The Subscription Contract is essential for businesses operating in Singapore that provide recurring services or products. This document type complies with Singapore's legal framework, including the Electronic Transactions Act and Consumer Protection regulations. The contract typically details service delivery terms, payment schedules, data protection measures, and termination rights. It's particularly relevant for digital services, content platforms, and recurring service providers who need to establish clear terms while ensuring compliance with Singapore's regulatory requirements.
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Key Requirements PROMPT example:
Subscription Contract
"I need a Subscription Contract for my new SaaS platform launching in Singapore, with specific provisions for data protection and automatic renewal terms, targeting enterprise customers with monthly billing cycles starting from March 2025."
1. Parties: Identification of service provider and subscriber, including registration details
2. Background: Context of the subscription service and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Service Description: Detailed description of the subscription services provided
5. Subscription Terms: Duration, renewal, and termination conditions
6. Payment Terms: Pricing, billing cycles, payment methods, and late payment consequences
7. Data Protection: PDPA compliance provisions and data handling procedures
8. Governing Law: Singapore law provisions and jurisdiction
1. Service Level Agreement: Used when specific performance metrics need to be guaranteed. Include for technical or critical services.
2. Territory Restrictions: Geographic limitations on service access. Include for region-specific or licensed content.
3. User Acceptable Policy: Rules for service usage. Include for digital platforms or content services.
1. Schedule 1 - Pricing Schedule: Detailed breakdown of subscription tiers and pricing
2. Schedule 2 - Service Specifications: Technical specifications and service details
3. Schedule 3 - Service Level Metrics: Performance indicators and measurement criteria
4. Appendix A - Data Processing Agreement: Detailed PDPA compliance procedures
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