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Model Non Disclosure Agreement
"I need a Model Non-Disclosure Agreement under South African law for a technology startup sharing sensitive AI algorithms with potential investors, with extra emphasis on intellectual property protection and data security protocols."
1. Parties: Identification of the parties entering into the agreement, including their full legal names, registration numbers (if applicable), and physical addresses
2. Background: Context of the agreement, including the purpose of sharing confidential information and the nature of the proposed business relationship
3. Definitions: Detailed definitions of key terms, particularly 'Confidential Information', 'Authorized Purpose', 'Representatives', and other relevant terms
4. Interpretation: Rules for interpreting the agreement, including general principles and conventions used
5. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
6. Obligations of Confidentiality: Core confidentiality obligations, including duty of care, non-disclosure requirements, and permitted uses of confidential information
7. Authorized Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law
8. Data Protection: Specific provisions relating to compliance with POPIA and other data protection requirements
9. Security Measures: Required security measures for protecting confidential information
10. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon termination or request
11. Duration and Survival: Term of the agreement and which provisions survive termination
12. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief
13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, entire agreement, and amendment procedures
1. Intellectual Property Rights: Section addressing ownership and protection of intellectual property rights when the confidential information includes IP - used when sharing technical information, trade secrets, or proprietary methods
2. Non-Solicitation: Restrictions on soliciting employees or customers - included when parties are competitors or when employee protection is a concern
3. Competitive Activities: Restrictions on using confidential information for competitive purposes - relevant when parties are in the same industry
4. Export Control: Compliance with export control laws - necessary when confidential information may be subject to international transfer restrictions
5. Force Majeure: Provisions for unforeseen circumstances affecting confidentiality obligations - particularly relevant in long-term NDAs
6. Insurance Requirements: Obligations to maintain specific insurance coverage - included when dealing with highly sensitive or valuable information
7. Publicity and Announcements: Restrictions on public announcements about the relationship - important for listed companies or sensitive business relationships
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information
4. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives or third parties who need access to the confidential information
Authors
Agreement
Authorized Purpose
Authorized Representatives
Business Day
Confidential Information
Control
Data Subject
Disclosing Party
Effective Date
Electronic Communication
Group Companies
Intellectual Property Rights
Law
Notice
Operator
Parties
Personal Information
Processing
Receiving Party
Representatives
Security Measures
Signature Date
Special Personal Information
Subsidiary
Term
Third Party
Trade Secrets
Unauthorized Person
Confidentiality Obligations
Permitted Disclosures
Data Protection
Security Safeguards
Intellectual Property
Return of Information
Duration and Survival
Non-Solicitation
Breach and Enforcement
Warranties and Representations
Indemnification
Dispute Resolution
Governing Law
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Costs
Notices
Electronic Communications
Counterparts
Competition Law Compliance
General Provisions
Technology
Financial Services
Manufacturing
Healthcare
Mining
Professional Services
Retail
Telecommunications
Energy
Real Estate
Education
Research and Development
Biotechnology
Agriculture
Construction
Media and Entertainment
Legal
Compliance
Executive Leadership
Human Resources
Information Technology
Research and Development
Business Development
Operations
Finance
Procurement
Risk Management
Strategic Planning
Information Security
Corporate Development
Innovation
Chief Executive Officer
Managing Director
Legal Counsel
Company Secretary
Business Development Manager
Project Manager
Research Director
Chief Technology Officer
Human Resources Director
Chief Financial Officer
Operations Manager
Procurement Manager
Investment Manager
Compliance Officer
Risk Manager
Chief Information Officer
Innovation Director
Strategic Planning Manager
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