Limited Use License Template for Singapore

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Key Requirements PROMPT example:

Limited Use License

"I need a Limited Use License agreement for our new software product, granting the licensee rights to use it only within their Singapore offices for a 12-month period starting January 2025, with specific restrictions on modification and redistribution."

Document background
The Limited Use License serves as a critical legal instrument in Singapore's intellectual property landscape, enabling controlled sharing of proprietary assets while maintaining ownership rights. This document is essential when organizations or individuals need to grant specific, limited rights to use their intellectual property, software, content, or other protected materials without transferring ownership. The agreement, structured under Singapore law, typically includes detailed terms of use, restrictions, duration, payment provisions, and compliance requirements with local regulations. It's particularly valuable for protecting intellectual property rights while enabling commercial exploitation through controlled licensing arrangements.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context and purpose of the license agreement

3. Definitions: Key terms used throughout the agreement

4. Grant of License: Scope and nature of the license being granted

5. License Restrictions: Specific limitations on use of the licensed material

6. Term and Termination: Duration of license and conditions for termination

7. Payment Terms: License fees and payment conditions

8. Intellectual Property Rights: Ownership and protection of IP rights

Optional Sections

1. Support Services: Terms for technical support if provided - include when technical support is part of the license

2. Updates and Maintenance: Terms for updates and maintenance - include for software or digital content licenses

3. Export Controls: Compliance with export regulations - include when international use is contemplated

4. Source Code Escrow: Terms for source code protection - include for software licenses with critical business impact

Suggested Schedules

1. Schedule 1: Licensed Materials: Detailed description of licensed items

2. Schedule 2: Technical Specifications: Technical details and requirements

3. Schedule 3: Fee Schedule: Detailed breakdown of fees and payment terms

4. Schedule 4: Service Level Agreement: Performance metrics and service levels if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Copyright Act 2021: Primary legislation governing copyright protection and licensing in Singapore, including provisions for intellectual property rights management

Patents Act: Legislation governing the protection and licensing of patents in Singapore

Trade Marks Act: Legislation protecting trademarks and related intellectual property rights in Singapore

Intellectual Property Rights Act: Comprehensive framework for intellectual property protection and enforcement in Singapore

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data, which may be relevant if the license involves data handling

Electronic Transactions Act: Legislation providing legal framework for electronic transactions and digital signatures in Singapore

Contract Law: Common law principles governing contract formation, enforcement, and interpretation in Singapore

Unfair Contract Terms Act: Legislation regulating unfair terms in contracts and protecting against unreasonable contract provisions

Computer Misuse Act: Legislation governing computer crimes and unauthorized access, relevant for software licensing

Broadcasting Act: Legislation regulating broadcasting services and content distribution, relevant for media-related licenses

Telecommunications Act: Legislation governing telecommunications services and infrastructure, relevant for technology licenses

Competition Act: Legislation ensuring fair competition and preventing anti-competitive practices in licensing agreements

TRIPS Agreement: International agreement on trade-related aspects of intellectual property rights, affecting cross-border licensing

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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