Common use of Franchise Rights Clause in Contracts

Franchise Rights. Publisher shall have a right of first refusal and last refusal rights (matching rights for all offers made and received) to publish any prequel or sequel to the Product. The terms of such rights shall be negotiated in good faith. In the event the Product sells over 150,000 units, Publisher shall automatically have the right to publish a prequel or sequel and Developer agrees that development costs will not to exceed $300,000 excluding any third-party licensing fee..

Appears in 6 contracts

Samples: Development and Publishing Agreement (Edmonds 1 Inc.), Development and Publishing Agreement (Red Mile Entertainment Inc), Development and Publishing Agreement (Edmonds 1 Inc.)

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