A Kansas Revenue Sharing Agreement for Income from the Licensing and Custom Modification of Software involves an agreement between different parties to share the revenue generated from the licensing and customization of software in the state of Kansas. This agreement outlines the terms and conditions under which the revenue will be shared among the parties involved. Keywords: Kansas Revenue Sharing Agreement, Income, Licensing, Custom Modification, Software. Types of Kansas Revenue Sharing Agreements for Income from the Licensing and Custom Modification of Software: 1. Traditional Revenue Sharing Agreement: This type of agreement involves the sharing of revenue generated from the licensing and custom modification of software between the software developers and the licensing company. The agreement defines the percentage or formula according to which the revenue will be divided between the parties. 2. Joint Venture Revenue Sharing Agreement: In this type of agreement, two or more parties join together to license and customize software jointly. The parties agree upon the revenue sharing structure, which may be based on ownership percentage or other predetermined criteria. This type of agreement allows parties to collaborate and pool resources to increase their potential income. 3. Royalty-based Revenue Sharing Agreement: Some agreements may involve the payment of royalties to the software developers or original creators. This type of agreement specifies a fixed percentage or amount of revenue that will be paid as royalties for the licensing and customization of the software. 4. Franchise Revenue Sharing Agreement: If the software is being licensed and customized as part of a franchise business model, a franchise revenue sharing agreement may be employed. This agreement outlines the sharing of revenue between the franchisor (software owner) and the franchisee (licensee), including any modifications made to the software specific to the franchise. 5. Reseller Revenue Sharing Agreement: In cases where the software is being resold by a third-party reseller, a reseller revenue sharing agreement may be used. This agreement defines the revenue sharing mechanism between the software developers and the reseller, ensuring both parties receive a fair share of the income. In summary, a Kansas Revenue Sharing Agreement for Income from the Licensing and Custom Modification of Software is a legally binding document that governs how revenue generated through software licensing and customization will be shared among the parties involved. The various types of agreements include traditional revenue sharing, joint ventures, royalty-based arrangements, franchise agreements, and reseller agreements. These agreements play a crucial role in establishing clear guidelines and promoting fair revenue distribution in the software licensing and customization industry.