Demand Letter for Payment of Unpaid Royalties

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1
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Document Overview

A Demand for Unpaid Royalties is a formal written notice sent by the owner of rights (e.g., intellectual property, franchise, mining rights, publishing rights, brand licensing) to the party who is required to pay royalties under a contract.

It spells out:
1. The contract or agreement under which royalties are payable.
2. The period and amount of unpaid royalties.
3. A demand for immediate payment.
4. A warning of legal action if payment is not made.

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