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Software Development and Publishing Agreement

This template outlines an agreement between a software developer and a publisher for the development, marketing, and distribution of software. It defines the responsibilities, intellectual property rights, and revenue sharing terms.

Updated 15d ago
software developmentpublishing agreementintellectual propertyrevenue shareSMESouthern Africa

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Software Development and Publishing Agreement

Software Development and Publishing Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

SOFTWARE DEVELOPMENT AND PUBLISHING AGREEMENT

This Software Development and Publishing Agreement (hereinafter referred to as the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

1. **{{developer_company_name}}**, a company duly registered under the laws of {{developer_jurisdiction}}, with its principal place of business at {{developer_address}} (hereinafter referred to as 'Developer'); and

2. **{{publisher_company_name}}**, a company duly registered under the laws of {{publisher_jurisdiction}}, with its principal place of business at {{publisher_address}} (hereinafter referred to as 'Publisher').

RECITALS

WHEREAS, the Developer is the creator and owner of certain software as described in Schedule A (hereinafter referred to as the 'Software'); and

WHEREAS, the Publisher is engaged in the business of marketing, distributing, and publishing software products; and

WHEREAS, the Developer wishes to engage the Publisher to market, distribute, and publish the Software, and the Publisher desires to undertake such activities, subject to the terms and conditions set forth herein.

NOW THEREFORE, in consideration of the mutual covenants and promises herein contained, the parties agree as follows:

ARTICLE 1: DEVELOPMENT AND DELIVERY

1.1. The Developer shall develop and deliver the Software to the Publisher within the timeline specified in Schedule B, adhering to the specifications and functionalities outlined therein.

1.2. The Developer shall provide regular progress reports to the Publisher as agreed upon in Schedule B, and shall promptly inform the Publisher of any foreseen delays or issues that may impact the delivery of the Software.

1.3. Upon delivery, the Developer shall provide the Publisher with all necessary source code, documentation, and assets required for the marketing, distribution, and maintenance of the Software.

ARTICLE 2: PUBLISHING AND MARKETING RIGHTS

2.1. The Developer hereby grants the Publisher an exclusive/non-exclusive (delete as applicable) license to market, distribute, publish, and sell the Software in the territories specified in Schedule C, for the term specified in Article 8.

2.2. The Publisher shall use its best efforts to promote and distribute the Software, employing marketing strategies and channels as deemed appropriate by the Publisher. The marketing plan and budget are detailed in Schedule D.

2.3. The Publisher shall be responsible for all costs associated with marketing, distribution, and publishing, unless otherwise agreed upon in Schedule D.

ARTICLE 3: INTELLECTUAL PROPERTY RIGHTS

3.1. The Developer hereby represents and warrants that it is the sole owner of all intellectual property rights, including copyrights, trademarks, and patents, pertaining to the Software, or has obtained all necessary licenses to grant the rights herein.

3.2. All intellectual property rights in and to the Software, including any modifications or enhancements made by the Developer during the term of this Agreement, shall remain the sole property of the Developer.

3.3. The Publisher acknowledges that it acquires no ownership rights in the Software under this Agreement, other than the license rights explicitly granted herein.

ARTICLE 4: REVENUE SHARE AND PAYMENT TERMS

4.1. The Publisher shall pay the Developer a royalty equal to {{royalty_percentage}}% of the net revenue generated from the sale and licensing of the Software.

4.2. 'Net revenue' shall be defined as the gross revenue received by the Publisher from the sale and licensing of the Software, less any applicable taxes, returns, refunds, and payment processing fees.

4.3. The Publisher shall provide the Developer with detailed sales reports on a {{reporting_frequency}} basis, along with corresponding payments within {{payment_days}} days of the end of each reporting period.

4.4. All payments shall be made in {{currency}} to the Developer's nominated bank account, as detailed in Schedule E.

ARTICLE 5: CONFIDENTIALITY

5.1. Both parties agree to keep confidential all proprietary and confidential information disclosed by the other party, including but not limited to trade secrets, business plans, financial data, and technical information related to the Software.

5.2. Neither party shall disclose such confidential information to any third party without the prior written consent of the disclosing party, except as required by law or to their respective legal and financial advisors who are bound by similar confidentiality obligations.

5.3. This confidentiality obligation shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.

ARTICLE 6: WARRANTIES AND INDEMNIFICATION

6.1. The Developer warrants that the Software will perform substantially in accordance with the specifications in Schedule B and that it does not infringe upon the intellectual property rights of any third party.

6.2. The Developer shall indemnify and hold harmless the Publisher from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to any breach of the Developer's warranties or representations hereunder.

6.3. The Publisher shall indemnify and hold harmless the Developer from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to the Publisher's marketing, distribution, or sales activities of the Software, provided such activities are not in breach of this Agreement.

ARTICLE 7: GOVERNING LAW AND DISPUTE RESOLUTION

7.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}, without regard to its conflict of laws principles.

7.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be resolved through good faith negotiations between the parties.

7.3. If the dispute cannot be resolved through negotiation within {{negotiation_days}} days, the parties agree to submit the dispute to mediation in {{mediation_city}}, {{governing_law_jurisdiction}}, under the rules of {{mediation_organisation}}, prior to resorting to litigation.

ARTICLE 8: TERM AND TERMINATION

8.1. This Agreement shall commence on the Effective Date and shall continue for a period of {{term_years}} years, unless terminated earlier in accordance with the provisions of this Article.

8.2. Either party may terminate this Agreement upon {{notice_days}} days written notice to the other party in the event of a material breach by the other party, if such breach remains uncured after {{cure_days}} days from receipt of written notice thereof.

8.3. Upon termination, the Publisher shall cease all marketing, distribution, and sales activities of the Software and shall return to the Developer all copies of the Software, source code, documentation, and any other materials related thereto.

ARTICLE 9: GENERAL PROVISIONS

9.1. **Entire Agreement:** This Agreement, including all Schedules attached hereto, constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, and negotiations, whether written or oral.

9.2. **Amendments:** Any amendment or modification to this Agreement must be in writing and signed by duly authorized representatives of both parties.

9.3. **Notices:** All notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth in this Agreement, or to such other address as either party may designate by written notice.

9.4. **Assignment:** Neither party may assign its rights or obligations under this Agreement without the prior written consent of the other party.

9.5. **Severability:** If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

IN WITNESS WHEREOF

The parties hereto have executed this Software Development and Publishing Agreement as of the date first above written.

**FOR THE DEVELOPER:**

**{{developer_company_name}}**

By: _____________________________

Name: {{developer_signatory_name}}

Title: {{developer_signatory_title}}

Date: {{developer_signature_date}}

**FOR THE PUBLISHER:**

**{{publisher_company_name}}**

By: _____________________________

Name: {{publisher_signatory_name}}

Title: {{publisher_signatory_title}}

Date: {{publisher_signature_date}}

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