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On Premise Software License Agreement Template for Singapore

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Key Requirements PROMPT example:

On Premise Software License Agreement

"Need an On Premise Software License Agreement for a financial analytics software deployment to a Singapore bank, including source code escrow provisions and strict data security requirements for handling customer financial data, to be effective from March 2025."

Document background
The On Premise Software License Agreement is essential when organizations need to deploy software within their own infrastructure. This agreement, governed by Singapore law, provides the legal framework for software licensing, defining the scope of use, protection of intellectual property rights, and compliance requirements. It addresses key aspects such as installation rights, user limitations, maintenance, and support services while ensuring alignment with Singapore's regulatory environment, including data protection and cybersecurity requirements. This document is particularly crucial for businesses requiring control over their software environment while maintaining legal compliance.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context and purpose of the license agreement

3. Definitions: Key terms used throughout the agreement

4. License Grant: Scope and nature of the software license

5. License Restrictions: Limitations on use and prohibited activities

6. Intellectual Property Rights: Ownership and protection of IP

7. Fees and Payment: License fees, payment terms, and conditions

8. Term and Termination: Duration and termination conditions

9. Warranties and Disclaimers: Software warranties and liability limitations

Optional Sections

1. Professional Services: Implementation and support services when additional services are provided with the software

2. Service Levels: Performance standards and metrics when specific performance guarantees are required

3. Source Code Escrow: Source code access conditions when source code access might be needed

4. Data Protection: Specific data handling requirements when personal data processing is involved

Suggested Schedules

1. Schedule 1 - Software Description: Detailed description of licensed software and components

2. Schedule 2 - License Fees: Detailed fee structure and payment schedule

3. Schedule 3 - Technical Requirements: Hardware and system requirements

4. Schedule 4 - Support Services: Description of support and maintenance services

5. Schedule 5 - Service Level Agreement: Detailed performance metrics and remedies

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Industries

Copyright Act (2021): Primary legislation governing software copyright protection, including rights of copyright owners, license provisions, restrictions, and regulations on software modifications and reverse engineering

Personal Data Protection Act (PDPA) 2012: Legislation governing data protection obligations, cross-border data transfer requirements, data security measures, and user data handling and privacy requirements

Computer Misuse Act: Addresses unauthorized access and modification of computer material, security breach provisions, and cybersecurity requirements

Contract Law (Common Law): Governs formation of contract, terms and conditions, remedies for breach, and termination provisions under Singapore's common law system

Competition Act: Regulates anti-competitive provisions, fair licensing terms, and market restrictions in software licensing

Consumer Protection (Fair Trading) Act: Protects consumer rights, regulates unfair practices, and provides consumer protection in cases where licensee is a consumer

Electronic Transactions Act: Governs electronic contracts, digital signatures, and electronic records in software licensing agreements

Intellectual Property Laws: Comprehensive framework including patent protection, trade secret protection, and trademark protection relevant to software licensing

International Treaties: Including TRIPS Agreement and other international IP treaties affecting cross-border enforcement and international obligations

Industry-specific Regulations: Specific compliance requirements for software used in regulated industries such as banking and healthcare

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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