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Business Cooperation Agreement
"Need a Business Cooperation Agreement for a technology partnership between our Singapore-based software company and a Japanese AI firm, focusing on joint development of machine learning solutions and sharing of technical resources, to commence in March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the cooperation agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Cooperation: Detailed description of the business relationship and activities
5. Rights and Obligations: Specific responsibilities of each party
6. Term and Termination: Duration of agreement and termination conditions
7. Confidentiality: Protection of sensitive information
8. Governing Law: Applicable law and jurisdiction (Singapore)
1. Intellectual Property Rights: Provisions for IP ownership, licensing, and usage rights when cooperation involves sharing or creating intellectual property
2. Data Protection: Compliance provisions with Singapore's Personal Data Protection Act (PDPA) when personal data processing is involved
3. Non-Competition: Restrictions on competitive activities and protection of market position
4. Force Majeure: Provisions for unforeseen circumstances affecting long-term commitments
1. Schedule 1: Services/Products: Detailed description of cooperation scope and deliverables
2. Schedule 2: Commercial Terms: Pricing, payment terms, and commercial arrangements
3. Schedule 3: Key Personnel: List of key contacts and responsible persons from each party
4. Schedule 4: Service Levels: Performance metrics, standards, and quality requirements
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