Developer Royalty Sample Clauses
The Developer Royalty clause establishes the right of a developer to receive ongoing payments, typically a percentage of revenue or profits, from the use, sale, or licensing of a product or intellectual property they helped create. In practice, this clause specifies the royalty rate, the calculation method, and the payment schedule, and may outline reporting requirements or audit rights to ensure accurate payments. Its core function is to fairly compensate developers for their contributions and to provide a clear, enforceable mechanism for sharing in the financial success of the project.
Developer Royalty. In the case of Gross Receipts received by or credited to Fig from Fig Sales, Fig shall pay to Developer the Developer Royalty relating thereto in accordance with Section 2.5.4. The Gross Receipts received by Fig less the Developer Royalty will be retained by Fig as the corresponding Fig Share.
Developer Royalty. Licensee shall pay to Developer Gross Receipts minus the Licensee Share (the "Developer Royalty") in accordance with this Agreement.
Developer Royalty. In the case of Gross Receipts received by or credited to Fig from Fig Sales, Fig shall pay to Developer the Developer Royalty relating thereto in accordance with Section 2 . 5 . 4 . The Gross Receipts received by Fig less the Developer Royalty will be retained by Fig as the corresponding Fig Share . 2 . 5 . 3 . Certification, QA ; Marketing Expenses . Fig shall be reimbursed for any and all out - of - pocket expenses actually paid by Fig as part of a certification, quality assurance or other approval process required by a Distributor, as well as Developer pre - approved marketing and localization expenses incurred by Fig (which amounts, if any, for the sake of clarity, will be reimbursed directly to Fig prior to calculating Gross Receipts) (the “ Marketing Expenses ”) . 2 . 5 . 4 .
Developer Royalty. Fig shall pay to Developer the Revenue minus the Fig Share (the “Developer Royalty”) for Revenue deriving from ▇▇▇.▇▇. The Revenue received by Fig less the Developer Royalty will be applied toward the Fig Share for purposes of Section 1.3.2.