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Internal NDA
"I need an Internal NDA under Hong Kong law for our fintech startup's new research division, with special focus on protecting our proprietary trading algorithms and ensuring compliance with PDPO requirements for handling customer financial data."
1. Parties: Identifies the company and the employee/internal party bound by the NDA
2. Background: Brief context explaining the purpose of the NDA and the internal relationship
3. Definitions: Defines key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Authorized Personnel'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information within the organization
5. Confidentiality Obligations: Core obligations regarding handling, protecting, and not disclosing confidential information
6. Permitted Use and Disclosure: Circumstances under which confidential information may be used or shared internally
7. Security Measures: Required procedures for protecting confidential information
8. Return or Destruction of Information: Requirements for handling confidential information upon request or termination
9. Duration of Obligations: Period for which confidentiality obligations remain in force
10. Breach and Consequences: Actions constituting breach and resulting consequences
11. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement
1. Data Protection Compliance: Additional provisions when confidential information includes personal data under the PDPO
2. Intellectual Property Rights: Specific provisions when confidential information includes IP-related materials
3. Internal Reporting Requirements: Procedures for reporting confidentiality breaches or concerns internally
4. Information Security Systems: Specific technical requirements for handling digital confidential information
5. Exit Procedures: Detailed procedures for handling confidential information when leaving the organization
6. Internal Audit Rights: Company's rights to audit compliance with the NDA
7. Training Requirements: Mandatory training requirements for handling confidential information
1. Schedule 1 - Confidential Information Classification: Template for marking and classifying different levels of confidential information
2. Schedule 2 - Authorized Personnel: List or categories of personnel authorized to access different levels of confidential information
3. Schedule 3 - Security Procedures: Detailed security protocols and procedures for handling confidential information
Authors
Company
Internal Stakeholder
Permitted Purpose
Authorized Personnel
Proprietary Information
Trade Secrets
Personal Data
Group Companies
Confidentiality Period
Security Requirements
Permitted Disclosures
Internal Systems
Company Materials
Intellectual Property Rights
Confidential Materials
Security Breach
Unauthorized Access
Confidentiality Obligations
Working Hours
Company Premises
Information Classification Levels
Digital Systems
Security Protocols
Third Party
Affiliate
Representatives
Term
Effective Date
Termination Date
Data Protection
Access Rights
Security Measures
Non-Disclosure
Return of Information
Permitted Use
Duration
Termination
Breach
Remedies
Internal Reporting
Monitoring
Audit Rights
Information Classification
Third Party Disclosure
Survival
Assignment
Variation
Severability
Notices
Governing Law
Jurisdiction
Entire Agreement
Counterparts
Financial Services
Technology
Healthcare
Manufacturing
Professional Services
Retail
Telecommunications
Education
Real Estate
Insurance
Biotechnology
Construction
Media and Entertainment
Logistics
Energy
Human Resources
Legal
Information Technology
Research and Development
Finance
Operations
Marketing
Sales
Customer Service
Product Development
Quality Assurance
Administration
Executive Leadership
Compliance
Business Development
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Human Resources Director
Legal Counsel
Compliance Officer
Project Manager
Software Developer
Research Scientist
Financial Analyst
Business Development Manager
Product Manager
Operations Manager
Data Analyst
Marketing Manager
Administrative Assistant
Customer Service Representative
Sales Executive
Technical Support Specialist
Quality Assurance Engineer
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