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Digital NDA
"I need a Digital NDA for my Swiss software company to share our proprietary code and development documentation with an external development team in Germany, ensuring strong digital security measures and specific provisions for source code protection."
1. Parties: Identification of the parties entering into the NDA, including full legal names, addresses, and registration details
2. Background: Context of the agreement and purpose for sharing confidential information
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Authorized Recipients', and 'Digital Communications'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed to authorized recipients
7. Digital Security Measures: Required security protocols for handling digital confidential information
8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
9. Term and Termination: Duration of the agreement and termination provisions
10. Electronic Execution: Provisions for digital signing and confirmation that electronic execution is valid
11. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes
1. Intellectual Property Rights: Additional provisions protecting IP rights when confidential information includes IP - used when sharing technical information or trade secrets
2. Data Protection Compliance: Specific provisions for FADP compliance - required when confidential information includes personal data
3. Group Company Disclosure: Provisions allowing sharing with group companies - used for corporate groups
4. Competitive Activity Restrictions: Non-compete or non-solicitation provisions - used when sharing sensitive business information
5. Insurance Requirements: Obligations to maintain cyber security insurance - used for high-value or sensitive digital information
6. Audit Rights: Rights to audit compliance with security measures - used for highly sensitive digital information
1. Schedule 1 - Authorized Digital Systems: List of approved digital platforms and systems for sharing confidential information
2. Schedule 2 - Security Protocols: Detailed technical requirements for digital security measures
3. Schedule 3 - Authorized Recipients: List of individuals or roles authorized to access the confidential information
4. Appendix A - Form of Electronic Acknowledgment: Template for authorized recipients to acknowledge confidentiality obligations digitally
Authors
Technology
Financial Services
Healthcare
Professional Services
Manufacturing
Research & Development
Biotechnology
Software Development
Consulting
E-commerce
Digital Media
Telecommunications
Legal
Information Technology
Information Security
Research and Development
Business Development
Human Resources
Procurement
Executive Leadership
Product Development
Data Protection
Corporate Development
Innovation
Chief Executive Officer
Chief Technology Officer
Chief Information Security Officer
Legal Counsel
Business Development Manager
Project Manager
IT Director
Research Director
Software Engineer
Product Manager
Data Protection Officer
Innovation Manager
Business Analyst
Investment Manager
Procurement Manager
Human Resources Director
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