We will pay you 60% of all money we actually receive from YouTube for advertising displayed on, or any other party for the syndication of, Video Content on Your Channels. For any revenue
Terminating this Agreement. The initial term of this agreement shall be one-year from the Starting Date, subject to earlier termination as set forth herein. This agreement shall automatically renew for successive one-yearperiods unless either party provides written notice of termination to the other party at least 30 days prior to the start of any renewal term. If either of us commits a material breach and does not cure that breach within 15 days of receiving written notice of the breach, then the other party can terminate the Agreement at any time. We will take all reasonable steps to return control of Your Channels as soon as reasonably possible following the termination of this agreement, including notifying YouTube to remove Your Channels from the RPM Network.
Doesn't sound too bad, although you lose 40% of profit if you didn't partner and all you get a banner for partnering.