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Royalties agreement  

Doc Ref. EN-CMfr05
Royalties agreement
 
   With Free Guidance Notes
   Drawn by:  Net Lawman
  Format available: word-small
   Word count:  3200
    

Standard royalties agreement for the payment of an ongoing royalty fee by the manufacturer, to the producer of the work.

 
Price: £29.00
Plus VAT £5.80
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About this document
This is a royalties agreement between an ‘artist’ (who has designed or who has agreed to design a product) and a manufacturer who will manufacture (and market) the product under its name, in return for which, the artist will be paid a royalty per product sold.
The agreement governs the terms upon which the artist will receive payment for his work.
 
Application and features
Suitable to agree royalties for any product;
Written in plain English;
Explanatory notes to guide you.
 
Contents
Background;
Delivery of the product to the manufacturer;
Grant of licence;
Payments (including royalty exceptions and advance payments);
Artist’s warranties;
Indemnities;
Modification and rejection of the work;
How the manufacturing process will be controlled;
Breach of contract by manufacturer;
Infringement of intellectual property rights;
Confidentiality;
Term, termination and the effects of termination;
Schedule 1: the work;
Schedule 2: payments;
Other usual legal provisions to protect your interests.
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.

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