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Bilateral Confidentiality Agreement

Bilateral Confidentiality Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Bilateral Confidentiality Agreement

"I need a Bilateral Confidentiality Agreement under Hong Kong law for a technology company sharing AI development information with a potential investor, with specific provisions for data protection and cross-border data transfers."

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Document background
This Bilateral Confidentiality Agreement template is designed for use in situations where two parties need to share sensitive business, technical, or proprietary information while ensuring legal protection under Hong Kong law. The document is particularly relevant for business negotiations, due diligence processes, joint ventures, or potential business relationships where confidential information needs to be exchanged. It incorporates specific provisions required under Hong Kong's legal framework, including considerations for data privacy, trade secrets protection, and enforcement mechanisms. The agreement is structured to provide comprehensive protection while remaining flexible enough to accommodate various business contexts and industry-specific requirements.
Suggested Sections

1. Parties: Identifies and provides full details of both parties entering into the agreement

2. Background: Explains the context and purpose of the agreement, including the nature of the business relationship

3. Definitions: Defines key terms used in the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Scope of Confidential Information: Clearly defines what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Details the core confidentiality obligations and standards of care required

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

7. Term and Survival: Specifies the duration of the agreement and which obligations survive termination

8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination

9. Remedies: Specifies remedies available in case of breach, including injunctive relief

10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Data Protection Compliance: Include when personal data will be shared under the agreement

2. Intellectual Property Rights: Include when confidential information includes IP that needs specific protection

3. Non-Solicitation: Include when parties wish to prevent poaching of employees or clients

4. Non-Competition: Include when parties wish to restrict competitive activities

5. Security Measures: Include when specific technical or physical security measures are required

6. Export Control: Include when confidential information may be subject to export control regulations

7. Force Majeure: Include when parties want to address extraordinary circumstances affecting confidentiality obligations

8. Warranties and Representations: Include when specific warranties about the confidential information are required

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

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 for handling confidential information

4. Schedule 4 - Permitted Purpose: Detailed description of the permitted use of confidential information

5. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations

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

Manufacturing

Healthcare

Professional Services

Real Estate

Retail

Education

Media and Entertainment

Telecommunications

Biotechnology

Energy

Construction

Logistics

Research and Development

Consulting

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Human Resources

Research & Development

Information Technology

Finance

Operations

Corporate Secretarial

Risk Management

Procurement

Intellectual Property

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Commercial Director

Business Development Manager

Chief Financial Officer

Chief Technology Officer

HR Director

Compliance Officer

Company Secretary

Operations Manager

Project Manager

Research Director

Investment Manager

Partnership Manager

Procurement Manager

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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