The Confidentiality Acknowledgement is commonly used in Hong Kong business contexts where one party needs to formally recognize their obligations regarding confidential information without the complexity of a full non-disclosure agreement. This document type is particularly useful for temporary engagements, consultant relationships, or situations where confidential information needs to be shared quickly but securely. It typically includes definitions of confidential information, specific obligations for handling such information, and duration of confidentiality requirements, all governed by Hong Kong law. The document ensures compliance with Hong Kong's Personal Data (Privacy) Ordinance and common law principles while providing a streamlined approach to protecting sensitive information.
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1. Parties: Identification of the party making the acknowledgement (Recipient) and the party disclosing the confidential information (Discloser)
2. Background: Brief context explaining why confidential information is being disclosed and the purpose of the acknowledgement
3. Definitions: Definition of 'Confidential Information' and any other key terms used in the acknowledgement
4. Acknowledgement of Confidentiality: Express acknowledgement of receipt of confidential information and acceptance of confidentiality obligations
5. Confidentiality Obligations: Specific obligations regarding the use, protection, and non-disclosure of the confidential information
6. Return or Destruction: Obligations regarding the return or destruction of confidential information upon request or project completion
7. Duration: Period for which the confidentiality obligations will remain in force
8. Governing Law: Specification that Hong Kong law governs the acknowledgement
9. Signature Block: Space for signature, name, title, and date of signing
1. Permitted Disclosures: Include when there are specific circumstances under which the confidential information may be disclosed (e.g., to professional advisors, regulators)
2. Security Measures: Include when specific security measures for protecting the confidential information need to be outlined
3. Intellectual Property Rights: Include when the confidential information includes IP that needs specific protection
4. Non-Competition: Include when the recipient needs to acknowledge they won't use the information for competitive purposes
5. Remedies: Include when specific remedies for breach need to be highlighted, such as injunctive relief
1. Schedule 1 - Description of Confidential Information: Detailed list or description of the confidential information covered by the acknowledgement
2. Schedule 2 - Authorized Recipients: If applicable, list of individuals or roles authorized to receive the confidential information
3. Schedule 3 - Security Protocols: If applicable, specific security measures or protocols that must be followed
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Technology
Healthcare
Manufacturing
Professional Services
Real Estate
Retail
Telecommunications
Entertainment
Education
Research & Development
Biotechnology
Legal Services
Construction
Energy
Relevant Teams
Legal
Human Resources
Information Technology
Research & Development
Finance
Operations
Business Development
Executive Leadership
Project Management
Procurement
Marketing
Sales
Compliance
Risk Management
Strategy
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Project Manager
Consultant
Research Analyst
Investment Banker
Legal Counsel
Human Resources Director
Business Development Manager
Systems Administrator
Software Developer
Product Manager
Strategy Consultant
Financial Analyst
External Auditor
Marketing Director
Operations Manager
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