Non Disclosure Agreement For Sale Of Business Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Non Disclosure Agreement For Sale Of Business

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Non Disclosure Agreement For Sale Of Business

"I need a Non Disclosure Agreement For Sale Of Business under Singapore law to protect confidential information while selling my technology startup to a multinational corporation, with special emphasis on protecting our source code and customer data, and including strict non-compete provisions for the APAC region."

Document background

The Non Disclosure Agreement For Sale Of Business is essential when contemplating the sale of a business in Singapore, where confidential information needs to be shared for due diligence purposes. It provides legal protection under Singapore law for sensitive business information, including financial records, trade secrets, customer lists, and operational procedures. This document is typically executed before detailed discussions or due diligence begin, and includes provisions for PDPA compliance, specific remedies under Singapore law, and clear obligations for handling confidential information both during and after the potential transaction.

Suggested Sections

1. Parties: Identification of disclosing and receiving parties, including full legal names and registered addresses

2. Background: Context of the proposed business sale and purpose of the NDA

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

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

5. Permitted Disclosures: Circumstances under which confidential information may be shared

6. Term and Survival: Duration of the agreement and obligations that continue after termination

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

8. Remedies: Legal remedies available in case of breach

9. Governing Law: Specification of Singapore law and jurisdiction

Optional Sections

1. Non-Solicitation: Prevents poaching of employees/customers during business sale discussions

2. Non-Competition: Restricts competitive activities during and after business sale discussions

3. Data Protection: PDPA compliance provisions for handling personal data

4. Intellectual Property Rights: Specific IP protection provisions for business assets

5. Dispute Resolution: Alternative dispute resolution procedures including arbitration/mediation options

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed list of what constitutes confidential information for the business sale

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

3. Schedule 3 - Security Protocols: Specific procedures for handling confidential information during the business sale process

4. Schedule 4 - Excluded Information: Information specifically excluded from confidentiality obligations in the context of the business sale

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Retail
Manufacturing
Technology
Professional Services
F&B

Relevant Teams

Legal
Finance
Corporate Development
Executive Management
Operations

Relevant Roles

Chief Executive Officer
Chief Financial Officer
Business Development Director
General Counsel
Merger & Acquisition Manager

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Non Disclosure Agreement For Sale Of Business

Authors

Alex Denne

Find the exact document you need

Commercial Lease Agreement With Option To Purchase

Business Share Purchase Agreement

Deposit Agreement For Business Purchase

Agreement For Sale Of Business Sole Proprietorship

Commercial Property Purchase And Sale Agreement

Option To Purchase Business Agreement

Company Sales Agreement

Commercial Lease With Option To Purchase

Business Share Sale Agreement

Business Buy And Sell Agreement

Business Asset Purchase Agreement

Commercial Real Estate Sales Contract

Contract For Sale Of Business

Letter Of Intent To Sell Business

Non Disclosure Agreement For Sale Of Business

Business Acquisition Letter Of Intent

Business Acquisition Agreement

Asset Purchase Letter Of Intent

Letter Of Intent To Purchase Business

Business Asset Sale Agreement

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases