The Software Royalty Agreement is essential when a software owner wishes to license their software while retaining ownership and receiving ongoing compensation based on usage or revenue. This agreement, governed by English and Welsh law, establishes the commercial relationship between the licensor and licensee, detailing payment structures, usage rights, and compliance requirements. It's particularly crucial for protecting intellectual property rights while enabling commercial exploitation of software products.
Create a bespoke document in minutes, or upload and review your own.
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:
Software Royalty Agreement
"I need a Software Royalty Agreement for licensing my enterprise resource planning software to a UK-based distributor, with a 15% royalty rate on net sales and quarterly reporting requirements, to be effective 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 license and usage rights granted for the software
5. Royalty Payments: Payment terms, calculation methods, reporting requirements and payment schedules
6. Intellectual Property Rights: Ownership, protection and enforcement of IP rights
7. Warranties and Representations: Guarantees regarding software ownership, performance and compliance
8. Confidentiality: Protection of confidential information and trade secrets
9. Term and Termination: Duration of agreement, renewal terms and termination provisions
10. Liability and Indemnification: Limitations of liability and indemnification obligations
11. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
1. Source Code Escrow: Terms for source code protection and access conditions
2. Territory Restrictions: Geographical limitations on software usage and distribution
3. Maintenance and Support: Terms for ongoing technical support and software maintenance
4. White Labeling: Terms for software rebranding and customization rights
5. Audit Rights: Rights to audit licensee's records and usage compliance
1. Schedule 1 - Software Description: Detailed technical specifications and functionality description
2. Schedule 2 - Royalty Calculation Methods: Detailed formula, examples and calculation procedures
3. Schedule 3 - Reporting Templates: Standard forms and templates for royalty reporting
4. Schedule 4 - Service Level Agreement: Performance standards and support level specifications
5. Schedule 5 - Territory List: List of authorized territories for software distribution
Authors
Relevant legal definitions
Agreement
Affiliate
Background IP
Business Day
Confidential Information
Documentation
Effective Date
Force Majeure Event
Intellectual Property Rights
License
License Fee
Licensed Software
Licensee
Licensor
Maintenance Services
Net Revenue
Reporting Period
Royalty
Royalty Rate
Software
Source Code
Specification
Support Services
Territory
Term
Third Party Software
Updates
Upgrades
User
Working Hours
Affiliate
Background IP
Business Day
Confidential Information
Documentation
Effective Date
Force Majeure Event
Intellectual Property Rights
License
License Fee
Licensed Software
Licensee
Licensor
Maintenance Services
Net Revenue
Reporting Period
Royalty
Royalty Rate
Software
Source Code
Specification
Support Services
Territory
Term
Third Party Software
Updates
Upgrades
User
Working Hours
Clauses
Definitions and Interpretation
Grant of License
Intellectual Property Rights
Royalty Payments
Payment Terms
Reporting Requirements
Audit Rights
Confidentiality
Warranties and Representations
Limitation of Liability
Indemnification
Term and Termination
Force Majeure
Assignment and Sub-licensing
Source Code Protection
Technical Support
Maintenance
Quality Control
Territory Restrictions
Non-Competition
Data Protection
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Amendment
Governing Law
Jurisdiction
Grant of License
Intellectual Property Rights
Royalty Payments
Payment Terms
Reporting Requirements
Audit Rights
Confidentiality
Warranties and Representations
Limitation of Liability
Indemnification
Term and Termination
Force Majeure
Assignment and Sub-licensing
Source Code Protection
Technical Support
Maintenance
Quality Control
Territory Restrictions
Non-Competition
Data Protection
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Amendment
Governing Law
Jurisdiction
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Royalty Contract
An England & Wales legal agreement detailing royalty payments for licensed intellectual property usage.
find out more
Product Royalty Agreement
An England & Wales legal agreement granting rights to manufacture and sell products in exchange for royalties.
find out more
Licence And Royalty Agreement
An England & Wales agreement allowing monetization of intellectual property while retaining ownership rights.
find out more
Royalty Licence Agreement
An English law agreement governing the licensed use of intellectual property in exchange for royalty payments.
find out more
Royalty Investment Agreement
An English law agreement governing investment in exchange for future royalty payments from revenue or profits.
find out more
Royalty Agreement For Use Of Trademark
An English law agreement governing the licensed use of trademarks in exchange for royalty payments.
find out more
Royalty Buyout Agreement
An agreement under English and Welsh law for the permanent transfer of royalty rights in exchange for payment.
find out more
Revenue Royalty Agreement
An English law agreement establishing terms for revenue-based payments between parties in exchange for use of rights or assets.
find out more
Software Royalty Agreement
A contract governed by English and Welsh law that establishes terms for software licensing and royalty payments.
find out more
Royalty Split Agreement
A legal agreement under English and Welsh law that establishes terms for sharing royalty revenue between multiple parties.
find out more
Royalty Purchase Agreement
An English law agreement for the sale and purchase of rights to receive future royalty payments.
find out more
Royalty Share Agreement
A contract governed by English and Welsh law that establishes terms for sharing royalties derived from intellectual property exploitation.
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.
Genie’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; Genie’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 Trust Centre for more details and real-time security updates.
Read our Privacy Policy.
