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IP Settlement Agreement
"I need an IP Settlement Agreement governed by Singapore law to resolve a software patent dispute with a US-based company, including provisions for future licensing arrangements and a payment schedule starting from March 2025."
1. Parties: Identifies and defines all parties to the agreement
2. Background: Outlines the context and history of the dispute
3. Definitions: Defines key terms used tHRoughout the agreement
4. Settlement Terms: Details the agreed resolution and compensation
5. Release Provisions: Specifies mutual releases from claims
6. Confidentiality: Outlines confidentiality obligations
7. Governing Law: Specifies Singapore law as governing law
1. Non-Admission of Liability: Clarifies that the settlement does not constitute admission of liability by any party
2. Future Cooperation: Outlines terms for ongoing relationshIP between parties post-settlement
3. Public Announcements: Guidelines for public communications about the settlement
4. Tax Implications: Addresses tax treatment of settlement payments and responsibilities
1. Schedule of IP Rights: Detailed list and descrIPtion of all intellectual property rights involved in the settlement
2. Payment Schedule: Timeline and terms of settlement payments if applicable
3. Form of Release: Template of mutual release documents to be executed
4. Existing Agreements: List and copies of relevant pre-existing agreements between parties
5. Transfer Documents: Forms and documentation for transferring IP rights where applicable
Authors
Claim
Confidential Information
Dispute
Effective Date
Execution Date
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Technology
Parties
Patents
Released Claims
Settlement Amount
Settlement Payment
Settlement Period
Subject Matter
Territory
Third Party Rights
Trade Marks
Trade Secrets
Works
Copyrights
Registered Designs
Know-How
IP Registration
Background IP
Foreground IP
Improvements
Infringement Claims
Release Date
Related Entities
Affiliates
Governing Law
Jurisdiction
Dispute Resolution
Consideration
Representatives
Business Day
Force Majeure
Definitions
Settlement Terms
Payment Terms
Releases
IP Rights Transfer
IP Rights Recognition
License Grants
Non-Admission of Liability
Confidentiality
Non-Disparagement
Public Announcements
Warranties and Representations
Further Assurance
Assignment
Future Cooperation
Non-Competition
Non-Solicitation
Compliance
Amendment
Severability
Force Majeure
Notices
Costs
Tax
Entire Agreement
Waiver
Governing Law
Jurisdiction
Dispute Resolution
Termination
Survival
Execution
Third Party Rights
Time of Essence
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