Trade Secret Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Trade Secret Agreement

"I need a Trade Secret Agreement for my Dubai-based software company to protect our proprietary AI algorithms when sharing them with a manufacturing partner in Abu Dhabi, with special emphasis on digital security measures and specific provisions for source code protection."

Document background
The Trade Secret Agreement is essential for businesses operating in the UAE who need to protect their valuable proprietary information when sharing it with other parties. This document is particularly relevant in light of the UAE's Federal Law No. 11 of 2021 on Industrial Property Rights, which provides enhanced protection for trade secrets. The agreement should be used whenever confidential business information, technical know-how, or other proprietary information needs to be shared with external parties, employees, or contractors. It includes detailed provisions for maintaining confidentiality, security measures, permitted uses, and consequences of breach, all aligned with UAE legal requirements. The document is especially important given the UAE's position as a global business hub and its increasing focus on knowledge-based industries and intellectual property protection.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details

2. Background: Context of the agreement, relationship between parties, and purpose of sharing trade secrets

3. Definitions: Detailed definitions of Trade Secrets, Confidential Information, Permitted Purpose, Authorized Representatives, and other key terms

4. Scope of Protected Information: Specific description of what constitutes trade secrets and confidential information under the agreement

5. Obligations of Receiving Party: Detailed responsibilities for protecting trade secrets, including security measures, access restrictions, and usage limitations

6. Permitted Disclosures: Circumstances under which trade secrets may be shared and procedures for such sharing

7. Security Measures: Specific security protocols and measures required to protect the trade secrets

8. Term and Survival: Duration of the agreement and obligations that continue after termination

9. Return or Destruction of Information: Procedures for returning or destroying trade secrets upon termination or request

10. Breach and Remedies: Consequences of breach, including injunctive relief and damages

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

Optional Sections

1. Employee and Contractor Obligations: Additional provisions for when receiving party needs to share information with employees or contractors

2. Special Industry Requirements: Specific provisions required for regulated industries or special sectors

3. Digital Security Measures: Detailed IT and cybersecurity requirements for digital information

4. Audit Rights: Rights and procedures for auditing compliance with security measures

5. Competition Law Compliance: Specific provisions ensuring compliance with UAE competition laws

6. Insurance Requirements: Obligations to maintain specific insurance coverage for trade secret protection

7. Third Party Rights: Provisions regarding rights of third parties who own or have interest in the trade secrets

8. Export Control: Provisions for trade secrets subject to export control regulations

Suggested Schedules

1. Schedule 1 - Protected Information: Detailed list and description of specific trade secrets covered by the agreement

2. Schedule 2 - Authorized Representatives: List of individuals authorized to access and handle the trade secrets

3. Schedule 3 - Security Protocols: Detailed security procedures and requirements for handling trade secrets

4. Schedule 4 - Permitted Purpose: Detailed description of authorized uses of the trade secrets

5. Appendix A - Information Classification Guide: Guidelines for classifying different types of confidential information

6. Appendix B - Incident Response Plan: Procedures for responding to potential or actual breaches

7. Appendix C - Certificate of Destruction: Template for documenting destruction of trade secrets

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
Relevant Industries

Technology and Software

Manufacturing and Industrial

Healthcare and Pharmaceuticals

Financial Services

Professional Services

Research and Development

Aerospace and Defense

Chemical and Materials

Automotive

Consumer Electronics

Biotechnology

Energy and Resources

Relevant Teams

Legal

Research and Development

Information Technology

Human Resources

Intellectual Property

Information Security

Compliance

Operations

Business Development

Product Development

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Legal Counsel

Intellectual Property Manager

Research Director

Product Development Manager

Business Development Manager

Information Security Officer

Human Resources Director

Operations Manager

Project Manager

Technical Consultant

Innovation Manager

Compliance Officer

Contract 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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