A Hawaii Author Oriented Software Royalty and License Agreement Regarding a Computer Program for use on Personal Computer is a legal document that outlines the terms and conditions between an author and a software company for the use of a computer program on personal computers. This agreement ensures that the author's rights and royalties are protected while granting the software company the necessary licenses to distribute and sell the program. The agreement includes details such as the identification of the author and the software company, the description of the computer program, and the terms of the royalty payment. It specifies that the software company shall pay the author a certain percentage or amount of the program's sales revenue as royalties in exchange for the license to use and distribute the program. Additionally, the agreement defines the scope of the license, stating whether it is exclusive or non-exclusive, and whether it applies to a specific territory or worldwide. It may also outline any restrictions or limitations on the software company's use of the program, such as prohibiting modifications or reverse engineering. Furthermore, the agreement sets forth the duration of the license, specifying the number of years or any renewal options. It also addresses termination terms, including circumstances in which either party can terminate the agreement and the consequences of such termination. Different types of Hawaii Author Oriented Software Royalty and License Agreements Regarding a Computer Program for use on Personal Computer may include variations based on the specific nature of the program, such as: 1. Software Development Agreement: This type of agreement is used when the author and software company collaborate to develop a new program from scratch. It covers the ownership rights, royalties, and licensing arrangements for the jointly created software. 2. Software Distribution Agreement: This agreement is suitable when the author has already developed the program and grants the software company the right to distribute and market it exclusively or non-exclusively. 3. Software Reseller Agreement: This type of agreement is applicable when the author licenses the software company as a reseller, allowing them to sell the program to end-users while still maintaining ownership and control over the product. In conclusion, a Hawaii Author Oriented Software Royalty and License Agreement Regarding a Computer Program for use on Personal Computer is a crucial document that protects both the author and the software company by clearly defining the terms and conditions related to the program's use, distribution, and royalty payments.