Mutual Non Disclosure Agreement Template for Denmark

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Mutual Non Disclosure Agreement

Document background

This Mutual Non-Disclosure Agreement template is designed for use under Danish law when two or more parties need to share confidential information while ensuring legal protection of such information. The document is particularly relevant for business negotiations, potential partnerships, due diligence processes, or any situation requiring the exchange of sensitive information. It incorporates key requirements from Danish legislation, including the Trade Secrets Act and relevant EU regulations, making it suitable for both domestic and international business relationships involving Danish entities. The agreement provides comprehensive coverage of confidentiality obligations while remaining flexible enough to accommodate various business contexts and types of confidential information.

Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement and purpose of sharing confidential information

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

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

6. Permitted Disclosures: Circumstances under which confidential information may be shared with representatives or as required by law

7. Security Measures: Required measures for protecting and securing confidential information

8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

9. Term and Termination: Duration of the agreement and termination provisions

10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Data Protection: Required when confidential information includes personal data subject to GDPR

2. Intellectual Property Rights: Needed when confidential information includes or relates to intellectual property

3. Non-Solicitation: Optional provision preventing parties from soliciting each other's employees or customers

4. Residual Rights: Optional clause addressing use of retained knowledge that cannot be purged from memory

5. Competition Restrictions: Required when parties need to address potential competitive activities

6. Export Control: Needed when confidential information may be subject to export control regulations

7. Force Majeure: Optional clause addressing circumstances beyond parties' control affecting performance

Suggested Schedules

1. Description of Permitted Purpose: Detailed description of the specific purposes for which confidential information may be used

2. Authorized Representatives: List of individuals or roles authorized to receive confidential information

3. Security Protocols: Specific security measures and protocols required for handling confidential information

4. Notice Details: Contact information and procedures for sending notices under the agreement

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