FESTERS PLACE

Payment
Valve may choose to distribute Your Contribution for free and/or for a fee. If Valve chooses to distribute Your Contribution for a fee, then Valve may set the price for such distribution in its sole discretion, and Valve will pay You as follows, conditioned on Your compliance with the obligations contained in this Agreement.

Beginning with the calendar month in which Valve first distributes a copy of the Contribution for a fee, Valve shall pay to You twenty-five percent (25%) of the Adjusted Gross Revenue (defined below) actually received by Valve from Valve’s distribution of the copy of the Contribution during the calendar month. To the extent that the payment calculation results in a negative amount, that negative amount will be carried forward and deducted from any future amounts otherwise payable by Valve hereunder. Valve will remit payment in accordance with Valve procedures, currently net 30 paid in full. Please note that Valve may change procedures in the future, for example requiring a minimum amount to accumulate before making a payment. You also acknowledge and agree that other users, and Valve itself, may create other works that are similar to Your Contribution(s), and that Valve’s payment obligations under this Section 3 only apply with respect to the distribution of actual copies of Your Contribution(s).

"Adjusted Gross Revenue" shall mean the gross revenue actually received by Valve from Valve’s distribution of a copy of the Contribution less the Applicable Adjustments (defined below).

"Applicable Adjustments" shall mean (a) actual costs incurred by or on behalf of Valve resulting directly from returns, discounts, refunds, fraud or chargebacks for copies of the Contribution; (b) Customer Taxes, if and only to the extent that any such Customer Taxes (defined below) have been included in the calculation of gross revenue earned.

“Customer Taxes” shall mean taxes that are imposed on a customer of Valve on the distribution, sale or license of copies of the Contribution (such as sales, use, excise, value-added and other similar taxes) that are received from such customer by Valve for payment to governmental authorities.

Information and Tax Forms Required: Valve requires certain information and tax forms for payment and tax purposes. You must supply all requested information to Valve for payment to be made.
Tax on Payments to You: If, pursuant to the applicable tax law, a tax is or reasonably could be imposed on Valve's payments to You as reasonably determined by Valve in good faith, then Valve may withhold from such payments the appropriate amount of taxes that are required to be withheld according to applicable law and remit such withholding to the relevant taxing authority, as reasonably determined by Valve in good faith. If any other taxes are due on amounts paid to You under applicable law, You will be responsible for paying them.
No Ongoing Duty to Charge Fee: In the event Valve chooses to charge a fee for distribution of Your Contribution, Valve shall have no duty to continue to charge any such fee and may discount the price of Your Contribution or distribute it for free.