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Cloud Hosting Agreement Template
I need a Cloud Hosting Agreement Template for my Singapore-based fintech startup that will be using AWS cloud services, with specific emphasis on financial data protection and compliance with MAS guidelines, planned to commence from March 2025.
1. Parties: Identification of cloud service provider and customer, including registered addresses and company details
2. Background: Context of the agreement and brief description of the services to be provided
3. Definitions: Key terms used tHRoughout the agreement, including technical terminology
4. Services: Detailed description of cloud hosting services, specifications, and service levels
5. Data Protection and Security: PDPA compliance measures, security protocols, and data handling procedures
6. Service Level Agreement: Performance metrics, availability guarantees, and remedies for breach
7. Fees and Payment: Pricing structure, payment terms, and billing procedures
8. Term and Termination: Duration, renewal terms, and termination conditions
1. Disaster Recovery: Business continuity procedures and recovery protocols for enterprise-level agreements or critical services
2. Professional Services: Additional implementation, training, or support services beyond basic hosting
3. Compliance Reporting: Regular compliance reporting and audit requirements for regulated industries or government contracts
4. Multi-jurisdiction Provisions: Specific provisions for cross-border services when operating across multiple jurisdictions
1. Schedule 1 - Service Level Agreement Details: Detailed metrics, measurement methods, and remedies for service level breaches
2. Schedule 2 - Technical Specifications: Detailed technical requirements and infrastructure specifications
3. Schedule 3 - Security Policies: Detailed security protocols and compliance requirements
4. Schedule 4 - Pricing Schedule: Detailed pricing structure and additional charges
5. Schedule 5 - Data Processing Agreement: Detailed data handling procedures and compliance measures
6. Schedule 6 - Exit Plan: Detailed procedures for service termination and data migration
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