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Model Non Disclosure Agreement Template for India

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Key Requirements PROMPT example:

Model Non Disclosure Agreement

"I need a Model Non-Disclosure Agreement for my technology startup to use with potential investors, specifically protecting our AI algorithms and software source code, with a heavy focus on preventing reverse engineering and including special provisions for digital assets."

Document background
This Model Non-Disclosure Agreement serves as a fundamental legal instrument for businesses operating under Indian jurisdiction who need to protect confidential information during business discussions, negotiations, or ongoing relationships. It is designed to comply with Indian contract law principles and incorporates protections available under various Indian statutes including the Indian Contract Act, 1872, and Information Technology Act, 2000. The agreement is particularly crucial in today's business environment where proprietary information, trade secrets, and intellectual property require robust protection. This template can be used across various scenarios including business partnerships, vendor relationships, employee agreements, and investment discussions, providing a balanced approach to protecting the disclosing party's interests while setting reasonable obligations for the receiving party.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names, addresses, and company registration details

2. Background: Context of the agreement, purpose of sharing confidential information, and nature of the business relationship

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Receiving Party: Core confidentiality obligations, standard of care, and security measures required

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

7. Exclusions: Information that does not qualify as confidential, such as public domain information or independently developed information

8. Term and Survival: Duration of the agreement and survival of obligations after termination

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

10. Remedies: Legal remedies available in case of breach, including injunctive relief

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

12. Entire Agreement and Amendments: Standard boilerplate confirming the agreement represents the entire understanding and process for amendments

Optional Sections

1. Non-Solicitation: Used when parties want to prevent poaching of employees or clients, common in business discussions

2. Data Privacy Compliance: Required when confidential information includes personal data or sensitive information

3. Export Control: Necessary when confidential information may be subject to export control laws

4. Reverse Engineering Prohibition: Important for technology companies or when sharing technical information

5. Competitive Activity Restrictions: Used when sharing information in competitive business contexts

6. Force Majeure: May be included for long-term NDAs to address unforeseen circumstances

7. Assignment and Delegation: Important for corporate transactions or when dealing with large organizations

8. Notices: Detailed notice provisions for formal communications, important in high-stakes arrangements

Suggested Schedules

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

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

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information

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

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

Relevant legal definitions



























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Relevant Industries

Information Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Biotechnology

Pharmaceuticals

E-commerce

Real Estate

Education

Telecommunications

Research & Development

Energy

Media & Entertainment

Retail

Automotive

Relevant Teams

Legal

Human Resources

Procurement

Business Development

Research and Development

Executive Leadership

Information Technology

Finance

Operations

Compliance

Risk Management

Corporate Affairs

Investment

Innovation

Relevant Roles

Legal Counsel

Business Development Manager

Chief Executive Officer

Chief Technology Officer

Human Resources Manager

Procurement Manager

Research Director

Investment Manager

Project Manager

Compliance Officer

Contract Administrator

Chief Financial Officer

Innovation Director

Operations Manager

Company Secretary

Risk 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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