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Contract Agreement Between Supplier And Purchaser
"I need a Contract Agreement Between Supplier And Purchaser for my Singapore-based tech company to purchase custom software development services, with specific intellectual property provisions and milestone-based payments starting from March 2025."
1. Parties: Details of the supplier and purchaser, including registered addresses and company registration numbers
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Supply: Detailed description of goods/services to be supplied
5. Price and Payment Terms: Pricing, payment schedule, and payment methods
6. Delivery Terms: Delivery schedule, location, and conditions
7. Quality and Specifications: Quality standards and technical specifications
8. Warranties: Supplier warranties regarding goods/services
9. Term and Termination: Duration of agreement and termination conditions
10. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: Provisions for IP ownership, licensing, and protection when IP rights are involved in the supply
2. Confidentiality: Provisions for protection of confidential information and trade secrets when sensitive information is shared
3. Force Majeure: Provisions for unforeseen circumstances and events beyond parties' control, recommended for long-term or high-value contracts
4. Insurance: Insurance requirements and obligations, particularly important for high-value or high-risk supplies
1. Schedule 1 - Product Specifications: Detailed technical specifications of goods
2. Schedule 2 - Pricing Schedule: Detailed pricing breakdown and payment milestones
3. Schedule 3 - Service Level Agreement: Performance metrics and service standards
4. Schedule 4 - Delivery Schedule: Detailed delivery timeline and requirements
5. Appendix A - Quality Standards: Applicable quality standards and certifications
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