Confidentiality Agreement Indemnity Template for Malaysia

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Key Requirements PROMPT example:

Confidentiality Agreement Indemnity

"I need a Confidentiality Agreement Indemnity for a technology licensing deal between my Malaysian software company and a Singapore-based manufacturer, with specific protections for our source code and technical specifications, to be effective from March 2025."

Document background

The Confidentiality Agreement Indemnity is essential for business relationships where sensitive information needs to be shared while maintaining robust protection mechanisms. This document is particularly relevant under Malaysian law where parties need both confidentiality safeguards and specific indemnification provisions. It is commonly used in scenarios such as business negotiations, joint ventures, professional services engagements, or technology transfers where the disclosing party requires additional security through indemnification alongside standard confidentiality provisions. The agreement ensures compliance with Malaysian legal requirements while providing clear mechanisms for both protecting confidential information and securing financial compensation in case of breaches.

Suggested Sections

1. Parties: Identification and details of all parties to the agreement, including registered addresses and company registration numbers

2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information

3. Definitions: Definitions of key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and 'Indemnified Parties'

4. Confidentiality Obligations: Core obligations regarding maintaining confidentiality, including specific restrictions and security measures

5. Permitted Uses and Disclosures: Specified circumstances under which confidential information may be used or disclosed

6. Indemnification: Specific indemnity provisions, including scope of indemnity, triggers, and process for claims

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

8. Term and Termination: Duration of the agreement and circumstances for termination

9. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement provisions

Optional Sections

1. Third Party Rights: Required when third parties may need rights under the agreement, such as affiliated companies or representatives

2. Data Protection: Necessary when confidential information includes personal data subject to PDPA 2010

3. Industry-Specific Compliance: Required for regulated industries such as financial services or healthcare

4. Intellectual Property Rights: Important when confidential information includes or relates to IP rights

5. Insurance Requirements: May be needed for high-value agreements or where specific insurance coverage is required

6. Security Measures: Detailed security requirements for handling confidential information, particularly relevant for technical or sensitive data

Suggested Schedules

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

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

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

4. Schedule 4 - Indemnity Calculation Method: Method for calculating indemnification amounts if applicable

5. Appendix A - Notice Requirements: Specific procedures and contact details 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

Relevant legal definitions

Clauses

Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Professional Services

Research & Development

Biotechnology

Energy

Telecommunications

Real Estate

Education

Retail

Software Development

Pharmaceuticals

Relevant Teams

Legal

Compliance

Risk Management

Information Security

Corporate Affairs

Business Development

Research & Development

Human Resources

Operations

Executive Leadership

Procurement

Information Technology

Finance

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Compliance Officer

Contract Manager

Business Development Manager

Project Manager

Research Director

Technology Officer

Human Resources Director

Information Security Officer

Risk Manager

Operations Manager

Partnership Manager

Corporate Secretary

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Let's create your Confidentiality Agreement Indemnity

Authors

Alex Denne

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