JaggedSac on 17 July 2009
| Procrastinato said: @Squill: thanks ;) @others: Note the part where the contract states: "Royalty Split of Net Receipts (Calculated after cost of goods (Cogs) are reimbursed): 60% - Take 2; 40% - Interplay. Subject to recoupment of any advances, royalties will be due sixty (60) days after the month end in which such units of a Product are shipped."
Key word: "advances"... i.e. dev costs.
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Do they consider the gaurantee an advance? I think that means that any money over the 2 million will be paid back in this manner. The gaurantee would be for development costs. Am I interpretting this wrong?
