Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Product Royalty Agreement
"I need a Product Royalty Agreement for licensing our new gaming software to manufacturers in Europe, with a 5% royalty rate and quarterly reporting requirements, starting from March 2025."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Scope of royalty rights being granted
5. Calculation of Royalties: Method and basis for calculating royalty payments
6. Payment Terms: Timing and method of royalty payments
7. Reporting Requirements: Sales reporting and audit rights
8. Term and Termination: Duration and termination provisions
1. Minimum Guarantees: Minimum royalty payments required - use when licensor requires revenue certainty
2. Territory Restrictions: Geographical limitations on rights - use when rights are territory-specific
3. Quality Control: Product quality requirements - use for branded or technical products
1. Products Schedule: List of products subject to royalty payments
2. Royalty Rates Schedule: Detailed breakdown of applicable royalty rates
3. Reporting Template: Standard format for sales reporting
4. Quality Standards: Detailed product specifications and standards
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.