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Product Licensing Agreement for Singapore

Product Licensing Agreement Template for Singapore

A Product Licensing Agreement under Singapore law is a legally binding contract that grants specific rights to use, manufacture, or distribute a product owned by the licensor. This agreement is governed by Singapore's robust IP laws including the Patents Act, Copyright Act, and Trade Marks Act, providing strong protection for intellectual property rights while ensuring compliance with local competition laws and industry-specific regulations. The agreement typically includes detailed terms about licensing scope, territory restrictions, quality control, and payment terms.

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What is a Product Licensing Agreement?

A Product Licensing Agreement is essential when a product owner wishes to grant another party rights to use, manufacture, or distribute their product while retaining ownership. Under Singapore law, this agreement provides a comprehensive framework for protecting intellectual property rights while enabling commercial exploitation. The document addresses key aspects such as license scope, territory restrictions, quality standards, and payment terms, while ensuring compliance with Singapore's IP laws, competition regulations, and industry-specific requirements. It's particularly relevant for businesses expanding their product reach through licensing arrangements in the Asia-Pacific region.

What sections should be included in a Product Licensing Agreement?

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and brief description of the product being licensed

3. Definitions: Key terms used throughout the agreement

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

5. Term and Termination: Duration of the agreement and conditions for termination

6. Payment Terms: License fees, royalties, and payment schedules

7. IP Rights and Ownership: Clear statement of IP ownership and protected rights

8. Confidentiality: Protection of confidential information

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

What sections are optional to include in a Product Licensing Agreement?

1. Quality Control: Standards and quality requirements for product manufacturing/distribution

2. Territory Restrictions: Geographic limitations on license use

3. Sub-licensing Rights: Terms for granting sub-licenses

4. Training and Support: Terms for technical support and training

5. Data Protection: PDPA compliance requirements

What schedules should be included in a Product Licensing Agreement?

1. Product Specifications: Detailed technical specifications of the licensed product

2. License Fee Schedule: Detailed breakdown of fees and payment terms

3. Quality Standards: Specific quality requirements and standards

4. Territory Map: Visual representation of licensed territories

5. IP Registration Details: List of relevant patents, trademarks, or other IP registrations

6. Service Level Agreement: Performance metrics and service standards

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

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

License Agreement

Sector

IP

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Patents Act 1994: Primary legislation governing patent protection and enforcement in Singapore, crucial for products involving patented technologies

Copyright Act 1987: Protects original works including software, documentation, and creative elements of the licensed product

Trade Marks Act 1998: Regulates trademark protection and usage, essential for brand elements in the licensed product

Registered Designs Act 2000: Protects industrial designs and aesthetic aspects of the licensed product

Electronic Transactions Act 2010: Governs electronic contracts and digital signatures if the agreement is executed electronically

Competition Act 2004: Ensures licensing terms comply with anti-competitive regulations and fair market practices

Consumer Protection (Fair Trading) Act 2003: Protects consumer interests if the licensed product is intended for consumer use

Personal Data Protection Act 2012: Regulates collection, use, and disclosure of personal data if the product involves data processing

Sale of Goods Act: Governs the sale and transfer of goods, relevant for physical products under license

Supply of Goods Act: Regulates the supply of goods and related transactions in commercial contexts

TRIPS Agreement: International treaty setting minimum standards for IP protection, affecting cross-border licensing

Patent Cooperation Treaty: International patent law treaty facilitating patent protection across multiple jurisdictions

Madrid Protocol: International treaty for trademark registration and protection across multiple jurisdictions

Health Products Act: Specific regulations for medical and healthcare products if applicable to the licensed product

Broadcasting Act: Regulates broadcasting and media content if relevant to the licensed product

Telecommunications Act: Governs telecom-related products and services if applicable to the license

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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