Irrevocable License for Singapore

Irrevocable License Template for Singapore

A Singapore-governed Irrevocable License is a legally binding agreement that grants permanent, non-revocable rights to use specific intellectual property or assets. Under Singapore law, this document provides robust protection for both parties, incorporating provisions from the Copyright Act, Patents Act, and relevant Singapore statutes. The agreement's irrevocable nature means the licensor cannot unilaterally terminate the rights granted, offering significant security to the licensee.

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What is a Irrevocable License?

An Irrevocable License is utilized when parties seek to establish a permanent, unbreakable licensing arrangement under Singapore law. This document type is particularly relevant when the licensee requires guaranteed, ongoing access to intellectual property or other assets, and the licensor is willing to permanently grant such rights. The agreement typically includes detailed provisions about usage rights, quality control, territory restrictions, and payment terms, all structured within Singapore's robust legal framework for intellectual property and contract law.

What sections should be included in a Irrevocable License?

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

2. Background: Context of the license agreement and brief description of the subject matter

3. Definitions: Key terms used throughout the agreement

4. Grant of License: Explicit statement of the irrevocable license terms and scope

5. Duration: Term of the license and confirmation of its irrevocable nature

6. Payment Terms: Financial considerations, royalties, and payment schedule

7. Use Rights and Restrictions: Specific permitted uses and limitations of the licensed property

8. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Irrevocable License?

1. Quality Control: Standards and requirements for use of licensed property when licensing trademarks or branded content

2. Territory: Geographic scope of the license when territory-specific restrictions apply

3. Sublicensing Rights: Terms for sublicensing if permitted, including conditions and restrictions

4. Data Protection: PDPA compliance provisions when personal data is involved in the license agreement

What schedules should be included in a Irrevocable License?

1. Schedule 1: Licensed Property: Detailed description of the intellectual property being licensed

2. Schedule 2: Technical Specifications: Technical details and requirements for use of licensed property

3. Schedule 3: Fee Schedule: Detailed breakdown of payment terms and calculations

4. Schedule 4: Quality Control Standards: Specific quality requirements and compliance measures

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Alex Denne

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

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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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What is a Irrevocable License?

What sections should be included in a Irrevocable License?

What sections are optional to include in a Irrevocable License?

What schedules should be included in a Irrevocable License?

Authors

Alex Denne

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