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Customer List Purchase Agreement

Customer List Purchase Agreement Template for Indonesia

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Key Requirements PROMPT example:

Customer List Purchase Agreement

"I need a Customer List Purchase Agreement for my e-commerce company to acquire a database of 50,000 Indonesian customers from a competitor who is exiting the market, with the transfer to be completed by March 2025 and including specific provisions for handling sensitive payment data."

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Document background
The Customer List Purchase Agreement is essential for businesses operating in Indonesia that wish to legally acquire or transfer customer databases as part of their commercial operations. This document is particularly relevant in the context of business acquisitions, marketing partnerships, or strategic growth initiatives. It must comply with Indonesia's PDP Law (Law No. 27 of 2022) and related regulations governing personal data protection. The agreement typically includes detailed specifications of the customer data being transferred, data protection obligations, usage restrictions, and warranties regarding data accuracy and legitimate collection. It's crucial for businesses to use this agreement to ensure regulatory compliance and protect both parties' interests when transferring valuable customer information.
Suggested Sections

1. Parties: Identification of the seller and purchaser of the customer list

2. Background: Context of the transaction and brief description of the customer list being sold

3. Definitions: Key terms used throughout the agreement, including 'Customer List', 'Personal Data', 'Confidential Information'

4. Sale and Purchase: Core transaction terms including the description of the customer list and transfer mechanics

5. Purchase Price and Payment: Financial terms including price, payment method, and timing

6. Data Protection Compliance: Obligations under Indonesian PDP Law and data protection regulations

7. Seller's Warranties: Warranties regarding ownership, accuracy, and legality of the customer list

8. Purchaser's Warranties: Warranties regarding proper use and handling of the customer data

9. Confidentiality: Obligations to maintain confidentiality of the customer list and transaction

10. Transfer Process: Technical and practical steps for transferring the customer list

11. Post-Transfer Obligations: Ongoing obligations after the transfer is complete

12. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction details

Optional Sections

1. Non-Competition: Restrictions on seller's future use of customer information, if applicable

2. Data Security Requirements: Specific technical requirements for data security, if needed for sensitive data

3. Transition Services: Additional services provided by seller to assist with customer transition

4. Third Party Consents: Process for obtaining necessary third-party consents, if required

5. Audit Rights: Purchaser's rights to audit the accuracy and completeness of the customer list

6. Insurance: Requirements for insurance coverage related to data protection

7. Force Majeure: Provisions for unforeseen circumstances affecting the transfer

Suggested Schedules

1. Schedule 1 - Customer List Specification: Detailed description of the customer list contents and format

2. Schedule 2 - Transfer Protocol: Technical specifications for the transfer process

3. Schedule 3 - Data Fields: Detailed list of data fields included in the customer list

4. Schedule 4 - Excluded Customers: List of any customers explicitly excluded from the transfer

5. Schedule 5 - Form of Customer Notice: Template for notifying customers about the transfer of their data

6. Appendix A - Data Protection Requirements: Specific requirements under Indonesian PDP Law

7. Appendix B - Security Standards: Required security standards for handling the customer data

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions


































Clauses

































Relevant Industries

E-commerce

Retail

Financial Services

Technology

Telecommunications

Marketing Services

Insurance

Healthcare

Professional Services

Consumer Goods

Digital Media

Market Research

Relevant Teams

Legal

Compliance

Data Protection

Information Security

Marketing

Sales

Business Development

Risk Management

Information Technology

Customer Relations

Relevant Roles

Chief Executive Officer

Chief Marketing Officer

Chief Data Officer

Data Protection Officer

Legal Counsel

Commercial Director

Business Development Manager

Marketing Director

Compliance Officer

Privacy Manager

Information Security Manager

Sales Director

Customer Relations Manager

Risk Manager

Industries







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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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