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Software Development Partnership Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Software Development Partnership Agreement

"I need a Software Development Partnership Agreement under Hong Kong law for a partnership between my fintech startup and a major software development company, focusing on AI-driven financial software development with strict data protection requirements and revenue sharing arrangements, planned to commence in March 2025."

Document background
The Software Development Partnership Agreement is essential for organizations engaging in collaborative software development projects in Hong Kong. This document is typically used when two or more parties wish to combine their resources, expertise, and capabilities to develop software solutions while clearly defining their rights, responsibilities, and commercial arrangements. The agreement incorporates Hong Kong's legal requirements, including technology regulations, data protection laws, and intellectual property provisions. It addresses key aspects such as development methodology, project governance, resource allocation, intellectual property rights, confidentiality, and risk management. The document is particularly relevant in today's digital economy where technology partnerships are increasingly common and complex.
Suggested Sections

1. Parties: Identification of the contracting parties including registered details

2. Background: Context of the partnership and summary of the parties' intentions

3. Definitions and Interpretation: Definitions of key terms and interpretation rules

4. Partnership Scope and Objectives: Detailed description of the partnership's purpose and goals

5. Development Services: Scope of software development services to be provided

6. Project Governance: Management structure, decision-making processes, and reporting requirements

7. Intellectual Property Rights: Ownership and licensing of pre-existing and newly developed IP

8. Payment Terms: Financial arrangements, payment schedule, and cost sharing

9. Confidentiality: Protection and handling of confidential information

10. Data Protection and Security: Obligations regarding data handling and security measures

11. Term and Termination: Duration of agreement and termination provisions

12. Warranties and Indemnities: Representations, warranties, and indemnification obligations

13. Liability and Insurance: Limitation of liability and insurance requirements

14. Force Majeure: Provisions for handling events beyond parties' control

15. General Provisions: Standard boilerplate clauses including notices, amendment process, and governing law

Optional Sections

1. Third Party Integration: Used when the software needs to integrate with third-party systems or services

2. Staff Transfer and Secondment: Include when staff will be transferred or seconded between partners

3. Revenue Sharing: Required when partners will share revenue from the developed software

4. Open Source Software: Include when open source components will be used in development

5. Marketing and Promotion: Add when partnership includes joint marketing activities

6. Service Levels: Include when specific performance metrics need to be maintained

7. Competition Restrictions: Add when partners need to restrict competitive activities

8. Escrow Arrangements: Include when source code needs to be held in escrow

9. International Operations: Required for partnerships operating across multiple jurisdictions

Suggested Schedules

1. Schedule 1 - Development Specifications: Detailed technical specifications and requirements for the software

2. Schedule 2 - Project Plan and Milestones: Timeline, deliverables, and key milestones

3. Schedule 3 - Acceptance Testing: Testing procedures, criteria, and acceptance processes

4. Schedule 4 - Service Levels and KPIs: Detailed performance metrics and measurement methods

5. Schedule 5 - Pricing and Payment Schedule: Detailed breakdown of costs, payment terms, and schedules

6. Schedule 6 - Personnel and Resources: Key personnel, roles, and resource commitments

7. Schedule 7 - Technical Infrastructure: Infrastructure requirements and specifications

8. Schedule 8 - Change Control Procedure: Process for managing changes to scope or specifications

9. Appendix A - Form of Change Order: Template for documenting and approving changes

10. Appendix B - Security Requirements: Detailed security protocols and requirements

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









































Clauses









































Relevant Industries

Information Technology

Financial Services

Healthcare

E-commerce

Manufacturing

Professional Services

Telecommunications

Education

Retail

Insurance

Banking

Media and Entertainment

Logistics and Supply Chain

Real Estate

Relevant Teams

Legal

Software Development

Information Technology

Project Management

Business Development

Operations

Commercial

Procurement

Risk Management

Compliance

Technical Architecture

Product Management

Relevant Roles

Chief Technology Officer

Head of Software Development

Legal Counsel

Project Manager

Software Development Manager

Business Development Director

Partnership Manager

Contract Manager

Chief Information Officer

Head of Legal

Technology Director

Solutions Architect

Product Manager

Development Team Lead

Chief Executive Officer

Commercial Director

Operations 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

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