RoyaltyZone users can now add Minimum Royalty Per Unit (MRU) royalty rates to their agreements.   An MRU royalty rate defines a standard rate (X% of Net Sales) and a MRU ($X per unit).  RoyaltyZone compares the two calculated royalties and selects the higher (or lower, if preferred) of the two.  For example:

Standard Rate = 10% of Net Sales, MRU = $1 per Unit, Preference = Highest

• Example 1: Units Sold = 10, Gross Sales = $90: Rate Used = MRU, Royalties Owed = $10.00
• Example 2: Units Sold = 10, Gross Sales = $110: Rate Used = Standard, Royalties Owed = $11.10

This entry was posted on Tuesday, October 14th, 2008 at 9:03 pm and is filed under Features, Licensing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.