Service Contract for Development and Design

Definitions

Developer: Name of Individual issuing this contract

Client: Name of Company or individual entering into this contract with the Developer

Services: Any task or series of tasks done by the Developer on request from the Client, or as part of fulfilling a request from the Client

Product: Any code, images, markup, scripts, content created by the Developer while performing Services

Intangibles: Knowledge about solutions to problems, methods, or designs

Terms

1. Rate: The Developer shall be paid ___% of the ad revenue generated by the app. Credentials for the ad serving software to be used shall be provided to the Developer by the Client.

2. Payment: The Client shall send payment to the Developer within 30 days of receiving ad revenue from the app. Payment will be held in escrow until an amount of $50 is accumulated.

   1. Late Payment: If a payment is more than 7 days late, no Services will be performed for the Client until payment is received.

3. Copyright: Copyright of all Products created while performing Services for the Client will be transferred to the Client upon receipt of payment in full, except in the cases described below.

4. Copyright Exceptions

   1. The Developer reserves the right to reuse and re-license portions of the created Product as desired, as long as the portions are general solutions to common problems and are not specific to the Clients product.
   2. Any portions of the Product whose copyright is withheld by the developer are licensed to the Client for use in the Product under the MIT license: http://www.opensource.org/licenses/mit-license.php
   3. The Client will only be billed for portions of the Product which were created during the effective period of this contract and created while performing Services for the Client.

5. Intangible Property: The Developer retains ownership of all Intangibles gained by the Developer (that are not previously owned by the Client) while providing Services.

6. Termination: Either party must give at least 14 days notice to the other party before termination. This contract may only be terminated after all outstanding invoices have been paid in full.

7. Changes: Either party may request to modify the terms of this contract at any time. When both parties consent to new terms and a new contract is signed, this contract is terminated immediately.