Mutual Non Circumvention Non Disclosure Agreement Template for Malaysia

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Key Requirements PROMPT example:

Mutual Non Circumvention Non Disclosure Agreement

"I need a Mutual Non Circumvention Non Disclosure Agreement under Malaysian law for a potential joint venture between my technology company and a manufacturing partner, with special emphasis on protecting our AI algorithms and manufacturing processes during the initial discussions starting January 2025."

Document background
The Mutual Non Circumvention Non Disclosure Agreement (NCNDA) is essential for businesses operating in Malaysia who wish to explore potential partnerships, joint ventures, or business opportunities while protecting their confidential information and business relationships. This document is particularly relevant in today's interconnected business environment where information sharing is necessary but must be controlled. The agreement, governed by Malaysian law, combines traditional confidentiality protections with specific provisions preventing parties from bypassing each other in business dealings. It is commonly used during business negotiations, joint ventures, consulting arrangements, and other scenarios where sensitive business information and relationships need protection. The document ensures compliance with Malaysian legislation including the Contracts Act 1950, Trade Secrets Act 2021, and relevant data protection laws.
Suggested Sections

1. Parties: Identification of all parties entering into the agreement, including full legal names and registered addresses

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

3. Definitions: Definitions of key terms including 'Confidential Information', 'Business Purpose', 'Circumvention', 'Affiliated Parties', etc.

4. Scope of Agreement: Overview of what the agreement covers and its territorial reach

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

6. Non-Circumvention Obligations: Commitments not to bypass or circumvent relationships, contacts, or business opportunities

7. Permitted Disclosures: Circumstances under which confidential information may be disclosed (e.g., to employees, legal requirements)

8. Security Measures: Required procedures and safeguards for protecting confidential information

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

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

11. Survival: Which obligations continue after termination

12. Remedies: Available remedies in case of breach, including injunctive relief

13. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, amendments, etc.

Optional Sections

1. Intellectual Property Rights: Section clarifying ownership and protection of IP when the confidential information includes intellectual property

2. Data Protection Compliance: Additional provisions when personal data is involved, ensuring compliance with PDPA 2010

3. Non-Solicitation: Restrictions on soliciting employees or clients, often included in broader business relationships

4. Publicity: Restrictions on public announcements about the business relationship

5. Representatives and Warranties: Additional assurances about authority to share information and ownership of rights

6. Insurance: Requirements for insurance coverage when high-value confidential information is involved

7. Dispute Resolution: Specific procedures for resolving disputes, such as mandatory mediation before litigation

Suggested Schedules

1. Schedule 1 - Description of Business Purpose: Detailed description of the business relationship or project

2. Schedule 2 - Specified Confidential Information: List or categories of confidential information covered

3. Schedule 3 - Authorized Representatives: Named individuals authorized to receive/handle confidential information

4. Schedule 4 - Security Protocols: Specific security measures and procedures required

5. Schedule 5 - Affiliated Entities: List of related companies or individuals covered by 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

Relevant legal definitions
Relevant Industries

Technology

Manufacturing

Professional Services

Financial Services

Real Estate

Healthcare

Energy

Telecommunications

Education

Retail

Construction

Mining

Agriculture

Logistics

Entertainment

Biotechnology

Aerospace

Automotive

Relevant Teams

Legal

Business Development

Executive Leadership

Operations

Finance

Procurement

Research and Development

Sales

Compliance

Risk Management

Strategic Planning

Corporate Development

Information Technology

Project Management

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Corporate Lawyer

Chief Financial Officer

Operations Director

Project Manager

Procurement Manager

Strategic Partnership Manager

Investment Manager

Research and Development Director

Sales Director

Technology Officer

Compliance Officer

Risk Manager

Business Owner

Consultant

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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