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License Transfer Agreement
"I need a License Transfer Agreement under Singapore law to transfer our software development license from our subsidiary to a third-party company, with payment to be made in three installments starting March 2025."
1. Parties: Identification of the licensor and licensee
2. Background: Context of the license transfer and existing arrangements
3. Definitions: Key terms used throughout the agreement
4. Subject Matter of Transfer: Details of the license being transferred
5. Consideration: Payment terms and conditions
6. Effective Date: When the transfer takes effect
7. Representations and Warranties: Statements of fact and promises by both parties
8. Governing Law: Specification of Singapore law as governing law
1. Consent Requirements: Required when original license agreement requires consent for transfer
2. Regulatory Approvals: Details of required regulatory approvals for the transfer
3. Transitional Provisions: Arrangements for smooth transition of license
4. Tax Provisions: Treatment of tax implications of the transfer
1. Original License Agreement: Copy of the license being transferred
2. Consent Documents: Any required third-party consents
3. Transfer Details: Specific details of rights and obligations being transferred
4. Payment Schedule: If payment is to be made in installments
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³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.