TifEagle Royalty Computation Information
Royalties on 2014 annual domestic grass sales are due and payable
no later than February 1, 2015.
Royalties on international grass sales are due and payable within 30 days
after end of each calender quarter.
NOTE: Growers should send a summary of sales by month along with their checks.
To print TifEagle Summary Report Sheet click here.

Domestic Sales
TifEagle Royalty/Marketing Calculation for Sod and Bushels
(per Article 4 of the TifEagle license agreement)
NOTE: NIST bushel is 1.24 cu. ft and is the bushel specified in the license agreement.

                                             Unit of Measurement             Royalty/Unit
                                                                           Sq. Ft.                            $0.01
                                                        NIST Bushel (1.24 Cu. Ft.)              $2.00

FORMULA
CALCULATE: (Total Sq. Ft. sold in 2014) X ($.01)
PLUS: (Total NIST bu. Sold in 2014) X ($2.00)
  EQUALS:  Total Royalty Due

EXAMPLE
300,000 X ($.01) = $3,000
1,000 X ($2.00) =$2,000
  EQUALS:  $5,000 (Total Royalty Due)

If Total Domestic Royalty Due is less than $2500, then the amount due is $2500.
Make checks payable to: Georgia Seed Development Commission.
2420 South Milledge Avenue, Athens Ga 30605

International Sales
TifEagle Royalty/Marketing Calculation Based on Area Planted
(per Article 3 of the TifEagle license agreement)

 Unit of Measurement            Royalty/Unit
 Sq. Ft.                               $0.2
Sq. Meter                            $0.22

FORMULA
CALCULATE: (Total Sq. Ft. sold in last quarter) X ($.02)
PLUS: (Total Sq. Meters sold in last quarter) X ($0.22)
  EQUALS:  Total Royalty Due

EXAMPLE
300,000 X ($.02) = $6,000
1,000 X ($0.22) =$220
  EQUALS:  $6,220 (Total Royalty Due)

Make checks for International Royalties payable to: Georgia Crop Improvement Association (ITGAP)
2425 South Milledge Avenue, Athens Ga 30605