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Online Business Agreement
"I need an Online Business Agreement for my Singapore-based SaaS platform that will provide AI-powered analytics services to enterprise clients, with specific focus on data protection and service level commitments starting March 2025."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services or products provided
5. Payment Terms: Pricing, payment schedule, and related conditions
6. Term and Termination: Duration and conditions for ending the agreement
7. Data Protection: PDPA compliance and data handling procedures
8. Confidentiality: Protection of sensitive information
9. Governing Law: Singapore law application and jurisdiction
1. Service Level Agreement: Performance metrics and standards - use for technical or ongoing service provisions
2. Intellectual Property Rights: IP ownership and licensing terms - use when IP assets are involved
3. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term or high-value contracts
4. Insurance: Insurance requirements and coverage - include for high-risk activities or services
1. Service Description Schedule: Detailed specifications of services
2. Pricing Schedule: Detailed pricing structure and rates
3. Data Processing Agreement: Specific terms for handling personal data
4. Technical Requirements: Technical specifications and requirements
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