Non Disclosure Agreement Cost Template for Singapore

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Key Requirements PROMPT example:

Non Disclosure Agreement Cost

"I need a Non Disclosure Agreement Cost for a manufacturing project where we'll be sharing sensitive production cost data with an external consultant, starting January 2025, with special emphasis on protecting our proprietary cost calculation methods."

Document background
The Non Disclosure Agreement Cost is a specialized confidentiality agreement under Singapore law, used when parties need to share sensitive cost-related information during business negotiations, project planning, or consulting engagements. This document is particularly relevant when discussing pricing strategies, cost structures, financial models, or project budgets. It provides specific provisions for protecting cost-related confidential information while ensuring compliance with Singapore's legal framework, including the Contract Law and PDPA requirements.
Suggested Sections

1. Parties: Identification and details of the disclosing and receiving parties

2. Background: Context and purpose of the NDA

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

4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure

5. Permitted Uses: Allowed uses of confidential information

6. Term and Termination: Duration of agreement and termination provisions

7. Return of Information: Obligations regarding return or destruction of confidential materials

Optional Sections

1. Security Measures: Specific security requirements for protecting information - use when dealing with highly sensitive or regulated information

2. Data Protection: PDPA compliance provisions - use when personal data is involved

3. International Transfer: Provisions for cross-border data transfers - use when information will cross national borders

Suggested Schedules

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

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

3. Schedule 3 - Security Protocols: Optional schedule detailing specific security requirements and procedures

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

Contract Law (Chapter 53): Primary legislation governing the formation and enforcement of contracts in Singapore, essential for establishing the basic validity of the NDA

Evidence Act (Chapter 97): Legislation governing the admissibility of evidence and confidentiality matters in legal proceedings

Personal Data Protection Act 2012 (PDPA): Comprehensive data protection law that regulates the collection, use, disclosure, and protection of personal data

Clearlab SG Pte Ltd v Ting Chong Chai [2015] SGHC 21: Key case law establishing principles for confidentiality and trade secrets protection in Singapore

Official Secrets Act (Chapter 213): Legislation protecting government-related confidential information, relevant if the NDA involves government entities or information

Competition Act (Chapter 50B): Legislation ensuring compliance with competition laws when handling confidential business information

Employment Act: Relevant when the NDA involves employees and employment relationships, governing workplace confidentiality obligations

Cross-border Data Protection Laws: International legal frameworks that must be considered if the NDA involves cross-border data transfer or foreign parties

ASEAN Data Protection Framework: Regional guidelines and principles for data protection within ASEAN member states

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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