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Äo£YALIY HccOUNTS
Mcaning eual
An Shdividual, kom,
Rom, Company
Peys a Centoun
cun othtn nstitutior
amount as pe 9neement da
acquining a Speciod Right Hos usin oher
nopeny This Cumount which s pad as a
Considenahoh dah he Use q Special Righis is
callc Royl

Destiniticn Koyalhy
Accondin t WPliam Pickles, Royalty s the
he dhemuna
ion yable to enson inShespect 9 the Use
use
a
asst, whethen hined oh bunchased biom Such bnsoh
calculated y ederence to and Vying with
9wantife
Poroclucedah sold aS anesult SUch
Such ass"

Adeal eintion Reyaly

The amount pyable acanding to mutual gneemerd
On the basis pnesc'bed tms and Conditions
Considenation USe
period
any Sheol Rght
oneated
dluning a clefinite as Snoyclty
This is mosty hyable on ubli's hing a book,
book,
manysactn, Patented Aorticle w0Nking a mine.

( ) Considenatfion o the Use special jght s codkel

 Royaly
Dienene Bdulean Renl And Heyyal
Rent he Considoradlon eypble d
Some tapgible asset topgible ass hone muns
Machiny, edc.
Building and Payolty he ord
Chatfon Þoyable do the yse dsheiod ohs
a tang'ble a nlonglble 0sse.

Rent s mastly poyable araling tu tirme

p
doy p wek, po monlh o bi y , bu
Payment veyalty olebends on d On pno duthn
et.
n the ollowin Cases nen tokenin piate
aoyaly
6Ja takng Out 0 poduction Vmioos otzler
donests
USe Sand don nive bed.
Hokng oul Jish etC., dbion the wob

inimumKent
Minimom hent the arnourd bulow whlch
landloond neveh acepts in an ye dbiorn th

nson who has to hay he Oqyalty In

mnes. d his Qnount onesoibed tin he
9heement Royadly hen the poron who hs
to die ceive a oryay will ondon ro Cinwmtun
wll 0veeive less Gnount han he omound
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e henl metionud In he
minimum Hgncament.

ShantulGnkin gs
Excess minimo m hen ove
qyaly s calhd
Shotwalangs".
inirnum Rent -Rgyalt Shantwankings anM,R.-R:S.L

Cenditiens_about Shotuimking Sn case Koya

HLound mostly dollouwing points ahe mentioned:
Katt Koyclt
h
(ifmound TAinimum Rent
in 19ylfy twill be less hun
minimum nent, the
the Qmount minimom nent will
be paid
Lhywhe wil be mone than mini mum nent,
amounfF the Shattwankings the canlie beriod
mH b. Cecoupedout the ex Cess qyaly
minimum 0ent

Sunplus
Entdo ushuch qenuation_o goocls, Siulce, a d
SC esouHECE exceed their conaLumpion ddupLL O
HeNOLMCeR u he bedrock on ushich copltaliami
builz
anes ioodla that a un excem oh thaH0gLuiYemut
an cant be_ tuwnd do t h uendotoy ca
Cxadit b t avo ueul o r somo Croalif
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8hatwatking Hecoup

UAuallu, in aro a HOualiy 0gLLmenta tuth

pHouiaion includli about tthe iecoup obortt
unorking.ie thi deskOY dllow the dessee tho
tightto c0Uy ornad and Aet oh dthe ahort
tDorkingaaaiist ithaexceka or 3upLua orDualti
Oven uth1 minimum ent un tho ubsiquint qea

-Shosutuworkinq- Unotecoup
het a n olAaal pblouis ien joYLOLG#Lino
shot uuoxking,ai the condition ougavieling wnHin
shot uoxking QHebased on dhe mutudL aqreemich

Accountinq diecoxd or minïnq lOyaltes

When a mine
aiven en luase dhu pexon sho qive u
uttn_
iase iA knouon as leggor ax Jand Uord: Rnd
dhe per n L9ho take i sn_lLOe is knan-
0 desgee? Koualties is paid by uesee tothi

HCcOLuntinq ucoxcd in tho book c leggee

Laalhen Youaltie b paible
RoyaltyAC Dr
Dx
S. A/C
TolandlorclA/C_
 Date
Pagel pe

TO hen payment ún mada-

Landlloxd A]c
(Recoup) To canh.hyc
To 8.w. Alc
CBeing amount and shorttoorking paid to larcllord)
IcFom clösinq oiOyalty accOunt at ihe end o yean
PL AJC Dr
Unxecoup) To xouaty Ac
To S.w. AC
Bein ha amount o otoyatty ancd SJW tanen to PIL Ac
RCcOuninq iecord in tho bookol dandllord-
AAt thu tme when Hoyalt viereivable:-

LeRsee BC
Toxoyaty AC
loroyalty resee A\C
toeina thuamauntoh oioyaty and yontby mgenue tonanP[LAIC)
B1lhen aboue amount u ieceived

Cash AC .
DY
CRecoup Royalty vueweAC
To legxee AC
dthe amaunt and R:R. Heceued
CBing
rom Lexee)
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IC Fow clsing syaty eceivable amount

Ryalty AJC Dr
Unrecou Koyalty useve IC D
T PL Ac
(Seing Royalty and Yecicvahle amt
to L )
eyaky onmetin_withoith Mineu

INTitting c each yeaxa Shartwking thu

nt yca

s.W
Yar Output Royalty_M.R s/wSuypluykecou Onrica.
3oce 305es
2eL 4ooD S o oo Looo Soo
Lo oQø Loo 200d 5000

iooobo Loooo Sooo 5oo Loooo

Roc L25o0 25oo 5o oo

75 Lsoo

Jolurnal Entyin the baok Leeue

Dat Particular FAmount Ameunt
3L Dec. KoyaltyAL D 3ooo
Ale Dy 2 OoD

To Landlrd's A Sooo

Landlo vd's Atc DY.

To Cash AC
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PL AcDr
To Royalt Alc 3o0o
3LDec.
2.00 L
Royatty AIC Dv -o0o
Sw IC Dr Looo
JO andloyd's AE 5 00 o

Landlord's AIC DY.

To Cash A Sooo
PL Ajc Dy.
To Royalty Ajc
31Pec Koyalty Dr
20 02-
poo
To Landlerds AI
Landdord's ALC Dr.
Jo Cosh AIc
LODO
PIL AICDy
loRoyalty Al
31 Dec Royaut AC Dr Joooo
2002 To andlo d'a Ac
Landlod's ML DY. Loooo
To Cah Alc Loooo
PjLAcDY. Lodoa
J Royalty Al Loooo
31Dec
Royalty ALC DY L2500
o Landlords A L2Sobo
Landlords Al Dr L2soo
12Soo
PlL_Ae DY L250o
T Payalty Ade 12Soa
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Landlord'Account C
Da Tardiculay E Amt:|Dae Payticulay Amou
S Deo T S0o0 2L De
Caah Al 2DDo By Koyalty A Spoo
y Slu A 20

Soo0
L Dec.
To Coah Alc SOo0 312oo
DeBy Pojalty
20
Dy s AC Lo oo

S,o0o Seoe
-DeC L Dec
200 2 lo Cash Ac Sooo 202 By RopalLy AIC| |6pco
Looo
loSuo Ac

Dee
2003 To Cash Ac Leco o22 Royalry Alc Looo

Joooo LoooD
3L D T3LDEL
T Cash A|c By Ro ylty
|L25o o | 2004 Ac 2500

125oo 12,50

KoyaltyAccount
D
a Particular EAmt. Dat Paniculor Amt
3L Dea 3 Dea
RoD To Landlordb A 3o0 0|200e| By PlILAlC 3oo

3 000p
31 pe 3LDec
200lo andlord Ac rooo 200 By PIL AIC
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3LDe
32002
To Landlovd AE 6oo02 By PL A Loo
|Goo 6o6
3L Dee Dec
|Lo o0o 3L By PIL Alc
2003
TO
OLandlord's HC 2003 Loooo

Joooo
Loso
31 Dec
2oneT
Landlords Al 5o 004 By PL A 1Soo

500 L25 oo

Shodworking Account
C
t Paticulaxr AroauDattu Partcwlan Amout
3L Dec
T Landlord'sAk ooo000IBy balanc cel ee

3L Tec
Do1 o baa cld 20 00 By balanG cld 3000
31 Dec
2ooLD landard Ale Looo

300D 30 00
L Jan. 3L Dec Looo
balanc bjd 0oo Do2 By Landlbrdb Hc

3ooD
30oo