The Domain License Agreement is essential when one party wishes to grant another party the right to use a domain name while retaining ownership. This document is particularly relevant in Singapore's digital economy, where domain name transactions must comply with local regulations and SGNIC policies. The agreement typically covers license scope, duration, usage restrictions, fees, and compliance requirements. It's commonly used in business acquisitions, brand licensing, and digital asset management scenarios, providing a clear framework for domain name rights and obligations under Singapore law.
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1. Parties: Identifies the licensor and licensee with full legal details
2. Background: Explains context and purpose of the domain license agreement
3. Definitions: Defines key terms used throughout the agreement
4. Grant of License: Specifies the terms of domain name usage rights
5. Term and Termination: Duration of license and conditions for termination
6. Fees and Payment: Payment terms and license fee structure
7. Domain Name Usage: Rules and restrictions for domain name usage
8. Representations and Warranties: Legal assurances and guarantees from both parties
9. Indemnification: Provisions for compensation in case of losses or damages
10. Governing Law: Specifies Singapore law as governing law and jurisdiction
1. Service Level Agreement: Technical performance standards for when hosting services are included
2. White Label Provisions: Terms for reselling or sublicensing when such rights are granted
3. Territory Restrictions: Geographic limitations on usage when license is territory-specific
4. Data Protection: PDPA compliance provisions when personal data processing is involved
5. Dispute Resolution: Specific procedures for domain name disputes and arbitration
1. Schedule 1: Domain Names: List of licensed domain names and their details
2. Schedule 2: Fee Schedule: Detailed breakdown of fees and payment terms
3. Schedule 3: Technical Requirements: Technical specifications and requirements for domain usage
4. Appendix A: Acceptable Use Policy: Rules governing acceptable domain usage and restrictions
5. Appendix B: Service Level Requirements: Detailed technical performance metrics and standards
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