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Vending Machine Placement Agreement
"Need a Vending Machine Placement Agreement for installing 5 beverage machines in a Singapore university campus, with 70-30 revenue split in our favor and quarterly maintenance schedule, starting March 2025."
1. Parties: Identifies the machine owner/operator and property owner/manager
2. Background: Explains context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement including 'Vending Machines', 'Location', 'Commencement Date', 'Term'
4. Term and Renewal: Specifies duration of the agreement and conditions for renewal
5. Location and Installation: Details the exact placement location and installation requirements for the vending machines
6. Operating Requirements: Specifies operational standards, hours of operation, and compliance with relevant regulations
7. Maintenance and Repairs: Outlines maintenance obligations, repair procedures, and response times
8. Revenue Sharing: Details financial arrangements between parties including payment terms and reporting requirements
9. Insurance and Liability: Specifies insurance requirements and allocation of liability between parties
10. Termination: Sets out grounds for termination and consequences of termination
1. Utilities: Addresses electricity costs and responsibilities, including payment arrangements and usage limits
2. Marketing Rights: Covers advertising and promotional rights on or around the vending machines
3. Data Collection: Addresses collection, use, and protection of customer data in compliance with PDPA
4. Exclusivity: Grants exclusive rights within specified area and restrictions on competing machines
1. Schedule 1: Machine Specifications: Technical details of vending machines including dimensions, power requirements, and compliance certifications
2. Schedule 2: Location Plan: Detailed plan showing exact machine placement locations and access routes
3. Schedule 3: Revenue Sharing Calculations: Detailed breakdown of revenue sharing formula and payment calculations
4. Schedule 4: Maintenance Schedule: Required maintenance activities, frequencies, and quality standards
5. Schedule 5: Insurance Requirements: Detailed insurance coverage requirements including minimum coverage amounts
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