Common use of REVENUE SPLIT Clause in Contracts

REVENUE SPLIT. 3.1. In full consideration of the Parties’ performance under this Agreement and for all of the rights granted by Sleek hereunder, TVG agrees to pay Sleek a percentage of the Net Profits, (the “Royalty”) as set forth in Section 6 below at the address provided in Section 13. Sleek and TVG acknowledge that the name, voice, image and likeness (including retail packaging rights) and Talent Fees due G-Unit shall be a deduction in determining the Net Profits as provided in Section 6 below (the “G-Unit Royalty”).

Appears in 3 contracts

Sources: Infomercial Production and Brand License Agreement, Infomercial Production and Brand License Agreement (H & H Imports, Inc.), Infomercial Production and Brand License Agreement (H & H Imports, Inc.)