Revenue Sharing Agreement: Definition, Terms, Example
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Quick Facts — Revenue Sharing Agreement Lawyers
- Avg cost to draft a Revenue Sharing Agreement: $730.00
- Avg cost to review a Revenue Sharing Agreement: $320.00
- Lawyers available: 87 business lawyers
- Clients helped: 90 recent revenue sharing agreement projects
- Avg lawyer rating: 5.0 (6 reviews)
What is a Revenue Sharing Agreement?
A revenue sharing agreement is a legal document between two parties where one party has to pay a percentage of profits or revenues received to the other for the rights to use something. This contract allows a company to share in the profits from a product or service that is directly linked to the company's core business.
For example, a music producer may sign an agreement with a record company where the producer will pay 25% of all revenue received from CD sales to the record company, who has rights to the sound recordings. In this case, revenue sharing is used as a means for the record company to recoup costs on developing and promoting the artist.
Common Sections in Revenue Sharing Agreements
Below is a list of common sections included in Revenue Sharing Agreements. These sections are linked to the below sample agreement for you to explore.
Revenue Sharing Agreement Sample
| STEM CELL PRESERVATION TECHNOLOGIES, INC. | ||
| By: |
/s/ RONALD B. RICHARD | |
| Name: Ronald B. Richard | ||
| CRYO-CELL INTERNATIONAL, INC. | ||
| By: |
/s/ JOHN V. HARGISS | |
| Name: John V. Hargiss | ||
Reference:
Security Exchange Commission - Edgar Database, EX-10.21 3 dex1021.htm REVENUE SHARING, Viewed October 6, 2021, View Source on SEC.
Who Helps With Revenue Sharing Agreements?
Lawyers with backgrounds working on revenue sharing agreements work with clients to help. Do you need help with a revenue sharing agreement?
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Meet some of our Revenue Sharing Agreement Lawyers
Garrett M.
Attorney Garrett Mayleben's practice is focused on representing small businesses and the working people that make them profitable. He represents companies in structuring and negotiating merger, acquisition, and real estate transactions; guides emerging companies through the startup phase; and consults with business owners on corporate governance matters. Garrett also practices in employment law, copyright and trademark law, and civil litigation. Though industry agnostic, Garrett has particular experience representing medical, dental, veterinary, and chiropractic practices in various business transactions, transitions, and the structuring of related management service organizations (MSOs).
"Though I found a few small mistakes that made me think he rushed a bit, he revised the agreement to be more in my favor. His expertise was well worth it."
Christopher R.
Corporate and transactional attorney in sixth year of practice. Focus areas include general corporate counsel, labor and employment law, business partnership matters, securities matters related to privately-held companies, and regulatory compliance in securities and finance matters.
"Christopher has been incredibly helpful with our ongoing project!"
Michael M.
www.linkedin/in/michaelbmiller I am an experienced contracts professional having practiced nearly 3 decades in the areas of corporate, mergers and acquisitions, technology, start-up, intellectual property, real estate, employment law as well as informal dispute resolution. I enjoy providing a cost effective, high quality, timely solution with patience and empathy regarding client needs. I graduated from NYU Law School and attended Rutgers College and the London School of Economics as an undergraduate. I have worked at top Wall Street firms, top regional firms and have long term experience in my own practice. I would welcome the opportunity to be of service to you as a trusted fiduciary. In 2022 and 2023, I was the top ranked attorney on the Contract Counsel site based upon number of clients, quality of work and number of 5 Star reviews.
"Michael's expertise and judgment impressed me. I brought him in for contract advisory work, and he quickly asked the questions I hadn't considered, identified the risks that mattered, and set aside the ones I had wrongly prioritized. He changed how I understood the contract. He is an excellent advisor - highly recommended."
Karen S.
I'm an attorney available to help individuals and small businesses in Georgia with initial business set-up, required filings, tax strategies, etc. I'm also available to draft, review, and negotiate contracts of many types, both personal and professional. I can draft and file real estate quit claims as well. My legal and business experience and expertise includes small business startups, information technology, technology innovation, real estate transactions, taxes, intellectual property, electrical engineering, the business of video game development, business requirements definition, technology consulting, technology companies, liability waivers and reduction strategies, and the electric utility industry. I work part-time for a local law firm and part-time in my solo practice. I'm also an adjunct professor teaching business law. In addition, I'm part owner, legal counsel to, and a board member of a virtual reality video game development company. I am a member of the Georgia Bar Association. Please reach out if you need attorney, documentation or consulting help in any of those areas!
"Karen is amazing!! She is so approachable and gives great, practical guidance."
Ivan B.
I grew up in Beaumont, Texas. I attended Baylor University for college and the The University of Texas School of Law for law school. I gained extensive experience in many areas of transactional law through my former position as corporate counsel at National Western Life Insurance Company and my current position as an Associate at Nance & Simpson, LLP.
"Ivan is an excellent attorney, very meticulous, thorough, and incredibly fast. He pays close attention to every detail and makes sure everything is done right. I really appreciate his efficiency and professionalism. Highly recommend."
Lolitha M.
Small firm offering business consultation and contract review services.
"Did great. She was responsive even after hours, will use again!!!"
October 26, 2021
Steve C.
I am a corporate and business attorney in Orange County, CA. I advise start-ups, early-growth companies, investors, and entrepreneurs in various sectors and industries including technology, entertainment, digital media, healthcare, and biomedical.
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"Will work with Igor again given communication and quality of work."
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"Chris did a great job, very responsive, great guidance."
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"Thank you for the work Zachary. Exactly what I was looking for at a great price with an incredible turnaround time!"
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"Had a great experience working with Darryl. He was thoughtful, direct, responsive, and most importantly able to quickly understand a complex business and regulatory structure without overcomplicating things. Really appreciated his practical approach and ability to explain things clearly. Highly recommend."
Securities
Revenue Sharing Agreement
California
How do you fund a restaurant?
I am looking for an attorney who can help me put together restaurant business proposal to funding to expand my restaurant branch.
Russell M.
There is not a lot of detail here so I am going to assume you are not asking about how to get a small business loan, or you aren't interested or able to get SBA financing for what ever reason. If you have a successful restaurant concept, you might want to look into Regulation CF crowdfunding. I am aware of a number of food and beverage businesses that have leveraged their existing loyal and enthusiastic customer bases and a well executed financial and PR campaign to fund expansion sites.
Business Plan
Revenue Sharing Agreement
New York
Need advice on Revenue Sharing Agreement.
I am currently in negotiations with a potential business partner to enter into a revenue sharing agreement for a new venture we are planning to launch together, and I would like to seek legal advice to understand the potential risks, liabilities, and protections associated with such an agreement, as well as ensure that the terms and conditions are fair and reasonable for both parties involved.
Damien B.
You can consult an attorney to review your terms, conditions, and goals. Generally, having a separate legal entity is best to help protect against liability. You would determine the business structure, such as a limited liability company or a subchapter S corporation. In those cases, you would have either an Operating Agreement or a Shareholders Agreement that outlines reasonable terms and conditions for both parties.
Business
Revenue Sharing Agreement
New York
Can you explain the key provisions and legal considerations of a revenue sharing agreement?
I am currently in discussions with a potential business partner to establish a revenue sharing agreement for a new online platform we are developing together. While I have a basic understanding of revenue sharing agreements, I am unsure about the specific provisions and legal considerations that need to be included in the agreement to protect both parties' interests. I want to ensure that the agreement clearly outlines how revenue will be shared, what expenses will be deducted, and how disputes will be resolved, among other key provisions. I would greatly appreciate your guidance in understanding the legal aspects of revenue sharing agreements and any potential pitfalls that I should be aware of before finalizing the agreement with my business partner.
Damien B.
Hello! My name is Damien Bosco, Esq. My law office is located in Long Island City across from Manhattan. Some key provisions in a revenue-sharing agreement would be the following: - Purpose and Scope - Revenue Sharing Terms - Expense Deductions - Responsibilities of Each Party - Audit Rights - Dispute Resolution - Confidentiality and Non-Compete - Termination and Exit Strategy - Liability and Indemnification - Choice of Law Clearly distinguish between revenue-sharing arrangements and equity stakes, as they have different legal and tax implications. Also, address ownership of any intellectual property developed during the partnership, which can become a significant source of disputes. Feel free to reach out if you want a consultation or help drafting the agreement.
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Product Sales Commission Agreement
Location: Maryland
Turnaround: A week
Service: Contract Review
Doc Type: Revenue Sharing Agreement
Page Count: 15
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Bid Range: $1 - $1,275
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