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Simple Non Disclosure Agreement
"I need a Simple Non-Disclosure Agreement under Canadian law for my tech startup to use with potential investors, with special attention to protecting our intellectual property and future product roadmap that we'll be sharing during funding rounds starting January 2025."
1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Brief context explaining why the parties are entering into the NDA and the general purpose of the information sharing
3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information' and related terms
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Use: Specific purposes for which the confidential information may be used by the receiving party
6. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
7. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request
8. Remedies: Available remedies in case of breach, including injunctive relief
9. General Provisions: Standard clauses including governing law, entire agreement, and amendments
1. Permitted Disclosures: Specific circumstances under which confidential information may be disclosed to third parties, such as to employees or professional advisors
2. Security Measures: Specific security protocols required for protecting confidential information, recommended for technology or highly sensitive information
3. Non-Solicitation: Prohibition on soliciting employees or customers, added when there's significant business relationship exposure
4. Publicity: Restrictions on public announcements about the business relationship
5. Survival: Specific provisions that continue after termination, useful for complex relationships
6. Export Control: Added when dealing with technical data subject to export control regulations
1. Schedule A - Confidential Information: Specific list or categories of confidential information covered by the agreement
2. Schedule B - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule C - Security Protocols: Detailed security measures and procedures, if required for highly sensitive information
Authors
Technology
Healthcare
Financial Services
Manufacturing
Professional Services
Real Estate
Retail
Education
Research & Development
Entertainment
Energy
Biotechnology
Consulting
Construction
Legal Services
Legal
Human Resources
Executive Leadership
Business Development
Research and Development
Operations
Finance
Information Technology
Procurement
Strategic Planning
Product Development
Investment
Administrative
CEO
Business Development Manager
Legal Counsel
HR Director
Project Manager
Chief Technology Officer
Operations Manager
Finance Director
Research Director
Product Manager
Procurement Manager
Investment Manager
Business Analyst
Department Head
Executive Assistant
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