tiktok³ÉÈË°æ

All Countries
IP
Royalty Fee Agreement

Royalty Fee Agreement Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Royalty Fee Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Royalty Fee Agreement

"I need a Royalty Fee Agreement for licensing our software patents to a Hong Kong-based technology company, with quarterly payments of 5% of net sales and a minimum annual guarantee of HKD 500,000, starting March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Royalty Fee Agreement is essential for businesses operating in Hong Kong that wish to monetize their intellectual property assets or utilize third-party intellectual property rights. This document is typically used when one party (the licensor) grants another party (the licensee) the right to use specific intellectual property in exchange for royalty payments. The agreement must comply with Hong Kong's legal framework, including the Copyright Ordinance, Patents Ordinance, Trade Marks Ordinance, and relevant tax regulations. It should address key elements such as royalty calculation methods, payment terms, minimum guarantees, audit rights, quality control measures, and termination provisions. The document is particularly important in industries where IP licensing is common, such as technology, entertainment, manufacturing, and pharmaceuticals.
Suggested Sections

1. Parties: Identifies and provides full details of all parties to the agreement

2. Background: Explains the context of the agreement and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement

4. Grant of Rights: Specifies the intellectual property rights being licensed and scope of use

5. Calculation of Royalties: Details the royalty rates, calculation methods, and basis for payments

6. Payment Terms: Specifies payment frequency, method, currency, and payment procedures

7. Reporting and Audit Rights: Outlines requirements for sales reporting and licensor's audit rights

8. Quality Control: Standards for maintaining quality in the use of licensed IP

9. Intellectual Property Protection: Provisions for protecting and maintaining the licensed IP rights

10. Term and Termination: Duration of agreement and circumstances for termination

11. Confidentiality: Obligations regarding confidential information

12. Warranties and Representations: Parties' assurances regarding their rights and capabilities

13. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Minimum Guaranteed Royalties: Include when there's a requirement for minimum royalty payments regardless of actual sales

2. Sub-licensing Rights: Include when licensee is permitted to sub-license the IP rights to third parties

3. Territory Restrictions: Include when the license is limited to specific geographic regions

4. Marketing and Promotion: Include when there are specific requirements for marketing the licensed products

5. Development Obligations: Include for agreements involving ongoing product development or improvements

6. Competition Compliance: Include when there are specific competition law concerns to address

7. Tax Provisions: Include when specific tax arrangements or withholding tax provisions are needed

8. Insurance Requirements: Include when specific insurance coverage is required for the licensed activities

Suggested Schedules

1. Schedule 1 - Licensed Intellectual Property: Detailed description of all IP being licensed including registration numbers

2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates for different products or territories

3. Schedule 3 - Calculation Examples: Examples of royalty calculations for different scenarios

4. Schedule 4 - Reporting Template: Template for regular sales and royalty reports

5. Schedule 5 - Quality Control Standards: Detailed quality control requirements and procedures

6. Schedule 6 - Approved Product Categories: List of approved products or services for which the IP can be used

7. Appendix A - Brand Guidelines: Guidelines for proper use of trademarks or branding

8. Appendix B - Technical Specifications: Technical requirements for implementation of licensed technology

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































Clauses






































Relevant Industries

Technology

Entertainment

Media

Manufacturing

Pharmaceuticals

Consumer Goods

Software Development

Publishing

Fashion and Luxury

Biotechnology

Telecommunications

Gaming

Music Industry

Film Industry

Research and Development

Relevant Teams

Legal

Finance

Intellectual Property

Commercial

Business Development

Licensing

Compliance

Accounting

Research and Development

Operations

Relevant Roles

Legal Counsel

Intellectual Property Manager

Commercial Director

Chief Financial Officer

Licensing Manager

Business Development Manager

Contract Administrator

Royalty Accounting Manager

Compliance Officer

IP Rights Manager

Finance Director

General Counsel

Commercial Contracts Manager

Chief Legal Officer

Technology Transfer Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

License And Agreement

A Hong Kong law-governed agreement establishing terms for intellectual property or technology licensing between parties.

find out more

Royalty Non Exclusive License

A Hong Kong law-governed agreement granting non-exclusive rights to use intellectual property in exchange for royalty payments.

find out more

Royalty Bearing License

A Hong Kong law-governed agreement for licensing intellectual property rights in exchange for royalty payments.

find out more

Royalty Buyout Agreement

A Hong Kong law-governed agreement that converts ongoing royalty payments into a one-time lump sum payment, permanently transferring all future royalty rights.

find out more

Brand Promotion Agreement

A Hong Kong law-governed agreement establishing terms for brand promotion activities, including promotional rights, obligations, and compliance requirements.

find out more

Royalty Purchase Agreement

A Hong Kong law-governed agreement for the sale and purchase of royalty rights, detailing transfer terms, payment obligations, and ongoing arrangements between parties.

find out more

Revenue Based Financing Agreement

A Hong Kong law-governed agreement establishing revenue-based financing terms where investors provide capital in exchange for a percentage of future revenue.

find out more

Royalty Fee Agreement

A Hong Kong law-governed agreement establishing terms for royalty payments in exchange for intellectual property usage rights.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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.