Confidentiality Waiver Template for United Arab Emirates

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Key Requirements PROMPT example:

Confidentiality Waiver

"I need a Confidentiality Waiver for our upcoming merger with ABC Technologies LLC, allowing their due diligence team to access our financial and operational records from January 2025 through June 2025, while maintaining protection for our customer data and trade secrets."

Document background
The Confidentiality Waiver is essential in UAE business operations where parties need to be released from existing confidentiality obligations for legitimate business purposes. This document is commonly used in merger and acquisition processes, due diligence exercises, regulatory compliance, or strategic partnerships where sharing previously restricted information becomes necessary. Operating under UAE law, it provides a formal mechanism to waive specific confidentiality obligations while maintaining appropriate protections and ensuring compliance with UAE federal and emirate-level regulations. The document carefully balances the need for information sharing with legal protection requirements, particularly considering UAE data protection laws and commercial regulations.
Suggested Sections

1. Parties: Identification of the party granting the waiver (Waiving Party) and the party receiving the benefit of the waiver (Receiving Party)

2. Background: Context of the waiver, including the original confidentiality obligations and the reason for the waiver

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Permitted Recipients', and other relevant definitions

4. Scope of Waiver: Specific description of what confidential information is being waived and to what extent

5. Duration: Time period for which the waiver is valid

6. Limitations and Restrictions: Any restrictions on the use of the information and specific exclusions from the waiver

7. Remaining Obligations: Clarification of confidentiality obligations that remain in force

8. Representations and Warranties: Statements regarding authority to grant waiver and compliance with laws

9. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant jurisdiction for disputes

Optional Sections

1. Third Party Rights: Include when the waiver affects rights of third parties or requires third party consents

2. Regulatory Compliance: Include for regulated industries or when specific regulatory requirements apply

3. Indemnification: Include when the Receiving Party needs to indemnify the Waiving Party against potential claims

4. Severability: Include when there's a need to ensure remaining provisions survive if any part is found invalid

5. Return or Destruction of Information: Include when there are specific requirements for handling the information after the waiver period

6. Data Protection Compliance: Include when personal data is involved, ensuring compliance with UAE Data Protection Law

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or description of the specific confidential information covered by the waiver

2. Schedule 2 - Permitted Recipients: List of specific individuals or entities authorized to receive the confidential information

3. Schedule 3 - Permitted Purpose: Detailed description of the authorized uses of the confidential information

4. Appendix A - Original Confidentiality Agreement: Copy of the original confidentiality agreement being partially or fully waived

5. Appendix B - Required Consents: Copies of any third-party or regulatory consents obtained for the waiver

Authors

Alex Denne

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

Relevant Industries

Financial Services

Technology

Healthcare

Professional Services

Real Estate

Manufacturing

Energy

Telecommunications

Construction

Education

Retail

Hospitality

Maritime

Aviation

Free Zone Operations

Relevant Teams

Legal

Compliance

Executive Leadership

Human Resources

Information Security

Risk Management

Corporate Governance

Business Development

Mergers & Acquisitions

Operations

Finance

Corporate Affairs

Investment

Relevant Roles

Chief Executive Officer

Legal Counsel

Compliance Officer

Chief Financial Officer

Business Development Manager

Project Manager

Human Resources Director

Information Security Officer

Risk Manager

Operations Director

Corporate Secretary

Investment Manager

Managing Partner

Mergers & Acquisitions Director

Due Diligence Officer

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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