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Short Form NDA

Short Form NDA Template for Malaysia

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Key Requirements PROMPT example:

Short Form NDA

"I need a Short Form NDA for a Malaysian technology vendor who will be accessing our client database and internal systems starting March 2025; the agreement should include specific data security requirements and last for 18 months."

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Document background
The Short Form NDA is specifically designed for situations requiring quick implementation of confidentiality protections under Malaysian law, while maintaining essential legal safeguards. This document is commonly used in initial business discussions, vendor relationships, potential partnerships, or employment considerations where parties need to share sensitive information. It incorporates key elements required by Malaysian legislation, including the Contracts Act 1950 and Personal Data Protection Act 2010, while remaining concise and user-friendly. The agreement is particularly suitable for Malaysian businesses engaging with both domestic and international parties, offering a balanced approach to confidentiality protection without the complexity of a full-length NDA.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties

2. Background: Brief context for the NDA and purpose of information sharing

3. Definitions: Essential definitions including 'Confidential Information', 'Purpose', and 'Representatives'

4. Confidentiality Obligations: Core obligations to maintain confidentiality and not disclose information

5. Permitted Use: Specified allowed uses of the confidential information

6. Term and Survival: Duration of the agreement and surviving obligations

7. Return or Destruction: Requirements for handling confidential information upon termination

8. Governing Law and Jurisdiction: Specification of Malaysian law and jurisdiction

9. Execution: Signature blocks and execution details

Optional Sections

1. Security Measures: Specific security requirements for protecting confidential information - include when dealing with sensitive technical or digital information

2. Intellectual Property: Explicit protection of IP rights - include when sharing technical innovations or proprietary methods

3. Data Protection: Specific provisions for personal data handling - include when personal data is involved

4. Non-Solicitation: Restrictions on soliciting employees or customers - include when sharing business relationship information

5. Remedies: Specific remedies for breach - include when dealing with high-value information

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Specific description or categories of confidential information covered

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

3. Schedule 3 - Specific Security Protocols: Optional schedule for detailed security requirements when handling sensitive information

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Technology

Manufacturing

Financial Services

Healthcare

Professional Services

Energy & Resources

Real Estate

Education

Retail

Telecommunications

Construction

Agriculture

Islamic Finance

Biotechnology

Maritime

Relevant Teams

Legal

Human Resources

Procurement

Business Development

Executive Leadership

Research & Development

Information Technology

Finance

Operations

Sales

Compliance

Strategic Planning

Corporate Communications

Product Development

Investment Relations

Relevant Roles

Chief Executive Officer

Business Development Manager

Human Resources Director

Procurement Manager

Legal Counsel

Project Manager

Investment Analyst

Research and Development Director

Chief Technology Officer

Operations Manager

Finance Director

Compliance Officer

Sales Director

Strategic Partnership Manager

Vendor Relations Manager

Industries
Contracts Act 1950: Provides the fundamental legal framework for contract formation, validity, and enforcement in Malaysia, ensuring the NDA is legally binding
Personal Data Protection Act 2010: Regulates the processing of personal data in commercial transactions and provides guidelines for protecting personal information that might be disclosed under the NDA
Trade Secrets Act (Common Law): While Malaysia doesn't have a specific trade secrets statute, protection is provided under common law principles for confidential information and trade secrets
Employment Act 1955: Relevant for NDAs involving employees, as it contains provisions related to confidentiality obligations in employment relationships
Capital Markets and Services Act 2007: Important if the NDA involves confidential information related to public listed companies or securities trading
Electronic Commerce Act 2006: Governs electronic signatures and digital execution of documents, relevant for NDAs executed electronically
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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