License and Distribution Agreement - Utilizing Push Technology
What is this form?
The License and Distribution Agreement - Utilizing Push Technology is a legal document that formalizes the partnership between two parties in the tech industry. It outlines the development and distribution of software that delivers content to end-users through specific channels. Unlike general distribution agreements, this form focuses on utilizing push technology, making it essential for tech companies looking to collaborate on branded content delivery systems effectively.
Key components of this form
- Parties involved: Identifies Web Software and Net Entertainment, Inc. as the contracted entities.
- Development and operations: Specifies the responsibilities in developing the NEI channel and client software.
- Promotional obligations: Details how both parties will promote the NEI service and its accompanying software.
- Advertising and revenue sharing: Outlines the advertising rights and revenue distribution agreements between the parties.
- Termination conditions: Conditions under which the agreement may be terminated by either party.
Common use cases
This form should be used when two tech companies intend to collaborate on a software channel that utilizes push technology for content delivery. It is suitable for situations where one company wishes to license a service or software to enhance its offerings and reach a wider audience through branded channels.
Who this form is for
- Technology companies looking to enter into a collaborative software development agreement.
- Businesses involved in digital content distribution who utilize push technology.
- Firms seeking a formalized structure for revenue sharing and promotion of software channels.
Completing this form step by step
- Identify the parties: Fill in the names and addresses of both Web Software and Net Entertainment, Inc.
- Specify the development and operational details: Include the particular specifications and production schedule agreed upon by both parties.
- Outline promotional obligations: Detail how each party will promote the NEI service, including advertising commitments.
- Define termination conditions: Clearly state any conditions that could lead to the termination of the agreement.
- Finalize and sign: Ensure both parties review and sign the agreement in the presence of witnesses if required.
Does this document require notarization?
This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to define clear specifications and operational responsibilities.
- Omitting promotional commitments, leading to disputes later.
- Neglecting to include detailed termination clauses, which can complicate exit strategies.
Benefits of using this form online
- Convenience of filling out the form at your own pace and revising as needed.
- Ensures the latest legal standards and state-specific requirements are incorporated easily.
- Reliable access to templates developed by licensed attorneys, ensuring legal accuracy.
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FAQ
Exclusive or non-exclusive. In an exclusive license, the intellectual property holder is licensing the work only to one person, for that particular use/territory. Territory. Use. Attribution. Derivative works. Confidentiality. Time frame. Termination.
Do your homework. Before you begin negotiating, you need to understand your licensee's business. Start with a term sheet. Manage your expectations. Be patient. Have a win-win attitude. Don't lose your sense of humor. Remember to hold something back. Put yourself in their shoes.
Terms and conditions of sale; term for which the contract is in effect; marketing rights; trademark licensing; geographical territory covered by the agreement; performance; reporting; and. circumstances under which the contract may be terminated.
Do your homework. Before you begin negotiating, you need to understand your licensee's business. Start with a term sheet. Manage your expectations. Be patient. Have a win-win attitude. Don't lose your sense of humor. Remember to hold something back. Put yourself in their shoes.
A license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays royalties to the owner in exchange for the right to sell the product or use the technology.
A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
Technology licensing agreements are contracts or arrangements that involve an owner of a technology-based intellectual property, also known as a licensor, who will accept compensation in exchange for allowing an outside party, known as the licensee, resell the property, make alterations to it, or simply use it.
A technology license agreement is an arrangement that involves an owner (licensor) of some technological intellectual property who accepts compensation (consideration) to let someone else (licensee) use, change, or resell the property.
