Revenue Sharing Agreement (Genie AI)

The Revenue Sharing Agreement (Genie AI) is a legal template that outlines the terms and conditions agreed upon between two or more parties regarding the sharing of generated revenue from a specific business venture or project involving the use of Genie AI technology. This agreement is designed to provide a clear understanding of each party's role, responsibilities, and the distribution of revenues derived from the project. It covers aspects such as revenue calculation methodology, payment terms, profit-sharing percentages, dispute resolution mechanisms, and any other relevant conditions to ensure fair and equitable revenue sharing among the parties involved. This legal template can be used by individuals, businesses, or organizations looking to collaborate and share revenues derived from utilizing Genie AI technology in a mutually beneficial manner.