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License And Supply Agreement Template for Singapore

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Key Requirements PROMPT example:

License And Supply Agreement

"I need a License and Supply Agreement for my Singapore-based software company to license our AI technology to a manufacturing company in Malaysia, including ongoing supply of software updates and technical support, starting from March 2025."

Document background
The License And Supply Agreement is essential for businesses seeking to establish a formal relationship that combines intellectual property licensing with product or service supply arrangements. This document is particularly relevant under Singapore law, which offers strong IP protection and clear commercial frameworks. It's commonly used when a party wishes to license technology, trademarks, or other IP while also establishing a steady supply chain for related products or services. The agreement covers critical elements including license scope, territory rights, supply terms, quality standards, and compliance with Singapore's regulatory requirements, making it suitable for both domestic and international commercial relationships.
Suggested Sections

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

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. License Grant: Scope, nature, and terms of the license

5. Supply Terms: Terms and conditions for supply of goods/services

6. Payment Terms: Pricing, payment schedule, and payment methods

7. Intellectual Property Rights: IP ownership, protection, and permitted usage

8. Term and Termination: Duration and termination provisions

9. Governing Law: Singapore law provisions and jurisdiction

Optional Sections

1. Territory Restrictions: Geographic limitations on license/supply - include when territory restrictions apply

2. Minimum Purchase Requirements: Minimum order quantities or values - include for exclusive supply arrangements

3. Quality Control: Quality standards and testing procedures - include for manufacturing or product-based agreements

4. Training and Support: Terms for technical support and training - include when technical assistance is required

5. Data Protection: PDPA compliance provisions - include when personal data is processed

Suggested Schedules

1. Schedule 1 - Licensed Products/Technology: Detailed description of licensed items

2. Schedule 2 - Price List: Pricing details and payment terms

3. Schedule 3 - Technical Specifications: Product specifications and standards

4. Schedule 4 - Service Level Agreement: Performance metrics and service standards

5. Schedule 5 - Territory Definition: Detailed description of licensed territory

6. Schedule 6 - Quality Control Procedures: Quality assurance processes and standards

Authors

Alex Denne

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

Relevant legal definitions































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Industries

Sale of Goods Act (Cap. 393): Primary legislation governing the sale and supply of goods in Singapore, defining rights and obligations of parties in sales contracts

Contract Law (Amendment) Act 2023: Recent updates to Singapore's contract law framework, including electronic contracts and modern commercial practices

Patents Act (Cap. 221): Governs patent rights and protection in Singapore, crucial for licensing agreements involving patented technology

Copyright Act 2021: Modern framework for copyright protection in Singapore, essential for licensing of copyrighted materials

Trade Marks Act (Cap. 332): Regulates trademark protection and licensing in Singapore

Competition Act (Cap. 50B): Ensures fair competition and prevents anti-competitive practices in licensing and supply arrangements

Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in supply agreements

Regulation of Imports and Exports Act: Governs international trade requirements and compliance for supply agreements crossing borders

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data if involved in the agreement

Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures in contracts

Arbitration Act: Framework for arbitration as a dispute resolution mechanism in Singapore

Mediation Act: Provides structure for mediation processes in dispute resolution

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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