REVENUE SHARING AGREEMENT
This Revenue Sharing Agreement is made on [Date] between [Party A Name], having its office at [Address] ("First Party"), and [Party B Name], having its office at [Address] ("Second Party").
- Purpose. The parties shall collaborate on [Business / Product / Service] and share the revenue generated therefrom on the terms below, with effect from the Effective Date.
- Revenue Definition. "Revenue" means the gross amounts actually received from the arrangement, exclusive of GST and net of refunds and chargebacks.
- Revenue Split. The Revenue shall be shared in the ratio of [Percentage]% to the First Party and [Percentage]% to the Second Party.
- Deductions. Direct costs of [Category] shall be deducted before computing the shareable Revenue, as mutually agreed.
- Payment Schedule. The shared amounts shall be settled [Monthly / Quarterly] within [Number] days of the close of each period.
- Reporting. The receiving party shall maintain accurate records and provide a revenue statement for each settlement period.
- Audit Rights. Each party may, on reasonable notice, audit the other's relevant books once per financial year at its own cost.
- Taxes. Each party shall be responsible for its own taxes, including GST and TDS, arising from its share of Revenue.
- Term & Termination. This Agreement shall continue until [End Date] and may be terminated on [Number] days' written notice, subject to settlement of accrued amounts.
- Governing Law & Jurisdiction. This Agreement shall be governed by Indian law and subject to the exclusive jurisdiction of the courts at [City].
IN WITNESS WHEREOF, the parties have signed this Revenue Sharing Agreement on the date first written above.
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For [Party A Name]
For [Party A Name]
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For [Party B Name]
For [Party B Name]
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Witness 1
Witness 1
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Witness 2
Witness 2