A Kentucky Revenue Sharing Agreement is a contractual arrangement that outlines the distribution of income generated from the licensing and custom modification of software within the state of Kentucky. This agreement is designed to ensure a fair and equitable distribution of revenue among the parties involved. The purpose of the Kentucky Revenue Sharing Agreement is to establish a framework for sharing the income generated from the licensing and custom modification of software in Kentucky. It sets out the terms and conditions that govern the distribution of revenue between the software developer and the licensee or custom modifier. One type of Kentucky Revenue Sharing Agreement is the Licensing Agreement. This agreement is typically entered into between the software developer and a licensee who wishes to utilize the software for a specified period. The licensing agreement allows the licensee to use the software in exchange for payment, usually in the form of royalties or a percentage of the revenue generated from the use of the software. Another type of Kentucky Revenue Sharing Agreement is the Custom Modification Agreement. This agreement is commonly used when a licensee or client requires custom modifications to the software to meet their specific needs. The custom modifier, often a third-party developer, enters into an agreement with the original software developer to make the necessary modifications. This agreement outlines the revenue sharing arrangement between the parties involved, ensuring that both parties receive their fair share of the income generated from the custom modifications. Keywords relevant to the Kentucky Revenue Sharing Agreement for income from the licensing and custom modification of software include Kentucky, revenue sharing, agreement, income, licensing, custom modification, software, distribution, parties, framework, terms, conditions, developer, licensee, royalties, revenue, period, client, specific needs, custom modifier, third-party developer, modifications, fair share. Overall, the Kentucky Revenue Sharing Agreement provides a framework for the fair distribution of income generated from licensing and custom modification of software, ensuring that parties involved receive their fair share of revenue in accordance with the terms and conditions outlined in the agreement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.