Royalty percentage
When signing a licensing agreement and you received royalties, do you receive a percentage of the product being sold from the wholesale price or retail price.
Re: Royalty percentage
Mr. Mark's answer is quite correct.
I'll add that, as a former publisher, I cannot stress enough that you should have an attorney look at the contract -- BEFORE you sign it.
THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. THIS POSTING DOES NOT CREATE ANY ATTORNEY-CLIENT RELATIONSHIP BETWEEN US. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.
Re: Royalty percentage
Mr. Mark's answer is quite correct.
I'll add that, as a former publisher, I cannot stress enough that you should have an attorney look at the contract -- BEFORE you sign it.
THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. THIS POSTING DOES NOT CREATE ANY ATTORNEY-CLIENT RELATIONSHIP BETWEEN US. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.
