Revenue Royalty Agreement Template for South Africa

1. Exchange Control: Required for international royalty payments subject to South African exchange control regulations

2. Intellectual Property Rights: Needed when the revenue stream involves IP rights or licensed content

3. Tax Gross-up: Provisions for handling withholding tax and other tax implications

4. Security: Required when additional security for royalty payments is needed

5. Marketing and Promotion: Relevant when parties have specific marketing obligations related to revenue generation

6. Minimum Guarantees: Optional provisions for minimum royalty payments

7. Territory Restrictions: Required when revenue generation is limited to specific geographic areas

8. Change of Control: Provisions dealing with ownership changes in either party

1. Calculation Schedule: Detailed methodology and examples of royalty calculations

2. Reporting Template: Standard format for regular revenue and royalty reports

3. Revenue Categories: Detailed breakdown of included and excluded revenue streams

4. Bank Account Details: Payment account information and banking details

5. Audit Procedures: Detailed procedures for conducting revenue audits

6. Tax Forms: Required tax forms and declarations

7. Authorized Representatives: List of authorized contacts for each party

8. Minimum Performance Criteria: If applicable, metrics for minimum revenue or performance requirements