Simple Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

Simple Non Disclosure Agreement

"I need a Simple Non Disclosure Agreement governed by Singapore law to protect confidential information that will be shared with a potential investor during our Series A fundraising, which starts in March 2025."

Document background

A Simple Non-Disclosure Agreement is essential when parties need to share sensitive business information while maintaining confidentiality. This document, governed by Singapore law, is commonly used during business negotiations, potential partnerships, or when engaging contractors or consultants. It defines confidential information, establishes clear obligations for information protection, and provides legal recourse in case of unauthorized disclosure. The agreement aligns with Singapore's stringent data protection regulations and common law principles, making it particularly suitable for businesses operating in or through Singapore's business hub.

Suggested Sections

1. Parties: Identification of the parties entering into the NDA, including full legal names and addresses

2. Background: Brief context explaining why the NDA is being entered into

3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information'

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Use: Specified purposes for which the confidential information may be used

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

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

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Employee and Representative Obligations: Additional provisions for when confidential information needs to be shared with employees or representatives of the receiving party

2. Intellectual Property Rights: Provisions protecting IP rights in the confidential information when sensitive IP material is involved

3. Non-Solicitation: Restrictions on soliciting employees or customers, used when parties want to prevent poaching

4. Securities Trading: Provisions preventing insider trading when confidential information could affect stock prices

Suggested Schedules

1. Description of Confidential Information: Detailed list or categories of information covered by the NDA

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

3. Security Procedures: Specific procedures for handling and protecting 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

alex.den.21@genieai.co

Relevant legal definitions

Confidential Information
Disclosing Party
Receiving Party
Permitted Purpose
Authorized Representatives
Affiliate
Agreement
Effective Date
Term
Trade Secrets
Proprietary Information
Representatives
Business Day
Intellectual Property Rights
Personal Data
Related Corporation
Confidentiality Period
Jurisdiction

Clauses

Confidentiality Obligations
Non-Disclosure
Permitted Use
Information Protection
Return of Information
Term and Duration
Exceptions to Confidentiality
Breach and Remedies
Governing Law
Notice Requirements
Assignment
Severability
Non-Solicitation
Non-Competition
Intellectual Property Rights
Data Protection
Dispute Resolution
Force Majeure
Costs and Expenses

Relevant Industries

Technology
Financial Services
Manufacturing
Professional Services
Healthcare

Relevant Teams

Legal
Human Resources
Business Development
Research & Development
Procurement

Relevant Roles

Chief Executive Officer
Chief Legal Officer
Business Development Manager
Project Manager
Human Resources Director

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Let's create your Simple Non Disclosure Agreement

Authors

Alex Denne

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