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Non Disclosure Agreement Proprietary Information
"I need a Non-Disclosure Agreement Proprietary Information for my Australian tech startup to protect our AI algorithms and source code while discussing a potential partnership with overseas investors, with the agreement to be effective from March 1, 2025."
1. Parties: Identifies and provides full details of all parties to the agreement
2. Background: Explains the context and purpose of the agreement, including the relationship between the parties
3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information' and 'Permitted Purpose'
4. Scope of Confidential Information: Clearly specifies what information is covered by the agreement and any exclusions
5. Obligations of Confidentiality: Details the core confidentiality obligations and standards of care required
6. Permitted Use and Disclosure: Specifies how confidential information may be used and circumstances under which it can be disclosed
7. Security Measures: Outlines required measures to protect confidential information
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
11. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
1. Intellectual Property Rights: Required when confidential information includes IP or when IP might be created through the use of confidential information
2. Non-Solicitation: Include when there's a risk of party poaching employees or clients
3. Residual Knowledge: Optional clause addressing use of information retained in unaided memory
4. Data Privacy Compliance: Required when confidential information includes personal data subject to privacy laws
5. Export Control: Include when information may be subject to international transfer restrictions
6. Competitive Activity Restrictions: Optional restrictions on competitive activities during the confidentiality period
7. Subcontractors and Agents: Include when parties need to share information with their representatives
8. Insurance Requirements: Include when specific insurance coverage is required for handling confidential information
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures required
4. Schedule 4 - Permitted Purpose Details: Detailed description of how confidential information may be used
5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings by employees or representatives
6. Appendix B - Data Handling Procedures: Specific procedures for handling, storing, and disposing of confidential information
Authors
Proprietary Information
Trade Secrets
Disclosing Party
Receiving Party
Authorised Purpose
Authorised Recipients
Business Day
Commencement Date
Confidentiality Obligation
Disclosed
Effective Date
Intellectual Property Rights
Personal Information
Personnel
Representatives
Related Body Corporate
Security Requirements
Services
Permitted Purpose
Term
Third Party
Unauthorised Disclosure
Working Hours
Affiliate
Confidentiality Period
Derived Information
Excluded Information
Notice
Residual Information
Proprietary Rights
Non-Disclosure
Permitted Use
Security Measures
Data Protection
Return of Information
Term and Termination
Breach and Remedies
Indemnification
Governing Law
Dispute Resolution
Severability
Assignment
Notices
Entire Agreement
Variation
Waiver
Force Majeure
Counterparts
Survival
Third Party Rights
Costs
Relationship of Parties
Compliance with Laws
Non-Solicitation
Intellectual Property
Publicity
Technology
Healthcare
Financial Services
Manufacturing
Professional Services
Research & Development
Biotechnology
Mining & Resources
Real Estate
Retail
Education
Media & Entertainment
Telecommunications
Energy
Construction
Legal
Human Resources
Executive Leadership
Business Development
Research & Development
Information Technology
Finance
Operations
Procurement
Risk & Compliance
Innovation
Strategic Planning
Information Security
Corporate Development
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Legal Counsel
Human Resources Director
Business Development Manager
Project Manager
Research Director
Investment Manager
Operations Manager
Procurement Manager
Contract Administrator
Innovation Manager
Strategic Partnership Director
Information Security Officer
Risk Manager
Compliance Officer
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