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Software Development And Maintenance Agreement
"I need a Software Development And Maintenance Agreement for a fintech startup engaging an external developer to build and maintain a mobile payment app, with strict data protection requirements under Singapore law and monthly maintenance services for 24 months starting March 2025."
1. Parties: Identification and details of the contracting parties (developer and client)
2. Background: Context of the agreement and high-level objectives
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of development and maintenance services
5. Project Timeline: Development phases, milestones, and delivery dates
6. Payment Terms: Fees, payment schedule, and invoicing procedures
7. Intellectual Property Rights: Ownership and licensing of software and related materials
8. Confidentiality: Protection of confidential information and trade secrets
9. Term and Termination: Duration and termination provisions
1. Change Management: Process for handling change requests and scope changes in complex projects
2. Source Code Escrow: Provisions for source code protection and security arrangements
3. Data Protection: PDPA compliance measures and data handling requirements
4. Third-Party Components: Use and licensing of third-party software components
1. Schedule 1: Technical Specifications: Detailed technical requirements and functionality specifications
2. Schedule 2: Service Level Agreement: Performance metrics and maintenance standards
3. Schedule 3: Fee Schedule: Detailed breakdown of costs and payment milestones
4. Schedule 4: Acceptance Testing Procedures: Testing criteria and acceptance processes
5. Schedule 5: Support and Maintenance Services: Detailed maintenance and support requirements
6. Appendix A: Project Timeline: Detailed project schedule and milestones
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