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Technology Transfer Agreement

Technology Transfer Agreement Template for Singapore

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Key Requirements PROMPT example:

Technology Transfer Agreement

"I need a Technology Transfer Agreement under Singapore law for transferring proprietary software technology to a manufacturing partner in Malaysia, including provisions for technical support and training over a 24-month period starting March 2025."

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What is a Technology Transfer Agreement?

Technology Transfer Agreements are essential instruments in Singapore's technology-driven economy, used when organizations need to formally transfer technological capabilities, intellectual property rights, or technical know-how. These agreements, governed by Singapore law, provide a comprehensive framework for technology commercialization while ensuring compliance with local regulations. A Technology Transfer Agreement typically includes detailed provisions about the technology being transferred, implementation requirements, confidentiality obligations, and ongoing support arrangements, making it suitable for both domestic and international technology transfers within Singapore's jurisdiction.

What sections should be included in a Technology Transfer Agreement?

1. Parties: Identification and details of the transferor and transferee

2. Background/Recitals: Context of the agreement and high-level description of the technology transfer

3. Definitions: Key terms used throughout the agreement including technical terminology

4. Technology Description: Detailed description of the technology being transferred, its scope and specifications

5. License Grant: Scope and nature of rights being transferred, including any territorial or field-of-use restrictions

6. Payment Terms: Financial considerations, royalties, payment schedules, and any milestone payments

7. Confidentiality: Protection of confidential information, trade secrets, and non-disclosure obligations

8. Term and Termination: Duration of the agreement and conditions for termination or renewal

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

What sections are optional to include in a Technology Transfer Agreement?

1. Technical Support: Details of technical assistance, training, and ongoing support obligations

2. Quality Control: Standards, quality requirements, and quality assurance procedures

3. Improvements: Rights and obligations regarding technological improvements and modifications

4. Export Control: Export compliance requirements and restrictions under Singapore law

5. Competition Compliance: Provisions ensuring compliance with Singapore competition laws

What schedules should be included in a Technology Transfer Agreement?

1. Schedule 1 - Technical Specifications: Detailed technical documentation and specifications of the technology

2. Schedule 2 - Payment Schedule: Detailed breakdown of payments, royalties, and payment milestones

3. Schedule 3 - Training Program: Outline of training programs, timelines, and deliverables

4. Schedule 4 - Quality Standards: Specific quality requirements, metrics, and testing procedures

5. Schedule 5 - IP Schedule: Comprehensive list of patents, copyrights, and other IP being transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























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Industries

Patents Act 1994: Primary legislation governing patent protection in Singapore, crucial for technology transfer agreements involving patented innovations

Copyright Act 1987: Regulates copyright protection, important for software, documentation, and other copyrightable elements in technology transfer

Trade Marks Act 1998: Governs trademark protection, relevant if the technology transfer includes branded elements or licensed marks

Registered Designs Act 2000: Protects industrial designs, relevant for technology transfers involving design elements

Common Law Trade Secrets Protection: Common law principles protecting confidential information and trade secrets, essential for technology transfer agreements

Competition Act 2004: Ensures technology transfer agreements don't create anti-competitive effects in the market

Contract Law (Amendment) Act 2012: Provides the fundamental legal framework for contract formation and enforcement

Electronic Transactions Act 2010: Governs electronic transactions and digital signatures, relevant for digital aspects of technology transfer

Cybersecurity Act 2018: Regulates cybersecurity requirements, important for digital technology transfers

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, relevant if the technology involves data processing

Computer Misuse Act: Provides protection against unauthorized access and modification of computer material

Strategic Goods (Control) Act: Controls the transfer of strategic goods including sensitive technologies

Companies Act: Regulates corporate entities and their activities, including technology transfer transactions

Income Tax Act: Governs taxation aspects of technology transfer agreements including royalties and licensing fees

Industry-Specific Regulations: Various sector-specific regulations depending on the technology domain (biotech, telecom, etc.)

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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