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Overview

The Royalties extraction captures the complete royalty structure from the contract, including calculation bases, base rates, modifiers, and exceptions.

What Gets Extracted

Calculation Bases

The foundation for royalty calculations:
TypeDescription
At SourceRevenue at the point of collection
Gross ReceiptsTotal revenue before deductions
Net ReceiptsRevenue after specified deductions
PPDPublished Price to Dealer
Retail PriceConsumer purchase price
Unit RateFixed amount per unit
Writer/Publisher/Artist SharePercentage of specific share
Each calculation base includes:
  • Type: Category of calculation base
  • Definition: How the contract defines this base

Base Rates

Primary royalty percentages:
FieldDescription
RatePercentage (e.g., “15%“)
DescriptionWhat the rate applies to
SelectionConditions when this rate applies
Calculation BaseWhich base this rate uses

Modifiers

Adjustments to base rates under specific conditions:
FieldDescription
RateAdjustment value (e.g., “+5%”, “-2%“)
DescriptionWhat triggers this modifier
Applies ToWhich base rates are affected
Effective RateCalculated result (base + modifier)
Modifiers can be nested, with each level showing the cumulative effective rate.

Exceptions

Scenarios when no royalties are due:
FieldDescription
TitleException name
DescriptionWhen and why royalties don’t apply

Visual Structure

Royalties are displayed hierarchically:
  1. Calculation Base (header with definition)
  2. Base Rates (cards under each base)
  3. Modifiers (expandable section on each base rate)
  4. Exceptions (separate section at bottom)

Citations

Each rate, modifier, and exception includes citations linking to the source text in the contract.

Editing Royalties

Click the edit icon to:
  • Add or modify rates
  • Create new calculation bases
  • Add modifiers and exceptions
  • Correct rate values or descriptions