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Revenue generated from the machines will be split between the Operator and the Venue.
The standard revenue share is: [50/50] based on gross revenue collected (before expenses).
Collections and payments will occur on a monthly basis unless otherwise agreed.
I acknowledge and agree to the revenue sharing terms
The Operator is responsible for collecting all machine revenue and will provide the Venue’s share according to the agreed schedule.
Payment method will be agreed upon (cash, check, or electronic)
The Operator will handle all maintenance, repairs, and servicing of the machines.
The Venue agrees to provide a safe environment and notify the Operator of any issues.
Machines remain the property of the Operator at all times.
Each party is responsible for their own liability.
The Operator maintains insurance for the machines.
The Venue is not responsible for normal wear, but agrees to take reasonable care to prevent damage or theft.
This agreement operates on a month-to-month basis and may be terminated by either party with 30 days’ notice.
I agree to the term and termination policy
I agree to all terms outlined above