Document background
The Non-Exclusive Agreement is essential in Singapore's dynamic business environment where flexibility in commercial relationships is crucial. This document establishes clear parameters for non-exclusive business arrangements while adhering to Singapore's legal framework, including the Civil Law Act and relevant commercial legislation. It's particularly valuable when parties want to maintain the freedom to engage with multiple partners while ensuring clear rights, obligations, and protections. The agreement typically covers scope of rights, payment terms, duration, termination conditions, and dispute resolution mechanisms under Singapore law.
