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Portfolio License Agreement
"I need a Portfolio License Agreement under Singapore law for licensing our software patent portfolio to a multinational tech company, including rights for them to sublicense in Southeast Asia, with an initial term starting March 2025."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and nature of the license being granted
5. Term and Termination: Duration and termination conditions
6. Payment Terms: Financial considerations and payment schedule
7. Intellectual Property Rights: IP ownership and protection provisions
8. Warranties and Representations: Statements of fact and promises made by parties
9. Confidentiality: Protection of confidential information
10. Governing Law and Jurisdiction: Laws governing the agreement and dispute resolution
1. Territory Restrictions: Geographic limitations on license use, applicable when license is geographically restricted
2. Sublicensing Rights: Rights to sublicense to third parties, included when sublicensing is permitted
3. Source Code Escrow: Source code protection provisions, relevant for software licensing agreements
4. Data Protection: PDPA compliance provisions, required when personal data is involved
5. Export Control: Compliance with export control regulations, needed for international licensing
1. Schedule 1: Licensed Portfolio: Detailed list of licensed IP assets including patents, trademarks, copyrights, and other IP rights
2. Schedule 2: License Fees: Detailed payment terms, fee structure, and royalty calculations
3. Schedule 3: Technical Specifications: Technical details and specifications of licensed assets
4. Schedule 4: Service Level Agreement: Performance metrics, support terms, and maintenance requirements
5. Appendix A: Approved Sublicensees: List of approved sublicensees and their permitted scope of use
Authors
Commencement Date
Confidential Information
Effective Date
Intellectual Property Rights
Licensed Portfolio
Licensed Products
Licensed Territory
Licensee
Licensor
Net Sales
Patent Rights
Portfolio
Royalties
Subsidiary
Term
Trademark Rights
Technical Information
Updates
Use
Valid Claim
Quarter
Improvements
Background IP
Commercial Purpose
Delivery Date
Force Majeure Event
Intellectual Property Claims
Licensed Field
Material Breach
Non-Exclusive License
Related Company
Reporting Period
Revenue
Sublicense
Sublicensee
Technical Documentation
Third Party
Working Day
Scope of License
Term and Termination
Payment and Royalties
Intellectual Property Rights
Confidentiality
Warranties and Representations
Indemnification
Quality Control
Reporting and Audit Rights
Assignment and Sublicensing
Territory Restrictions
Non-Competition
Force Majeure
Dispute Resolution
Governing Law
Updates and Improvements
Technical Support
Maintenance
Use Restrictions
Record Keeping
Notice Requirements
Export Control
Data Protection
Insurance
Severability
Entire Agreement
Amendment and Waiver
Further Assurance
Relationship of Parties
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