Product License for Singapore

Product License Template for Singapore

A Product License agreement under Singapore law establishes the terms and conditions under which a product owner (licensor) grants usage rights to another party (licensee). This document incorporates Singapore's robust intellectual property framework, including provisions from the Copyright Act 2021 and Consumer Protection laws. It details the scope of the license, usage restrictions, payment terms, and compliance requirements specific to Singapore's jurisdiction.

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What is a Product License?

The Product License agreement is essential when a business wishes to grant another party the right to use their product while maintaining ownership rights. This document, governed by Singapore law, outlines the specific terms of use, restrictions, payment obligations, and compliance requirements. It's particularly relevant in today's digital economy where licensing has become a prevalent business model. The agreement ensures protection under Singapore's comprehensive legal framework, including intellectual property laws, consumer protection regulations, and data privacy requirements.

What sections should be included in a Product License?

1. Parties: Identifies the licensor and licensee with full legal details

2. Background: Context of the license agreement and product description

3. Definitions: Key terms used throughout the agreement

4. License Grant: Scope and nature of the license being granted

5. License Restrictions: Limitations and prohibited uses of the licensed product

6. Payment Terms: License fees, payment schedule, and related terms

7. Intellectual Property Rights: Protection of IP rights and ownership declarations

8. Warranties and Representations: Warranties provided by licensor and disclaimers

9. Term and Termination: Duration of license and termination conditions

10. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction

What sections are optional to include in a Product License?

1. Territory Restrictions: Geographic limitations on license use - include when license is restricted to specific regions

2. Maintenance and Support: Terms for ongoing product support and updates - include when offering technical support services

3. Export Controls: Export compliance requirements - include when product may be subject to export regulations

4. Data Protection: PDPA compliance requirements - include when personal data processing is involved

5. Source Code Escrow: Terms for source code protection - include for software products with critical business applications

What schedules should be included in a Product License?

1. Schedule 1 - Product Specifications: Detailed technical specifications of the licensed product

2. Schedule 2 - Price List: Detailed pricing structure and payment terms

3. Schedule 3 - Service Level Agreement: Support and maintenance terms if applicable

4. Schedule 4 - Acceptable Use Policy: Detailed terms of acceptable product usage

5. Schedule 5 - Data Processing Agreement: Terms governing the processing of personal data under PDPA

Authors

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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Clauses

Relevant Industries

Software and Technology
Manufacturing
Pharmaceuticals
Consumer Goods

Relevant Teams

Legal
Product Development
Sales
Finance
Compliance

Relevant Roles

Chief Technology Officer
Legal Counsel
Product Manager
Licensing Manager
Commercial Director

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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 Product License?

What sections should be included in a Product License?

What sections are optional to include in a Product License?

What schedules should be included in a Product License?

Authors

Alex Denne

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Third Party License

User Licence

Under Licence Agreement

Trademark Agreement

Trade Secret License

Technology License Agreement

Technology License

Sublicense

Sublicensable License

Sole License

Software Installation Agreement

Single Use License

Simple Trademark License Agreement

Simple License Agreement

Short Term License Agreement

Sampling License

Royalty License

Royalty Bearing License

Room License Agreement

Revocable License To Use Property

Revocable License

Research License

Rent A Room Licence Agreement

Proprietary License Software

Portfolio License Agreement

Perpetual Trademark License

Perpetual Irrevocable License

Patent Licence

Patent Cross License

Open Source EULA

Open Source Copyright License

Open License Agreement

Open Copyright License

Open Content License

Non Transferable License

Music License For Commercial Use

Mutual License Agreement

Non Perpetual License

Non Exclusive Perpetual License

Non Exclusive Patent License

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