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Non Disclosure Agreement Form
"I need a Non Disclosure Agreement Form for my Singapore-based technology startup to protect proprietary information when discussing potential partnerships with investors, to be effective from March 2025, with special emphasis on protecting our AI algorithms and source code."
1. Parties: Identification of all parties entering into the NDA, including full legal names and addresses
2. Background/Recitals: Context of the agreement and purpose for sharing confidential information
3. Definitions: Clear definitions of key terms, especially 'Confidential Information'
4. Scope of Confidentiality: Detailed description of what information is covered and protected
5. Obligations of Receiving Party: Core confidentiality obligations and permitted uses of information
6. Term and Termination: Duration of the agreement and termination provisions
7. Return of Confidential Information: Procedures for returning or destroying confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Representatives and Warranties: Additional assurances from parties, used for complex commercial relationships
2. Non-Solicitation: Prevents poaching of employees/clients, used when sharing sensitive business information
3. Non-Competition: Restricts competitive activities, used for strategic business discussions
4. Assignment Rights: Rights to transfer obligations, relevant for corporate entities likely to undergo restructuring
5. Data Protection: PDPA compliance provisions, required when personal data is involved
1. Description of Confidential Information: Detailed list or categories of confidential information covered
2. Authorized Representatives: List of individuals authorized to receive confidential information
3. Security Protocols: Specific procedures for handling confidential information
4. Excluded Information: List of information specifically excluded from confidentiality obligations
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