Multiparty NDA Template for New Zealand

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Key Requirements PROMPT example:

Multiparty NDA

"I need a Multiparty NDA under New Zealand law for a joint software development project between my tech company, two external development firms, and a research institution, with special focus on protecting source code and research data, to be effective from March 2025."

Document background
This Multiparty NDA is specifically designed for complex business relationships where multiple parties need to share confidential information in New Zealand. It is particularly suitable for joint ventures, collaborative projects, or multi-stakeholder business transactions where sensitive information needs to be exchanged between three or more parties. The agreement complies with New Zealand law, including the Privacy Act 2020 and Contract and Commercial Law Act 2017, and includes comprehensive provisions for information sharing, protection, and enforcement. This template is adaptable for various industries and can accommodate different types of confidential information, from technical specifications to business strategies and personal data.
Suggested Sections

1. Parties: Identifies all parties to the agreement, including their legal names, addresses, and company details

2. Background: Explains the context and purpose of the agreement, including the nature of the business relationship between the parties

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Scope of Confidential Information: Clearly defines what constitutes confidential information under the agreement, including exceptions

5. Obligations of Confidentiality: Details the core confidentiality obligations, including handling, protection, and non-disclosure requirements

6. Permitted Disclosures: Specifies circumstances under which confidential information may be shared, including with representatives and as required by law

7. Information Flow and Sharing: Describes how confidential information may be shared between multiple parties and any restrictions on inter-party sharing

8. Security Measures: Outlines required security protocols for protecting confidential information

9. Term and Termination: Specifies the duration of the agreement and termination provisions

10. Return or Destruction of Information: Requirements for handling confidential information upon termination

11. Breach and Remedies: Describes consequences of breach and available remedies

12. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Competitive Activities: Used when parties are competitors or may become competitors, addressing how confidential information can be used in competitive contexts

2. Data Protection: Required when confidential information includes personal data subject to privacy laws

3. Intellectual Property Rights: Needed when confidential information may include or relate to intellectual property

4. Export Control: Required when information sharing may be subject to international trade restrictions

5. Industry-Specific Compliance: Used when parties operate in regulated industries with specific confidentiality requirements

6. Publicity and Announcements: Controls public statements about the existence and nature of the relationship

7. Information Classification Levels: Used when different types of information require different levels of protection

Suggested Schedules

1. Schedule 1 - Authorized Representatives: Lists the designated representatives from each party who are authorized to receive confidential information

2. Schedule 2 - Information Categories: Details specific categories of confidential information covered by the agreement

3. Schedule 3 - Security Protocols: Specifies detailed security measures and procedures for handling confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used

5. Appendix A - Information Handling Procedures: Step-by-step procedures for handling, storing, and transmitting confidential information

6. Appendix B - Incident Response Plan: Procedures to follow in case of actual or suspected unauthorized disclosure

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

Financial Services

Healthcare

Manufacturing

Professional Services

Research and Development

Energy

Telecommunications

Biotechnology

Real Estate

Construction

Education

Mining and Resources

Relevant Teams

Legal

Executive Leadership

Business Development

Research and Development

Information Technology

Procurement

Operations

Finance

Compliance

Project Management

Strategic Planning

Innovation

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Project Manager

Research Director

Chief Technology Officer

Chief Financial Officer

Procurement Manager

Contract Manager

Compliance Officer

Operations Director

Strategic Partnership Manager

Innovation Manager

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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