Revenue Sharing Clause Samples

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL , that in such circumstances the University shall have the right ...

Revenue Sharing. Commencing in the first calendar month after the month in which the Effective Date occurs, AWA shall pay to Mesa, by the 20th day of each calendar month, an amount equal to the product obtained by multiplying the Segment Revenue Percentage by the Segment Revenue generated during the prior calendar month. For purposes of this Agreement, the following terms have the following definitions:

Revenue Sharing. 1. Austria shall retain 25% of the revenue of the withholding tax mentioned in Article 5, paragraph 1, and transfer 75% of the revenue to Anguilla. 2. If Austria levies withholding tax in accordance with article 5, paragraph 4, Austria shall retain 25% of the revenue and transfer 75% to Anguilla of the revenue of the withholding tax levied on interest payments made to entities referred to in Article 4, paragraph 2, of the Directive, established in Anguilla. 3. Such transfers shall take place at the latest within a period of six months following the end of the tax year of Austria. 4. Austria shall take the necessary measures to ensure the proper functioning of this revenue-sharing system.

Revenue Sharing. (a) SCUSA shall pay to Chrysler a revenue share for new vehicles equal to the following percentages of Net Revenues for new vehicles: (i) [***] (ii) [***]; and (iii) [***] (b) Revenue sharing shall apply to [***] Revenue share payments will be made quarterly in arrears within ten (10) Business Days of the end of the relevant quarter. With respect to the sale of a portfolio of loans or leases, SCUSA shall use reasonable best efforts to extract economic value that can be shared with Chrysler at the revenue share rate as set forth in Section 8.02(a) in effect at the time of the sale of such portfolio of loans or leases. (c) SCUSA may exclude from revenue sharing [***] (d) In the event that, as a result of the obligation to make revenue share payments pursuant to Section 8.02(a) or otherwise, SCUSA is unable to achieve what it regards as an acceptable and competitive return on equity while maintaining compliance with the Market Benchmarks, SCUSA may request that the Steering Committee review the relative economic benefits to the parties of this Agreement and in good faith seek to [***] the Steering Committee may if it determines appropriate develop and implement (or have the parties implement) a remediation program with the aim of improving SCUSA’s return in a manner consistent with this Agreement.

Revenue Sharing. (a) No later than thirty (30) days after each calendar quarter in which there are positive aggregate Gross Profits arising from the sale of AquaBounty Products in the Field and Territory, AquaBounty shall pay to Intrexon a royalty equal to sixteen point sixty-six percent (16.66%) of such Gross Profits during that calendar quarter. Commencing with the Effective Date, in the event that there are negative Gross Profits for a particular AquaBounty Product in any calendar quarter, neither AquaBounty nor Intrexon shall owe any payments hereunder with respect to such AquaBounty Product. Any negative Gross Profits for a given AquaBounty Product, including any that result from Excess Product Liability Costs, may be carried forward to future quarters and offset against positive Gross Profits in such future quarters for the same AquaBounty Product. Except as set forth in the preceding sentence, AquaBounty shall not be permitted to carry forward any negative Gross Profits to subsequent quarters. (b) No later than thirty (30) days after each calendar quarter in which AquaBounty or any AquaBounty Affiliate receives Sublicensing Revenue, AquaBounty shall pay to Intrexon fifty percent (50%) of such Sublicensing Revenue.

Revenue Sharing. 1. The Contracting States levying withholding tax in accordance with article 5, paragraph 1, shall retain 25% of the revenue of the withholding tax and transfer 75% of the revenue to the other Contracting State. 2. If a Contracting State levies withholding tax in accordance with Article 5, paragraph 4, that Contracting State shall retain 25% of the revenue and transfer 75% to the other Contracting State of the revenue of the withholding tax levied on interest payments made to entities referred to in Article 4, paragraph 2, of the Directive, established in the other Contracting State. 3. Such transfers shall take place at the latest within a period of six months following the end of the tax year of the Contracting State of the paying agent in the case of paragraph 1, or of that of the Contracting State of the economic operator in the case of paragraph 2. 4. The Contracting States shall take the necessary measures to ensure the proper functioning of this revenue-sharing system.

Revenue Sharing. Commencing six (6) months from the Effective Date and thereafter throughout the Period of Employment, on a case-by-case basis, the Executive will receive up to 20% of Net Revenue derived from customers of the Company who (a) were demonstrably introduced to the Company solely by the Executive, and (b) who actually establish an account with the Company (a “Merchant Account”); provided, that, in the event more than one employee of the Company (including the Executive) claims responsibility for the Merchant Account, the total Net Revenue to be paid to all such claimants of the Merchant Account shall not exceed an aggregate of 20% of Net Revenue derived from the Merchant Account. “Net Revenue” is calculated as the revenue derived from referred Merchant Accounts after costs, such as discounts or fees, directly associated with the aforementioned Merchant Account have been deducted. All payments of Net Revenue required by this Section 3.2 will be payable monthly on the fifteenth (15th) day of the month following the month of collection. The Executive shall have the right to inspect any books, records and other information of the Company reasonably necessary to ensure compliance with this Section at the Executive’s own expense provided that such inspection does not occur during regular business hours.

Revenue Sharing. (1) The Netherlands Antilles shall retain 25% of the revenue of the withholding tax mentioned in Article 5, paragraph 1, and transfer 75% of the revenue to the United Kingdom of Great Britain and Northern Ireland. (2) If the Netherlands Antilles levies withholding tax in accordance with Article 5, paragraph 4, the Netherlands Antilles shall retain 25% of the revenue and transfer 75% to the United Kingdom of Great Britain and Northern Ireland of the revenue of the withholding tax levied on interest payments made to entities referred to in Article 4, paragraph 2, of the Directive, established in the United Kingdom of Great Britain and Northern Ireland. (3) Such transfers shall take place at the latest within a period of six months following the end of the tax year of the Netherlands Antilles. (4) The Netherlands Antilles shall take the necessary measures to ensure the proper functioning of this revenue-sharing system.

Revenue Sharing. For Fiscal Year 2013 and each subsequent Fiscal Year during the Term, the Port will share revenue with all Signatory Airlines as follows. When making adjustments-to-actual under Section 8.18 the Port will calculate the “Revenue Available for Sharing” by multiplying the amount, if any, by which the Airport’s Net Revenue exceeds 125% of its annual debt service by fifty percent (50%). The Revenue Available for Sharing, if any, shall be distributed among all Air Carriers that were Signatory Airlines during the preceding Fiscal Year. Each such Signatory Airline’s share of the Revenue Available for Sharing for that year shall be calculated by dividing such Signatory Airline’s actual payments to the Port of rates and charges under this Agreement for the preceding Fiscal Year by the total amount of such payments by all Signatory Airline’s for that same year. Revenue sharing shall be distributed among all the Signatory Airlines in the form of a credit against amounts due to the Port.