Royalty Split Agreement Template for India

1. International Payments: Required when parties are from different countries, covering currency conversion and foreign exchange compliance

2. Third-Party Rights: Needed when third parties have interests in the intellectual property or royalty streams

3. Marketing and Promotion: Included when parties have specific responsibilities for promoting the asset generating royalties

4. Quality Control: Important for trademark or brand-related royalties

5. Sub-licensing Rights: Required when parties may grant rights to third parties

6. Minimum Guarantee: Optional section for establishing minimum royalty payments

7. Tax Provisions: Detailed section needed for complex tax situations or international payments

8. Dispute Resolution: Detailed procedures for arbitration or mediation if preferred over court proceedings

1. Schedule A - Property Description: Detailed description of the intellectual property or assets covered

2. Schedule B - Royalty Rates: Detailed breakdown of royalty percentages and calculation methods

3. Schedule C - Payment Terms: Specific payment dates, methods, and bank details

4. Schedule D - Reporting Template: Standard format for regular royalty reports

5. Schedule E - Authorized Representatives: List of authorized contacts for each party

6. Appendix 1 - Compliance Requirements: Relevant legal and regulatory requirements

7. Appendix 2 - Historical Data: Previous revenue data if agreement is based on existing relationship