This Three-Way NDA is designed for situations where confidential information needs to be shared and protected between three distinct parties under Austrian law. It is particularly useful in complex business transactions, joint ventures, or collaborative projects where multiple parties need to exchange sensitive information. The document ensures compliance with Austrian civil law, the Austrian Trade Secrets Act (UWG §26a-j), and EU regulations including GDPR where applicable. This 3 Way NDA template includes comprehensive provisions for defining confidential information, establishing security protocols, and outlining specific obligations for each party. It is structured to accommodate various business relationships while providing clear mechanisms for information sharing and protection under Austrian jurisdiction.
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1. Parties: Identification and details of all three parties to the agreement
2. Background: Context of the relationship between the three parties and purpose of the NDA
3. Definitions: Definitions of key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant terms
4. Disclosure and Use of Confidential Information: Terms governing how confidential information may be shared among the three parties and permitted uses
5. Obligations of Confidentiality: Core confidentiality obligations of each party, including storage, protection, and handling of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed to representatives or required by law
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Term and Termination: Duration of the agreement and circumstances for termination
9. Survival of Obligations: Specification of which obligations continue after termination
10. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement
1. Data Protection: Specific provisions relating to GDPR compliance when personal data is involved
2. Information Security Requirements: Specific technical and organizational measures required for protecting confidential information
3. Non-Solicitation: Restrictions on soliciting employees or customers, if relevant to the business relationship
4. Competitive Restrictions: Any agreed restrictions on competitive activities, if relevant
5. Specific Project Requirements: Additional provisions specific to particular projects or transactions
6. Audit Rights: Rights to audit compliance with confidentiality obligations, if required
7. Insurance Requirements: Specific insurance obligations for handling confidential information, if needed
1. Schedule 1 - Description of Confidential Information: Detailed categorization of what constitutes confidential information for each party
2. Schedule 2 - Authorized Representatives: List of authorized representatives from each party who may access confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling confidential information
4. Schedule 4 - Information Handling Procedures: Detailed procedures for marking, storing, and transmitting confidential information
5. Appendix A - Notice Details: Contact details and procedures for serving notices under the agreement
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Financial Services
Healthcare
Pharmaceutical
Biotechnology
Professional Services
Real Estate
Energy
Telecommunications
Automotive
Aerospace
Research & Development
Consumer Goods
Media & Entertainment
Relevant Teams
Legal
Executive Leadership
Business Development
Research & Development
Information Technology
Finance
Operations
Procurement
Compliance
Corporate Development
Innovation
Strategic Planning
Commercial
Relevant Roles
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Business Development Manager
Project Manager
Research Director
Chief Technology Officer
Chief Financial Officer
Operations Manager
Procurement Manager
Investment Manager
Strategic Partnership Director
Innovation Manager
Commercial Director
Compliance Officer
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