The Customer List Purchase Agreement is essential for businesses operating in Indonesia that wish to legally acquire or transfer customer databases as part of their commercial operations. This document is particularly relevant in the context of business acquisitions, marketing partnerships, or strategic growth initiatives. It must comply with Indonesia's PDP Law (Law No. 27 of 2022) and related regulations governing personal data protection. The agreement typically includes detailed specifications of the customer data being transferred, data protection obligations, usage restrictions, and warranties regarding data accuracy and legitimate collection. It's crucial for businesses to use this agreement to ensure regulatory compliance and protect both parties' interests when transferring valuable customer information.
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1. Parties: Identification of the seller and purchaser of the customer list
2. Background: Context of the transaction and brief description of the customer list being sold
3. Definitions: Key terms used throughout the agreement, including 'Customer List', 'Personal Data', 'Confidential Information'
4. Sale and Purchase: Core transaction terms including the description of the customer list and transfer mechanics
5. Purchase Price and Payment: Financial terms including price, payment method, and timing
6. Data Protection Compliance: Obligations under Indonesian PDP Law and data protection regulations
7. Seller's Warranties: Warranties regarding ownership, accuracy, and legality of the customer list
8. Purchaser's Warranties: Warranties regarding proper use and handling of the customer data
9. Confidentiality: Obligations to maintain confidentiality of the customer list and transaction
10. Transfer Process: Technical and practical steps for transferring the customer list
11. Post-Transfer Obligations: Ongoing obligations after the transfer is complete
12. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction details
1. Non-Competition: Restrictions on seller's future use of customer information, if applicable
2. Data Security Requirements: Specific technical requirements for data security, if needed for sensitive data
3. Transition Services: Additional services provided by seller to assist with customer transition
4. Third Party Consents: Process for obtaining necessary third-party consents, if required
5. Audit Rights: Purchaser's rights to audit the accuracy and completeness of the customer list
6. Insurance: Requirements for insurance coverage related to data protection
7. Force Majeure: Provisions for unforeseen circumstances affecting the transfer
1. Schedule 1 - Customer List Specification: Detailed description of the customer list contents and format
2. Schedule 2 - Transfer Protocol: Technical specifications for the transfer process
3. Schedule 3 - Data Fields: Detailed list of data fields included in the customer list
4. Schedule 4 - Excluded Customers: List of any customers explicitly excluded from the transfer
5. Schedule 5 - Form of Customer Notice: Template for notifying customers about the transfer of their data
6. Appendix A - Data Protection Requirements: Specific requirements under Indonesian PDP Law
7. Appendix B - Security Standards: Required security standards for handling the customer data
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