Royalty Split Agreement Template for Pakistan

1. Currency Conversion: Required when dealing with international payments, specifying exchange rate sources and conversion timing

2. Third Party Rights: Needed when other parties may have interests in the intellectual property or revenue stream

3. Tax Provisions: Detailed tax handling procedures, particularly relevant for international agreements

4. Force Majeure: Provisions for handling unforeseen circumstances that may affect royalty generation

5. Assignment Rights: Terms governing if and how parties can transfer their rights under the agreement

6. Dispute Resolution: Alternative dispute resolution procedures like mediation or arbitration

7. Marketing and Promotion: Required when parties have specific obligations regarding promotion of the revenue-generating asset

8. Quality Control: Necessary when the agreement involves branded products or services requiring quality standards

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

2. Schedule B - Revenue Calculation Methodology: Detailed formulas and examples of how royalty splits will be calculated

3. Schedule C - Approved Territory: List of geographical territories where the agreement applies

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

5. Schedule E - Payment Details: Banking and payment information for all parties

6. Appendix 1 - Minimum Performance Requirements: If applicable, minimum revenue or performance targets that must be met

7. Appendix 2 - Related Agreements: List of any related agreements that affect the royalty split arrangement