Wisconsin Author Oriented Software Royalty and License Agreement Regarding a Computer Program for use on Personal Computer

• Category: Technology - Software - Publishers and Work for Hire
• State: Multi-State
• Control #: US-13156BG
• Format: Word; Rich Text

Description

This form is a detailed Author Oriented Software Royalty and License Agreement, and is for use in the computer, internet and/or software industries. Title: Wisconsin Author Oriented Software Royalty and License Agreement for Personal Computer Programs Keywords: Wisconsin, Author Oriented Software, Royalty, License Agreement, Computer Program, Personal Computer. Introduction: In the state of Wisconsin, authors and creators of computer programs can protect and secure their intellectual property rights through the Wisconsin Author Oriented Software Royalty and License Agreement. This legal document establishes the terms and conditions under which a computer program developed by an author can be licensed and utilized on personal computers. Types of Wisconsin Author Oriented Software Royalty and License Agreements: 1. Exclusive Royalty Agreement: This type of agreement grants exclusive rights to a licensee to use and distribute the computer program on personal computers. The licensee is responsible for paying royalties to the author according to the agreed-upon terms, ensuring a fair compensation model that encourages the author's creativity and innovation. 2. Non-Exclusive Royalty Agreement: In contrast to an exclusive agreement, a non-exclusive royalty agreement allows the author to license their computer program to multiple licensees simultaneously. The author can receive royalty payments from various licensees who choose to utilize the program on personal computers. This type of agreement provides flexibility and broadens the potential market for the program. 3. Limited License Agreement: A limited license agreement imposes certain restrictions on how the computer program can be used on personal computers. The licensee may only utilize the program for specific purposes or within certain geographical boundaries. This agreement ensures that the author maintains control over the program's distribution and protects their intellectual property. Key Elements of a Wisconsin Author Oriented Software Royalty and License Agreement: 1. Software Description: This section provides a detailed description of the computer program, outlining its features, functionalities, and any specific requirements for its use on personal computers. 2. Grant of License: This clause specifies the scope of the license granted by the author to the licensee. It defines the allowed usage, duration, and any limitations or restrictions imposed on the use of the software. 3. Royalty Payments: This section outlines the agreed-upon royalty payment terms, including the calculation method, frequency of payments, and the consequences of non-payment or breach of the agreement. 4. Intellectual Property Protection: The agreement includes provisions to safeguard the author's intellectual property rights, such as copyright ownership, restrictions on reverse engineering, and protection against unauthorized copying or distribution of the software. 5. Termination: This clause defines the conditions under which the agreement can be terminated by either party, such as violation of license terms, non-payment of royalties, or breach of intellectual property rights. Conclusion: The Wisconsin Author Oriented Software Royalty and License Agreement establishes a legal framework for authors to protect their computer program creations while granting the right to license and distribute the software on personal computers. By entering into this agreement, authors can ensure their intellectual property rights are respected and receive fair compensation for their work.

Title: Wisconsin Author Oriented Software Royalty and License Agreement for Personal Computer Programs Keywords: Wisconsin, Author Oriented Software, Royalty, License Agreement, Computer Program, Personal Computer. Introduction: In the state of Wisconsin, authors and creators of computer programs can protect and secure their intellectual property rights through the Wisconsin Author Oriented Software Royalty and License Agreement. This legal document establishes the terms and conditions under which a computer program developed by an author can be licensed and utilized on personal computers. Types of Wisconsin Author Oriented Software Royalty and License Agreements: 1. Exclusive Royalty Agreement: This type of agreement grants exclusive rights to a licensee to use and distribute the computer program on personal computers. The licensee is responsible for paying royalties to the author according to the agreed-upon terms, ensuring a fair compensation model that encourages the author's creativity and innovation. 2. Non-Exclusive Royalty Agreement: In contrast to an exclusive agreement, a non-exclusive royalty agreement allows the author to license their computer program to multiple licensees simultaneously. The author can receive royalty payments from various licensees who choose to utilize the program on personal computers. This type of agreement provides flexibility and broadens the potential market for the program. 3. Limited License Agreement: A limited license agreement imposes certain restrictions on how the computer program can be used on personal computers. The licensee may only utilize the program for specific purposes or within certain geographical boundaries. This agreement ensures that the author maintains control over the program's distribution and protects their intellectual property. Key Elements of a Wisconsin Author Oriented Software Royalty and License Agreement: 1. Software Description: This section provides a detailed description of the computer program, outlining its features, functionalities, and any specific requirements for its use on personal computers. 2. Grant of License: This clause specifies the scope of the license granted by the author to the licensee. It defines the allowed usage, duration, and any limitations or restrictions imposed on the use of the software. 3. Royalty Payments: This section outlines the agreed-upon royalty payment terms, including the calculation method, frequency of payments, and the consequences of non-payment or breach of the agreement. 4. Intellectual Property Protection: The agreement includes provisions to safeguard the author's intellectual property rights, such as copyright ownership, restrictions on reverse engineering, and protection against unauthorized copying or distribution of the software. 5. Termination: This clause defines the conditions under which the agreement can be terminated by either party, such as violation of license terms, non-payment of royalties, or breach of intellectual property rights. Conclusion: The Wisconsin Author Oriented Software Royalty and License Agreement establishes a legal framework for authors to protect their computer program creations while granting the right to license and distribute the software on personal computers. By entering into this agreement, authors can ensure their intellectual property rights are respected and receive fair compensation for their work.