SOFTWARE LICENSE AGREEMENT
This Software License Agreement (the "Agreement") is entered into as of the Effective Date (as defined below) by and between the Licensor (as defined below) and the Licensee (as defined below), collectively referred to as the "Parties" and individually as a "Party." By using, copying, modifying, or distributing the Licensed Software (as defined below), the Licensee agrees to be bound by the terms and conditions of this Agreement.
- Definitions
1.1 "Effective Date" means the date on which the Licensee first uses, copies, modifies, or distributes the Licensed Software.
1.2 "Licensor" means the individual, organization, or entity that owns the copyright to the Licensed Software and is granting rights under this Agreement.
1.3 "Licensee" means the individual, organization, or entity exercising the rights granted under this Agreement.
1.4 "Licensed Software" means the software provided by the Licensor, together with any associated documentation, source code, and other materials.
1.5 "Commercial Use" means the use, reproduction, modification, or distribution of the Licensed Software, or a derivative work thereof, for direct or indirect financial gain or for any other purpose that is primarily intended for or directed toward commercial advantage or private monetary compensation.
1.6 "App-Derived Revenue" means any revenue generated by the Licensee, directly or indirectly, as a result of using the Licensed Software in the development, distribution, or sale of an application, product, or service.
- License Grant
2.1 Subject to the terms and conditions of this Agreement, the Licensor hereby grants to the Licensee a worldwide, non-exclusive, non-transferable, non-sublicensable, royalty-free license to use, copy, modify, and distribute the Licensed Software, and to create and distribute derivative works thereof, for any purpose, including Commercial Use, subject to the payment of the Revenue Share (as defined below) and the other terms and conditions set forth in this Agreement.
- Revenue Share
3.1 In consideration of the rights granted under this Agreement, the Licensee shall pay the Licensor a revenue share equal to ten percent (10%) of the Licensee's App-Derived Revenue (the "Revenue Share"). The Revenue Share shall be payable in Bitcoin to the following Bitcoin address specified by the Licensor: [Licensor's Bitcoin address].
3.2 The Licensee shall make payment of the Revenue Share on a monthly basis, within thirty (30) days after the end of each calendar month during which any App-Derived Revenue is earned.
3.3 The Licensee shall maintain complete and accurate records of all App-Derived Revenue and Revenue Share calculations, and shall provide the Licensor with a report detailing such calculations along with each payment of the Revenue Share.
- Copyright
4.1 The Licensed Software is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. The Licensor retains all rights, title, and interest in and to the Licensed Software, including all intellectual property rights therein. No rights or licenses are granted under this Agreement, except as expressly set forth herein.
4.2 The Licensee shall retain all rights, title, and interest in and to any derivative works created by the Licensee based on the Licensed Software, subject to the Licensor's rights in and to the Licensed Software.
- Termination
5.1 This Agreement shall automatically terminate if the Licensee fails to comply with any of the terms and conditions set forth herein. Upon termination, the Licensee shall immediately cease all use, reproduction, modification, and distribution of the Licensed Software, and shall destroy all copies thereof in the Licensee's possession or control.