are the owner of the property listed and have all the needed rights to enter into this royalty agreement as well as grant the appropriate licenses to the Grantee.

Upon signing this royalty agreement, the Grantor agrees to deliver any and all needed documents for the property to the Grantee for the term agreed. In the instance of a breach of this agreement, the Grantor agrees to hold the Grantee harmless of any loss, damages, or injuries that may incur.

The Grantee agrees that, during the term of this agreement, all property included will be held in confidence and with the same regard as the Grantee would hold personal proprietary information. The Grantee has offered to pay the following royalties for the permission and use of the listed properties:. The Grantee agrees to track all proceeds and products as well as provide the Grantor with a summary of all the above items on a monthly basis, inclusive of any royalty totals due for the month.

The Grantor shall, once per year, be permitted to conduct an unannounced audit of all royalties owed as well as all inventory. This audit will be at the expense of the Grantor unless fault is found during. In the instance of a breach or fault found, the Grantee will become responsible for the fees and costs associated with the audit. The Grantee understands they may become aware of information that, if made public, could have a negative impact on the Grantor.

Under this understanding, the Grantee agrees to keep all information made available to themselves or anyone who represents them confidential. The income statement demonstrates revenue earned the top line from the sales of goods and services before expenses are removed, is transformed into the web earnings bottom line , the end result after revenue and expenditures are accounted for.

The earnings statement records whether the company made a profit or not through a documented time period. The balance sheet is composed of 3 components: assets, liabilities, and ownership equity or net worth, with resources in 1 segment and liabilities and net worth in the other, with the 2 sections balancing. Rating: 4. Start by clicking on "Fill out the template".

Your document is ready! You will receive it in Word and PDF formats. You will be able to modify it. A Royalty Agreement is a document used by a person, known as the Grantor, who owns the property interest in intellectual property, such as copyrighted works or patented inventions, to give permission to someone, known as the Grantee who would like to use the property to make a profit.

A royalty is compensation that the Grantor receives from the Grantee in return for the use of their property. The royalty could be an amount per unit sold, a percentage of the profits generated by the Grantee's use of the property, a lump sum paid upfront, or some combination of all three of these options.

Authors, songwriters, writers, composers, inventors, and other individuals who make intellectual property and creative works usually own the rights over their work through copyrights or trademarks. Many times, these intellectual property owners turn to businesses to market their property. Royalty Statements. The Licensees shall provide Shengqu with a statement within ten 10 Business Days of the end of each calendar month during the Term of this Agreement.

Sample 1. Sample 2. Sample 3.