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Revenue Sharing Contract
1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, business relationship, and purpose of the revenue sharing arrangement
3. Definitions: Detailed definitions of key terms, especially 'Revenue', 'Gross Revenue', 'Net Revenue', and other financial terms used in the agreement
4. Revenue Sharing Structure: Core terms defining the revenue sharing percentages, calculation basis, and any thresholds or tiers
5. Calculation and Payment Terms: Detailed procedures for calculating shared revenue, payment frequency, currency, and payment methods
6. Reporting Requirements: Specifications for financial reporting, including frequency, format, and required documentation
7. Audit Rights: Procedures and rights for auditing revenue calculations and supporting documentation
8. Confidentiality: Provisions protecting confidential information shared during the course of the agreement
9. Term and Termination: Duration of the agreement and conditions for termination
10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for dispute resolution
1. Intellectual Property Rights: Required when the revenue sharing involves licensed IP or joint development of intellectual property
2. Marketing and Promotion: Needed when parties have specific obligations regarding marketing of the revenue-generating activities
3. Exclusivity: Include when parties agree to exclusive revenue sharing arrangements in specific markets or territories
4. Minimum Performance Requirements: Required when setting minimum revenue targets or performance metrics
5. Data Protection: Include when personal data processing is involved in the revenue-generating activities
6. Force Majeure: Optional clause for circumstances preventing revenue generation beyond parties' control
7. Assignment and Subcontracting: Include when parties need flexibility to transfer rights or engage subcontractors
8. Insurance Requirements: Needed when specific insurance coverage is required for the revenue-generating activities
1. Revenue Calculation Methodology: Detailed formula and examples of revenue calculations, including specific inclusions and exclusions
2. Reporting Template: Standard format for regular revenue reports and supporting documentation
3. Product or Service Description: Detailed description of products or services covered by the revenue sharing arrangement
4. Territory Definition: Geographic or market scope of the revenue sharing arrangement
5. Key Performance Indicators: Metrics and targets for measuring performance under the agreement
6. Banking and Payment Details: Specific account and payment processing information for revenue sharing payments
7. Audit Procedures: Detailed procedures and requirements for conducting revenue audits
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