Non Disclosure Agreement Due Diligence Template for United Arab Emirates

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Key Requirements PROMPT example:

Non Disclosure Agreement Due Diligence

"I need a Non Disclosure Agreement Due Diligence for a potential acquisition of a UAE-based technology company by a Chinese investor, with specific provisions for cross-border data transfer and protection of source code and intellectual property."

Document background
This Non Disclosure Agreement Due Diligence template is specifically crafted for use in the United Arab Emirates, where stringent data protection and confidentiality laws govern business transactions. The document is essential when parties need to exchange sensitive business, financial, or operational information during transaction evaluation phases, such as mergers, acquisitions, investments, or strategic partnerships. It incorporates key provisions from UAE Federal Decree-Law No. 45/2021 on Personal Data Protection, as well as relevant commercial and civil laws, ensuring compliance with local regulatory requirements while providing comprehensive protection for confidential information. The agreement is particularly relevant for transactions involving UAE-based entities or international companies conducting business activities within the UAE jurisdiction, and includes specific provisions for data room access, information handling protocols, and post-evaluation confidentiality obligations.
Suggested Sections

1. Parties: Identification of the disclosing party and receiving party, including full legal names, registration numbers, and registered addresses

2. Background: Context of the potential transaction or business relationship necessitating the due diligence process

3. Definitions: Detailed definitions including 'Confidential Information', 'Permitted Purpose', 'Representatives', 'Affiliate', and other key terms

4. Scope of Confidential Information: Comprehensive description of what constitutes confidential information in the context of the due diligence

5. Permitted Use and Disclosure: Specific purposes for which the confidential information can be used and conditions for disclosure to representatives

6. Obligations of Receiving Party: Detailed responsibilities including security measures, access controls, and standard of care

7. Return or Destruction of Confidential Information: Requirements and procedures for handling confidential information after the due diligence process

8. Term and Survival: Duration of the agreement and which obligations survive termination

9. Data Protection and Compliance: Compliance with UAE data protection laws and regulations

10. Remedies: Legal remedies available in case of breach, including injunctive relief

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

Optional Sections

1. Third Party Rights: Required when third parties may have rights under the agreement or when information about third parties is included

2. Cross-Border Data Transfer: Necessary when confidential information may be transferred outside the UAE

3. Specific Industry Requirements: Added for regulated industries like financial services or healthcare

4. Non-Solicitation: Optional clause preventing solicitation of employees or customers

5. Publicity: Restrictions on public announcements about the potential transaction

6. Force Majeure: Provisions for unforeseen circumstances affecting compliance

7. Anti-Money Laundering Compliance: Required for financial sector due diligence

8. Shariah Compliance: Required when dealing with Islamic financial institutions

Suggested Schedules

1. Schedule 1 - Description of the Proposed Transaction: Detailed description of the transaction or relationship under consideration

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

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

4. Schedule 4 - Data Room Rules: Rules and procedures for accessing and using the data room if applicable

5. Schedule 5 - Information Classification Guidelines: Guidelines for classifying different types of confidential information

6. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings by representatives

7. Appendix B - Data Processing Requirements: Specific requirements for processing personal data under UAE law

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 legal definitions
Clauses
Relevant Industries

Financial Services

Real Estate & Construction

Oil & Gas

Technology

Healthcare

Retail & Consumer

Manufacturing

Hospitality & Tourism

Transportation & Logistics

Media & Entertainment

Telecommunications

Education

Energy & Utilities

Professional Services

Islamic Finance

Relevant Teams

Legal

Corporate Development

Mergers & Acquisitions

Finance

Compliance

Risk Management

Strategy

Investment

Business Development

Executive Leadership

Corporate Secretariat

Data Protection

Information Security

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Legal Director

Corporate Development Director

Investment Manager

Due Diligence Manager

Merger & Acquisition Director

Business Development Director

Compliance Officer

Risk Manager

Strategy Director

Corporate Secretary

Investment Analyst

Legal Counsel

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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