MOU Turn Key Template 27.06.2018
MOU Turn Key Template 27.06.2018
MOU Turn Key Template 27.06.2018
Between
___________ and ___________
This Memorandum of Understanding sets for the terms and understanding between ___________, (the “Company”)
a company incorporated under the laws of ___________, having its registered address at ___________, _________,
____________, (, Passport number: _____________, date of issue: _________) having its registered address at
________________________, as potential partner (“Partner”), for entering into software licensing relationship.
Company and the Partner are each individually referred to as a “Party” and collectively as “Parties”.
Purpose
This Memorandum of Understanding will define the intention of the Partner for further cooperation.
The website of the Partner shall be www. .com.
The Partner will incorporate the legal entity within 3 (three) month upon signature of the Memorandum of
Understanding.
The jurisdiction of legal entity and the bank account shall be initially agreed with the Company.
All products indicated in this Memorandum of Understanding shall not be launched until the incorporation of the
legal entity, opening of this legal entity’s bank account and the signature of the Software License Agreement.
Funding
The Partner will sign Software License Agreement with Company with the terms and conditions hereunder:
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Company shall provide to the Partner the interface(s) and maintain and develop the system(s) necessary to run
Products as provided hereunder (the “Licensed Software”) which enables the Partner to:
Under the Software License Agreement revenue sharing for the Products shall be as following:
SPORTSBOOK GGR will be shared between the Partner and Company as follows:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
0 to 80.000 82 18
80.001 to 150.000 83 17
150.001 to 250.000 84 16
250.001 to 500.000 85 15
500.001 to 1.000.000 86 14
1.000.001 to 2.000.000 87 13
2.000.001 to3.000.000 88 12
3.000.001 to 4.000.000 89 11
Over 4.000.001 90 10
VIRTUAL GAMES: Video Dog Racing, Video Horse Racing, Virtual DR, Virtual HR, Bet-on-Poker, Bet-on-BJ, Card Horse Racing
GGR will be shared between the Partner and Company as follows:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 90 10
VIRTUAL SPORTS:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 90 10
INSPIRED GAMING
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 83 17
EDGE GAMING
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 87 13
GOLDEN RACE
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
0 to 500.000 85 15
500.000 to 1.000.000 86 14
1.000.000 to 5.000.000 87 13
Over 5.000.000 88 12
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LEAP GAMING
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 83 17
POKER GGR will be shared between the Partner and Company as follows:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 91 9
FINBET GGR will be shared between the Partner and Company as follows:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 90 10
FANTASY SPORT GGR will be shared between the Partner and Company as follows:
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 85 15
EZUGI
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
All games 83 17
EVOLUTION
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 78 22
Company shall charge, and the Partner agrees to pay, the following fees in relation to the Live Casino Services:
1. Casino Hold’em Fee: A fee of one per cent (1%) of the Gross Gaming Revenues generated through any Casino Hold’em Table.
2. High Stake Table Fees: A fee of EUR forty cent (€0.40) per bet placed by a User on a High Stake Table.
LUCKY STREAK
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 83 17
USOFTGAMING
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 78 22
BETGAMES TV
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
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Over 0 83 17
CASINO SUITE
BETCONSTRUCT RNG GAMES
Game types The Partner’s share (%) Company’s share (%)
All games 90 10
MICROGAMING
GGR per month (EUR) The Partner’s share (%) Company’s share (%)
Over 0 83 17
Microgaming games: The share payable by the Partner to Company for branded games is equal to 22% calculated based upon
monthly GGR generated by the Partner through use of Branded Games
BETSOFT
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
PRAGMATIC PLAY
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
NYX GAMES
Type of Game Package The Partner’s share (%) Company’s share (%)
NEXTGEN BRANDED 78 22
NEXTGEN 83 17
ELK STUDIOS 83 17
CRYPTOLOGIC 78 22
CASINO TECHNOLOGY 83 17
1X2
Type of Game Package The Partner’s share (%) Company’s share (%)
All games 87 13
NETENT
Game types The Partner’s share (%) Company’s share (%)
All games 78 22
EGT
Game types The Partner’s share (%) Company’s share (%)
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All games 78 22
ZEUS
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
PATAGONIA
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
ENDORPHINA
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
ISOFTBET
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
PLAYSON
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
MULTISLOTS
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
OMI GAMING
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
WORLDMATCH
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
MRSLOTTY
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
GAMEART
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
PARIPLAY
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
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HABANERO
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
SPIGO
Game types The Partner’s share (%) Company’s share (%)
Slots 83 17
Specific games 78 22
EDICT (MERCURE)
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
GENII
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
TRADOLOGIC
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
JOIN GAMES
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
BOOMING GAMES
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
ORYX
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
ORTIZ
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
RED RAKE
Game types The Partner’s share (%) Company’s share (%)
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All games 83 17
WAZDAN
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
SPINOMENAL
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
SPINOMENAL (non-Asian)
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
GENESIS
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
REALISTIC GAMES
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
LIVEGAME TOMBOLA
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
BINGO BOOM
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
BOOONGO
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
iGaming2Go
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
TOM HORN
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
APOLLO GAMING
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Game types The Partner’s share (%) Company’s share (%)
All games 83 17
PLAY’N GO
Game types The Partner’s share (%) Company’s share (%)
Play’n GO 83 17
Bags Party 78 22
Flying Pigs 78 22
Hugo 78 22
Casino Hold’em 78 22
Triple Chance HiLo 78 22
ASIAN GAMING
Game types The Partner’s share (%) Company’s share (%)
All games 78 22
INBETGAMING
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
EVOPLAY
Game types The Partner’s share (%) Company’s share (%)
All games 87 13
FUGASO
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
FAZI
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
DLV
Game types The Partner’s share (%) Company’s share (%)
All games 83 17
Set-up Fee
The Partner shall pay to Company a Set-up Fee of EUR 19 900 (nineteen thousand nine hundred). The 50% of the
Set-up Fee shall be paid upon the signature of this Memorandum of Understanding and the remaining 50% shall be
paid upon the signature of Agreement.
The Partner shall pay to Company a monthly fee of EUR 500 (five hundred) for Fantasy Sports product.
The Partner shall pay to Company a set-up fee of EUR 10.000 (ten thousand) for Golden Race product, upon the
signature of the Agreement.
The Partner shall pay to Company a fixed monthly fee of EUR 1000 (one thousand) for Affiliate System started from
the 4th month upon the Launch date of this product.
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The Partner shall pay to Company a fixed monthly fee of EUR 1000 (one thousand) for Agent System started from
the 4th month upon the Launch date of this product.
The Partner shall pay to Company a fixed monthly fee of EUR 1000 (one thousand) for Statistics started from the 4th
month upon the Launch date of this product.
The Partner shall pay to Company a fixed monthly fee of EUR 3000 (three thousand) for Live Sports video streaming
for each 1000 matches started upon the Launch date of this product.
The Partner shall pay to Company a fixed monthly fee of EUR 1000 (one thousand) for the CRM product, which
includes unlimited messages, started upon the Launch date of this product.
Duration
This memorandum shall commence on the __.__.2018 and shall continue for negotiations period of Software
License Agreement and will apply to the Terms and Conditions of the latter signed Agreement.
This Memorandum of Understanding is at-will and may be modified by mutual consent of authorized officials from
Company and Partner. This Memorandum of Understanding shall become effective upon signature by the authorized
official from the Company and by the Partner, and will remain in effect until modified or terminated by any one of
the partners by mutual consent. In the absence of mutual agreement by the authorized official from Company and
the Partner, this Memorandum of Understanding shall end on end date of partnership.
Company Partner:
____________ ____________
reg. no. ____________ passport no. __________
Address: ____________ Address: _______________
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