NDA Tech Company Template for United States

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Key Requirements PROMPT example:

NDA Tech Company

"I need a Tech Company NDA for my AI startup to protect our proprietary algorithms and machine learning models when sharing information with potential investors and development partners, ensuring strict confidentiality of our intellectual property and trade secrets."

Document background
The Technology Company NDA is essential for protecting proprietary information in the fast-paced U.S. technology sector. This agreement is specifically designed for tech companies needing to safeguard their intellectual property, trade secrets, and confidential information when sharing with employees, contractors, or business partners. The document complies with federal legislation including the DTSA and state-specific trade secret laws, while addressing unique technology sector concerns such as source code protection and digital asset security.
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', 'Trade Secrets', 'Permitted Purpose'

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

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

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

7. Governing Law: Applicable jurisdiction and dispute resolution

Optional Sections

1. Non-Solicitation: Restrictions on soliciting employees or customers (use when protecting business relationships is critical)

2. Non-Competition: Restrictions on competing activities (use when allowed by state law and necessary for business protection)

3. Residual Knowledge: Treatment of information retained in memory (use in technology sector where skills and knowledge overlap)

Suggested Schedules

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

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

3. Security Protocols: Specific security measures required for protecting 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

Defend Trade Secrets Act (DTSA) 2016: Federal law providing protection for trade secrets and mandatory whistleblower immunity provisions that must be included in NDAs

Economic Espionage Act 1996: Federal law that criminalizes the theft of trade secrets, essential for enforcement of NDA violations involving trade secret misappropriation

Computer Fraud and Abuse Act (CFAA): Federal legislation protecting against unauthorized access to digital information and computer systems, relevant for tech company NDAs

Uniform Trade Secrets Act (UTSA): State-level law adopted by most states defining trade secrets and remedies for misappropriation, with state-specific variations

California Section 16600: State law invalidating non-compete agreements and restricting certain NDA provisions in California

California Labor Code Section 432.5: State law preventing employers from requiring employees to sign agreements that violate California law

California Consumer Privacy Act (CCPA): State privacy law affecting how companies handle personal information and data protection requirements

National Labor Relations Act (NLRA): Federal law protecting employees' rights to discuss working conditions, which cannot be restricted by NDAs

EEOC Regulations: Federal regulations ensuring NDAs don't restrict employees' ability to file discrimination complaints or cooperate with investigations

SEC Whistleblower Regulations: Federal regulations protecting whistleblowers' rights to report securities violations to the SEC, which cannot be limited by NDAs

Patent Act: Federal law governing patent rights and protections, relevant for tech company intellectual property covered by NDAs

Copyright Act: Federal law protecting original works of authorship, important for software and technical documentation covered by NDAs

Trademark Laws: Federal and state laws protecting brands and marks, which may be confidential information covered under NDAs

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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