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NDA In Legal Terms
"I need an NDA In Legal Terms for my technology startup in Malaysia to protect our proprietary software development information when engaging with potential investors and development partners, with particular emphasis on protecting our AI algorithms and source code."
1. Parties: Identification and details of the disclosing and receiving parties, including registered addresses and company registration numbers where applicable
2. Background: Context of the agreement, including the purpose for sharing confidential information and the relationship between the parties
3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Authorized Purpose', 'Representatives', and 'Affiliate'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the use, protection, and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law
7. Security Measures: Required procedures and safeguards for protecting confidential information
8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination or request
9. Term and Termination: Duration of the agreement and circumstances for termination
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
1. Intellectual Property Rights: Section clarifying ownership and protection of IP rights when confidential information includes intellectual property
2. Data Protection Compliance: Additional provisions for compliance with PDPA 2010 when personal data is involved
3. Non-Competition: Restrictions on competitive activities, used when there's risk of competitive advantage from confidential information
4. Non-Solicitation: Restrictions on soliciting employees or customers, relevant for business relationship NDAs
5. Reverse Engineering: Prohibitions on reverse engineering, particularly relevant for technical or product-related information
6. Export Control: Compliance with export control laws, necessary for international transfers of technical data
7. Survival Clause: Specification of obligations that continue after termination, particularly important for long-term sensitive information
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures required for protecting the confidential information
4. Schedule 4 - Permitted Purpose: Detailed description of the authorized purposes for which confidential information may be used
Authors
Authorized Purpose
Authorized Representative
Confidential Information
Disclosing Party
Effective Date
Intellectual Property Rights
Personal Data
Receiving Party
Representatives
Security Measures
Affiliate
Business Day
Confidentiality Period
Trade Secret
Proprietary Information
Material
Notice
Permitted Disclosure
Related Corporation
Breach
Dispute
Malaysian Law
Third Party
Termination Date
Permitted Use
Security Measures
Return of Information
Term and Duration
Non-Disclosure
Data Protection
Intellectual Property
Permitted Disclosure
Breach and Remedies
Indemnification
Governing Law
Jurisdiction
Assignment
Severability
Entire Agreement
Amendment
Notices
Force Majeure
Survival
Termination
Waiver
Third Party Rights
Counterparts
Technology
Manufacturing
Financial Services
Healthcare
Professional Services
Research & Development
Telecommunications
Energy
Real Estate
Education
Biotechnology
E-commerce
Construction
Automotive
Consumer Goods
Legal
Human Resources
Executive Leadership
Business Development
Research & Development
Information Technology
Procurement
Operations
Finance
Compliance
Innovation
Information Security
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Business Development Manager
Human Resources Director
Project Manager
Research Director
Chief Technology Officer
Investment Manager
Procurement Manager
Operations Director
Innovation Manager
Information Security Officer
Contract Manager
Compliance Officer
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