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Reciprocal Non Disclosure Agreement for Belgium

Reciprocal Non Disclosure Agreement Template for Belgium

A bilateral confidentiality agreement governed by Belgian law, designed to protect confidential information exchanged between two parties for business purposes. This agreement ensures mutual protection of trade secrets, proprietary information, and confidential data in accordance with Belgian legislation, particularly the Belgian Trade Secrets Act of 2018 and relevant provisions of the Belgian Civil Code. The document establishes reciprocal obligations for information protection, permitted uses, security measures, and consequences of breach, while incorporating specific requirements under Belgian law regarding confidentiality and trade secret protection.

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Reciprocal Non Disclosure Agreement

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What is a Reciprocal Non Disclosure Agreement?

This Reciprocal Non Disclosure Agreement is essential for situations where two parties intend to share confidential information for business purposes such as potential partnerships, joint ventures, or commercial negotiations. The agreement, governed by Belgian law, provides mutual protection for both parties' confidential information, including trade secrets, technical data, business strategies, and proprietary information. It complies with Belgian legal requirements, particularly the Trade Secrets Act of 2018 and the Civil Code, while establishing clear procedures for handling confidential information, permitted disclosures, and consequences of breach. This document is typically used before detailed business discussions commence and remains effective throughout the business relationship.

What sections should be included in a Reciprocal Non Disclosure Agreement?

1. Parties: Identification of all parties entering into the agreement, including registered addresses and company details

2. Background: Context of the agreement and purpose of information sharing

3. Definitions: Definitions of key terms, including 'Confidential Information', 'Representatives', 'Permitted Purpose'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core mutual obligations regarding protection and non-disclosure of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and professional advisors

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Information: Procedures for handling confidential information upon termination or request

9. Duration and Survival: Term of the agreement and surviving obligations

10. Breach and Remedies: Consequences of breach and available remedies under Belgian law

11. General Provisions: Standard provisions including notices, amendments, severability, and entire agreement

What sections are optional to include in a Reciprocal Non Disclosure Agreement?

1. Data Protection Compliance: Required when confidential information includes personal data subject to GDPR

2. Intellectual Property Rights: Needed when information sharing may involve IP rights or potential development of new IP

3. Export Control: Required for international agreements involving technical data subject to export controls

4. Non-Solicitation: Optional protection against hiring other party's employees or soliciting their customers

5. Governing Law and Jurisdiction: While Belgian law governs, specific jurisdiction arrangements may need to be detailed for international parties

6. Language: Required for international agreements to specify controlling language version

What schedules should be included in a Reciprocal Non Disclosure Agreement?

1. Schedule 1 - Marking Requirements: Templates and procedures for marking confidential information

2. Schedule 2 - Security Protocols: Specific technical and organizational measures required for protecting confidential information

3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Belgium

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions






















Clauses






















Relevant Industries

Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Biotechnology

Research and Development

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Retail

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Relevant Teams

Legal

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Business Development

Research and Development

Corporate Development

Procurement

Information Technology

Innovation

Compliance

Operations

Strategic Planning

Finance

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Business Development Manager

Chief Technology Officer

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Project Manager

Corporate Development Director

Chief Financial Officer

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Strategic Partnerships Director

Legal Counsel

Compliance Officer

Operations Director

Industries






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