software licence agreements.

  • Status Closed
  • Budget $100 - $200 USD
  • Total Bids 2

Project Description

F-LTD has developed a custom software for trading on foreign exchange market. F will give a licence to S-LLP, a company that is unrelated to F. S will then aquire clients, and sub-licence the software of F to clients. S is based in Texas, USA. F wants to make it will get paid and will not occur any liability. F also wants some rights (for example agree to customer pricing policy) so that it has some level of control over S. The end-clients should only deal with S, and should not be aware of the existence of F.

I prefer a skype phone call to discuss any other ideas.

We need 2 contracts.

1. Licence from F to S, texas.

F want to have control, and receive it's royalties.

? F owns all the property rights.

F licences the software: a) FX trading system, b)risk management and accounting system

F receive 66% of all profits.

? Profits: revenues minus qualified expenses

qualified expenses: Software development (instructed by F); server rental cost.

not qualified expenses: salaries, company overhead, management .

F has the right to see client lists, all client details And all servers, fix logs of clients. right to see all invoices.

? S: forward all client invoices to F; prepare quarterly a statements of revenues, qualified expenses and amounts owed to F.

? F must consent to the pricing plan of each customer.


2 Software Clients Licence

Client and S.

Goal: clients get a right to use the software, at their risk.

S is not responsible for trading losses.

S has the rights the to software.

no right to reverse engineer.

arbitration in texas?

S want to collect our profit fees or monthly fixed fee.

S provide servers to clients.

S has administrator priviledges to Client PCs

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