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Domain Name Sale Agreement

Domain Name Sale Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Domain Name Sale Agreement

"I need a Domain Name Sale Agreement for transferring a premium .ae domain name to a UAE-based technology company, with payment to be made in three installments and completion scheduled for March 2025."

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Document background
The Domain Name Sale Agreement is essential for businesses and individuals in the UAE engaging in the purchase or sale of domain names. This document is specifically designed to comply with UAE federal laws, including Federal Law No. 1 of 2006 on Electronic Commerce and Transactions, and incorporates necessary provisions for domain transfer under UAE domain administration requirements. It becomes necessary when transferring ownership of domain names, particularly .ae domains or international domains owned by UAE-based entities. The agreement covers crucial aspects such as ownership verification, payment terms, transfer procedures, warranties, and post-transfer obligations, while ensuring compliance with UAE cyber regulations and intellectual property laws.
Suggested Sections

1. Parties: Identification of the Seller and Buyer, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including current ownership status of the domain name and intention to transfer

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

4. Subject Matter of Sale: Specific details of the domain name(s) being sold, including exact spelling and TLD

5. Purchase Price and Payment Terms: Agreed purchase price, payment method, and payment schedule

6. Transfer Process: Step-by-step process for transferring the domain name ownership

7. Seller's Representations and Warranties: Seller's confirmations regarding ownership, rights to sell, and domain status

8. Buyer's Representations and Warranties: Buyer's confirmations regarding legal capacity and intended use

9. Closing Process: Timeline and requirements for completing the transfer

10. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction

11. General Provisions: Standard contract clauses including notices, amendments, and severability

Optional Sections

1. Escrow Arrangements: Details of escrow service if used for the transaction

2. Domain Name Usage History: Historical information about the domain's use, needed for high-value domains

3. Intellectual Property Rights: Additional provisions if the domain includes trademarks or brand names

4. Post-Transfer Support: Terms for technical support or assistance after transfer

5. Non-Competition Clause: Restrictions on seller's future domain activities if agreed

6. Privacy and Data Transfer: Required if the domain has associated user data or privacy implications

7. Domain Revenue Transfer: Provisions for transferring existing revenue streams if the domain is income-generating

Suggested Schedules

1. Schedule 1 - Domain Technical Details: Technical specifications, hosting details, and control panel access information

2. Schedule 2 - Transfer Documentation: Required forms and documents for domain registrar transfer

3. Schedule 3 - Payment Schedule: Detailed payment terms if involving installments or multiple payments

4. Schedule 4 - Domain Historical Records: WHOIS history and ownership documentation

5. Appendix A - Due Diligence Results: Results of any technical or legal due diligence performed

6. Appendix B - Related Intellectual Property: List of any associated trademarks or intellectual property rights

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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
























Clauses






























Relevant Industries

Technology

E-commerce

Digital Media

Professional Services

Financial Services

Healthcare

Education

Retail

Real Estate

Telecommunications

Consulting

Marketing and Advertising

Relevant Teams

Legal

Information Technology

Digital Operations

Compliance

Corporate Development

Brand Management

Technical Operations

Procurement

Business Development

Risk Management

Relevant Roles

Chief Technology Officer

IT Director

Digital Assets Manager

Legal Counsel

Compliance Officer

Domain Portfolio Manager

Business Development Manager

E-commerce Manager

Digital Operations Manager

Web Services Administrator

Brand Protection Manager

Intellectual Property Manager

Corporate Counsel

Technology Procurement Manager

Industries







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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