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Non Disclosure And Non Solicitation Agreement
"I need a Non Disclosure and Non Solicitation Agreement for our UAE-based technology startup entering into merger discussions with a potential acquirer, with special emphasis on protecting our source code and customer data, to be effective from March 2025."
1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information
3. Definitions: Detailed definitions of key terms including 'Confidential Information', 'Trade Secrets', 'Solicitation', and other relevant terms
4. Scope of Confidentiality: Detailed description of what constitutes confidential information and the extent of protection
5. Confidentiality Obligations: Specific obligations regarding the handling, storage, and protection of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law
7. Non-Solicitation Provisions: Restrictions on soliciting employees, customers, or business relationships
8. Duration: Time period for both confidentiality and non-solicitation obligations
9. Return of Confidential Information: Obligations regarding the return or destruction of confidential information
10. Security Measures: Required security measures for protecting confidential information
11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
13. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. Data Protection Compliance: Additional provisions for compliance with UAE data protection laws, required when personal data is involved
2. Digital Security Measures: Specific provisions for digital security when confidential information is stored or transmitted electronically
3. Third Party Rights: Provisions regarding the rights of third parties, needed when third party information is involved
4. Specific Industry Compliance: Additional compliance requirements for specific industries (e.g., healthcare, financial services)
5. Free Zone Specific Provisions: Additional provisions required when either party operates in a UAE free zone
6. Assignment and Succession: Provisions regarding the transfer of rights and obligations, needed for corporate entities
7. Survival Clauses: Specific provisions that survive termination of the agreement, recommended for long-term protection
1. Schedule 1 - Specified Confidential Information: Detailed list of specific confidential information covered by the agreement
2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to receive confidential information
3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information
4. Schedule 4 - Restricted Entities: List of specific entities or individuals covered by non-solicitation provisions
5. Appendix A - Data Handling Procedures: Specific procedures for handling, storing, and disposing of confidential information
6. Appendix B - Incident Response Plan: Procedures to follow in case of unauthorized disclosure or security breach
Authors
Technology
Financial Services
Healthcare
Professional Services
Manufacturing
Real Estate
Construction
Energy
Telecommunications
Media and Entertainment
Retail
Education
Aviation
Hospitality
Logistics
Consulting
Pharmaceuticals
E-commerce
Defense
Maritime
Legal
Human Resources
Executive Leadership
Business Development
Information Technology
Research and Development
Operations
Finance
Procurement
Sales
Marketing
Strategy
Compliance
Information Security
Project Management
Product Development
Customer Relations
Investment
Quality Assurance
Administrative
Chief Executive Officer
Managing Director
Legal Counsel
Human Resources Director
Business Development Manager
Project Manager
Chief Technology Officer
Chief Financial Officer
Operations Manager
Procurement Manager
Research and Development Director
Sales Director
Investment Manager
Strategy Consultant
Technical Consultant
Department Head
Senior Engineer
Product Manager
Account Manager
Compliance Officer
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