This software distribution agreement is between [Sender.FirstName] [Sender. LastName] (licensee) and [Client.FirstName] [Client.LastName] (licensed). A global license is made available to the licensee for the distribution, advertising and marketing of the software covered by this software distribution agreement. All costs associated with the aforementioned trust agreement will be distributed equitably among the parties. This agreement applies to [Agreement.CreatedDate] and remains valid until it expires or is terminated in accordance with the terms below. PandaTip: As a software owner, you are entitled to royalties for the software sold by your distributor. This model lists royalties at a rate of 20%, but you can change the language if your royalty percentage is higher or lower. PandaTip: Once the model has been adapted to your terms and conditions, you and the software distributor can sign the final agreement and download a copy for your recordings. This includes all upgrades, changes or extensions made to the software during the duration of the agreement.
The licensee will share the software with all tests completed before the date of the licensee`s contract. PandaTip: The marketing area of this model allows the distributor to carry out advertisements and other marketing activities at its own expense to promote your software for revenue production purposes. At the end of this contract, the licensee sends the licensee a termination report regarding all amounts due to the owner under this software distribution agreement. The right holder heresafter acknowledges that the distributor is not required to obtain prior approval from the right holder for the conclusion of sublicensings or other contracts relating to software products. This agreement is considered to be any agreement that the right holder may grant to the distributor for the conclusion of agreements or contracts. The licensee does not grant the right of distribution to a third party without the prior written consent of the licensee. The licensee was able to maintain and operate the entire software that is linked to this software distribution agreement for the duration of the agreement. PandaTip: Use the model`s “Delivery Components” text box to specifically list all software that is authorized to the distributor. This software distribution contract begins on [Agreement.CreatedDate] and continues for a period of 12 months, unless the contracting parties cancel further cancellations.