Legal Question in Intellectual Property in New York
Royalty Agreement
hello,
we want to sell supply formula to someone and then receive royalties based on a percentage of sale. What type of agreement do we need?
Asked on 11/05/08, 2:28 pm
2 Answers from Attorneys
Kristen Browde
Browde Law, P.C.
Re: Royalty Agreement
A relatively simple contract should suffice.
Answered on 11/05/08, 3:24 pm
Warren Markowitz
Warren R. Markowitz, Esq
Re: Royalty Agreement
What you are looking to establish is a licensing agreement between yourself and your vendors.
Answered on 11/05/08, 5:54 pm
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