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Reciprocal Confidentiality Agreement
"Need a Reciprocal Confidentiality Agreement under Singapore law for a potential joint venture between our AI software company and a data analytics provider, with specific provisions for protecting source code and customer data, to be effective from March 2025."
1. Parties: Identification and details of parties entering into the agreement
2. Background: Context and purpose of the confidentiality agreement
3. Definitions: Key terms used in the agreement, including definition of confidential information
4. Obligations of Confidentiality: Core confidentiality obligations of both parties
5. Permitted Use: Allowed uses of confidential information
6. Term and Termination: Duration of agreement and termination provisions
7. Return of Confidential Information: Obligations regarding return or destruction of confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Data Protection: Additional provisions for compliance with Personal Data Protection Act when personal data is involved
2. Intellectual Property: Additional provisions regarding IP rights when IP might be disclosed during the relationship
3. Non-Solicitation: Provisions restricting solicitation of employees or customers when business relationship involves access to personnel or customer information
4. Insurance: Insurance requirements when handling particularly sensitive information
1. Schedule 1 - Specified Purpose: Detailed description of the purpose for which confidential information may be used
2. Schedule 2 - Categories of Confidential Information: Specific types of confidential information covered under the agreement
3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive confidential information
4. Schedule 4 - Security Measures: Required security measures for protecting confidential information
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