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Software Development And License Agreement
"I need a Software Development And License Agreement for my fintech startup to engage a development company to build a mobile payment app, with source code ownership and strict data protection requirements under Singapore law."
1. Parties: Details of contracting parties, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of parties' intentions
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of software development services and deliverables
5. Project Timeline: Development phases, milestones, and delivery dates
6. License Grant: Terms of software license, usage rights, and restrictions
7. Intellectual Property Rights: Ownership of IP, including pre-existing IP and newly developed software
8. Payment Terms: Fees, payment schedule, and invoicing requirements
9. Warranties and Representations: Standard warranties regarding services and deliverables
10. Term and Termination: Duration of agreement and termination provisions
1. Change Management: Process for handling change requests during software development
2. Service Level Agreement: Performance metrics and support requirements for the software
3. Data Protection: PDPA compliance requirements and data handling procedures
4. Source Code Escrow: Terms for source code deposit and release conditions
5. Cloud Services: Cloud hosting and security requirements for cloud-based solutions
1. Technical Specifications: Detailed technical requirements and functionality of the software
2. Service Level Requirements: Specific performance metrics and response times for support
3. Price Schedule: Detailed breakdown of fees and payment milestones
4. Acceptance Test Criteria: Specific criteria for accepting software deliverables
5. Third-Party Software: List of third-party components and their licenses
6. Data Processing Agreement: Detailed terms for handling personal data under PDPA
7. Project Plan: Detailed timeline and resource allocation for the development project
Authors
Acceptance Tests
Affiliate
Agreement
Background IP
Business Day
Change Request
Confidential Information
Custom Software
Defect
Deliverables
Development Services
Documentation
Effective Date
Fees
Force Majeure Event
Intellectual Property Rights
License
Maintenance Services
Milestones
Open Source Software
Personal Data
Project Plan
Project Timeline
Schedule
Services
Service Levels
Software
Source Code
Specifications
Support Services
Term
Third Party Software
Updates
User Acceptance Testing
Warranty Period
Development Methodology
Delivery and Acceptance
License Grant
Intellectual Property Rights
Third Party Components
Payment Terms
Change Management
Warranties
Service Levels
Support and Maintenance
Documentation
Training
Confidentiality
Data Protection
Security Requirements
Audit Rights
Performance Monitoring
Source Code Escrow
Force Majeure
Limitation of Liability
Indemnification
Insurance
Term and Termination
Exit Assistance
Assignment and Subcontracting
Non-Solicitation
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendments
Waiver
Relationship of Parties
Counterparts
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