The Business Relationship Contract serves as a foundational document for establishing formal business partnerships in Singapore. It is particularly useful when entities wish to formalize their commercial arrangements while ensuring compliance with Singapore's legal framework. The document typically includes provisions for scope of services, commercial terms, confidentiality, intellectual property rights, and dispute resolution mechanisms. This contract type is essential for protecting parties' interests while facilitating smooth business operations under Singapore jurisdiction.
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1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Scope of Relationship: Detailed description of business arrangement
5. Term and Termination: Duration and ending conditions
6. Confidentiality: Protection of sensitive information
7. Governing Law: Applicable law and jurisdiction (Singapore)
1. Intellectual Property: IP rights and obligations - include when IP assets are involved in the relationship
2. Data Protection: PDPA compliance obligations - include when personal data processing is involved
3. Non-Competition: Competitive restrictions - include when protecting market position is crucial
4. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term relationships
1. Services Schedule: Detailed scope of services and deliverables
2. Commercial Terms Schedule: Pricing, payment terms, and commercial conditions
3. KPIs Schedule: Performance metrics and standards for the relationship
4. Contact Details Schedule: Key personnel and communication protocols
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