The Nominee Agreement Template is essential for businesses and individuals operating in Singapore who require nominee arrangements for various legitimate purposes. This document is particularly relevant when establishing holding structures, managing assets, or maintaining confidentiality while ensuring compliance with Singapore's regulatory requirements. The agreement encompasses all necessary provisions required by Singapore law, including anti-money laundering compliance, disclosure obligations, and corporate governance requirements. It serves as a comprehensive framework for defining the nominee relationship, protecting both parties' interests, and ensuring transparency with regulatory authorities.
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1. Parties: Identification of the nominator and nominee
2. Background: Context and purpose of the nominee arrangement
3. Definitions: Key terms used in the agreement
4. Appointment: Terms of nominee appointment and scope
5. Duties and Obligations: Responsibilities of both parties
6. Indemnification: Protection and liability provisions
7. Term and Termination: Duration and ending of arrangement
8. Governing Law: Applicable law and jurisdiction
1. Remuneration: Payment terms for nominee services when provided for a fee
2. Confidentiality: Non-disclosure provisions for protecting sensitive information
3. Assignment: Provisions governing the transfer of rights and obligations under the agreement
4. Insurance: Requirements for insurance coverage and risk management
1. Schedule of Assets: List of assets covered by the nominee arrangement
2. Fee Schedule: Detailed breakdown of fees and charges
3. Powers of Attorney: Associated powers granted to nominee
4. KYC Documentation: Required identification and verification documents
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