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Non Disclosure Agreement Proprietary Information
"I need a Non-Disclosure Agreement Proprietary Information for my Canadian tech startup to protect our AI algorithm development process when sharing details with potential investors; we plan to start fundraising in March 2025 and need specific provisions for digital data protection and source code confidentiality."
1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses
2. Background: Context of the agreement and purpose for sharing confidential information
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Proprietary Information', 'Authorized Representatives', and 'Permitted Purpose'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information
6. Permitted Uses and Disclosures: Specific circumstances under which confidential information may be used or disclosed
7. Term and Termination: Duration of the agreement and procedures for termination
8. Return or Destruction of Confidential Information: Requirements for handling confidential information after termination
9. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
10. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement
1. Separate Agreement for Intellectual Property: Used when parties need to clarify that the NDA doesn't transfer any IP rights
2. Security Protocols: Required for agreements involving digital information or specific security requirements
3. Non-Solicitation: Added when there's a need to prevent poaching of employees or clients
4. Residual Knowledge: Optional clause addressing use of retained knowledge that cannot be practically forgotten
5. Export Control: Required when confidential information may be subject to international trade restrictions
6. Data Privacy Compliance: Needed when confidential information includes personal data subject to privacy laws
7. Competitive Activities: Used when parties need to address potential competitive conflicts
8. Survival: Specific provisions about which obligations survive termination
1. Schedule A - Description of Confidential Information: Detailed listing of specific confidential information covered
2. Schedule B - Authorized Representatives: List of individuals authorized to access confidential information
3. Schedule C - Security Protocols: Specific technical or procedural requirements for handling confidential information
4. Appendix 1 - Acknowledgment Form: Form for authorized representatives to acknowledge their confidentiality obligations
Authors
Authorized Purpose
Authorized Representatives
Business Day
Confidential Information
Disclosing Party
Effective Date
Evaluation Material
Intellectual Property Rights
Notice
Party/Parties
Permitted Disclosees
Proprietary Information
Receiving Party
Representatives
Residual Information
Security Breach
Subsidiary
Term
Third Party
Trade Secrets
Technical Information
Business Information
Confidential Materials
Derivative Works
Non-Disclosure
Information Protection
Permitted Use
Return of Information
Intellectual Property
Term and Termination
Breach and Remedies
Governing Law
Jurisdiction
Assignment
Severability
Entire Agreement
Amendment
Notices
Force Majeure
Data Protection
Security Measures
Survival
Non-Solicitation
Indemnification
Representation and Warranties
Dispute Resolution
Third Party Rights
Waiver
Technology
Healthcare
Manufacturing
Financial Services
Professional Services
Research & Development
Biotechnology
Energy
Telecommunications
Aerospace & Defense
Consumer Products
Entertainment & Media
Legal
Executive Leadership
Research and Development
Business Development
Human Resources
Information Technology
Operations
Finance
Procurement
Corporate Strategy
Innovation
Compliance
Product Development
Chief Executive Officer
Chief Technology Officer
Legal Counsel
Business Development Manager
Research Director
Product Manager
Investment Analyst
Procurement Manager
Human Resources Director
Operations Manager
Project Manager
Technical Consultant
Strategic Partnership Manager
Innovation Director
Compliance Officer
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