Indemnity In Confidentiality Agreement Generator for Germany

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Key Requirements PROMPT example:

Indemnity In Confidentiality Agreement

"I need an Indemnity In Confidentiality Agreement under German law for a joint technology development project between our software company and a manufacturing partner, with specific emphasis on protecting our AI algorithms and including substantial indemnification provisions for any unauthorized disclosure."

Document background

The Indemnity In Confidentiality Agreement is essential for business relationships where sensitive information needs to be shared while maintaining robust protection mechanisms. This document, governed by German law, is particularly valuable in scenarios involving significant business transactions, joint ventures, or strategic partnerships where parties need both confidentiality assurance and financial protection through indemnification. The agreement addresses the specific requirements of German contract law, including the BGB and GeschGehG, while providing clear remedies for confidentiality breaches. It is commonly used in corporate transactions, technology licensing, research collaborations, and other business arrangements where protecting proprietary information is crucial and parties require specific indemnification against potential losses arising from unauthorized disclosure.

Suggested Sections

1. Parties: Identification and details of the parties entering into the agreement

2. Background: Context of the agreement and the relationship between the parties

3. Definitions: Key terms including 'Confidential Information', 'Indemnified Parties', 'Losses', and other relevant definitions

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed

6. Security Measures: Required measures for protecting confidential information

7. Indemnification: Scope of indemnity, covered losses, and process for claiming indemnification

8. Duration and Survival: Term of the agreement and provisions that survive termination

9. Return or Destruction of Confidential Information: Obligations regarding confidential information upon termination

10. Governing Law and Jurisdiction: Specification of German law application and jurisdiction

11. General Provisions: Standard clauses including severability, amendments, and notices

Optional Sections

1. Specific Industry Compliance: Additional provisions for regulated industries or specific sector requirements

2. Data Protection: Specific GDPR compliance provisions when personal data is involved

3. Insurance Requirements: Obligations to maintain specific insurance coverage for indemnification

4. Alternative Dispute Resolution: Mediation or arbitration procedures before court litigation

5. Parent Company Guarantee: Additional guarantee provisions when dealing with subsidiaries

6. Intellectual Property Rights: Specific provisions regarding IP when confidential information includes IP elements

7. Export Control: Additional provisions when confidential information is subject to export control regulations

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of information covered by the agreement

2. Schedule 2 - Security Protocols: Specific security measures and procedures required for protecting confidential information

3. Schedule 3 - Authorized Recipients: List of individuals or roles authorized to access confidential information

4. Schedule 4 - Indemnification Procedures: Detailed procedures for making and responding to indemnification claims

5. Schedule 5 - Form of Confidentiality Undertaking: Template for confidentiality undertakings by authorized recipients

6. Appendix A - Notice Requirements: Contact details and procedures for serving notices under the agreement

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

alex.den.21@genieai.co

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Compliance

Executive Leadership

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Risk Management

Business Development

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Data Protection

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General Counsel

Legal Director

Compliance Officer

Chief Executive Officer

Chief Technology Officer

Chief Information Security Officer

Business Development Director

Research Director

Intellectual Property Manager

Contract Manager

Corporate Secretary

Risk Manager

Privacy Officer

Information Security Manager

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Let's create your Indemnity In Confidentiality Agreement

Authors

Alex Denne

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