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Agile Software Development Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Agile Software Development Agreement

I need an Agile Software Development Agreement for a fintech project starting in March 2025, where we'll be engaging a Hong Kong-based developer to create a mobile payment application that needs to comply with HKMA regulations and handle sensitive financial data.

Document background
The Agile Software Development Agreement is essential for organizations engaging in modern software development projects in Hong Kong. It provides a legal framework that balances the flexibility required for agile methodologies with the certainty needed in commercial contracts. This document is particularly relevant when companies require custom software development using iterative development approaches, need to maintain adaptability to changing requirements, and want to ensure clear accountability and delivery metrics. The agreement incorporates Hong Kong's legal requirements while addressing key commercial aspects such as intellectual property rights, data protection, and service delivery standards. It's designed to support both traditional businesses undergoing digital transformation and technology companies seeking to formalize their development relationships.
Suggested Sections

1. Parties: Identification of contracting parties and their registered addresses

2. Background: Context of the agreement and high-level project objectives

3. Definitions: Key terms including Sprints, User Stories, Product Backlog, Definition of Done, etc.

4. Scope of Services: High-level description of the software development services and project objectives

5. Agile Development Process: Details of the sprint process, ceremonies, and team structure

6. Project Governance: Roles and responsibilities, including Product Owner, Scrum Master, and development team

7. Acceptance Criteria: Process for accepting deliverables and Definition of Done

8. Change Control: Process for managing changes to the Product Backlog and priorities

9. Payment Terms: Fee structure, payment schedule, and related conditions

10. Intellectual Property Rights: Ownership and licensing of developed software and materials

11. Confidentiality: Protection of confidential information and trade secrets

12. Data Protection: Obligations regarding personal data handling and security

13. Warranties: Standard warranties for services and deliverables

14. Limitation of Liability: Caps on liability and exclusions

15. Term and Termination: Duration, renewal, and termination provisions

16. General Provisions: Standard boilerplate clauses including governing law, notices, etc.

Optional Sections

1. Service Levels: Include when specific performance metrics are required, defining response times and availability

2. Security Requirements: Include for projects involving sensitive data or specific security compliance needs

3. Business Continuity: Include when the software is business-critical and requires disaster recovery planning

4. Third-Party Software: Include when the solution will incorporate third-party software or open source components

5. Training: Include when developer training or end-user training is part of the scope

6. Maintenance and Support: Include when post-development support is part of the arrangement

7. Client Dependencies: Include when there are significant client-side responsibilities or prerequisites

8. Compliance Requirements: Include when specific regulatory compliance is required (e.g., financial services, healthcare)

Suggested Schedules

1. Initial Product Backlog: High-level list of initial features and requirements

2. Pricing and Payment Schedule: Detailed breakdown of fees, rates, and payment milestones

3. Technical Requirements: Technical specifications, architecture, and standards

4. Service Levels and KPIs: Detailed performance metrics and measurement criteria

5. Project Team Structure: Key personnel, roles, and responsibilities

6. Development Environment Requirements: Technical specifications for development, testing, and production environments

7. Acceptance Testing Procedures: Detailed procedures for testing and accepting deliverables

8. Security Standards: Required security standards and compliance requirements

9. Change Request Template: Standard form for requesting and documenting changes

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

Relevant legal definitions

















































Clauses




































Relevant Industries

Technology

Financial Services

Healthcare

E-commerce

Retail

Manufacturing

Professional Services

Telecommunications

Insurance

Banking

Education

Government

Media and Entertainment

Logistics

Real Estate

Relevant Teams

Legal

Information Technology

Procurement

Software Development

Project Management

Risk and Compliance

Operations

Commercial

Digital Transformation

Product Management

Information Security

Vendor Management

Relevant Roles

Chief Technology Officer

Head of Legal

IT Director

Project Manager

Product Owner

Scrum Master

Legal Counsel

Procurement Manager

Software Development Manager

Contract Manager

Chief Information Officer

Head of Digital Transformation

Technology Procurement Specialist

IT Operations Manager

Risk Manager

Compliance Officer

Commercial Director

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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