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Bilateral Confidentiality Agreement

Bilateral Confidentiality Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Bilateral Confidentiality Agreement

"I need a Bilateral Confidentiality Agreement for a UAE tech startup sharing sensitive software development information with a potential investor, with specific provisions for protecting source code and technical specifications, and a minimum confidentiality period of 5 years."

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Document background
This Bilateral Confidentiality Agreement template is designed for use in the United Arab Emirates, complying with UAE federal laws and regulations. It is particularly suitable for businesses and individuals looking to protect confidential information during business discussions, negotiations, or collaborative ventures. The agreement encompasses comprehensive provisions for defining and protecting confidential information, including trade secrets, technical data, business plans, and personal data, while ensuring compliance with UAE data protection laws. This template should be used whenever parties need to exchange sensitive information during business dealings, providing a robust framework for confidentiality obligations under UAE law. The agreement includes specific provisions addressing UAE legal requirements and enforcement mechanisms available under local jurisdiction.
Suggested Sections

1. Parties: Identification and details of both parties entering into the agreement

2. Background: Context of the relationship between the parties and purpose of sharing confidential information

3. Definitions: Definitions of key terms, particularly 'Confidential Information', 'Representatives', 'Permitted Purpose'

4. Scope of Confidentiality: Detailed description of what constitutes confidential information and exclusions

5. Confidentiality Obligations: Core obligations regarding use, disclosure, and protection of confidential information

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

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction: Obligations regarding return or destruction of confidential information

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

10. Breach and Remedies: Consequences of breach and available remedies

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

Optional Sections

1. Data Protection Compliance: Additional provisions for compliance with UAE data protection laws, required when personal data is involved

2. Third Party Rights: Provisions regarding rights of third parties, needed when third party information may be shared

3. Export Control: Required when confidential information may be subject to export control regulations

4. Intellectual Property Rights: Specific provisions regarding IP rights, needed when technical or proprietary information is involved

5. Non-Solicitation: Optional restrictions on soliciting employees or customers, relevant for business relationships

6. Publicity: Restrictions on public announcements about the relationship, relevant for sensitive business relationships

Suggested Schedules

1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for which confidential information may be used

2. Schedule 2 - Security Requirements: Specific security measures and protocols required for protecting confidential information

3. Schedule 3 - Authorized Representatives: List of authorized representatives who may access confidential information

4. Appendix A - Types of Confidential Information: Detailed categorization of confidential information covered by the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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























Clauses


























Relevant Industries

Technology

Financial Services

Healthcare

Real Estate

Manufacturing

Professional Services

Energy

Construction

Retail

Telecommunications

Education

Transportation & Logistics

Media & Entertainment

Hospitality

Defense & Security

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Human Resources

Finance

Operations

Research & Development

Information Technology

Procurement

Risk Management

Strategy

Commercial

Corporate Communications

Project Management

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Chief Financial Officer

Business Development Manager

Project Manager

Research & Development Director

Human Resources Director

Chief Technology Officer

Operations Manager

Procurement Manager

Investment Manager

Strategy Director

Commercial Manager

Risk Manager

Compliance Officer

Industries







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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