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Pooling Agreement
"Need a Pooling Agreement for three Singapore-based fintech companies to combine their AI development resources and share profits, with specific provisions for intellectual property protection and quarterly revaluation of contributions starting March 2025."
1. Parties: Identification and details of all parties entering the pooling arrangement
2. Background: Context and purpose of the pooling arrangement
3. Definitions: Key terms used throughout the agreement
4. Pooling Structure: Details of how assets/resources will be pooled and managed
5. Management Rights: Rights and responsibilities in managing pooled resources
6. Profit/Loss Sharing: Distribution mechanism for gains and losses
7. Term and Termination: Duration and conditions for ending the arrangement
8. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: IP ownership and licensing terms - include when pooling involves IP assets
2. Competition Compliance: Anti-trust compliance provisions - include when pooling could affect market competition
3. Data Protection: PDPA compliance measures - include when personal data is involved
4. Tax Provisions: Tax treatment and obligations - include when specific tax arrangements are needed
1. Asset Schedule: Detailed list of pooled assets/resources
2. Contribution Schedule: Details of each party's contributions
3. Management Procedures: Operational procedures for managing pooled resources
4. Valuation Methodology: Methods for valuing pooled assets
5. Distribution Rules: Detailed rules for profit/loss distribution
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