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Software Licence Agreement
"I need a Software Licence Agreement under Singapore law for licensing our enterprise resource planning software to a multinational manufacturer, including source code escrow provisions and specific performance metrics for system uptime."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement including software description, territory, and license type
4. Grant of License: Scope and nature of the license being granted, including usage rights and restrictions
5. License Fees: Payment terms, conditions, and fee structure
6. Intellectual Property Rights: Ownership and protection of IP rights, including third-party rights
7. Confidentiality: Protection of confidential information and trade secrets
8. Term and Termination: Duration of agreement, renewal terms, and termination provisions
9. Warranties and Representations: Warranties provided by both parties and disclaimer of warranties
10. Limitation of Liability: Caps on liability and exclusions of certain types of damages
11. Data Protection: Compliance with PDPA and data handling requirements
12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Source Code Escrow: Terms for source code protection and release conditions for business-critical software
2. Professional Services: Terms for implementation, training, or consulting services if provided
3. Service Level Agreement: Performance standards and metrics for SaaS arrangements
4. Export Controls: Compliance with export regulations for international licensing
5. Insurance: Insurance requirements and coverage specifications
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fee Schedule: Detailed breakdown of fees, payment terms, and pricing structure
3. Schedule 3 - Service Level Requirements: Performance metrics, support levels, and response times
4. Schedule 4 - Support and Maintenance Terms: Details of support services, maintenance obligations, and procedures
5. Schedule 5 - Acceptable Use Policy: Terms governing proper use of the software and restrictions
6. Schedule 6 - Data Processing Agreement: Detailed terms for handling personal data in compliance with PDPA
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