Revenue Sharing Agreement Software
Revenue sharing agreement or profit sharing agreement is the instrument in writing that outlines the terms of distribution of profits or losses among the partners stakeholders or companies in the business alliance.
Revenue sharing agreement software. Revenue sharing agreement draft for discussion this agreement is by and between illustrative designs a colorado sole proprietor hereinafter referred to as id whose business address is address hereinafter. The profit sharing agreement between a doctor and a hospital or a software development profit sharing agreement are some common examples. It helps in the distribution of revenues which is the total amine of income that is generated by the sale of goods services. This revenue sharing and software license agreement the agreement is dated as of the day of 2004 effective date and is made by and between single touch interactive inc.
The agreement may be made as part of or as an attachment to a partnership agreement. Revenue sharing at a rate of percent of revenue earned by the product of the services provided or any derivative work. And software license agreement. Download this professional legal consulting agreement with sharing of software revenues template if you find yourself in this situation and save yourself time efforts and possibly reduce the lawyer fees.
Use this template when negotiating a standard revenue sharing agreement. And software license agreement. A revenue share partnership agreement also known as a profit sharing agreement is a document signed by all partners in a partnership that outlines the criteria to be followed when distributing business profits or losses. A revenue sharing agreement is used when a joint venture is shared between two or more parties.
Exhibit 10 1 revenue sharing. The need for a revenue sharing agreement. It helps in developing a project when the parties enter into a joint venture. Posted february 8 2017 by christopher andrews.
This revenue sharing and software license agreement the agreement is dated as of the day of 2004 effective date and is made by and between single touch interactive inc sti a nevada corporation with its principal place of business located at 5927 priestly drive suite 102 carlsbad ca 92008 and activate. Hosting domain registration 3rd party software etc. Sti a nevada corporation with its principal place of business located at 5927 priestly drive suite 102 carlsbad ca 92008 and activate. Profit sharing is a simple process and enriches revenue generation in any workplace.