The Hawaii Revenue Sharing Agreement is a contractual agreement that governs the distribution of income derived from the licensing and custom modification of software in the state of Hawaii. This agreement sets out the terms and conditions under which software developers or copyright owners share their revenue with other parties involved in the licensing and modification process. The primary purpose of the Hawaii Revenue Sharing Agreement is to ensure a fair and equitable distribution of profits among the stakeholders involved in the software development and licensing industry. It outlines the specific terms, percentages, and methods through which revenue generated from licensing and custom modification activities is to be shared. There are different types of Hawaii Revenue Sharing Agreements pertaining to income from licensing and custom modification of software. Here are a few common variations: 1. Standard Revenue Sharing Agreement: This is the most basic type of agreement that outlines the general terms and conditions for revenue sharing between the software developer or copyright owner and other parties involved in facilitating the licensing and modification of the software. 2. Multi-Tier Revenue Sharing Agreement: In this type of agreement, the revenue distribution is structured in multiple tiers, allowing for different parties to receive varying percentages of the income based on their level of involvement or contribution to the licensing and custom modification process. For instance, software developers may receive a higher percentage of revenue compared to resellers or distributors. 3. Royalty-Based Revenue Sharing Agreement: Under this arrangement, revenue is shared based on royalty payments. The software developer or copyright owner receives a certain percentage from the licensing or sales of the software, while the remaining portion is distributed among other parties involved, such as resellers, distributors, or even technology partners. 4. Customization Revenue Sharing Agreement: This type of revenue sharing agreement focuses specifically on income generated from custom modifications or enhancements to existing software. It outlines how the additional revenue generated through customization services is shared among the software developer, customization team, and other relevant parties. It is important to note that the specific terms and conditions of a Hawaii Revenue Sharing Agreement can vary depending on the parties involved and the nature of the software being licensed or modified. Consulting an attorney or legal expert familiar with software licensing and revenue sharing agreements in Hawaii are highly recommended ensuring compliance with local laws and regulations.