The Broward Florida Revenue Sharing Agreement is a legal contract that governs the distribution of income generated from the licensing and custom modification of software in Broward County, Florida. This agreement outlines the terms and conditions that must be agreed upon by all parties involved. One of the types of Broward Florida Revenue Sharing Agreement is the "Exclusive Licensing Agreement." In this arrangement, a software developer grants exclusive rights to a licensee to use, modify, and distribute the software within Broward County. The licensee enjoys the sole authority to issue licenses and collect income generated from the licensing and custom modification of the software. In return, the licensee agrees to share a percentage of the revenue with the software developer as per the agreed-upon terms. Another type of agreement is the "Non-Exclusive Licensing Agreement." This arrangement allows multiple licensees to use, modify, and distribute the software within Broward County. Each licensee has the ability to issue licenses and collect income, with each party required to share a predetermined percentage of the revenue with the software developer. The Broward Florida Revenue Sharing Agreement emphasizes the importance of safeguarding the intellectual property rights of the software developer. It includes provisions related to the protection of proprietary information, confidentiality, and the prevention of unauthorized use or disclosure of the software. The agreement also outlines the obligations and responsibilities of each party involved. This includes the licensee's duty to provide accurate reports on the number of licenses issued, total sales, and revenue generated. The software developer, on the other hand, may have a responsibility to provide ongoing support and maintenance for the software, ensuring it is up-to-date and meeting the agreed-upon standards. To ensure fair and transparent revenue sharing, the agreement might include a mechanism for regular financial audits to verify the accuracy of the reported revenue. It may also establish a dispute resolution process in case of disagreements between the parties. Overall, the Broward Florida Revenue Sharing Agreement serves as a reliable legal framework for software developers and licensees to establish mutually beneficial relationships in the licensing and custom modification of software, allowing for revenue sharing and safeguarding of intellectual property rights.
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.