Simple NDA Template for Singapore

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Key Requirements PROMPT example:

Simple NDA

"I need a Simple NDA governed by Singapore law for a potential investor who will be reviewing our company's financial data and trade secrets during due diligence, to be effective from March 1, 2025."

Document background
A Simple NDA is a fundamental legal document used when parties need to share confidential information while ensuring its protection. Under Singapore law, this agreement establishes clear obligations for handling sensitive information, including trade secrets, proprietary data, and business strategies. The document is particularly relevant for business negotiations, employment relationships, and commercial partnerships where confidential information needs to be protected. It includes key provisions required by Singapore legislation, including the Personal Data Protection Act 2012, and provides remedies in case of breach.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties

2. Background: Context and purpose of the NDA

3. Definitions: Key terms including 'Confidential Information'

4. Confidentiality Obligations: Core obligations regarding confidential information

5. Permitted Use: Authorized uses of confidential information

6. Term and Termination: Duration and termination provisions

7. Return of Information: Obligations upon termination

8. Governing Law: Singapore law clause

Optional Sections

1. Non-Solicitation: Optional clause to prevent poaching of employees/clients, typically used in business-to-business contexts

2. Non-Competition: Optional clause restricting competitive activities, used when discussing sensitive business opportunities

3. Data Protection: PDPA compliance provisions, required when personal data is involved

4. Assignment: Rights to transfer obligations, typically included in corporate contexts

Suggested Schedules

1. Description of Confidential Information: Detailed list of confidential materials and information covered by the agreement

2. Authorized Representatives: List of personnel authorized to receive and handle confidential information

3. Security Procedures: Specific security measures and protocols for handling confidential information

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 Act 1872: Fundamental legislation governing contract formation, validity, and enforcement in Singapore

Personal Data Protection Act 2012: Legislation governing the collection, use, disclosure and care of personal data, which may be relevant if the NDA covers personal information

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

Official Secrets Act: Relevant if the NDA involves any government-related information or official secrets

Copyright Act: Protects original works and may be relevant if the confidential information includes copyrightable material

Patents Act: Relevant if the confidential information includes patentable inventions or innovations

Trade Marks Act: Applicable if the confidential information includes trademark-related materials

Common Law Trade Secrets Protection: Singapore's common law principles protecting trade secrets and confidential information

Employment Act: Relevant when the NDA involves employees or employment relationships

Limitation Act: Sets time limits for bringing legal actions and can affect the duration of confidentiality obligations

Specific Relief Act: Provides for remedies such as injunctions in cases of breach of confidentiality

Civil Law Act: Contains provisions affecting civil proceedings and remedies for contract breaches

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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