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Revenue Share Agreement Template for Singapore

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Key Requirements PROMPT example:

Revenue Share Agreement

"I need a Revenue Share Agreement for a mobile app marketplace where we'll take 30% of all app sales revenue from developers, with quarterly payments and detailed reporting requirements, to be effective from March 2025."

Document background
Revenue Share Agreements are essential documents for businesses seeking to formalize profit-sharing arrangements in Singapore. These agreements are particularly relevant when multiple parties contribute to a revenue-generating venture and need to establish clear terms for dividing the proceeds. A Revenue Share Agreement typically includes detailed provisions for revenue calculation, payment schedules, reporting requirements, and audit rights, all structured within Singapore's legal framework. This document is crucial for maintaining transparency and preventing disputes in business relationships where revenue sharing is a key component.
Suggested Sections

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

2. Background: Context and purpose of the revenue sharing arrangement

3. Definitions: Key terms used throughout the agreement

4. Revenue Share Structure: Detailed breakdown of revenue sharing percentages and calculation methods

5. Payment Terms: Timeline, method, and currency of payments

6. Reporting and Audit Rights: Requirements for financial reporting and audit provisions

7. Term and Termination: Duration of agreement and termination conditions

Optional Sections

1. Intellectual Property Rights: Required when revenue sharing involves IP or content. Covers ownership, licensing, and usage rights of intellectual property

2. Territory Restrictions: Used when agreement is limited to specific geographical regions. Defines territorial scope and limitations

3. Minimum Performance Requirements: Applicable when specific performance targets are required. Details minimum revenue or performance thresholds

Suggested Schedules

1. Revenue Calculation Methodology: Detailed explanation of how revenue is calculated and shared, including formulas and examples

2. Product/Service Schedule: Comprehensive list of products or services covered by the revenue sharing agreement

3. Financial Reporting Template: Standard format for regular financial reporting and revenue declarations

4. Bank Account Details: Payment account information for all parties involved in the revenue sharing arrangement

Authors

Alex Denne

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

Relevant legal definitions

























Clauses

























Industries

Contract Law (Chapter 53): Primary legislation governing contract formation, validity, and enforcement in Singapore, including principles of offer, acceptance, and consideration

Civil Law Act (Chapter 43): Fundamental legislation governing civil matters and contractual relationships in Singapore

Companies Act (Chapter 50): Regulates company operations and corporate agreements when parties are registered companies in Singapore

Income Tax Act (Chapter 134): Governs taxation of revenue and income, crucial for revenue sharing arrangements and profit distribution

Goods and Services Tax Act (Chapter 117A): Regulates GST implications on revenue sharing and business transactions

Securities and Futures Act (Chapter 289): Relevant if revenue sharing involves financial instruments or securities

Currency Act (Chapter 69): Governs currency usage and monetary aspects of financial agreements in Singapore

Competition Act (Chapter 50B): Ensures revenue sharing agreements don't create anti-competitive effects in the market

Copyright Act (Chapter 63): Protects intellectual property rights in revenue sharing agreements involving copyrighted materials

Trade Marks Act (Chapter 332): Relevant for revenue sharing agreements involving trademark usage or licensing

Patents Act (Chapter 221): Applicable when revenue sharing involves patented technologies or innovations

Electronic Transactions Act: Governs electronic execution and validity of digital agreements and signatures

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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