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Custom Software Development Contract
"Need a Custom Software Development Contract for a new mobile banking app project starting in March 2025, where we'll retain full IP rights and require strict data protection provisions due to handling sensitive financial information in Singapore."
1. Parties: Identification of the service provider and client, including registered addresses and company details
2. Background: Context of the agreement and brief description of the project scope
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of the software development services to be provided
5. Project Timeline: Development milestones, delivery dates, and project phases
6. Payment Terms: Fees, payment schedule, and invoicing procedures
7. Intellectual Property Rights: Ownership and licensing of developed software and related materials
8. Confidentiality: Protection of confidential information and trade secrets
9. Warranties and Representations: Guarantees regarding service quality and compliance
10. Termination: Conditions for contract termination and consequences
1. Change Management: Procedures for handling change requests and scope modifications during the project lifecycle
2. Source Code Escrow: Terms for source code safekeeping and conditions for release to the client
3. Service Level Agreement: Performance metrics, support requirements, and response times for maintenance services
4. Data Protection: Compliance requirements with Singapore's PDPA and data handling procedures
1. Schedule 1 - Technical Specifications: Detailed technical requirements, functionality specifications, and system architecture
2. Schedule 2 - Project Timeline: Detailed project schedule, milestones, and delivery dates
3. Schedule 3 - Acceptance Testing Criteria: Testing procedures, acceptance criteria, and quality standards
4. Schedule 4 - Price Schedule: Detailed breakdown of costs, payment milestones, and fee structure
5. Schedule 5 - Service Level Requirements: Detailed performance metrics, support requirements, and maintenance procedures
Authors
Acceptance Criteria
Acceptance Tests
Background IP
Business Day
Change Request
Confidential Information
Deliverables
Development Services
Documentation
Effective Date
Force Majeure Event
Foreground IP
Intellectual Property Rights
Milestone
Project Manager
Project Plan
Project Schedule
Services
Software
Source Code
Specifications
Technical Requirements
Term
Third Party Materials
Updates
User Acceptance Testing
Warranty Period
Work Product
Project Management
Development Methodology
Deliverables
Project Timeline
Acceptance Testing
Change Management
Payment Terms
Intellectual Property Rights
Source Code
Warranties
Maintenance and Support
Service Levels
Data Protection
Confidentiality
Non-Solicitation
Force Majeure
Limitation of Liability
Indemnification
Insurance
Term and Termination
Exit Management
Assignment and Subcontracting
Dispute Resolution
Governing Law
Notice Requirements
Audit Rights
Business Continuity
Compliance with Laws
Entire Agreement
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