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Consulting Agreement with Sharing of Software Revenues

This agreement outlines the terms and conditions between a consulting company and a client, including details on software revenue sharing. It is used when a consultant's work contributes to software development that generates revenue.

Updated 15d ago
consulting agreementsoftware revenue sharingindependent contractorconsultancyservice agreement

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

Consulting Agreement with Sharing of Software Revenues

Consulting Agreement with Sharing of Software Revenues

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CONSULTING AGREEMENT WITH SHARING OF SOFTWARE REVENUES

1. PARTIES

This Consulting Agreement ("Agreement") is made effective as of {{effective_date}} ("Effective Date") by and between:

Consultant: {{consultant_company_name}}, a company registered under the laws of {{consultant_country}}, with its principal place of business at {{consultant_address}} (hereinafter "Consultant").

Client: {{client_company_name}}, a company registered under the laws of {{client_country}}, with its principal place of business at {{client_address}} (hereinafter "Client").

2. SERVICES

The Consultant agrees to provide consulting services to the Client as described in Schedule A (the "Services"). The Services may include, but are not limited to, {{description_of_services}}.

Any changes to the scope of Services must be mutually agreed upon in writing by both Parties.

3. TERM

This Agreement shall commence on the Effective Date and shall continue until {{end_date}} or until terminated earlier as provided herein.

This Agreement may be renewed upon mutual written agreement of both Parties.

4. COMPENSATION AND REVENUE SHARING

4.1. Consulting Fees:

In consideration for the Services, the Client shall pay the Consultant a fee of {{consulting_fee_amount}} ({{currency}}) per {{payment_period}} (e.g., hour, day, month) or a total project fee of {{total_project_fee}} ({{currency}}).

Payment terms are net {{payment_days}} days from the date of invoice.

4.2. Software Revenue Sharing:

In addition to the consulting fees, the Consultant shall be entitled to a share of the net revenues generated from the software developed or significantly contributed to by the Consultant (the "Software"). The specific software covered by this sharing arrangement is {{software_name_or_description}}.

The Consultant's share shall be {{revenue_share_percentage}}% of the net revenues derived directly from the licensing, sale, or subscription of the Software.

Net revenues shall be defined as gross revenues less any applicable taxes, returns, refunds, chargebacks, and third-party platform fees directly attributable to the distribution of the Software.

The Client shall provide the Consultant with a detailed revenue report quarterly, within {{reporting_days}} days of the end of each quarter. Payments to the Consultant for revenue sharing shall be made within {{payment_days_revenue_share}} days of the submission of the revenue report.

5. INTELLECTUAL PROPERTY

All intellectual property, including but not limited to copyrights, patents, trademarks, and trade secrets, developed by the Consultant in the course of providing the Services for the Client, shall be the sole and exclusive property of the Client, except for any pre-existing intellectual property of the Consultant.

Notwithstanding the foregoing, the Consultant retains all rights to any underlying general methodologies, tools, or know-how developed or used by the Consultant, provided such do not incorporate Client's confidential information.

The Client grants the Consultant a non-exclusive, royalty-free license to use any Client-provided materials solely for the purpose of performing the Services under this Agreement.

6. CONFIDENTIALITY

Both Parties agree to keep confidential all non-public information, including but not limited to business plans, customer lists, technical data, and financial information disclosed by one Party to the other during the term of this Agreement ("Confidential Information").

Confidential Information does not include information that is publicly known, independently developed, or rightfully received from a third party.

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

7. INDEPENDENT CONTRACTOR STATUS

The Consultant is an independent contractor and not an employee, partner, or joint venturer of the Client. The Consultant shall be solely responsible for all taxes, national social security fund contributions, and other statutory deductions applicable to its income.

8. TERMINATION

This Agreement may be terminated by either Party:

(a) For convenience, upon {{notice_period_days}} days' written notice to the other Party.

(b) Immediately upon written notice if the other Party materially breaches any provision of this Agreement and fails to cure such breach within {{cure_period_days}} days after receiving written notice thereof.

Upon termination, the Client shall pay the Consultant for all Services rendered and revenue share accrued up to the effective date of termination.

9. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_country_or_state}}.

Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in {{arbitration_city}}, {{arbitration_country}} in accordance with the arbitration rules of {{arbitration_institution}}.

10. ENTIRE AGREEMENT

This Agreement, including all schedules and attachments, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

11. AMENDMENTS

No amendment, modification, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

CLIENT:

__________________________

By: {{client_signatory_name}}

Title: {{client_signatory_title}}

Date: {{client_signature_date}}

CONSULTANT:

__________________________

By: {{consultant_signatory_name}}

Title: {{consultant_signatory_title}}

Date: {{consultant_signature_date}}

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