The Platform License Agreement serves as the primary legal framework for companies seeking to license their software platforms in Singapore and beyond. This document is essential when a platform provider wants to grant access to their technology while maintaining control over intellectual property and ensuring compliance with Singapore's regulatory requirements. The agreement covers crucial elements such as license scope, fees, data protection, technical specifications, and service levels, while incorporating provisions that align with Singapore's PDPA, Copyright Act, and other relevant legislation.
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1. Parties: Identification of the licensor and licensee, including registered addresses and company details
2. Background: Context of the agreement, brief description of the platform and purpose of the license
3. Definitions: Key terms used throughout the agreement including Platform, Licensed Materials, Intellectual Property Rights, etc.
4. Grant of License: Scope and nature of the license, usage rights, and restrictions
5. License Fees and Payment Terms: Pricing structure, payment schedule, and related conditions
6. Intellectual Property Rights: Ownership of IP, protection measures, and infringement procedures
7. Confidentiality: Protection of confidential information and trade secrets
8. Term and Termination: Duration of agreement and termination conditions
1. Service Level Agreement: Platform performance metrics and availability guarantees - include when specific performance standards need to be maintained
2. Data Protection: PDPA compliance measures and data handling procedures - include when personal data is processed through the platform
3. White Labeling: Terms for rebranding or customizing the platform - include when licensee requires platform customization rights
4. Territory Restrictions: Geographical limitations on platform use - include when license is limited to specific regions
1. Platform Specification: Technical details and functionality of the licensed platform
2. Fee Schedule: Detailed breakdown of license fees and payment structure
3. Service Level Metrics: Detailed performance metrics and measurement methods
4. Acceptable Use Policy: Rules and guidelines for platform usage
5. Support Services: Details of technical support and maintenance services
6. Data Processing Agreement: Specific terms for handling personal data under PDPA
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