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NDA For Interns
"I need an NDA for Interns to protect our fintech company's confidential trading algorithms and client data, as we're bringing in 5 technical interns from local universities starting March 2025."
1. Parties: Identifies the contracting parties (company and intern)
2. Background: Context of the internship and need for confidentiality
3. Definitions: Key terms including 'Confidential Information', 'Trade Secrets', etc.
4. Scope of Confidential Information: Detailed description of what constitutes confidential information
5. Obligations of Confidentiality: Intern's duties regarding confidential information
6. Term and Survival: Duration of agreement and surviving obligations
7. Return of Materials: Requirements for returning confidential materials
8. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: Additional clause for when intern may create IP during internship - include when intern will be involved in creative or technical work
2. Non-Competition: Restrictions on working with competitors - include when intern will have access to highly sensitive competitive information
3. Third Party Rights: Rights of third parties under the agreement - include when other entities might need to enforce the NDA
4. Data Protection: Specific PDPA compliance obligations - include when intern will handle personal data
1. Schedule 1: Types of Confidential Information: Detailed list of confidential information categories
2. Schedule 2: Authorized Purposes: Permitted uses of confidential information
3. Schedule 3: Security Procedures: Specific procedures for handling confidential information
4. Appendix A: Acknowledgment Form: Form for intern to acknowledge receipt and understanding of NDA
Authors
Company
Intern
Internship Period
Trade Secrets
Intellectual Property
Proprietary Information
Authorized Purpose
Permitted Recipients
Personal Data
Representatives
Effective Date
Materials
Term
Affiliates
Business Day
Disclosure
Confidential Materials
Project
Sensitive Information
Security Procedures
Unauthorized Access
Breach
Termination Date
Surviving Obligations
Permitted Use
Non-Disclosure
Protection of Information
Return of Materials
Data Protection
Intellectual Property Rights
Term and Duration
Survival
Assignment
Third Party Rights
Security Measures
Breach Notification
Remedies
Indemnification
Exceptions to Confidentiality
Force Majeure
Severability
Entire Agreement
Governing Law
Jurisdiction
Amendment
Waiver
Notices
Electronic Execution
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