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Internal Confidentiality Agreement
"I need an Internal Confidentiality Agreement for our software development team of 15 employees who will be working on a new AI product launch in March 2025, with specific provisions for protecting source code and algorithmic innovations."
1. Parties: Identification of the company and the employee/contractor bound by the agreement
2. Background: Context of the agreement and purpose for protecting confidential information
3. Definitions: Clear definitions of confidential information and other key terms
4. Scope of Confidentiality: Detailed description of confidentiality obligations and permitted uses
5. Duration: Time period for which confidentiality obligations remain in effect
6. Return of Materials: Requirements for returning or destroying confidential information
7. Breach and Remedies: Consequences of violating the agreement and available remedies
1. Non-Solicitation: Optional provisions restricting solicitation of employees or customers when protecting against employee poaching or customer interference
2. Third Party Information: Optional provisions for handling confidential information from third parties when employees may have access to such information
3. Intellectual Property Rights: Optional provisions for protection of IP rights related to confidential information when trade secrets or proprietary technology are involved
4. Data Privacy Compliance: Optional provisions regarding personal data protection obligations when confidential information includes personal data
1. Schedule A - Categories of Confidential Information: Detailed list of types of confidential information covered by the agreement
2. Schedule B - Authorized Recipients: List of individuals or roles authorized to access confidential information
3. Schedule C - Security Protocols: Specific procedures for handling and protecting confidential information
4. Appendix 1 - Acknowledgment Form: Form for employees to acknowledge receipt and understanding of the agreement
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