TL;DR – This update turns our contract template into a cleaner, “no-debt” revenue-share agreement you can drop into any indie-friendly incubator or accelerator. Fork it, tweak it, and ship.
| Category | What Changed | Where |
|---|---|---|
| Terminology | Replaced every “profit-sharing” reference with revenue-sharing for clarity. | Recitals §1-2 |
| Marketing IP | Founder owns all marketing assets, but the incubator now has a perpetual, worldwide, royalty-free, non-exclusive licence to showcase them—even after termination. | §6.2 |
| No-Debt Clause | Added an explicit non-loan statement: incubator support is not debt; only revenue share is owed. | §8.1 |
| Final Settlement | Once the Cap is hit or the deal ends cleanly, both sides have zero further financial liability. | §8.2 |
| Growth Credit Expiry | Unused Growth Credit auto-expires after 18 months—so use it or lose it. | §2.3 |
| Minor Tweaks | Copy-editing, tighter definitions, consistent table formatting. | Everywhere |
- §6.2 Marketing Materials licence (perpetual, non-exclusive).
- §8 Settlement & No-Debt Statement.
- Recitals: “profit-sharing” → “revenue-sharing”.
- Consistent “Gross Revenue” definition across clauses.
- Table spacing & headings for easier diff-tracking.
- Typo in Growth Credit value breakdown.
- Duplicate wording in Confidentiality section.
- Fork / copy
velocity_one_revenue_share_v5_3_en.mdor…_zh.md. - Search & replace
[Founder],[Incubator], and dates. - If you need additional spend, extend §2.4 Additional Support and let the Cap auto-scale.
- (Optional) Add channel-specific clauses—e.g. AppSumo exclusivity—under §5 Product Distribution.
Pro tip 🛠️: keep your edits in separate commits so you can cherry-pick updates from upstream.
Released under Creative Commons CC BY-SA 4.0.
You’re free to remix and redistribute, provided you give attribution and share derivatives alike.
Huge thanks to the Velocity1 founder community (chuhaiqu.club) for battle-testing this template and pushing for clearer IP and no-debt language. Keep shipping!