Earnings and payout schedule

This Seller Earnings and Payout Schedule (“Schedule”) forms part of and should be read together with CGTrader's General Terms and Conditions. In the event of any conflict between this Schedule and the General Terms and Conditions, this Schedule shall prevail. CGTrader may amend this Schedule at any time.

1. Earnings from 3D Model Sales on the Site

1.1. Sellers will be issued payouts only after successful verification of Payment agreement and completion of KYC (“Know your customer”) process established by CGTrader and/or its payment providers. For new sellers first payout will be issued not earlier than 20 days following verification of Payment agreement and completion of KYC.

1.2. Earnings become payable 20 days following the sale and receipt of payment from the Buyer and will be processed on a weekly basis every Wednesday or the next business day if Wednesday happens not to be a business day.

1.3. Earnings to Sellers will be issued based on the schedule above after they are collected from Buyers as defined in the General Terms and Conditions and according to Seller’s payout rate at the moment of purchase.

1.4. Payout rates and sales thresholds to reach each payout rate are the following:

1.5. Sales thresholds are calculated on a cumulative rolling 365-day basis and include 3D model sales, completed 3D projects, and revenue allocated to the Seller from Subscriptions. Thresholds are based on net sales after deduction of refunds and reversals. A Seller's payout level is reviewed on a daily basis and will be upgraded when net sales within the rolling 365-day period reach the next threshold, or downgraded if net sales fall below the threshold for the Seller's current level. A payout rate change applies to all sales completed after the effective date of the change and does not affect earnings already accrued at the prior rate.

1.6. Although Sellers set prices of the Products in United States Dollars, the Parties agree that Products can be sold at any foreign currency on the Site, while payouts to Sellers shall always be processed in United States Dollars.

1.7. The Parties agree that the payout rate defined in this paragraph shall be final, unless is stated otherwise; the payout rate shall include all taxes and other charges (including VAT, where applicable) that shall be due in accordance with the applicable laws, except the taxes that are due by the Buyer or the Seller or on behalf or for the benefit of them and for making of which the Buyer becomes responsible for.

1.8. The Seller may decide to reduce its payout rate to a certain percent in relation to certain Products for charity purposes. In that case, earnings from the amount of reduction of the payout rates will be dedicated to the charity and the amounts will be paid out directly to the charity organizations by using the same means as described above.

1.9. CGTrader provides each Seller detailed sales information about the sales made via the Site, including:

- Price of the purchase;

- Buyer information (including country of residence);

- Taxes charged;

- Payout rate at the moment of purchase.

1.10. CGTrader may offer enterprise Buyers, who as per section 18.11 commit to large bulk purchases, discounts up to the discount level which the Seller chose under the account settings. CGTrader may also include certain CGTrader‘s service fees (for e.g. conversions, standardization and other services that may be required for the sale) into the price. In such cases, the price of the purchase displayed to the Seller will be after deduction of CGTrader‘s service fees and the Buyer name may be not disclosed if confidentiality is agreed with such enterprise Buyer.

2. Earnings from 3D projects

2.1. CGTrader‘s fee is equal to 15% (fifteen percent) of the fee paid by the Buyer to the Designer. Upon completion of the Contract, CGTrader will calculate and pay earnings to the Designer after having deducted VAT, payment processing costs and CGTrader’s fee.

2.2. Payouts become payable 20 days following the successful completion of a 3D project. Payouts will be processed on a weekly basis every Wednesday or the next business day if Wednesday happens not to be a business day.

3. Earnings from Subscriptions

Sellers who offer Products to be available to subscribers will receive payment for the Products under the Shared revenue model.

3.1. Monthly subscription fee, net of payment processing fees, paid by a subscriber will be allocated to all Sellers, whose Products that subscriber downloaded during the previous month, proportionately to the number of downloads. Allocated fees for the Product from a single subscriber will not exceed the listing price of such a Product.

3.2. Payout rate, as established in Section “3D model sales on the Site”, shall apply to the revenue allocated to the Sellers. The remaining part of the monthly subscription fees shall be paid to CGTrader for the subscription related services provided during the month.

3.3. If a subscriber did not download any Products during the month, all monthly subscription fees will be paid out to CGTrader for the subscription service provided during the month.

3.4. CGTrader will publish a monthly earnings report in each Seller's Account dashboard no later than the 5th business day of the following month, showing number of downloads, calculated revenue share, applied payout rate and calculated earnings for the month.

3.5. Payouts for earnings from Subscription shall be executed on the second Wednesday of the following month as a separate payment, using the regular payout method.

4. Earnings from Custom Enterprise Deals

4.1. Earnings for payments collected from Enterprise Buyers as part of Custom Enterprise Deals will be processed semi-annually. Semi-annual payout periods run from 1 January to 30 June (paid by 31 July) and 1 July to 31 December (paid by 31 January of the following year).

4.2. Sellers who participate in Custom Enterprise Deals agree that the payout rate for such transactions will be 50% from the payments collected by CGTrader from Enterprise Buyers. Payout rate shall include all taxes and other charges (including VAT, where applicable) that shall be due in accordance with the applicable laws. Earnings will not include fees charged by CGTrader for the extra services, such as conversion of 3D model files to different formats, verification and moderation of 3D models based on provided criteria, correction of technical features, etc. In cases when a contract with Enterprise Buyer requires CGTrader to perform some extra services but fees for such services are not specified in the agreement, CGTrader will determine the value of such services at its own discretion.

4.3. Payouts for Custom Enterprise Deals will be allocated to Sellers based on the number of Products included in Custom Enterprise Deals, quality score of the Products, generated sales on the Site by the Products, royalty rate, and freshness of the Product. Since Custom Enterprise Deals are tailored deals to meet the requirements of each Enterprise Buyer, CGTrader reserves the right to modify the criteria and establish a formula for payouts allocation for each Custom Enterprise Deal to ensure fair allocation of earnings among participating Sellers.

4.4. Sellers can opt-out from Subscriptions and Custom Enterprise Deals in account settings under “Maximize your earnings”.

5. Withholding tax

Earnings from Subscriptions and Custom Enterprise Deals paid to non-Lithuanian resident Sellers may be subject to Lithuanian withholding tax at the applicable rate under Lithuanian domestic law or the relevant double taxation treaty. Sellers are responsible for determining their own tax obligations in their country of residence.For more information on withholding tax see the FAQ.

6. Payout Dispute and Error Correction

Sellers who believe a payout has been calculated incorrectly must submit a written dispute to CGTrader by contacting support at support@cgtrader.com. CGTrader will investigate and respond within 15 days. CGTrader reserves the right to correct calculation errors in either direction, including recovering overpayments from future payouts.

7. Payment Failures and Violation of Terms and Policies

CGTrader reserves the right to withhold any payments and suspend or terminate membership of the Seller in the following cases:

- Seller fails to complete Payment agreement and perform KYC (“Know your customer”) process established by CGTrader and/or its payment providers within 90 days after the first sale or as requested by CGTrader;

- Seller’s payments are on hold because previous payment to Seller failed to be received;

- Seller has provided inaccurate payment information;

- there is a violation of Site policies that must be remedied before any payment is made.