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Confidentiality Agreement Indemnity

Confidentiality Agreement Indemnity Template for Hong Kong

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Key Requirements PROMPT example:

Confidentiality Agreement Indemnity

"I need a Confidentiality Agreement Indemnity for a Hong Kong technology company sharing AI development data with a research institution, with specific provisions for protecting algorithmic trade secrets and requiring the research institution to indemnify against any unauthorized disclosure by their researchers or students."

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Document background
This Confidentiality Agreement Indemnity is designed for use in situations where parties need to share sensitive business information while ensuring robust protection through both confidentiality obligations and specific indemnification provisions. The document is particularly relevant for business transactions, negotiations, or collaborations in Hong Kong where one party needs to disclose confidential information to another and requires strong legal remedies against unauthorized disclosure. It incorporates Hong Kong legal requirements and common law principles, providing comprehensive protection for various types of confidential information including trade secrets, business plans, technical data, and personal data. The agreement is structured to ensure enforceability under Hong Kong law while providing clear mechanisms for seeking compensation through indemnification in case of breaches.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Detailed definitions of key terms, including 'Confidential Information', 'Permitted Purpose', and 'Losses'

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

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

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

7. Indemnification: Specific indemnification obligations, including scope and procedure

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

9. Term and Survival: Duration of the agreement and provisions that survive termination

10. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction

11. General Provisions: Standard contractual provisions including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Additional provisions regarding IP rights in confidential information, used when confidential information includes IP

2. Personal Data Protection: Specific provisions for handling personal data under Hong Kong's PDPO, used when confidential information includes personal data

3. Insurance Requirements: Requirements for insurance coverage related to indemnification obligations, used for high-value or high-risk arrangements

4. Third Party Rights: Provisions regarding rights of third parties under the Contract (Rights of Third Parties) Ordinance, used when third party rights need to be explicitly addressed

5. Alternative Dispute Resolution: Provisions for mediation or arbitration, used when parties prefer alternative dispute resolution to litigation

6. Group Company Rights: Extended rights for group companies of the receiving party, used when corporate groups are involved

7. Specific Industry Compliance: Additional compliance requirements for regulated industries, used in specific sectors like financial services or healthcare

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to receive confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and protocols for protecting confidential information

4. Schedule 4 - Indemnified Parties: List of additional parties covered by the indemnification provisions

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for authorized recipients

6. Appendix B - Data Handling Procedures: Detailed procedures for handling, storing, and destroying confidential information

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

Financial Services

Technology

Healthcare

Manufacturing

Professional Services

Telecommunications

Biotechnology

Real Estate

Energy

Maritime

Education

Research and Development

Retail

Entertainment

Pharmaceuticals

Relevant Teams

Legal

Compliance

Risk Management

Information Security

Corporate Governance

Business Development

Research & Development

Human Resources

Information Technology

Operations

Procurement

Finance

Corporate Affairs

Intellectual Property

Data Protection

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Compliance Officer

Chief Financial Officer

Business Development Director

Chief Technology Officer

Chief Information Officer

Risk Manager

Corporate Secretary

Head of Procurement

Research Director

Project Manager

Intellectual Property Manager

Data Protection Officer

Senior Contract Manager

Chief Operations Officer

Head of Human Resources

Information Security 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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