Shareholder Royalty Agreement

Prepare a Shareholder Royalty Agreement with this easy-to-use template. The Agreement is between a corporation and a shareholder (typically this would be the sole shareholder or a majority shareholder who is vital to the company's operations). The corporation grants the shareholder a continuing royalty, calculated as a percentage of the corporation's gross receipts, in exchange for the shareholder's ongoing loyalty, support and direction. This is a generic legal document in MS Word format, and is fully editable to fit your specific circumstances.