contract or agreement for royalty payment

 SEE IN THE INTERNET 1ST. AST DRAFT  YOURSELF. READ THE BOOKS OF DRAFTING .

Dear Aparna S,

Have u got the draft  agreement for payment of royalty.

I am looking for a similar draft. Just see if you can share with me.

DEAR APARNA ,

YOU MAY PLS. KEEP IN MIND THE FOLLOWING POINTS :-

1.  CONFIDENTIALITY CLAUSE

 2.  NO FIXED ROYALTY . SHOULD BE BASED ON  THE REVENUE . NO REVENUE , NO ROYALTY .

3.   INDEMNITY CLAUSE  - SHOULD INDEMNIFY IF THIRD PARTY CLAIMS ON YOU FOR MATTERS RELATED TO THE PORTAL .

 4.    TENURE SHOULD BE FIXED . ALSO FIX THE TENURE FOR THE ROYALTY .

   5.   WILL NOT LEND THE PORTAL TO SOMEBODY ELSE . U WILL ALWAYS HAVE THE FIRST RIGHT TO REFUSE .

    6.   THERE SHOULS ALWAYS BE SOME MECHANISM FOR DISPUTE RESOLUTION .

         REGARDS

RAVI ARORA