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Proprietary Information Exchange Agreement
"I need a Proprietary Information Exchange Agreement to cover the sharing of our AI technology specifications with a research partner in Germany, with specific provisions for handling algorithm data and machine learning models, to be effective from March 2025."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the information exchange
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives'
4. Confidentiality Obligations: Core obligations regarding information protection and use
5. Permitted Disclosures: Circumstances under which confidential information can be shared
6. Return or Destruction of Information: Procedures for handling confidential information after agreement termination
7. Term and Termination: Duration of agreement and termination provisions
1. Data Protection Compliance: Include when personal data is involved in the exchange
2. International Transfer Provisions: Include for cross-border information sharing
3. Intellectual Property Rights: Include when shared information involves IP rights
4. Security Requirements: Include for highly sensitive information requiring specific security measures
1. Description of Confidential Information: Detailed list or categories of information covered
2. Authorized Representatives: List of individuals authorized to receive confidential information
3. Security Protocols: Specific security measures for information handling
4. Standard Form Non-Disclosure Agreement: For use with third party recipients
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