Hi
I'm just about to leave my full time job for a new contract job with another company but I've arranged (in theory at least) with my old employer to provide a minimal amount of hours a week support along with some proceeds from the revenue of the product that I helped produce.
I'm completeley new to all this and I'm not sure how the revenue split should work, is there a standard way that these are normally done, eg, X% of money generated from the product before all deductions?
Whats the best way to structure the split of the proceeds?
Is there a standard contract I can buy off the shelf which I can use for this type of agreement or will I need a lawyer to sort it all out?
I'm just about to leave my full time job for a new contract job with another company but I've arranged (in theory at least) with my old employer to provide a minimal amount of hours a week support along with some proceeds from the revenue of the product that I helped produce.
I'm completeley new to all this and I'm not sure how the revenue split should work, is there a standard way that these are normally done, eg, X% of money generated from the product before all deductions?
Whats the best way to structure the split of the proceeds?
Is there a standard contract I can buy off the shelf which I can use for this type of agreement or will I need a lawyer to sort it all out?
Comment