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Development Fee Agreement
"I need a Development Fee Agreement for a mobile app development project with a Singapore-based developer, including milestone-based payments and strict IP protection clauses, to be completed by March 2025."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the development agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Development Services: Detailed description of development work to be performed
5. Development Fees and Payment Terms: Fee structure, payment schedule, and payment conditions
6. Timeline and Deliverables: Project milestones and delivery schedules
7. Intellectual Property Rights: Ownership and licensing of developed materials
8. Confidentiality: Protection of confidential information
9. Term and Termination: Duration and termination provisions
10. Representations and Warranties: Standard warranties and representations from both parties
11. Liability and Indemnification: Limitations of liability and indemnification obligations
12. Governing Law and Dispute Resolution: Choice of law and dispute resolution mechanisms
1. Change Management: Procedures for handling scope changes and change requests during development
2. Service Levels: Performance metrics, standards, and remedies for non-compliance
3. Source Code Escrow: Terms for source code protection and escrow arrangements
4. Training and Support: Terms for post-development training and ongoing support services
5. Data Protection: Specific provisions for handling personal data under PDPA
6. Force Majeure: Provisions for handling unforeseen circumstances and events beyond parties' control
1. Schedule 1 - Development Specifications: Detailed technical requirements and specifications for the development work
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment milestones, and payment terms
3. Schedule 3 - Project Timeline: Detailed project schedule, milestones, and delivery dates
4. Schedule 4 - Acceptance Criteria: Specific criteria and testing procedures for accepting deliverables
5. Schedule 5 - Service Level Requirements: Detailed performance metrics, standards, and measurement criteria
6. Schedule 6 - Key Personnel: List of key personnel from both parties involved in the development project
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