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Basic Non Disclosure Agreement
"I need a Basic Non-Disclosure Agreement for a potential joint venture between my Nigerian tech startup and two international software companies, with specific provisions for source code protection and data transfer across borders."
1. Parties: Identifies and provides full details of the parties entering into the agreement, including registered addresses and company registration numbers if applicable
2. Background: Briefly explains the context and purpose of the NDA, including the nature of the business relationship between the parties
3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Confidentiality Obligations: Core section detailing the obligations to maintain confidentiality, including specific prohibited actions and required protective measures
5. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed, including to employees, professional advisors, or as required by law
6. Term and Survival: Specifies the duration of the agreement and which obligations survive termination
7. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request
8. Remedies: Outlines available remedies in case of breach, including injunctive relief and damages
9. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, entire agreement, and amendments
1. Intellectual Property Rights: Additional section when confidential information includes IP - clarifies ownership and rights regarding any intellectual property disclosed
2. Data Protection Compliance: Required when personal data will be shared - ensures compliance with Nigeria Data Protection Regulation
3. Non-Solicitation: Optional restriction on soliciting employees or customers - recommended when parties will have significant exposure to each other's business
4. Security Measures: Detailed requirements for information security - important when dealing with sensitive digital information
5. Export Control: Required when information may be subject to international transfer restrictions
6. Force Majeure: Optional clause for circumstances preventing compliance - less common in NDAs but may be relevant in long-term arrangements
1. Schedule 1 - Confidential Information: Specific list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Optional schedule detailing specific security measures and protocols to be followed
Authors
Technology
Financial Services
Manufacturing
Healthcare
Energy and Oil & Gas
Professional Services
Retail and Consumer Goods
Telecommunications
Real Estate
Education
Agriculture
Media and Entertainment
Construction
Mining
Logistics and Transportation
Legal
Human Resources
Procurement
Business Development
Research and Development
Information Technology
Finance
Operations
Compliance
Executive Leadership
Sales
Information Security
Strategic Planning
Corporate Communications
Chief Executive Officer
Managing Director
Legal Counsel
Business Development Manager
Human Resources Manager
Procurement Manager
Project Manager
Research and Development Director
Chief Technology Officer
Chief Financial Officer
Operations Manager
Compliance Officer
Investment Manager
Strategy Director
Sales Director
Information Security Officer
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