Toy Licensing Agreement Basics
1. Royalty is usually a percentage of wholesale sales.
2. Royalty agreements usually include an un-refundable royalty advance against future royalty earnings and a royalty guarantee. If the agreed upon level of royalties is not reached within a period, the difference is owed to the licensor.
Sample Toy Licensing Agreements
Toy License Agreement – Lucas Licensing Ltd. and Hasbro Inc.(Oct 13, 1997)
