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Strategic Partnership Contract
"I need a Strategic Partnership Contract for a technology company in Singapore entering into a joint AI development project with a research institution, with specific focus on IP protection and data sharing arrangements, planned to commence in March 2025."
1. Parties: Identification and details of the partnering entities
2. Background: Context and purpose of the strategic partnership
3. Definitions: Key terms used throughout the agreement
4. Scope of Partnership: Detailed outline of partnership objectives and activities
5. Roles and Responsibilities: Specific duties and obligations of each party
6. Term and Termination: Duration and conditions for ending the partnership
7. Financial Arrangements: Revenue sharing, costs, and financial obligations
8. Confidentiality: Protection of sensitive information
1. Intellectual Property Rights: IP ownership and licensing terms when IP assets are involved in the partnership
2. Data Protection: Specific data handling requirements when personal or sensitive data is processed
3. Non-Competition: Restrictions on competitive activities when protecting market position is crucial
4. Force Majeure: Provisions for unforeseen circumstances when long-term commitments are involved
1. Schedule 1: Business Plan: Detailed operational and strategic plans
2. Schedule 2: KPIs: Performance metrics and targets
3. Schedule 3: Financial Terms: Detailed financial arrangements and calculations
4. Schedule 4: Service Levels: Specific performance standards and metrics
5. Appendix A: Contact Details: Key personnel and communication protocols
6. Appendix B: Technical Specifications: Technical requirements and standards
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