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Revenue Sharing Contract
"I need a Revenue Sharing Contract for my Singapore-based software company to split app store revenue with our development partner, with a 70-30 split in our favor and monthly reporting requirements starting from March 2025."
1. Parties: Identification and details of all parties to the revenue sharing agreement
2. Background: Context of the agreement and business relationship between parties
3. Definitions: Key terms used throughout the agreement, including definition of 'Revenue'
4. Revenue Sharing Terms: Core terms including revenue split percentages, calculation methodology
5. Payment Terms: Payment frequency, method, currency, and timing requirements
6. Reporting and Audit Rights: Requirements for financial reporting and right to audit
7. Term and Termination: Duration of agreement and termination provisions
8. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: IP ownership and licensing terms when IP is involved in revenue generation
2. Non-Competition: Restrictions on competitive activities when protecting market position is crucial
3. International Payments: Currency conversion and international transfer terms when parties are in different jurisdictions
4. Force Majeure: Provisions for unforeseen circumstances when long-term commitment is involved
1. Revenue Calculation Schedule: Detailed methodology for revenue calculations and examples
2. Reporting Template: Standard format for regular revenue reports
3. Product/Service Schedule: List of products/services covered by the agreement
4. Bank Account Details: Payment account information for all parties
5. Key Performance Indicators: Metrics used to measure performance if applicable
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