Confidentiality Agreement For Business Idea Template for United Arab Emirates

1. Intellectual Property Rights: Specific provisions clarifying ownership of IP rights, particularly relevant when the business idea involves patentable concepts or creative works

2. Non-Competition: Restrictions on competing activities, to be included when there's risk of the receiving party developing similar business ideas

3. Non-Solicitation: Prevents solicitation of employees or customers, relevant when sharing information about business relationships

4. Data Protection Compliance: Specific provisions for compliance with UAE data protection laws, necessary when personal data is involved

5. Digital Security Measures: Specific requirements for handling digital information, important for technology-based business ideas

6. Shariah Compliance Declaration: Statement of Shariah compliance, particularly important when dealing with Islamic financial institutions or investors

7. Representatives' Obligations: Detailed provisions regarding obligations of employees and representatives, useful when wider access to information is needed

1. Schedule 1: Description of Business Idea: Detailed description of the business idea and related confidential information

2. Schedule 2: Authorized Representatives: List of authorized representatives who may access the confidential information

3. Schedule 3: Security Protocols: Specific security measures and protocols for handling confidential information

4. Schedule 4: Disclosure Log: Template for recording all instances of authorized disclosure of confidential information

5. Appendix A: Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives or permitted third parties