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Revenue Share Agreement for United Arab Emirates

Revenue Share Agreement Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that establishes the terms and conditions for sharing revenue between two or more parties. This document outlines the methodology for calculating revenue shares, payment terms, reporting requirements, and audit rights while ensuring compliance with UAE federal and emirate-level commercial regulations. It includes specific provisions for dispute resolution under UAE jurisdiction and incorporates necessary compliance requirements for financial transactions in the UAE market.

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What is a Revenue Share Agreement?

The Revenue Share Agreement is essential for businesses operating in the UAE who wish to formalize arrangements where income or profits are shared between multiple parties. This document is commonly used in various commercial contexts, from technology partnerships to retail collaborations, and must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Code). The agreement typically includes detailed mechanisms for revenue calculation, payment procedures, audit rights, and dispute resolution methods specific to UAE jurisdiction. It's particularly relevant for digital platforms, franchise operations, and joint ventures where ongoing revenue sharing is a key component of the business relationship.

What sections should be included in a Revenue Share Agreement?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the agreement and business relationship between the parties

3. Definitions: Defined terms used throughout the agreement

4. Scope of Agreement: Clear outline of the business arrangement and activities covered

5. Revenue Share Structure: Definition of revenue sharing percentages and calculation methodology

6. Payment Terms: Payment frequency, method, currency, and settlement procedures

7. Reporting and Audit Rights: Requirements for financial reporting and right to audit revenue calculations

8. Representations and Warranties: Standard assurances from each party about their capacity and authority

9. Term and Termination: Duration of agreement and circumstances for termination

10. Confidentiality: Protection of sensitive business information

11. Dispute Resolution: Process for resolving disagreements, including jurisdiction and governing law

12. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

What sections are optional to include in a Revenue Share Agreement?

1. Intellectual Property Rights: Required when revenue sharing involves IP exploitation or licensing

2. Exclusivity: Include when parties agree to exclusive revenue sharing arrangements

3. Minimum Guaranteed Revenue: Include when there's a guaranteed minimum payment obligation

4. Marketing and Promotion: Include when parties have specific marketing obligations affecting revenue generation

5. Force Majeure: Include for protection against unforeseen circumstances affecting revenue generation

6. Anti-corruption and Compliance: Include for high-value or regulated industry agreements

7. Data Protection: Include when revenue sharing involves personal data processing

What schedules should be included in a Revenue Share Agreement?

1. Revenue Calculation Methodology: Detailed explanation of revenue calculations, including examples

2. Excluded Revenue: List of revenue streams excluded from sharing arrangement

3. Reporting Template: Standard format for periodic revenue reports

4. Key Performance Indicators: Metrics for measuring performance and revenue targets

5. Bank Account Details: Payment account information for all parties

6. Audit Procedures: Detailed procedures for conducting revenue audits

7. Service Level Agreement: Performance standards affecting revenue generation, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
























Clauses




























Relevant Industries

E-commerce

Technology

Media and Entertainment

Retail

Financial Services

Software and Applications

Digital Marketing

Gaming

Professional Services

Real Estate

Hospitality

Healthcare

Education Technology

Telecommunications

Relevant Teams

Legal

Finance

Commercial

Business Development

Operations

Compliance

Sales

Partnerships

Strategic Planning

Revenue Management

Contract Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Commercial Director

Business Development Manager

Legal Counsel

Finance Manager

Operations Director

Partnership Manager

Revenue Manager

Compliance Officer

Contract Manager

Account Executive

Sales Director

Strategic Alliance Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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