Indemnity NDA

Indemnity NDA Template for Denmark

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Document background

The Indemnity NDA is designed for situations where standard confidentiality provisions need to be supplemented with specific financial protections through indemnification. This document is particularly useful in high-stakes business relationships under Danish jurisdiction where sensitive information exchange carries significant risk. It combines traditional NDA elements with robust indemnification provisions, making it suitable for complex commercial relationships, technology transfers, strategic partnerships, or situations involving valuable intellectual property. The agreement ensures compliance with Danish contract law and relevant EU regulations, including GDPR where applicable, while providing clear mechanisms for compensation in case of breach. This type of agreement is typically used when the disclosing party requires additional security beyond standard confidentiality obligations, or when the potential damage from information disclosure can be clearly quantified.

Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and 'Indemnification Events'

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

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and by legal requirement

7. Indemnification Obligations: Specific indemnification provisions, including scope, trigger events, and process

8. Return or Destruction of Confidential Information: Requirements and procedures for handling confidential information upon termination or request

9. Term and Termination: Duration of the agreement and termination provisions

10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes

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

Optional Sections

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

2. Employee and Representative Obligations: Added when the receiving party needs to impose obligations on its employees or representatives

3. Insurance Requirements: Include when specific insurance coverage is required to back indemnification obligations

4. Security Measures: Detailed security requirements for particularly sensitive information

5. Dispute Resolution: Alternative dispute resolution procedures, if parties prefer mediation or arbitration

6. Survival Clause: Specific provisions about which obligations survive termination, if different from standard terms

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the agreement

2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive confidential information

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

4. Schedule 4 - Indemnification Calculation Method: Formula or methodology for calculating indemnification amounts

5. Appendix A - Form of Representative Confidentiality Agreement: Template agreement for representatives to sign

6. Appendix B - Data Processing Terms: GDPR-compliant data processing terms if applicable

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