Royalty Agreement Template – Australia

The Royalty Agreement Template – Australia comes in multiple formats, including PDF, Word, and Google Docs. These formats are both customizable and print-ready, ensuring you have the flexibility you need.


Sample

Royalty Agreement Template – Australia

Editable | Printable



1. Parties Involved



2. Purpose of the Agreement

3. Description of Intellectual Property

4. Royalty Payment Terms

5. Reporting Obligations

6. Duration of Agreement

7. Termination Conditions

8. Confidentiality Obligations

9. Dispute Resolution

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Royalty Agreement Template – Australia (1)
Between:
[Royalty Recipient’s Name]
[Royalty Recipient’s ID]
[Royalty Recipient’s Address]
[Royalty Recipient’s Phone]
[Royalty Recipient’s Email]
And:
[Business Name]
[Business ID]
[Business Address]
[Business Phone]
[Business Email]
Introduction:
This Royalty Agreement (“Agreement”) outlines the terms under which [Royalty Recipient’s Name] grants [Business Name] the rights to use and distribute [specific content/product] in exchange for royalty payments, effective from [Start Date].
Clause 1: Grant of Rights
The Royalty Recipient grants [Business Name] the right to use, reproduce, and distribute [specific content/product] throughout the territory of Australia for the duration of this Agreement.
Clause 2: Royalties
The Business agrees to pay the Royalty Recipient [percentage]% of the net revenue generated from the sales of [specific content/product]. Payments will be made on a quarterly basis.
Clause 3: Reporting
The Business shall provide a detailed report of sales and royalties payable to the Royalty Recipient within [number] days following the end of each quarter.
Clause 4: Duration
This Agreement shall commence on [Start Date] and shall remain in effect for a period of [number] years, unless terminated earlier in accordance with Clause 5.
Clause 5: Termination
Either party may terminate this Agreement with [Notice Period] written notice if there is a breach of terms or failure to comply with obligations.
Clause 6: Ownership and Intellectual Property
The Royalty Recipient retains ownership of all intellectual property rights associated with [specific content/product]. The Business shall not claim any rights to the intellectual property beyond what is granted in this Agreement.
Clause 7: Governing Law
This Agreement shall be governed by the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Royalty Recipient’s Signature]
[Royalty Recipient’s Name]
[Business’s Signature]
[Business’s Name]
Royalty Agreement Template – Australia (2)
Between:
[Royalty Recipient’s Name]
[Royalty Recipient’s ID]
[Royalty Recipient’s Address]
[Royalty Recipient’s Phone]
[Royalty Recipient’s Email]
And:
[Business Name]
[Business ID]
[Business Address]
[Business Phone]
[Business Email]
Introduction:
This Royalty Agreement details the arrangements between [Royalty Recipient’s Name] and [Business Name] for the leasing of rights to [specific content/product] for a specified duration.
Clause 1: Scope of License
The Royalty Recipient grants [Business Name] a non-exclusive license to utilize [specific content/product] throughout Australia in accordance with the terms of this Agreement.
Clause 2: Royalty Fees
The Business shall pay royalties at a rate of [percentage]% of gross sales derived from the use of [specific content/product]. Payments will be due every month.
Clause 3: Audit Rights
The Royalty Recipient shall have the right to audit the Business’s sales records to verify royalty payments, with a notice period of [number] days prior to the audit.
Clause 4: Agreement Termination
This Agreement may be terminated if either party breaches the terms and does not remedy the breach within [Notice Period] after receiving written notice.
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of the terms of this Agreement and any proprietary information exchanged.
Clause 6: Liability Limitations
Neither party shall be liable for any indirect, incidental, or consequential damages arising out of this Agreement.
Clause 7: Governing Law
This Agreement shall be construed in accordance with the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Royalty Recipient’s Signature]
[Royalty Recipient’s Name]
[Business’s Signature]
[Business’s Name]

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Royalty Agreement Template - Australia