Under Licence Agreement Generator for Singapore

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Key Requirements PROMPT example:

Under Licence Agreement

"I need an Under Licence Agreement for my software company in Singapore to license our AI technology to a manufacturing company in Malaysia, with specific provisions for technical support and data protection compliance, to be effective from March 2025."

Document background
An Under Licence Agreement in Singapore serves as the primary instrument for formalizing licensing arrangements between parties. This document is essential when one party wishes to grant another the right to use, manufacture, distribute, or otherwise exploit specific intellectual property or assets while retaining ownership. The agreement, governed by Singapore law, typically includes detailed provisions on scope of use, territory, duration, payment terms, quality control, and termination rights. It's particularly relevant in today's knowledge-based economy where intellectual property licensing forms a crucial part of business operations.
Suggested Sections

1. Parties: Identification of licensor and licensee with full legal details

2. Background: Context of the agreement and ownership of licensed property

3. Definitions: Key terms used throughout the agreement

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

5. License Fee and Payment Terms: Financial terms including royalties and payment schedule

6. Term and Termination: Duration of agreement and termination conditions

7. Intellectual Property Rights: Protection of IP rights and ownership declarations

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Quality Control: Standards for licensed products/services - use when licensing involves manufacturing or service delivery

2. Territory: Geographical scope of the license - use when license is geographically restricted

3. Sub-licensing Rights: Rights to grant sub-licenses - use when sub-licensing may be permitted

4. Data Protection: PDPA compliance provisions - use when personal data processing is involved

Suggested Schedules

1. Schedule 1: Licensed Property: Detailed description of licensed IP/property

2. Schedule 2: License Fees: Detailed breakdown of fees and royalties

3. Schedule 3: Technical Specifications: Technical details of licensed property - for technical licenses

4. Schedule 4: Quality Standards: Required quality standards and specifications - for manufacturing/service licenses

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

Clauses
Industries

Copyright Act (Cap. 63): Primary legislation governing copyright protection and licensing in Singapore, essential for intellectual property rights in license agreements

Patents Act (Cap. 221): Regulates patent rights and licensing of patented inventions in Singapore

Trade Marks Act (Cap. 332): Governs trademark protection and licensing of trademark rights in Singapore

Registered Designs Act (Cap. 266): Controls the registration and licensing of industrial designs in Singapore

Competition Act (Cap. 50B): Ensures fair competition and regulates anti-competitive practices in licensing agreements

Electronic Transactions Act: Provides legal framework for electronic contracts and digital signatures in Singapore

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts and provides protection against unreasonable contract conditions

Personal Data Protection Act 2012 (PDPA): Governs the collection, use, and disclosure of personal data in Singapore, relevant for licenses involving data transfer

Broadcasting Act: Regulates broadcasting services and media licensing in Singapore

Health Products Act: Controls licensing related to pharmaceutical and medical products

TRIPS Agreement: International treaty setting global standards for intellectual property protection that Singapore adheres to

Consumer Protection (Fair Trading) Act: Protects consumer interests in commercial transactions including consumer-facing licenses

Income Tax Act: Governs taxation of income including licensing fees and royalties in Singapore

Goods and Services Tax Act: Regulates GST implications on licensing transactions in Singapore

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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