Shareholder Royalty Agreement
This Royalty Agreement allows a corporation to reward a shareholder who is vital to the operations with an ongoing royalty in exchange for ongoing support and direction.
- The royalty is calculated as a percentage of the corporation's gross receipts.
- The shareholder has the right to audit the company's books to determine if the royalty being paid is correctly calculated.
- The corporation agrees not to sell any product or service for less than current market price.
- This legal form is fully customizable to fit your circumstances. Download it immediately after you purchase it.
Download Type:
Microsoft Word
Last Updated: 15-September-2022
-
-
-
-
-
-