Non Disclosure Agreement For Invention

Non Disclosure Agreement For Invention Template for Denmark

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Document background

This Non-Disclosure Agreement For Invention is essential when parties need to share confidential information about novel inventions, technological innovations, or potential patent applications in Denmark. The document is particularly crucial in the pre-patent filing phase or during collaboration discussions where detailed technical information needs to be disclosed. It ensures compliance with Danish legal requirements, including the Trade Secrets Act and Patents Act, while providing robust protection for intellectual property rights. The agreement is commonly used in research partnerships, technology transfer scenarios, potential investment discussions, or when engaging with manufacturers or development partners. It includes specific provisions addressing the unique aspects of invention protection under Danish law, ensuring that all confidential technical details, processes, and potential commercial applications are adequately protected.

Suggested Sections

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

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

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

4. Scope of Confidential Information: Detailed description of what constitutes confidential information, with specific focus on invention-related information

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

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

7. Protection of the Invention: Specific provisions relating to the protection of the invention, including any intellectual property rights

8. Term and Termination: Duration of the agreement and circumstances for termination

9. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon termination

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

Optional Sections

1. Employee Obligations: Required when the receiving party needs to share information with employees, addressing their confidentiality obligations

2. International Transfer of Information: Needed when confidential information may be transferred outside Denmark

3. Patent Rights: Include when the invention may be subject to patent protection

4. Competition Law Compliance: Required when the agreement might have competition law implications

5. Data Protection: Include when confidential information includes personal data

6. Subcontractors: Needed when the receiving party may need to involve subcontractors

7. Insurance: Include when specific insurance coverage for handling confidential information is required

Suggested Schedules

1. Schedule 1 - Description of the Invention: Detailed technical description of the invention subject to confidentiality

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to access the confidential information

3. Schedule 3 - Security Measures: Specific security protocols and measures required for protecting the confidential information

4. Schedule 4 - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

5. Appendix A - Contact Details: Contact information for key personnel responsible for managing confidential information

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