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Commercial Contract
"I need a Commercial Contract to govern the supply of IT hardware and maintenance services from our Singapore-based supplier to our regional offices, with specific provisions for service levels and warranty terms, to commence from March 2025."
1. Parties: Details of the contracting parties including registration numbers and addresses
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services/Goods: Detailed description of what is being provided
5. Payment Terms: Price, payment schedule, and payment methods
6. Duration and Termination: Contract period and termination provisions
7. Representations and Warranties: Statements of fact and promises made by the parties
8. Liability and Indemnification: Allocation of risks and responsibilities between parties
9. Dispute Resolution: Process for resolving disputes including jurisdiction
10. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property: Provisions relating to ownership and use of intellectual property rights
2. Confidentiality: Obligations regarding protection and non-disclosure of confidential information
3. Force Majeure: Provisions dealing with unforeseen circumstances beyond parties' control
4. Data Protection: Compliance with Personal Data Protection Act and data handling requirements
5. Insurance: Insurance requirements and obligations
6. Assignment and Subcontracting: Rights and restrictions regarding transfer of rights or obligations
1. Schedule 1 - Scope of Work: Detailed specifications of services or goods to be provided
2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, rates, and payment terms
3. Schedule 3 - Service Levels: Performance metrics, standards, and related penalties/rewards
4. Schedule 4 - Key Personnel: Details of key team members and their roles
5. Schedule 5 - Form of Notice: Template for formal notices under the contract
6. Schedule 6 - Technical Requirements: Technical specifications and requirements
Authors
Affiliate
Business Day
Commencement Date
Confidential Information
Contract Price
Deliverables
Effective Date
Force Majeure Event
Goods
Intellectual Property Rights
Laws
Material Breach
Notice
Party/Parties
Personnel
Services
Service Levels
Specifications
Subcontractor
Term
Territory
Working Hours
Writing
VAT/GST
Acceptance Criteria
Change Control
Customer Materials
Data Protection Laws
Documentation
Implementation Plan
Key Personnel
Milestones
Performance Standards
Project
Quality Standards
Related Agreements
Service Credits
Source Code
Transition Period
Supply of Goods/Services
Payment Terms
Delivery
Title and Risk
Quality and Performance
Warranties and Representations
Obligations of the Parties
Intellectual Property Rights
Confidentiality
Data Protection
Liability and Indemnification
Insurance
Force Majeure
Term and Duration
Termination
Consequences of Termination
Assignment and Subcontracting
Change Control
Notices
Dispute Resolution
Governing Law and Jurisdiction
Service Levels
Acceptance Testing
Training
Implementation
Business Continuity
Environmental Compliance
Anti-Corruption
Export Control
Source Code Escrow
Non-Competition
Non-Solicitation
Audit Rights
Parent Company Guarantee
Step-In Rights
Performance Bonds
Regulatory Compliance
Health and Safety
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