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This Software and Content Distribution Agreement (also referred to as
the 'Agreement' or 'License') is made on [Date of Agreement]
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BETWEEN:
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the following entities, each called a 'Party'; together the 'Parties':
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Apsto ApS, a company incorporated under the laws of Denmark with a registered head office at Diplomvaj 318, 2800 Lyngby, Denmark, Hereinafter referred to as 'Youpark', a mobile content platform of Apsto ApS. |
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AND
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[Company Name]:
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[Contact Name]
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Business address:
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[Contact Address]
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Contact telephone number(s):
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[Contact Telephone Number]
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Contact fax number(s):
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[Contact Fax Number]
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Contact e-mail address(s):
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[Contact E-Mail Address]
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Tax ID:
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Not Applicable
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Hereinafter referred to as 'Supplier'
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It is now agreed as follows:
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1
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Prerequisites for entering into 'Software and Content Distribution Agreement'
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1.1
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Supplier must first complete all the blank fields contained in the
on-line application form displayed on 'Youpark' website www.youpark.com and click on the 'I Agree' icon. An account is created in the name of the Supplier on receipt of this form.
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1.2
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Supplier must upload the Products (hereinafter referred to as 'Product'
or 'Products') on Youpark.
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1.3
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Supplier must upload to Youpark all logos, trademarks and service marks
related to the uploaded Products.
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1.4
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Youpark reserves the right to accept or reject any application of the
Supplier and/or any specific Product uploaded by the Supplier at
Youpark's own discretion and in particular where such applications
relates to websites and/or mobile content that:
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a.
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Do not comply with current legislation and regulation and/or infringe
the rights of any third parties.
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b.
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Are unsuited to the sale or promotion of the services, or that might
damage the brand image of Youpark or its services.
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2
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Rights to use
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2.1
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The Supplier shall provide Products to Youpark to be distributed or
sold based on a revenue share model described in Section, 11, Revenue
Models.
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2.2
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Youpark intends to distribute and/or resell Products by the Supplier through its website www.youpark.com and its own sales channels defined below (in Section 3) as "Sales Channels".
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2.3
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Supplier grants Youpark and its authorized sales channels, a non
exclusive right and license to use, distribute, copy for distribution,
market, license and sell in any media throughout the world, the
Products. |
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2.4
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Supplier grants Youpark a nonexclusive, worldwide, royalty-free rights
and license to use its logos, trademarks, trade names, service marks or
other identifying or distinctive marks (collectively, "Marks"). But
where Youpark groups, integrates or otherwise combines the Products
with other products, Youpark may exercise its discretion in determining
the placement and size of the marks in the context of Youpark’s use,
distribution, public display, public performance, or marketing of such
combinations. |
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2.5
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Youpark expects the Supplier to display YOUPARK logo together with a link to the URL www.youpark.com on their website and promotional material, if given.
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2.6
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The parties agree that Supplier owns all proprietary intellectual
property rights related to the Products and this agreement does not
transfer ownership of any of these rights. Products are licensed, not
sold, to Youpark. |
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2.7
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The parties agree that Youpark owns all proprietary intellectual
property rights, including copyrights or trademarks, in any marketing
materials created, modified or otherwise prepared by Youpark which may
contain Supplier's proprietary materials. |
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2.8
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The Supplier agrees not to disclose/provide any secret and/ or
confidential information exchanged between the parties related to the
Products, its processes, software, technology, test results, material,
design, prices, customers etc., to any third party. Youpark shall
follow its privacy policy regarding its obligation to secure
confidentiality and secrecy. |
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2.9
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Supplier grants Youpark a royalty-free nonexclusive right and license
to use the Products for marketing and demonstration purposes. |
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2.10
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Youpark has the discretionary rights to refuse or terminate the
distribution/reselling of any Product that it deems inappropriate. |
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3
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Sales Channels
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3.1
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For distribution/ reselling of Products provided by the Supplier,
Youpark shall use the sales channels including but not limited to the
following: |
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3.1.1
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www.youpark.com - the online store where an end user can purchase the Products uploaded to Youpark. It is the basic sales channel.
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3.1.2
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Sales and marketing arrangements with Mobile/Wireless Operators.
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3.1.3
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Sales and marketing arrangements with Youpark's affiliates throughout the world.
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3.1.4
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Sales and marketing arrangements with mobile phone and handheld device manufacturers and distributors.
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3.1.5
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Sales and marketing arrangements with corporate entities such as but
not limited to retailers, retail assistants and free phone distribution
etc. |
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3.2
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Supplier will be notified, from time to time by reasonable means,
including Youpark's electronic newsletters, when Youpark establishes or
opens new distribution channels or re-designates existing channels in
Youpark's sole and reasonable discretion. |
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3.3
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All revenue collected through different sales channels shall be shared as outlined in Section 11, titled 'Revenue Models'.
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4
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Obligations of Supplier
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4.1
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The Supplier shall release updated and new version of the Products on
Youpark's site no later than the date on which the Supplier releases
such updated or new versions at any other third party site and in no
event later than 14 days (i.e. two weeks) after Supplier has released
such updated or new versions at any site owned & controlled by the
Supplier or in any other way. |
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4.2
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The Supplier shall deliver to Youpark all existing marks and user
manuals in all reasonably available media for use, at Youpark's sole
discretion, in marketing, installing or using the Products. |
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4.3
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The Supplier agrees not to disclose/provide any secret and/ or
confidential information exchanged between the parties related to the
products, processes, software, technology, test results, material,
design, prices, customers etc., to any third party. However, Supplier
will provide, at no charge, to Youpark or, where applicable, to the
customer, the user manuals and other marketing material for proper
functioning of the Products and its marketing. |
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4.4
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The Supplier shall provide Youpark with the Products in a form suitable
for electronic reproduction and distribution. It is the Supplier's
responsibility to test the Products for all the applicable devices
prior to uploading on Youpark's website or delivering it to Youpark and
ensure that all the Trial versions, Freeware and Products are
reasonably free of defects, bugs and viruses. |
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4.5
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The Supplier shall provide complete customer support through e-mail
and/ or telephone to customers who purchase the Products. The level of
support must, at a minimum, be in accordance with Supplier's support
policies at the time in effect. All queries directly related to the
Products shall be forwarded to the Supplier. |
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4.6
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Youpark expects the Supplier to respond to the customer queries (i.e.
forwarded by Youpark) within 24 hrs in weekdays. Supplier shall deal
with at-least 80% of all queries within 24 hrs in weekdays. |
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4.7
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Supplier shall not update the Products more often than is reasonably
necessary to add new releases and correct bugs. In no event shall
Supplier update the Products for the purpose of manipulating Product
placement in any search result or lists of new or updated Products.
Youpark will determine, in its sole discretion, whether the Supplier
has violated this paragraph, and reserves the right to take action to
remedy the abuse as Youpark deems appropriate. |
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4.8
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All updated Products shall be reasonably compatible with previous versions and/or content developed thereto. |
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4.9
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Supplier agrees to provide the software to Youpark at the lowest price
and best discount that the supplier makes the software available to any
other reseller/publisher. |
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5
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Obligations of Youpark
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5.1
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Youpark may, at its sole discretion, group, integrate or otherwise
combine software computer programs with other Products, whether
software or hardware, (a 'Product Suite') in connection with its use,
distribution, marketing or licensing of the product. Youpark or its
channel partners may only distribute the Products or display the marks
of the Supplier in 'Product Suites' or promotions that are suitable for
general audience of all ages. |
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5.2
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Youpark shall make reasonable efforts to advertise, promote and market
the Products through all the sales channels. Youpark will advertise and
promote the Products at its own sole discretion and expense. Youpark
shall also bear all the costs related to its own efficient operations. |
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5.3
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Youpark will make reasonable efforts to provide support to the
customers related to problems not directly caused by the Product's
malfunction or errors. It will make reasonable efforts to provide first
level assistance to the end users for different problems they may face
regarding efficient usage of the online store. |
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5.4
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Any returns from the customers will be made solely on the basis of
Youpark's Customer Policies , which may be updated by Youpark at its
sole discretion and at any time. |
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5.5
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Youpark shall: (i) conduct business in a manner that is reasonably
favourable at all times for the Supplier, the Products and the good
name, good will and reputation of Supplier, (ii) avoid deceptive,
misleading or unethical practices that are or might be detrimental to
Supplier and the Products, (iii) make no false or misleading
representations with regard to Supplier or the Products, (iv) not
publish or employ, or co-operate in the publication or deployment of,
any misleading or deceptive advertising material with regard to
Supplier or the Products, (v) make no representations, warranties or
guarantees to customers or to the trade with respect to the
specifications, features or capabilities of the Products that are
inconsistent with the literature uploaded by the Supplier to Youpark,
(vi) limit all warranties and guarantees to the extent and in the
manner that Supplier specifies in uploaded to Youpark, and (vii) not
enter into any contract or engage any practise detrimental to the
interests of the Supplier. |
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5.6
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Youpark shall not remove, efface or obscure any copyright notices or
other proprietary notices or legends from any Product or material
provided by the Supplier, and shall secure - through the material
uploaded by the Supplier to Youpark - reproduction of all such notices
and legends when copying and/or bundling the Products with the other
Products. |
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6
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Confidentiality
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6.1
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The Supplier may receive from time to time non public information
relating to Youpark's and its affiliates (Confidential Information),
this includes without limitations, information relating to sales
consummated under this agreement. You agree that: |
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a.
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All such confidential information is the exclusive property of Youpark.
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b.
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You will use such confidential information for the purpose of which it
was provided to you, which shall only be purpose of enabling your
performance under this agreement or providing support for the Products.
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c.
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You will not disclose any confidential information without Youpark's prior written consent.
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6.2
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Supplier shall not use the Customer Information provided by Youpark by
any means either through reports or email, including the telephone
number, postal address and email address of the customer, to contact
the customer, except that Supplier may use the Customer Information to
provide registration or unlock information to the customer to activate
and use the Software, unless Youpark indicates to Supplier that the
customer has opted in to be contacted by the Supplier for other
purposes, such as to receive marketing and promotional offers. Supplier
shall not provide the Customer Information to third parties or related
parties for purposes of marketing or promotional offers and shall use
reasonable effort to ensure that any Customer Information provided to
third parties is not used for unsolicited marketing or promotion.
Supplier acknowledges that any unsolicited email contact with a
customer may result in a violation of this agreement. |
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6.3
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Youpark shall not permit any third-party, including, without
Limitation, its distributors, and software integrators, under any
Circumstances, to (i) decompile, decipher, disassemble, and reverse
engineer or otherwise decrypt or discover the source code of the
Software or (ii)attempt to do, knowingly permit others to do or
encourage others to decompile, decipher, disassemble, and reverse
engineer or otherwise decrypt or discover the source code of the
Software. |
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7
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Payments
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7.1
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Youpark shall invoice its customers and collect all amounts due for the sale of Products to the customers.
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7.2
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Youpark shall pay the supplier all amounts on each month, calculated on
the basis of the revenue model stipulated in Section 11 of the
agreement. Youpark shall report to the supplier on 5 th of each month
in electronic form the relevant data (Royalty report). The revenue
share shall be paid by Youpark on receipt of an invoice from the
Supplier before the 10th of each month subsequent to the month of sale,
failing of which shall carry forward it to the next month. For example,
The Royalty report shall be sent to the supplier by the 5 th of June
and the supplier shall send the invoice to Youpark by June 10th.
Youpark shall transfer the revenue share of the supplier for the month
of May on or before 30th of June. |
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7.3
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Notwithstanding the foregoing, if the total amount due to the Supplier
is U.S. $ 100/- or less, the Youpark reserves the right to withold
payment untill the earlier of (i) the next payment date on which the
amount owed to Software Owner exceeds U.S. $ 100/-, or (ii) six months
from the original payment due date. |
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7.4
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At Youpark's discretion payments shall be made through (but not limited
to) electronic bank transfer or PayPal. If either (i) Supplier requests
a payment method other than payment method chosen by Youpark or (ii) if
Supplier requests that payments be sent outside Europe where Youpark's
preferred payment method is unavailable, Youpark reserves the right to
deduct its processing and delivery cost from the amount of the payment
[NOTE: WITHHOLDING TAX APPLY TO SOME ROYALTY PAYMENTS - BEAWARE IF
CONSIDERED SO] |
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7.5
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In the event of a refund of any Product sales or any amounts are
charged back to Youpark on account of a disputed credit card charge,
Youpark shall deduct all amounts paid to the Supplier - based on such
revenue - in future payments to the Supplier. |
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7.6
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Consistent with what has been stipulated, Youpark need not remit
payment to the Supplier for Youpark's internal installation or use of
the Products or for any trial/marketing installations. |
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7.7
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All financial records of Youpark shall be deemed accurate unless the
Supplier decides to have an independent audit to the extent reasonably
required verifying Youpark's compliance with the revenue models, at its
sole expense, the frequency of which can be once every twelve months
only. In case, such an exercise discovers a discrepancy of ten percent
(10%) or more in the Supplier's favour, Youpark shall pay the Supplier
the reasonable cost of the audit, in addition to the adjusted payment. |
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8
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Terms of the Agreement
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8.1
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The terms of the agreement/license shall come into force on the date of
signature by the last of the parties (also referred to as "effective
date") and shall expire by the first calendar year end following the 12
month anniversary of the effective date. |
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8.2
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The agreement automatically renews for successive Calendar year of
twelve (12) months period, unless either party notifies the other party
in writing, at least sixty (60) days before the end of a calendar year,
of its decision not to renew the agreement. |
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8.3
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Either party may terminate this agreement any time, and for any reason
or without a reason, by giving the other party a thirty (30) days prior
written notice (by post, fax or email). |
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8.4
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In the event of expiration of this Agreement: (i) Youpark shall not
license, sell or otherwise dispose of the Products to any third party
after such expiration or termination; and (ii) the Supplier shall be
responsible for continued support of past and future sales of the
Products. |
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8.5
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Upon the expiration of this agreement Youpark shall de-list all
Products from its site, and shall use commercially reasonable efforts
to cause the de-listing and removal of all Products from any additional
distribution channel as soon as is practical after such date. To
provide future refunds and charge backs Youpark may establish a
reasonable reserve, the balance of which, if any, shall be refunded
within three calendar months following the expiration. In the event of
any deficit not covered by the reserve, Youpark shall invoice the
Supplier for the amount of deficit. |
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8.6
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Upon expiration of this Agreement, Youpark shall deliver to Supplier
all Products, including code and documentation, covered by this
Agreement or destroy or erase any versions of such material which
cannot be returned to the Supplier. |
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8.7
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The secrecy obligations mutually undertaken shall remain into force
after the expiration of agreement for a period of five (5) years from
the date of expiration. |
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8.8 |
Some or all of the Product(s) of the Supplier may already be provided
to Youpark by any third party Aggregator(s). The Supplier shall have no
objection to his already available Product(s) but shall inform Youpark
in case the Supplier has terminated and / or expired the
Agreement/Contract with the third party Aggregator(s). The Aggregator
may be an entity collecting or aggregating Product(s) from Independent
Software Vendor(s) and supplying to Youpark. |
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8.9 |
If the Supplier is an Aggregator, it shall always inform Youpark upon
expiration and / or termination of any of the Contracts with respect to
the aggregated product(s). The Aggregator may be an entity collecting
or aggregating Product(s) from Independent Software Vendor(s) and
supplying to Youpark. |
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8.10 |
If there is a change in the terms and conditions of this agreement,
Youpark shall inform the Supplier about it by posting the revised
agreement on Youpark's website and notifying Supplier of the
modifications by e-mail and/or forwarding a copy of the revised
agreement by e-mail or by post. If the Supplier does not indicate any
objections to the changes within thirty (30) days, the changes shall be
deemed to be enforced. However, the effective date of the agreement
shall not change if any modifications are made during the term of the
agreement. |
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9
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Warranties and Indemnities
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9.1
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Each party has the right, power and authority to enter into and perform
their obligations according to the terms of this Agreement. |
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9.2
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Neither of the parties have any restrictions that would impair its
ability to perform its obligations and grant all rights incorporated in
this Agreement. |
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9.3
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Supplier is the owner or has obtained and currently holds valid and
sufficient rights, including rights in third party Intellectual
Property Rights and trademarks, to license the rights granted to
Youpark. |
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9.4
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The Supplier guarantees to a technically reasonable extent that all the
trial versions, freeware and Products do not and will not contain any
material that is libellous, defamatory, private, obscene and
pornographic. |
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9.5
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The Supplier guarantees that to a technically reasonable extent, the
content of all the trial versions, freeware and Products do not contain
any viruses, worms, Trojan horses, time bombs, or other software
routines that may negatively impact the operation of any software or
damage, interfere with, intercept, or expropriate any system data or
personal information. |
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9.6
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The Supplier warrants that it has used commercially reasonable means to
determine that the Products provided to Youpark does not infringe upon
or violate any intellectual property rights or patents. |
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9.7
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Supplier shall indemnify and hold harmless Youpark, as well as it's
sales channels and the end users, against any liability, suits, claims,
losses, damages and judgements, and shall pay all costs (including
reasonable attorney's fees) and damages to the extent that such
liability, costs or damages arise from a claim that the Supplier
infringes any intellectual property right or patent or damages any
hardware. |
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10
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General Provisions
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10.1
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Both Parties agree to use commercially reasonable efforts to market and
promote the Products and the supported products. In addition, each
Party, in its sole discretion, may offer the other Party opportunities
to jointly demonstrate market and promote the Products at trade or
other shows, seminars and/or wireless or electronic industry events.
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10.2
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The addresses provided in this agreement shall be valid addresses for
sending out any notices via e-mail or by post. It is the obligation of
each party to inform the other of the change of address, if any.
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10.3
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This Agreement is to be interpreted in accordance with the laws of
Denmark . Any dispute or litigation based on, related to or arising out
of this Agreement must be brought and maintained in Copenhagen ,
Denmark , before a court of competent jurisdiction.
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10.4
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A printed version of this Agreement and of any notice given in
electronic form shall be admissible in judicial or administrative
proceedings based upon or relating to this Agreement to the same extent
and subject to the same conditions as other business documents and
records originally generated and maintained in printed form.
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10.5
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This
agreement may be executed in any number of counterparts, each of which
when executed and delivered shall be deemed an original, and such
counterparts together shall constitute one and the same instrument. For
the purposes hereof, a printed copy or a facsimile copy including the
signature pages hereto, shall be deemed an original.
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10.6
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Neither Party shall be held responsible or liable for any losses
arising out of any delay or failure in performance of any part of this
agreement due to any unforeseen circumstances, act of God, act of
governmental authority, act of the public enemy or due to war, riot,
flood, civil commotion, insurrection, labour difficulty, severe or
adverse weather conditions, lack or shortage of electric power, failure
of performance by any third party hosting service or equipment provided
or maintained by others, including general performance of the Internet
itself, or any other cause beyond the reasonable control of the party
signatory to the agreement.
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11
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Revenue Models
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11.1
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Any trial versions of the Products provided by the Supplier pursuant to
this agreement must clearly direct the customer only to Youpark to
register and/or purchase the Products. The reference to Youpark within
the trial version of the Products must include the main URL of
Youpark’s website as www.youpark.com or a specific web page
accessible through www.youpark.com and must be displayed, at a minimum, in the
registration screen(s).
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11.2
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To the extent that the Supplier includes any link to or acknowledgement
any of its resellers on its website, in the Products, or in any other
promotional material, the Supplier should also link to or acknowledge
Youpark in a manner comparable in prominence, placement and substance
to the links or acknowledgements to those of the listed resellers.
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11.3
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For any Products sold through Youpark's basic or other channels,
Youpark shall pay the Supplier a royalty for each sale equal to
percentages of the Product Sales Price as mentioned below:
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11.3.1
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www.youpark.com; the online store where an end user can purchase the
Products uploaded to Youpark
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11.3.1.1
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Purchase through Credit Card/ Paypal: 65 % of the Gross Revenue.
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11.3.1.2
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Purchase through Premium Rate SMS Service: 70 % of the Net Revenue.
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11.3.2
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Sales and marketing arrangements with channels such as Mobile Operators, OEM: 70% of the Net Revenue
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11.3.2.1
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Apsto has the right to subsidize the content on the operator channels with respect to the territories on operator request (Only where the buying power of the user is very low, on the request of operator).
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11.3.3
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Sales and marketing arrangements with Youpark affiliate partners such
as portals, brand owners throughout the world: 65% of the Net Revenue.
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11.3.4
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Sales and marketing arrangements for corporate entities such as but not
limited to retailers, retail assistants and free phone distribution; 60
% of the Net Revenue.
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11.3.5
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Gross Revenue for a Product is defined as Total Revenue (or Product
sales price) exclusive of any Value Added Tax.
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11.3.6
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Net Revenue is defined as Gross Revenue minus channel fee (not
applicable for direct sales) and transaction costs (which may include
credit card transaction, PayPal transaction, SMS gateway transaction
and/ or any other transactions).
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11.4
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If the Products include mobile content such as animations, sounds,
vocals, true tones, ring tones, caller tones, themes, graphic files,
slide shows, wallpapers, music files, videos and/or JAVA games, the
revenue share for the Supplier will be 50% of Gross Revenue if sales
are made through youpark.com. If sales are made through any value added
sales channels, or payment is made through Premium SMS, the revenue
share will be 50% of Net Revenue.
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11.5
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The revenue share for any marketing, sales or promotional arrangement
made in addition to those mentioned in this agreement can be discussed
and agreed upon separately. In lack of such agreement to revenue share
model closed to the actual sales situation shall apply.
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11.6
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The status of the two parties will be that of independent contractors.
None of the terms set forth in this agreement create, or shall be
construed as creating, any partnership, joint venture, agency, master-
servant, employment, trust or any other relationship between the
parties. Neither party shall have the right or the power to serve as an
agent of any other party, or to act in any other way on behalf of or in
any way that might create a binding obligation to the other party.
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11.7
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By clicking the'I Agree' button below, you represent and warrant that
the information provided below is true and accurate, you are at least
18 years old, an authorized representative of the Supplier and have the
power and authority to enter into and bind Supplier to this agreement.
You and the Supplier, acknowledge that you have read this agreement,
understand it, and agree to be bound by its terms and conditions.
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Agreed and signed:
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On Behalf of [Company Name]
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Name:
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[Contact Name]
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Address:
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[Contact Address]
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Contact Number:
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[Contact Phone Number]
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Mobile:
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[Contact Mobile Number]
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Fax:
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[Contact Fax Number]
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E-Mail Address:
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[Contact E-Mail Address]
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On Behalf of Apsto ApS:
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Name:
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Umar Akram
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Designation:
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CEO
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Address:
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Diplomvaj 318, 2800 Lyngby, Denmark
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E-mail Address:
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bizdev@youpark.com
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| Updated version 3.0 |
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