The Agreement To Protect Intellectual Property is essential in Singapore's robust IP protection framework, particularly when sharing valuable intellectual property with third parties. This agreement is commonly used when engaging with employees, contractors, or business partners who need access to proprietary information. It encompasses various forms of IP protection under Singapore law, including patents, copyrights, trade secrets, and confidential information. The document provides specific measures for protecting IP, defines permitted uses, establishes confidentiality obligations, and outlines remedies for breach.
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Key Requirements PROMPT example:
Agreement To Protect Intellectual Property
"Need an Agreement To Protect Intellectual Property for our new AI software development project with an external contractor in Singapore, starting January 2025, with specific focus on source code protection and algorithm confidentiality."
1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context, purpose, and objectives of the intellectual property protection agreement
3. Definitions: Detailed definitions of key terms used tHRoughout the agreement including types of IP, confidential information, and related concepts
4. Scope of Protected IP: Comprehensive descrIPtion of intellectual property covered under the agreement including patents, copyrights, trade secrets, and other IP assets
5. Confidentiality Obligations: Detailed obligations regarding the protection, non-disclosure, and handling of protected IP
6. Term and Termination: Duration of the agreement and conditions for termination including procedures for IP handling upon termination
7. Governing Law: Specification of Singapore law as governing law and jurisdiction for dispute resolution
1. License Terms: Terms and conditions for any licensing of the protected IP, including scope, restrictions, and compensation
2. Employee Obligations: Specific responsibilities and restrictions for employees regarding IP protection and confidentiality
3. International Protection: Provisions for cross-border IP protection and compliance with international treaties
4. Data Protection Compliance: Specific provisions ensuring compliance with Singapore's Personal Data Protection Act where IP involves personal data
1. Schedule A - Protected IP Assets: Detailed inventory of all intellectual property assets covered under the agreement
2. Schedule B - Security Measures: Specific procedures and protocols for protecting the intellectual property
3. Schedule C - Authorized Personnel: List of individuals authorized to access and handle the protected IP
4. Schedule D - Return/Destruction Procedures: Detailed protocols for handling, returning, or destroying IP upon agreement termination
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