Revenue sharing agreement with SkillsWave, LLC and 3 more items

The University of Nebraska-Lincoln has awarded a Learning Provider Agreement to SkillsWave LLC, a Maryland-based company, effective August 1, 2025, through July 31, 2027. The contract establishes a commercial partnership focused on promoting and facilitating educational programs through SkillsWave's cloud-based platform, with key services including program listing, learner engagement, program discovery, and administrative support for professional and continuing education initiatives.

Under the agreement's revenue-sharing model, SkillsWave will receive 25% of gross revenue from program sales, with the University retaining 75%. The contract encompasses multiple line items such as revenue sharing, learning provider program management, program participation and listing services, and program changes and deprecation services. No upfront monetary commitment is specified, and the contract includes provisions for data sharing, intellectual property rights, confidentiality, and mutual support responsibilities, with automatic renewal options after the initial two-year term.