Short Form Non Disclosure Agreement Template for Malaysia

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Key Requirements PROMPT example:

Short Form Non Disclosure Agreement

"I need a Short Form Non Disclosure Agreement for a potential joint venture between my technology startup and a Malaysian manufacturing company, with specific provisions for protecting software source code and manufacturing processes, to be effective from March 1, 2025."

Document background
This Short Form Non Disclosure Agreement is specifically crafted for use in Malaysia, providing a streamlined solution for protecting confidential information in various business contexts. It is particularly suitable for initial business discussions, due diligence processes, and potential partnerships where parties need to quickly but effectively establish confidentiality obligations. The document incorporates key requirements under Malaysian law, including elements of the Contracts Act 1950 and Personal Data Protection Act 2010, while maintaining brevity and accessibility. It's designed to be easily understood and implemented while providing robust protection for confidential information. This version is especially useful for situations where a full-length NDA might be unnecessarily complex or time-consuming to negotiate.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names and registered addresses

2. Background: Brief context of why the NDA is being entered into and the relationship between the parties

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', and 'Representatives'

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

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed to representatives or as required by law

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

7. Term and Survival: Duration of the agreement and which obligations survive termination

8. General Provisions: Essential boilerplate including governing law, jurisdiction, and entire agreement

Optional Sections

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

2. Non-Solicitation: Restrictions on soliciting employees or customers - include when parties have access to sensitive relationship information

3. Publicity: Restrictions on public announcements about the relationship - include for high-profile or sensitive business relationships

4. Data Protection: Specific provisions for handling personal data - include when confidential information includes personal data under PDPA

5. Intellectual Property: Clarification of IP ownership and rights - include when confidential information includes IP or trade secrets

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed description or categories of information considered confidential

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

3. Schedule 3 - Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used

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 Industries

Technology

Manufacturing

Financial Services

Healthcare

Education

Professional Services

Real Estate

Retail

Energy

Telecommunications

Research and Development

Construction

Automotive

Food and Beverage

Media and Entertainment

Relevant Teams

Legal

Human Resources

Business Development

Research and Development

Executive Leadership

Operations

Finance

Information Technology

Procurement

Corporate Strategy

Administrative

Project Management

Investment

Corporate Communications

Risk Management

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Contract Manager

Human Resources Director

Project Manager

Research Director

Chief Technology Officer

Chief Financial Officer

Operations Manager

Procurement Manager

Investment Manager

Strategy Consultant

Department Head

Company Secretary

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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