NDA Between Two Companies Generator for United Arab Emirates

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Key Requirements PROMPT example:

NDA Between Two Companies

"I need an NDA Between Two Companies under UAE law for a potential joint venture between my technology company and a manufacturing company, with specific provisions for protecting software source code and manufacturing processes, to be effective from March 2025."

Document background
This NDA Between Two Companies is essential for businesses operating in the UAE who need to protect confidential information during business discussions, negotiations, or collaborations. The document is structured to comply with UAE legal requirements, including the UAE Civil Code and Federal Laws governing commercial transactions and data protection. It's particularly relevant for companies engaging in preliminary discussions, due diligence processes, joint ventures, or any situation requiring the exchange of sensitive business information. The agreement includes comprehensive provisions for defining confidential information, outlining usage restrictions, specifying security measures, and establishing remedies under UAE law. It's designed to accommodate both local UAE companies and international businesses operating within the UAE jurisdiction.
Suggested Sections

1. Parties: Identification of the two companies entering into the NDA, including full legal names, registration numbers, and registered addresses

2. Background: Context of the relationship and purpose of sharing confidential information

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

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations and standard of care required

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information

9. Duration and Survival: Term of the agreement and surviving obligations

10. Breach and Remedies: Consequences of breach and available remedies under UAE law

11. General Provisions: Standard provisions including notices, amendments, severability, and governing law

Optional Sections

1. Data Protection Compliance: Additional provisions for compliance with UAE data protection laws when personal data is involved

2. Intellectual Property Rights: Specific provisions regarding IP rights when technical or proprietary information is shared

3. Non-Solicitation: Restrictions on soliciting employees or clients, if relevant to the business relationship

4. Language Precedence: Required when the agreement is bilingual, establishing which language version prevails

5. Export Control: Required when dealing with technical data subject to export control regulations

6. Competitive Restrictions: Additional restrictions on competitive activities, if appropriate for the business relationship

Suggested Schedules

1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for information sharing

2. Schedule 2 - Security Protocols: Specific security measures and protocols to be followed

3. Schedule 3 - Authorized Representatives: List of authorized representatives who may access confidential information

4. Appendix A - Types of Confidential Information: Detailed categorization of confidential information covered

5. Appendix B - Return/Destruction Certificate: Template certificate for confirming return or destruction of confidential information

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

Technology

Financial Services

Manufacturing

Healthcare

Real Estate

Professional Services

Energy

Construction

Retail

Telecommunications

Logistics

Consulting

Automotive

Aerospace

Education

Media and Entertainment

Relevant Teams

Legal

Corporate Development

Executive Leadership

Business Development

Research and Development

Operations

Finance

Human Resources

Information Technology

Procurement

Strategy

Mergers and Acquisitions

Innovation

Commercial

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Chief Legal Officer

Business Development Manager

Chief Financial Officer

Project Manager

Operations Director

Research and Development Director

Chief Technology Officer

Head of Strategy

Chief Operating Officer

Procurement Manager

Human Resources Director

Commercial Manager

Investment Manager

Corporate Development 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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