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Confidentiality Agreement Statement
"I need a Confidentiality Agreement Statement for a potential merger discussion between our Swiss biotech company and a German pharmaceutical corporation, with specific provisions for handling research data and clinical trial information, to be effective from March 2025."
1. Parties: Identification and details of all parties entering into the confidentiality agreement
2. Background: Context of the agreement and the relationship between the parties
3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Authorized Recipients'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the protection, use, and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed and to whom
7. Security Measures: Required measures for protecting and safeguarding confidential information
8. Duration and Survival: Term of the agreement and survival of obligations after termination
9. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
10. Breach and Remedies: Consequences of breach and available remedies under Swiss law
11. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement
1. Data Protection Compliance: Additional provisions specific to personal data handling under FADP/DSG, used when personal data is involved
2. Intellectual Property Rights: Specific provisions regarding IP rights in confidential information, used when IP-sensitive information is involved
3. Competition Restrictions: Non-compete and non-solicitation provisions, used when business-sensitive information is shared
4. International Transfer: Provisions for cross-border transfer of confidential information, used when parties are in different jurisdictions
5. Audit Rights: Rights to audit compliance with confidentiality obligations, used in high-security or regulated contexts
6. Insurance Requirements: Obligations to maintain specific insurance coverage, used in high-value or high-risk situations
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of 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: Specific security measures and procedures required for handling confidential information
4. Appendix A - Contact Details: Contact information for key personnel and notices
5. Appendix B - Information Handling Procedures: Detailed procedures for marking, storing, and transmitting confidential information
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