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Unilateral Non Disclosure Agreement
"I need a Unilateral Non Disclosure Agreement to protect my Malaysian tech startup's confidential information when sharing it with potential investors during our Series A funding round starting January 2025; the agreement should particularly focus on protecting our AI algorithms and customer data."
1. Parties: Identifies the Disclosing Party and Receiving Party with full legal names and addresses
2. Background: Explains the purpose of the agreement and the context of the information sharing
3. Definitions: Defines key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose'
4. Scope of Confidential Information: Clearly specifies what constitutes confidential information under the agreement
5. Confidentiality Obligations: Details the receiving party's obligations regarding the protection and non-disclosure of confidential information
6. Permitted Uses and Disclosures: Specifies the permitted purposes for which the confidential information may be used
7. Security Measures: Outlines required security measures for protecting confidential information
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
9. Term and Termination: Duration of the agreement and termination provisions
10. Breach and Remedies: Consequences of breach and available legal remedies
11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Personal Data Protection: Required when confidential information includes personal data covered by PDPA 2010
2. Intellectual Property Rights: Include when confidential information contains or relates to IP rights
3. Representatives and Third Parties: Add when receiving party needs to share information with employees or advisors
4. Survival of Obligations: Specific clause about obligations that continue after termination
5. Notice Requirements: Detailed notice provisions for formal communications between parties
6. Non-Competition: Include when there's a need to restrict competitive activities
7. Assignment and Succession: Add when transfer of rights needs to be specifically addressed
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 to be followed
4. Appendix A - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used
Authors
Technology and Software
Manufacturing
Professional Services
Healthcare
Financial Services
Research and Development
Biotechnology
Real Estate
Energy and Resources
Education
Telecommunications
Media and Entertainment
Retail and Consumer Goods
Automotive
Legal
Human Resources
Executive Leadership
Business Development
Research and Development
Procurement
Information Technology
Finance
Compliance
Operations
Strategic Planning
Corporate Communications
Investment Relations
Product Development
Chief Executive Officer
Legal Counsel
Business Development Manager
Chief Technology Officer
Human Resources Director
Procurement Manager
Project Manager
Research Director
Investment Manager
Operations Manager
Chief Financial Officer
Compliance Officer
Contract Manager
Innovation Director
Strategic Partnership Manager
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