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Mutual Non Disclosure Agreement Form Template for Ireland

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Key Requirements PROMPT example:

Mutual Non Disclosure Agreement Form

"I need a Mutual Non Disclosure Agreement Form under Irish law for a technology partnership between my software development company and a potential investor, with specific provisions for protecting source code and customer data, to be effective from March 2025."

Document background
This Mutual Non-Disclosure Agreement Form is essential for businesses and individuals operating under Irish law who need to protect confidential information during business discussions, negotiations, or collaborative projects. The document is particularly relevant when parties need to exchange sensitive information such as trade secrets, technical data, business strategies, or customer information. It ensures compliance with Irish contract law and relevant EU regulations, including the Protection of Trade Secrets Regulations 2018 and GDPR where applicable. The agreement should be used before commencing substantial business discussions where confidential information will be shared, providing both parties with equal obligations and protections regarding the handling and safeguarding of sensitive information. This template is adaptable for various business contexts while maintaining its enforceability under Irish law.
Suggested Sections

1. Parties: Identification of the parties entering into the NDA, including registered addresses and company numbers

2. Background: Context of the agreement and purpose for sharing confidential information

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

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

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and by legal requirement

6. Protection of Confidential Information: Specific measures required to protect confidential information

7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

8. Duration and Termination: Term of the agreement and termination provisions

9. Survival of Obligations: Specifications of which obligations continue after termination

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

Optional Sections

1. Data Protection Compliance: Required when confidential information includes personal data subject to GDPR

2. Intellectual Property Rights: Needed when confidential information includes or relates to IP rights

3. Non-Competition: Optional restrictions on competitive activities, must be carefully drafted to ensure enforceability

4. Assignment and Subcontracting: Include when parties need flexibility to transfer rights or obligations

5. Specific Security Requirements: Needed for highly sensitive information requiring special handling procedures

6. Insurance Requirements: Include when parties must maintain specific insurance coverage for confidential information

7. Audit Rights: Optional right to audit compliance with confidentiality obligations

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed categorization of information covered by the NDA

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive confidential information

3. Schedule 3 - Security Protocols: Specific technical and organizational measures for protecting confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used

5. Appendix A - Information Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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