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Vending Machine Agreement
"I need a Vending Machine Agreement for placing 5 beverage machines in a shopping mall in Singapore, with a 70-30 revenue split in favor of our company and provisions for contactless payment systems, starting from March 2025."
1. Parties: Identifies the contracting parties (vendor owner and location owner)
2. Background: Explains the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Location and Installation: Specifies the location and installation requirements for the vending machines
5. Term and Termination: Defines the duration of the agreement and termination conditions
6. Operation and Maintenance: Outlines responsibilities for machine operation and maintenance
7. Revenue Sharing: Details the financial arrangement between parties
8. Compliance Requirements: Specifies regulatory compliance obligations including food safety, hygiene, and electrical requirements
1. Insurance: Insurance requirements and coverage details for the vending machines and operations
2. Data Protection: PDPA compliance requirements and data handling procedures
3. Exclusivity: Exclusive rights provisions for vending machine operations in the specified location
4. Force Majeure: Provisions for handling unforeseen circumstances and extraordinary events
1. Machine Specifications: Technical details and specifications of the vending machines
2. Location Plans: Detailed plans showing approved machine placement locations
3. Product List: Comprehensive list of products to be sold through the machines
4. Maintenance Schedule: Regular maintenance and cleaning requirements and schedules
5. Revenue Sharing Calculations: Detailed breakdown of revenue sharing formula and calculation methods
6. Operating Procedures: Standard operating procedures for machine management and maintenance
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