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Data License Agreement Template for Hong Kong

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Key Requirements PROMPT example:

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."

Document background
A Data License Agreement is essential for organizations engaging in data sharing or commercialization activities in Hong Kong. This document is particularly relevant in today's data-driven business environment where companies increasingly rely on external data sources for their operations, analytics, or service delivery. The agreement must comply with Hong Kong's legal framework, particularly the Personal Data (Privacy) Ordinance (Cap. 486) and relevant intellectual property laws. It should be used whenever an organization wishes to formally license data to another party, whether for commercial purposes, research, or operational needs. The agreement typically includes detailed provisions on data usage rights, privacy compliance, security measures, commercial terms, and liability allocation, tailored to Hong Kong's regulatory requirements and business practices.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

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

Relevant legal definitions








































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Relevant Industries

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

Relevant Teams

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

Relevant Roles

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

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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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