Reciprocal Non Disclosure Agreement

Reciprocal Non Disclosure Agreement Template for Switzerland

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Key Requirements PROMPT example:

"I need a Reciprocal Non Disclosure Agreement under Swiss law for a potential joint venture between our pharmaceutical company and a biotech research institute, with specific provisions for protecting genetic research data and clinical trial information."

Document background

This Reciprocal Non Disclosure Agreement is essential for business relationships where two parties need to share sensitive information while ensuring mutual confidentiality protection. It is particularly suited for use in Switzerland or where Swiss law is chosen as the governing law, incorporating specific requirements of Swiss legislation including the Code of Obligations and Data Protection laws. The agreement covers various types of confidential information including trade secrets, technical know-how, business plans, and proprietary data. It is commonly used in preliminary business discussions, due diligence processes, joint ventures, or collaborative projects where bilateral information sharing is necessary. The document provides equal protection to both parties and includes specific provisions for handling, storing, and returning or destroying confidential information.

Suggested Sections

1. Parties: Identification and details of the parties entering into the agreement

2. Background: Context of the agreement and the parties' intention to share confidential information

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant definitions

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and when required by law

6. Security Measures: Required standards and procedures for protecting confidential information

7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

8. Duration and Termination: Term of the agreement and survival of obligations

9. No Grant of Rights: Clarification that no intellectual property rights are transferred

10. Remedies: Available remedies in case of breach, including injunctive relief

11. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes

Optional Sections

1. Data Protection: Additional provisions for handling personal data under Swiss FADP - include when personal data will be shared

2. Non-Solicitation: Restrictions on soliciting employees or customers - include when parties have significant employee or customer contact

3. Export Control: Compliance with export control regulations - include when sharing technology or technical data

4. Prior Disclosures: Coverage of information disclosed before the agreement - include when relevant pre-contract disclosures exist

5. Residual Information: Treatment of general knowledge and experience gained - include for technology or consulting relationships

6. Competition Restrictions: Specific provisions ensuring compliance with Swiss competition law - include when parties are competitors

Suggested Schedules

1. Schedule 1 - Authorized Representatives: List of individuals authorized to receive confidential information

2. Schedule 2 - Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information

4. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Banking and Financial Services

Pharmaceuticals and Healthcare

Technology and Software

Manufacturing

Professional Services

Research and Development

Biotechnology

Luxury Goods

Insurance

Telecommunications

Chemical Industry

Consumer Goods

Education

Energy

Real Estate

Relevant Teams

Legal

Corporate Development

Research and Development

Executive Leadership

Business Development

Procurement

Information Technology

Human Resources

Compliance

Operations

Finance

Innovation

Strategic Partnerships

Intellectual Property

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Counsel

Business Development Manager

Chief Technology Officer

Research Director

Project Manager

Corporate Development Manager

Chief Financial Officer

Procurement Manager

Innovation Manager

Strategic Partnerships Director

Intellectual Property Manager

Compliance Officer

Operations Director

Human Resources Director

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Boilerplate Non Disclosure Agreement

Swiss-law governed NDA template for protecting confidential information in business relationships.

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Let's create your Reciprocal Non Disclosure Agreement

Authors

Alex Denne

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