Data License Agreement Template for Singapore

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Key Requirements PROMPT example:

Data License Agreement

"I need a Data License Agreement for my fintech company to license customer transaction data to a third-party analytics provider in Singapore, with strict data protection measures and quarterly audit requirements."

What is a Data License Agreement?

The Data License Agreement is essential for organizations in Singapore seeking to formalize the sharing, use, and protection of data assets. This agreement type is particularly relevant given Singapore's comprehensive data protection framework under the PDPA and related regulations. It should be used whenever one party wishes to grant another party rights to use specific data sets while maintaining control over how the data is used and ensuring compliance with Singapore's data protection requirements. The agreement typically covers scope of use, security measures, confidentiality obligations, and compliance with local and international data protection laws.

What sections should be included in a Data License Agreement?

1. Parties: Identification of the licensor and licensee, including full legal names and addresses

2. Background: Context of the agreement and brief description of the data being licensed

3. Definitions: Key terms used throughout the agreement, including 'Data', 'Licensed Rights', 'Permitted Purpose'

4. License Grant: Scope of the license, including permitted uses and restrictions

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Data Protection and Security: Obligations regarding data security and compliance with privacy laws

7. Warranties and Representations: Assurances about data quality, ownership, and compliance

8. Liability and Indemnification: Allocation of risks and responsibilities between parties

What sections are optional to include in a Data License Agreement?

1. Fees and Payment Terms: Commercial terms for paid licenses, including pricing, payment schedules, and invoicing requirements

2. Service Levels: Performance standards for data delivery and availability, applicable for real-time or ongoing data access arrangements

3. Audit Rights: Provisions for auditing licensee's use of data, particularly relevant for sensitive data or complex usage restrictions

4. Cross-border Transfer Provisions: Requirements and compliance obligations for international data transfers outside Singapore

What schedules should be included in a Data License Agreement?

1. Data Description Schedule: Detailed description of licensed data, including format and specifications

2. Security Requirements: Technical and organizational security measures required for data protection

3. Permitted Purpose Details: Detailed description of allowed uses of the licensed data

4. Fee Schedule: Detailed pricing and payment terms for paid licenses

5. Service Level Agreement: Detailed performance metrics and standards for data delivery and availability

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Healthcare
Technology
Research and Academia
Retail

Relevant Teams

Legal
Compliance
Information Technology
Data Management
Risk Management
Information Security

Relevant Roles

Chief Data Officer
Data Protection Officer
Chief Technology Officer
Legal Counsel
Compliance Manager
Data Manager

Industries

Personal Data Protection Act 2012 (PDPA): Singapore's primary data protection legislation that governs the collection, use, disclosure, and care of personal data. It provides a baseline standard for personal data protection in Singapore.

PDPA Regulations: Subsidiary legislation under the PDPA that provides specific requirements and obligations for organizations handling personal data.

PDPC Advisory Guidelines: Guidelines issued by the Personal Data Protection Commission providing practical guidance for organizations to comply with the PDPA.

Banking Act: Regulates the banking industry in Singapore, including provisions for banking secrecy and data protection in financial institutions.

Healthcare Services Act: Governs healthcare services and includes provisions for protecting healthcare-related data and patient information.

Cybersecurity Act 2018: Establishes a framework for the protection of critical information infrastructure and cybersecurity in Singapore.

Copyright Act: Protects original works and databases, relevant for licensing agreements involving data compilations and databases.

Trade Secrets Act 2018: Provides protection for confidential information and trade secrets, including proprietary data.

Contract Law (Chapter 53): Singapore's primary contract law that governs the formation and enforcement of contracts, including license agreements.

Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures, relevant for digital data licensing.

MAS Guidelines: Regulatory guidelines issued by the Monetary Authority of Singapore specific to data handling in the financial sector.

Cross-border Data Transfer Regulations: Requirements under the PDPA for transferring personal data outside of Singapore, including the need for comparable protection standards.

APEC Cross-Border Privacy Rules: Regional framework for cross-border data transfers within APEC member economies.

GDPR Compliance Requirements: European Union's General Data Protection Regulation requirements that may apply if dealing with EU data subjects or organizations.

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Third Party License

A Singapore-law governed agreement establishing terms for third party use of intellectual property or proprietary assets.

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Let's create your Data License Agreement

What is a Data License Agreement?

What sections should be included in a Data License Agreement?

What sections are optional to include in a Data License Agreement?

What schedules should be included in a Data License Agreement?

Authors

Alex Denne

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