Common use of Earning Right Clause in Contracts

Earning Right. The Licensee has a mandatory duty to inform Licensor of total earning immediately, where the Final Work is used for all purposes with a record label or any company with gross revenue of over one thousand (1,000) USD, the Licensor shall receive a revenue split 20% royalties and publishing rights share. The Licensee has the duty to inform all kinds of compensation or transactions to the Licensor within 6 months period via email or split sheet.

Appears in 4 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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Earning Right. The Licensee has a mandatory duty to inform Licensor of total earning immediately, where the Final Work is used for all purposes with a record label or any company with gross revenue of over one thousand (1,000) USD, the Licensor shall receive a revenue split 20% royalties and publishing rights share. The Licensee has share after revenues surpass one thousand (1,000) USD} for the duty to inform all kinds of compensation or transactions to the Licensor within 6 months period via email or split sheetBeat.

Appears in 1 contract

Samples: Beginner License

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Earning Right. The Licensee has a mandatory duty to inform Licensor of total earning immediately, where the Final Work is used for all purposes with a record label or any company with gross revenue of over one three thousand (1,0003,000) USD, the Licensor shall receive a revenue split 20% royalties and publishing rights share. The Licensee has share after revenues surpass three thousand (3,000) USD for the duty to inform all kinds of compensation or transactions to the Licensor within 6 months period via email or split sheetBeat.

Appears in 1 contract

Samples: Professional License

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