The Tripartite Contract is designed for complex business arrangements in Singapore where three separate entities need to establish legally binding relationships with clearly defined roles and responsibilities. This document type is particularly useful when multiple stakeholders need to coordinate their efforts while maintaining separate legal identities and specific obligations. The contract ensures compliance with Singapore law while providing clear frameworks for collaboration, risk allocation, and dispute resolution. It's commonly used in projects where intermediary services, multi-party deliverables, or cascading responsibilities are involved.
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1. Parties: Identification and details of all three contracting parties
2. Background: Context and purpose of the tripartite arrangement
3. Definitions: Key terms used throughout the agreement
4. Roles and Responsibilities: Specific obligations of each party
5. Term and Termination: Duration and conditions for ending the agreement
6. Governing Law: Specification of Singapore law as governing law
1. Confidentiality: Provisions for protecting sensitive information shared between the parties
2. Force Majeure: Provisions addressing unforeseen circumstances that may affect contract performance
3. Data Protection: Compliance provisions with Singapore Personal Data Protection Act (PDPA)
1. Schedule 1 - Service Levels: Detailed performance metrics and standards
2. Schedule 2 - Payment Schedule: Payment terms, amounts, and timelines
3. Schedule 3 - Contact Details: Key contact persons for each party
4. Schedule 4 - Project Timeline: Key milestones and deadlines
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