The Intellectual Property PartnershIP Agreement is essential for organizations seeking to collaborate on IP development, commercialization, or exploitation in Singapore. This document is particularly relevant given Singapore's position as a leading IP hub in Asia and its comprehensive legal framework for IP protection. The agreement typically covers IP ownershIP structures, revenue sharing mechanisms, development responsibilities, and commercialization rights while ensuring compliance with Singapore's IP laws, PartnershIP Act, and related regulations. It's commonly used when multIPle parties wish to pool their IP resources or collaborate on IP development while maintaining clear rights and responsibilities.
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1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the IP partnershIP
3. Definitions: Key terms used tHRoughout the agreement including IP-specific terminology
4. IP Rights: Detailed descrIPtion of intellectual property covered under the partnershIP
5. OwnershIP Structure: Rights and ownershIP allocation between partners, including future IP developments
6. Revenue Sharing: Financial arrangements and profit distribution mechanisms
7. Confidentiality: Protection of confidential information and trade secrets
8. Term and Termination: Duration of the agreement and conditions for termination
9. Dispute Resolution: Procedures for resolving disputes between partners
10. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Cross-Border Provisions: International IP protection terms and compliance with foreign jurisdictions
2. Competition Compliance: Provisions ensuring compliance with competition laws and anti-trust regulations
3. Technology Transfer: Terms for transferring technical knowledge and implementation procedures
4. Quality Control: Standards and procedures for maintaining IP quality and value
5. Marketing and Promotion: Terms regarding the marketing and promotion of IP assets
1. Schedule 1 - IP Assets: Detailed list and descrIPtion of all IP assets covered by the agreement
2. Schedule 2 - Revenue Distribution: Detailed breakdown of revenue sharing calculations and methods
3. Schedule 3 - IP Registration Certificates: Copies of relevant IP registrations and certificates
4. Schedule 4 - Partner Contributions: Details of each partner's contributions to the partnershIP
5. Schedule 5 - Compliance Requirements: List of regulatory and statutory compliance requirements
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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