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    Mauricio Sánchez
    This document outlines the terms of an agreement for the commercialization of software developed by Compañía De Software Colombia S.A. It defines 20 clauses covering topics such as parties, duration, nature of licensed IP, costs, royalties, payment schedule, license options, and termination conditions.

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    Step 6 - 212032 - 40

    Uploaded by

    Mauricio Sánchez
    248 views4 pages
    This document outlines the terms of an agreement for the commercialization of software developed by Compañía De Software Colombia S.A. It defines 20 clauses covering topics such as parties, duration, nature of licensed IP, costs, royalties, payment schedule, license options, and termination conditions.

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    Step 6_ 212032_40 (1)

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    This document outlines the terms of an agreement for the commercialization of software developed by Compañía De Software Colombia S.A. It defines 20 clauses covering topics such as parties, duration, nature of licensed IP, costs, royalties, payment schedule, license options, and termination conditions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    248 views4 pages

    Step 6 - 212032 - 40

    Uploaded by

    Mauricio Sánchez
    This document outlines the terms of an agreement for the commercialization of software developed by Compañía De Software Colombia S.A. It defines 20 clauses covering topics such as parties, duration, nature of licensed IP, costs, royalties, payment schedule, license options, and termination conditions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Head of Agreement document for the commercialization of the

    software developed by Compañía De Software Colombia S.A

    Group Number: 212032_40


    Date:05-12-2020
    Item Student Contract clause defining the
    COMPAÑÍA DE proposal for
    SOFTWARE COLOMBIA in charge the
    S.A commercialization of
    the
    software
    1. Parties Tito German Software Company Colombia S.A
    Arias Client
    Leguizamon
    2. Start date Tito German Next year
    Arias
    Leguizamon
    3. Duration Tito German Life of the author more than
    Arias eighty years after his death in
    Leguizamon Colombia
    4. Nature of Tito German Literary work. "Computer
    the Arias programs are defined as
    Licensed IP Leguizamon "A set of statements or
    instructions that are used directly
    or indirectly in a computer to
    achieve a certain result." This is
    a software used as an application
    that allows integrating financial
    accounting data with the design
    of a management system based
    on the principles of the Balanced
    Scorecard and the Time Drive
    ABC, Registration with copyright
    before the DNDA.
    5. Work Schedule Tito German Indefined until the validity of the
    Arias Software license
    Leguizamon
    6. Costs Tito German This company has generated
    Arias savings in research and
    Leguizamon development costs of 15%,
    compared to those of the
    competition, which are 20% of
    projected income, and for
    Compañía Software de Colombia
    SA the average costs per
    research are 5 % of projected
    income, saving a total of 15% of
    projected income.
    7. Lump sum/royalties Tito German
    25% of the projected income
    Arias
    from product sales corresponds
    Leguizamon
    to Compañía Software de
    Colombia S.A. and 75% of that
    income corresponds to your
    distributor.
    a) Cost Method $ 243,500;
    b) Market Method $ 325,000;
    c) Income method $ 328,125.
    Therefore, for this case, the
    manager could set an interval
    between the lowest and highest
    value obtained (lowest $ 243,750
    and highest value $ 328,125).
    8. Payment Schedule Tito German Payments must be canceled
    Arias annually
    Leguizamon
    9. License option Mauricio Sanchez The license option is exclusive
    and is given to a third party so
    that they can exploit it
    generating 75% of profits
    10. Option term Mauricio Sanchez The term of the contract is
    on license related according to the aspects
    of compliance with goals and
    compensation, therefore the
    results of the measurement are
    the term of the license
    11. Right of Mauricio Sanchez As the company is in charge of
    first refusal creating its new application, it
    is the one that has its own
    rights of first refusal, making
    the decision in the same way if
    it is going to be exclusive or if
    at any time it wants to share
    the license
    12. Scope of License Mauricio Sanchez patents, copyrights, formulas and
    processes, goodwill, brands,
    franchises, secrets, etc
    13. Exclusivity Mauricio Sanchez licenses in other companies like
    compañia de software colombia
    S.A
    14. Liability Diego liability for punctual payments.
    Tierradentro report on technological
    improvement

    15. Warranty Student Name


    on License
    Patents
    16. Ownership of IP Student Name
    17. Ownership Student Name
    of
    Improvements
    18. Infringement Mauricio Infringement is sharing patent
    Sanchez data to other companies, causing
    this to generate economic losses
    and increase in competition
    19. Termination Mauricio Sanchez The termination is given for
    breaches of the contract or for
    poor results in the development
    and sale of the products
    20. Choice of law Student Name .
    21. Student Name

    Dispute
    Resoluti
    on
    Student chosen to Tito German Arias Leguizamon
    submit the final
    document to the
    Evaluation
    Environment:

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