Royalties Contract Template – US

Disclaimer

The content provided is intended solely as a general example related to agreements regarding intellectual property rights and payments. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in contract or intellectual property law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

Please note: This presented Royalties Contract US is a sample template intended for illustrative purposes only. Actual contractual terms can differ based on specific arrangements and legal requirements.

Royalties Contract US Sample Template

Parties Involved:

Licensor: XYZ Creative Works LLC
Address: 123 Art Lane, New York, NY 10001

Licensee: ABC Publishing Inc.
Address: 456 Book Rd., Los Angeles, CA 90001

Work Description:

This agreement pertains to the licensing of [Specify Work, e.g., musical compositions, literary works], identified as [Work Title], for commercial use, distribution, and reproduction as specified herein.

Royalties Terms:

The licensee agrees to pay the licensor a royalty fee of [e.g., 10%] of gross revenue derived from the authorized use of the work, payable quarterly upon receipt of royalty reports.

Parties’ Responsibilities:

The licensor shall ensure the work is authorized for licensing and provide any necessary materials or rights. The licensee shall diligently promote and distribute the work in accordance with the terms of this agreement.

Governing Law:

This contract shall be governed by the laws of the State of New York. Disputes shall be settled within New York courts.

Additional Provisions:

• Both parties agree to keep all confidential information protected.
• Any modifications to this agreement must be in writing and signed by both parties.
• Royalties are not payable for periods before the effective date of this agreement.

New York, ______________________