A Revenue Share Agreement is utilized when two or more parties wish to formalize an arrangement for sharing revenue generated from specific business activities. This document is particularly relevant in New Zealand's commercial context, where parties need to clearly define their revenue sharing relationship while ensuring compliance with local tax and commercial laws. The agreement typically arises in situations involving joint ventures, platform partnerships, agency relationships, or collaborative business ventures where multiple parties contribute to revenue generation. The Revenue Share Agreement includes essential provisions for revenue calculations, payment mechanisms, reporting obligations, and audit rights, while incorporating necessary protections under New Zealand law. It's commonly used in technology platforms, content distribution, sales partnerships, and various other commercial arrangements where revenue sharing forms the basis of the business relationship.
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1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Sets out the context and commercial intent of the revenue sharing arrangement
3. Definitions: Defines key terms used throughout the agreement, particularly revenue-related terms
4. Revenue Share Terms: Core terms defining the revenue sharing percentage and scope of revenues included
5. Calculation Method: Detailed explanation of how the revenue share will be calculated, including any deductions or exclusions
6. Payment Terms: Specifies payment frequency, method, currency, and timing of revenue share payments
7. Reporting Requirements: Details the financial reporting obligations, including frequency and format of reports
8. Audit Rights: Establishes the right to audit revenue calculations and associated records
9. Confidentiality: Protects sensitive business information shared between parties
10. Term and Termination: Specifies the duration of the agreement and circumstances for termination
11. Dispute Resolution: Outlines the process for resolving disputes between parties
12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Intellectual Property: Include when the revenue sharing involves IP licensing or creation
2. Exclusivity: Include when parties agree to exclusive revenue sharing arrangements
3. Marketing and Promotion: Include when parties have specific promotional obligations affecting revenue generation
4. Minimum Guarantees: Include when there are minimum revenue share payments guaranteed
5. Territory Restrictions: Include when revenue sharing is limited to specific geographic areas
6. Performance Obligations: Include when specific performance targets are tied to revenue sharing
7. Change of Control: Include when revenue sharing terms may be affected by ownership changes
8. Force Majeure: Include when parties want to address impact of extraordinary events on revenue sharing
1. Revenue Calculation Methodology: Detailed breakdown of revenue calculations, including formulas and examples
2. Reporting Template: Standard template for regular revenue reporting
3. Revenue Stream Definitions: Detailed descriptions of included and excluded revenue streams
4. Payment Schedule: Timeline and specific dates for revenue share payments
5. Audit Procedures: Detailed procedures for conducting revenue audits
6. Key Performance Indicators: Metrics used to measure performance if relevant to revenue sharing
7. Excluded Items: Detailed list of items excluded from revenue calculations
8. Contact Details: Key contacts for financial reporting and payments
Relevant legal definitions
Accounting Period
Affiliate
Agreement
Applicable Law
Business Day
Commencement Date
Confidential Information
Deductions
Effective Date
Excluded Revenue
Force Majeure Event
Gross Revenue
Initial Term
Intellectual Property Rights
Net Revenue
Payment Date
Quarter
Records
Revenue Share
Revenue Share Percentage
Revenue Statement
Services
Territory
Term
Termination Date
Working Day
Year
Audit Period
Authorized Representative
Business
Calculation Period
Dispute
GST
Material Breach
Payment Method
Permitted Purpose
Related Company
Renewal Period
Reporting Period
Revenue Stream
Tax
Affiliate
Agreement
Applicable Law
Business Day
Commencement Date
Confidential Information
Deductions
Effective Date
Excluded Revenue
Force Majeure Event
Gross Revenue
Initial Term
Intellectual Property Rights
Net Revenue
Payment Date
Quarter
Records
Revenue Share
Revenue Share Percentage
Revenue Statement
Services
Territory
Term
Termination Date
Working Day
Year
Audit Period
Authorized Representative
Business
Calculation Period
Dispute
GST
Material Breach
Payment Method
Permitted Purpose
Related Company
Renewal Period
Reporting Period
Revenue Stream
Tax
Clauses
Interpretation
Definitions
Term
Revenue Share Calculation
Payment Terms
Reporting Obligations
Audit Rights
Confidentiality
Intellectual Property
Representations and Warranties
Record Keeping
GST and Taxation
Termination
Force Majeure
Assignment
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Waiver
Relationship of Parties
Exclusivity
Performance Obligations
Indemnification
Insurance
Compliance with Laws
Anti-Money Laundering
Data Protection
Further Assurance
Costs
Counterparts
Definitions
Term
Revenue Share Calculation
Payment Terms
Reporting Obligations
Audit Rights
Confidentiality
Intellectual Property
Representations and Warranties
Record Keeping
GST and Taxation
Termination
Force Majeure
Assignment
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Waiver
Relationship of Parties
Exclusivity
Performance Obligations
Indemnification
Insurance
Compliance with Laws
Anti-Money Laundering
Data Protection
Further Assurance
Costs
Counterparts
Relevant Industries
Technology
Media & Entertainment
E-commerce
Software Development
Digital Marketing
Professional Services
Retail
Manufacturing
Financial Services
Hospitality
Gaming
Publishing
Telecommunications
Consulting
Creative Industries
Relevant Teams
Legal
Finance
Commercial
Business Development
Sales
Operations
Accounting
Partnership Management
Revenue Operations
Contract Administration
Relevant Roles
Chief Financial Officer
Commercial Director
Business Development Manager
Finance Manager
Legal Counsel
Contract Manager
Revenue Manager
Partnership Manager
Account Executive
Operations Director
Sales Director
Licensing Manager
Financial Controller
Commercial Manager
Chief Executive Officer
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