Business Sale Non Disclosure Agreement Template for Hong Kong

1. Non-Solicitation: Prevents poaching of employees or clients, used when human capital is a key business asset

2. Exclusivity Period: Prevents the seller from negotiating with other potential buyers, used when buyer requires exclusive negotiation rights

3. Data Protection Compliance: Specific provisions for compliance with PDPO, used when personal data will be shared

4. Securities Trading Restriction: Used when either party is listed or related to listed companies

5. Reverse Due Diligence: Provisions for seller to verify buyer's capability to complete transaction, used in high-value deals

6. Anti-Money Laundering: Compliance provisions required for regulated industries or high-risk transactions

7. Force Majeure: Provisions for extraordinary events affecting compliance, used in long-term NDAs

1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for using confidential information

2. Schedule 2 - Authorized Representatives: List of authorized individuals or roles who may access the confidential information

3. Schedule 3 - Security Protocols: Specific security measures and procedures required for handling confidential information

4. Schedule 4 - Excluded Information: List of information specifically excluded from confidentiality obligations

5. Appendix A - Data Room Rules: Rules and procedures for accessing and using virtual or physical data rooms

6. Appendix B - Return/Destruction Certificate: Form for certifying the return or destruction of confidential information