The Non Disclosure Agreement Cost is a specialized legal document designed for use in Hong Kong business environments where parties need to share sensitive financial and cost-related information. This document is particularly crucial when companies need to discuss pricing strategies, cost structures, financial models, or other commercially sensitive information during business negotiations, joint ventures, or service arrangements. The agreement, governed by Hong Kong law and incorporating relevant provisions from Hong Kong's common law system, provides specific protections for cost-related confidential information while ensuring compliance with local data privacy requirements and business practices. It is commonly used in situations involving vendor negotiations, service provider arrangements, joint ventures, and other business relationships where detailed cost information needs to be shared under strict confidentiality.
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1. Parties: Identification and details of the disclosing and receiving parties
2. Background: Context of the agreement and purpose of sharing confidential information
3. Definitions: Definitions of key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose'
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
6. Security Measures: Required measures for protecting and securing confidential information
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Duration and Survival: Term of the agreement and surviving obligations
9. Breach and Remedies: Consequences of breach and available remedies
10. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement
1. Intellectual Property Rights: Additional provisions protecting IP rights when confidential information includes IP
2. Data Privacy Compliance: Specific provisions for compliance with PDPO when personal data is involved
3. Representatives and Authorized Persons: Detailed provisions about who can access the confidential information
4. Non-Solicitation: Restrictions on soliciting employees or customers, if relevant to the business relationship
5. Export Control: Provisions for international transfers of confidential information
6. Publicity and Announcements: Restrictions on public statements about the relationship
7. Competitive Activities: Restrictions on competitive activities during the confidentiality period
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information considered confidential
2. Schedule 2 - Authorized Representatives: List of authorized personnel who may access the confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed
4. Schedule 4 - Permitted Purpose: Detailed description of the permitted use of confidential information
5. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations
Relevant legal definitions
Clauses
Relevant Industries
Technology
Financial Services
Manufacturing
Professional Services
Healthcare
Real Estate
Retail
Telecommunications
Construction
Education
Research & Development
Biotechnology
Media & Entertainment
Energy
Logistics
Relevant Teams
Legal
Finance
Procurement
Commercial
Business Development
Operations
Risk & Compliance
Strategic Planning
Project Management
Vendor Management
Relevant Roles
Chief Financial Officer
Finance Director
Procurement Manager
Legal Counsel
Contract Manager
Business Development Director
Project Manager
Cost Analyst
Financial Controller
Commercial Director
Operations Manager
Risk Manager
Compliance Officer
Vendor Manager
Strategic Planning Director
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