The New Hampshire Revenue Sharing Agreement is a legal framework established by the state government to regulate the distribution of income generated from the licensing and custom modification of software. This agreement outlines the terms and conditions under which software developers, vendors, and distributors are required to share a portion of their revenue with the state. Under this agreement, software developers or vendors who generate income through licensing their software products or providing custom modifications are required to allocate a predetermined percentage of their earnings to the state of New Hampshire. The specific percentage may vary depending on the type of software and the revenue generated. There are several types of New Hampshire Revenue Sharing Agreements pertaining to income from the licensing and custom modification of software. These agreements can be categorized based on the specific software applications or sectors they target. Some common types include: 1. General Software Licensing Revenue Sharing Agreement: This type of agreement applies to software developers who license their software products for use by individuals, businesses, or organizations. It requires a portion of the revenue generated from software license fees to be shared with the state. 2. Custom Software Modification Revenue Sharing Agreement: This agreement specifically targets software developers or vendors who offer custom modification services for existing software. It mandates a certain percentage of the income generated from these services to be allocated to the state. 3. Industry-Specific Software Revenue Sharing Agreement: In some cases, the state of New Hampshire may establish revenue sharing agreements tailored to specific industry sectors. For example, agreements may be developed for software used in healthcare, education, finance, or other vital sectors. These agreements ensure that a portion of the revenue generated from software licensing or custom modification within the designated industries is shared with the state. The New Hampshire Revenue Sharing Agreement aims to ensure that the state benefits from the economic activities surrounding software licensing and custom modification. By requiring software developers and vendors to share a portion of their revenue, the state can generate additional income to fund public services and support various development initiatives.