The Royalty Rate filter allows a search for license agreements with specific royalty rate(s).

    Using the Royalty Rate Filter: 

        -Click on Royalty Rate and first choose a level (Level, License, Sublicense or Referral). 

        -Next, choose an operator (Equals, Greater Than, Greater Than or Equal, Less Than, Less Than or Equal, or Between).

        -Once the Operator is chosen, type in the desired numerical value(s).

        -Next, choose the Value Type. Value Type is the currency/percent of the rate.

        -Lastly, choose a Base (Gross Sales, Net Sales, Costs, Gross Profit, Operating Profit, Net Profit, Assets, Per Unit or Other). 

        -Once all desired rate criteria is selected, click Apply.

Level - Secondary rates to a transaction

License - A deal between the owner of a patent, brand, or trademark and someone who wants to use the patented or trademarked goods and services

Sublicense - An agreement by which the licensee (as sublicensor) grants to someone else (as sublicensee) some of the licensee's rights.

Referral - Knowledge and contacts in a certain field and want to be paid for making successful introductions to others

Operator - Set a value boundary using these options: Equals, Greater Than, Greater Than or Equal, Less Than, Less Than or Equal, Between

Value - Enter numeric value in relation to the Operator field

Value Type - Define the value type as % or Currency

Common Base - Factors any compensation related to the agreement is calculated on. Each agreement uses its own language to explain compensation. This common base also allows ktMINE to provide meaningful statistical analysis of agreements.

Options include: Gross Sales, Net Sales, Gross Profit, Operating Profit, Net Profit, Cost, Assets, Equity, Per Unit, or Other

Agreement Base - Search using Document Summary Fields with Royalty sub-section checked off. This is how the agreement specifically refers to the base within the text.

Net Sales vs Gross Sales - Net Sales and Gross Sales are standard definitions applied in accounting. They're common bases that we most closely attribute the agreement base to. The Agreement Base is the specific definition/payment set by the companies within the text of agreements themselves.