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Short Form Non Disclosure Agreement
"I need an Australian Short Form Non Disclosure Agreement for discussions with a potential software development vendor who will need access to our proprietary code and internal systems documentation during the project evaluation phase starting March 2025."
1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Brief context explaining why the parties are entering into the NDA and the general purpose of the information sharing
3. Definitions: Defines key terms, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Use and Disclosure: Specifies how the recipient may use the confidential information and to whom it may be disclosed
6. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request
7. Term and Termination: Duration of the agreement and circumstances for termination
8. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and execution
1. Security Measures: Specific security requirements for storing and handling confidential information, recommended when dealing with sensitive technical or digital information
2. Intellectual Property Rights: Clarification of IP ownership and rights, important when confidential information includes IP-sensitive material
3. Non-Solicitation: Prevents poaching of employees or clients, relevant when parties are competitors or in similar industries
4. Breach Notification: Procedures for handling and reporting potential breaches, important for highly sensitive information
5. Indemnification: Specific indemnity provisions, recommended for high-risk information sharing
6. Survival: Specifies which obligations continue after termination, important for long-term sensitive information
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the NDA
2. Schedule 2 - Permitted Purpose: Detailed description of the specific purpose for which the confidential information may be used
Authors
Technology
Professional Services
Healthcare
Financial Services
Manufacturing
Research and Development
Education
Retail
Real Estate
Construction
Media and Entertainment
Biotechnology
Consulting
Energy
Telecommunications
Legal
Human Resources
Business Development
Executive Leadership
Procurement
Research and Development
Information Technology
Finance
Operations
Sales
Compliance
Corporate Development
Innovation
Strategic Planning
Administrative
Chief Executive Officer
Business Development Manager
Legal Counsel
Human Resources Director
Project Manager
Research Director
Chief Technology Officer
Procurement Manager
Investment Manager
Operations Manager
Sales Director
Contract Administrator
Chief Financial Officer
Innovation Manager
Partnership Manager
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