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Data License Agreement
"I need a Data License Agreement for licensing financial market data to banking institutions in Hong Kong, with strict data security protocols and real-time data access requirements, to be effective from March 1, 2025."
1. Parties: Identification of the licensor and licensee, including full legal names, registration details, and addresses
2. Background: Context of the agreement, nature of the data, and general purpose of the licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Data', 'Intellectual Property Rights', 'Permitted Purpose', and 'Confidential Information'
4. License Grant: Scope of the license, including permitted uses, restrictions, and whether the license is exclusive or non-exclusive
5. Data Delivery and Format: Specifications for how and when the data will be delivered, including format requirements and delivery mechanisms
6. License Fees and Payment Terms: Financial terms, payment schedule, and any usage-based fee calculations
7. Data Protection and Security: Obligations regarding data security, compliance with PDPO, and data handling requirements
8. Intellectual Property Rights: Ownership of IP rights, restrictions on use, and protection of proprietary rights
9. Confidentiality: Obligations regarding confidential information and data security
10. Warranties and Representations: Warranties regarding data quality, accuracy, and compliance with laws
11. Limitation of Liability: Limitations on liability and indemnification provisions
12. Term and Termination: Duration of the agreement, renewal terms, and termination rights
13. Post-Termination Obligations: Requirements for data deletion or return upon termination
14. General Provisions: Standard boilerplate clauses including governing law, dispute resolution, and entire agreement
1. Audit Rights: Rights to audit licensee's use of data and compliance with agreement terms - include when dealing with sensitive or regulated data
2. Data Updates and Maintenance: Terms for ongoing data updates and maintenance - include when the license involves dynamic or regularly updated data
3. Sub-licensing Rights: Terms governing the licensee's right to sub-license the data - include when sub-licensing is permitted
4. Territory Restrictions: Geographic limitations on data use - include for international licensing arrangements
5. Data Quality Standards: Specific quality metrics and standards - include when data quality is critical to the use case
6. Service Levels: Performance metrics for data delivery and availability - include for real-time or critical data services
7. Change Control: Process for managing changes to data format or delivery - include for complex or long-term arrangements
1. Schedule 1 - Licensed Data Description: Detailed technical specifications of the licensed data, including format, fields, and structure
2. Schedule 2 - Fee Schedule: Detailed breakdown of license fees, payment terms, and calculation methodologies
3. Schedule 3 - Technical Requirements: Technical specifications for data delivery, access methods, and security requirements
4. Schedule 4 - Service Levels: Detailed service level requirements and metrics, if applicable
5. Schedule 5 - Permitted Purpose and Use Cases: Detailed description of authorized uses and specific use case limitations
6. Appendix A - Data Security Requirements: Specific security protocols and requirements for data handling
7. Appendix B - Form of Reports: Templates for required reporting on data usage or compliance
Authors
Financial Services
Technology
Healthcare
E-commerce
Research and Development
Manufacturing
Telecommunications
Professional Services
Media and Entertainment
Education
Real Estate
Insurance
Market Research
Transportation and Logistics
Retail
Legal
Compliance
Data Management
Information Technology
Information Security
Business Development
Risk Management
Commercial Operations
Privacy
Research and Development
Product Management
Data Analytics
Contract Management
Intellectual Property
Enterprise Architecture
Chief Data Officer
Data Protection Officer
Legal Counsel
Privacy Counsel
Commercial Director
Chief Technology Officer
Data Analytics Manager
Compliance Officer
Information Security Manager
Business Development Manager
Contract Manager
Risk Manager
IP Counsel
Chief Information Officer
Data Governance Manager
Find the exact document you need
Data License Agreement
A Hong Kong law-governed agreement establishing terms for licensed data usage, including privacy compliance, security requirements, and commercial terms.
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