Setting up your default contracts

Royalty contracts & payments

- **DefaultContractTermsRate**: please let us know the % for your default contract; for the sake of clarity it is best if you write out exactly the way you want the default contract to operate (any deductions, any considerations aside from a straight %, etc.)

- **Minimum payment threshold** (The sum under which you won't actually proceed with a payment to your rights-holders — this is done to save on payout fees.)

- **Paypal**: If you will be using Paypal for royalty payments, add your credentials to your account from _Services>Payments>Paypal_

Contract import template: