Non Disclosure Agreement Price Template for Singapore

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Key Requirements PROMPT example:

Non Disclosure Agreement Price

"I need a Non Disclosure Agreement Price for sharing our wholesale pricing structure with a potential distributor in Singapore, ensuring protection of our margin information and pricing strategies for at least 3 years from March 2025."

Document background
The Non Disclosure Agreement Price is essential in Singapore business contexts where parties need to share sensitive pricing information during negotiations, partnerships, or potential business relationships. This document specifically addresses the confidentiality of pricing structures, cost models, profit margins, and related financial information. Under Singapore law, it provides clear obligations and remedies for protecting price-sensitive information, making it particularly valuable for commercial transactions where pricing details are critical competitive advantages.
Suggested Sections

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

2. Background: Context and purpose of the NDA, including the nature of the proposed business relationship

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

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

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

6. Term and Survival: Duration of the agreement and surviving obligations

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

Optional Sections

1. Non-Solicitation: Prevents poaching of employees/clients. Use when parties have access to each other's personnel or client information

2. Data Protection: PDPA compliance provisions. Use when personal data may be shared

3. Intellectual Property Rights: Protection of IP rights in shared information. Use when technical or proprietary information is involved

4. Securities Trading: Insider trading prevention provisions. Use when parties are publicly listed companies

Suggested Schedules

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

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

3. Security Protocols: Specific procedures for handling confidential information

4. Project Scope: Details of the specific project or purpose for information sharing

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 contractual relationships in Singapore, establishing fundamental principles for contract formation, enforcement, and remedies

Evidence Act (Chapter 97): Governs the admissibility of evidence in legal proceedings, including documentation of confidential information and breach of NDA

Personal Data Protection Act 2012 (PDPA): Regulates the collection, use, disclosure, and care of personal data, which may be part of the confidential information protected under the NDA

Common Law Principles of Confidentiality: Legal principles developed through case law that protect confidential information and trade secrets in Singapore

Employment Act (Chapter 91): Relevant when NDAs involve employees or employment relationships, affecting terms and enforceability

Competition Act (Chapter 50B): Ensures that NDA provisions do not contravene competition laws, particularly regarding market restrictions

Copyright Act (Chapter 63): Protects original works that may be part of the confidential information covered by the NDA

Patents Act (Chapter 221): Relevant when NDAs cover patentable innovations or technical information

Trade Marks Act (Chapter 332): Applies when confidential information includes trademark-related materials

Registered Designs Act (Chapter 266): Pertinent when NDAs cover design-related confidential information

Doctrine of Consideration: Legal principle requiring that contracts must be supported by consideration to be enforceable

International Private Law: Governs cross-border aspects of NDAs, including choice of law and jurisdiction provisions

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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