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Non Disclosure Agreement For Ideas
"I need a Non Disclosure Agreement For Ideas under Singapore law to protect my new fintech app concept while discussing it with potential investors, with specific provisions for protecting the algorithm and user interface designs that will be shared during pitch meetings in March 2025."
1. Parties: Identifies the disclosing and receiving parties with full legal names and addresses
2. Background: Explains the purpose and context of the NDA
3. Definitions: Defines key terms, especially 'Confidential Information' and 'Ideas'
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure
5. Permitted Uses: Specifies allowed uses of confidential information
6. Term and Termination: Duration of agreement and termination provisions
7. Return of Information: Requirements for returning or destroying confidential information
1. Non-Compete Provisions: Restrictions on competitive activities - use when protecting business-critical ideas or trade secrets
2. Assignment Rights: Rights to transfer obligations to other parties - use when dealing with corporate entities or possible M&A
3. Residual Knowledge: Treatment of information retained in memory - use when dealing with professional service providers
1. Description of Ideas/Information: Detailed description of protected ideas and information
2. Authorized Representatives: List of individuals authorized to receive confidential information
3. Security Protocols: Specific security measures required for information protection
Authors
Non-Disclosure
Permitted Use
Protection of Information
Return of Information
Duration and Survival
Intellectual Property Rights
Non-Circumvention
Breach and Remedies
Indemnification
Assignment
Severability
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Notice
Waiver
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