Confidentiality Agreement Indemnity Template for Singapore

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Key Requirements PROMPT example:

Confidentiality Agreement Indemnity

"I need a Confidentiality Agreement Indemnity under Singapore law for sharing sensitive technical information with a potential manufacturing partner in March 2025, with specific provisions for protecting our AI algorithms and requiring the partner to indemnify us against any unauthorized disclosure."

Document background
The Confidentiality Agreement Indemnity is essential in situations where parties need to share sensitive information while establishing clear liability frameworks. Under Singapore law, this document provides comprehensive protection by combining standard confidentiality provisions with specific indemnification clauses. It is particularly relevant for commercial transactions, joint ventures, or business negotiations where significant proprietary information needs to be shared, and the disclosing party requires additional protection against potential losses or damages arising from unauthorized disclosure.
Suggested Sections

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

2. Background: Context of the agreement and purpose for sharing confidential information

3. Definitions: Key terms including 'Confidential Information', 'Indemnified Parties', 'Losses'

4. Confidentiality Obligations: Core obligations regarding handling and protection of confidential information

5. Indemnification: Scope and extent of indemnity provided, including covered losses and claims

6. Term and Termination: Duration of agreement and conditions for termination

7. Governing Law: Specification of Singapore law and jurisdiction

Optional Sections

1. Security Measures: Specific security protocols required for handling sensitive technical or digital information

2. Return of Information: Procedures for returning or destroying confidential information when physical documents or media are involved

3. Insurance Requirements: Specific insurance coverage requirements for high-value information protection

4. Third Party Rights: Rights of third parties under the agreement when information belongs to or affects third parties

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

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

3. Schedule 3 - Security Protocols: Detailed security measures and procedures

4. Appendix A - Form of Acknowledgment: Template for acknowledging receipt of confidential 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

Industries

PDPA 2012: Personal Data Protection Act 2012 - Singapore's primary data protection legislation governing the collection, use, disclosure and care of personal data

Evidence Act: Chapter 97 of Singapore Laws - Governs the admissibility of evidence in legal proceedings, including electronic records and confidential communications

Contracts Act: Chapter 53 of Singapore Laws - Provides the basic legal framework for contract formation and enforcement in Singapore

Official Secrets Act: Chapter 213 of Singapore Laws - Protects official government secrets and sensitive information

Common Law - Contracts: Common law principles governing contract formation, interpretation, and enforcement in Singapore's legal system

Common Law - Confidentiality: Common law principles protecting confidential information and trade secrets

Breach of Confidence: Common law principles establishing remedies for unauthorized disclosure of confidential information

Competition Act: Singapore legislation governing competitive practices, relevant when confidentiality involves trade secrets or market-sensitive information

Employment Act: Singapore's main labor law, relevant when confidentiality agreements involve employees or employment relationships

Securities and Futures Act: Regulates financial markets and services in Singapore, particularly relevant for market-sensitive confidential information

TRIPS Agreement: International agreement on Trade-Related Aspects of Intellectual Property Rights, providing minimum standards for intellectual property protection

Cross-border Data Protection: International regulations and requirements for transfer of confidential information across borders

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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