Royalty Share Agreement Template for South Africa

1. Minimum Guarantee: Used when there's a guaranteed minimum royalty payment regardless of actual sales

2. Development Obligations: Include when one party has obligations to develop or improve the licensed property

3. Quality Control: Necessary when the agreement involves manufacturing or production of goods

4. Marketing and Promotion: Include when parties have specific marketing obligations or restrictions

5. Sub-licensing Rights: Required if sub-licensing is permitted, detailing conditions and revenue sharing

6. Competition Compliance: Include specific competition law compliance provisions for high-value or market-dominant properties

7. Tax Gross-Up: Used in international agreements to address withholding tax implications

8. Exchange Control: Required for cross-border agreements involving South African parties

1. Schedule 1 - Licensed Property: Detailed description of the intellectual property subject to the royalty arrangement

2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates, including any tiered structure or special conditions

3. Schedule 3 - Calculation Examples: Examples of royalty calculations in various scenarios

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

5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable

6. Appendix A - Quality Standards: Detailed quality requirements and specifications if applicable

7. Appendix B - Trademark Usage Guidelines: Guidelines for using any licensed trademarks or branding