same business yes. Or minority holders. But this is more of a royalty agreement
Can depend on the agreement but usually it's revenue, especially when it comes to a royalty payment for use of ones property.
Seems strange to me that AxiomKB would want to be exposed to AVQ's expenditures. If that is true then AxiomKB could actually get less than AVQ staff. Seems like a rotten deal for AxiomKB. And there is a chance AxiomKB could actually get nothing if the project makes a loss or barely breaks even but AVQ will still pay their high salaries.
Let's hope that it's a proper royalty agreement and that AxiomKB are not getting screwed
" BREAKING DOWN 'Royalty'
Royalties are often expressed as a percentage of the revenues obtained using the owner's property, but can be negotiated to meet the specific needs of an arrangement. The use of royalties is common in situations where an inventor or original owner chooses to sell their product to a third party in exchange for royalties from the future revenues it may generate.
