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Basic Non Disclosure Agreement
"I need a Basic Non-Disclosure Agreement for my tech startup based in Auckland to protect our AI software development plans when discussing potential collaboration with external development partners, with the agreement to be effective from March 1, 2025."
1. Parties: Identifies and defines the parties entering into the agreement, including their legal names, addresses, and any relevant company details
2. Background: Explains the context and purpose of the agreement, including why confidential information needs to be shared
3. Definitions: Defines key terms used in the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Confidentiality Obligations: Core section detailing the obligations to maintain confidentiality, including prohibited uses and permitted disclosures
5. Security Measures: Specifies the required measures to protect confidential information from unauthorized access or disclosure
6. Return or Destruction of Information: Procedures for handling confidential information upon termination or request
7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
8. General Provisions: Standard clauses including governing law, entire agreement, and variation provisions
1. Intellectual Property Rights: Additional section when confidential information includes IP that needs specific protection measures
2. Permitted Disclosures: Detailed section when there are specific circumstances or parties to whom disclosure is allowed
3. Data Protection Obligations: Required when personal information is involved, ensuring compliance with Privacy Act 2020
4. Remedies and Injunctive Relief: Extended section on specific remedies when dealing with high-value information or high-risk situations
5. Survival Clause: Specific provisions about which obligations continue after termination
6. Non-Solicitation: Optional restriction on soliciting employees or customers, when relevant to business relationship
1. Schedule 1 - Confidential Information: Detailed list or description of the specific confidential information covered by the agreement
2. Schedule 2 - Permitted Purpose: Detailed description of the approved uses of the confidential information
3. Schedule 3 - Authorized Representatives: List of individuals or roles authorized to access the confidential information
Authors
Technology
Manufacturing
Professional Services
Healthcare
Financial Services
Research and Development
Retail
Education
Construction
Media and Entertainment
Biotechnology
Real Estate
Telecommunications
Energy
Legal Services
Legal
Human Resources
Executive Leadership
Business Development
Research and Development
Information Technology
Finance
Operations
Procurement
Sales
Marketing
Strategy
Innovation
Compliance
Project Management
Chief Executive Officer
Business Development Manager
Legal Counsel
Human Resources Manager
Project Manager
Research Director
Chief Technology Officer
Procurement Manager
Investment Analyst
Operations Manager
Sales Director
Product Manager
Chief Financial Officer
Strategy Consultant
Innovation Manager
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