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Non Disclosure Agreement For Invention for Hong Kong

Non Disclosure Agreement For Invention Template for Hong Kong

A comprehensive confidentiality agreement specifically designed for protecting invention-related information under Hong Kong law. This document establishes legally binding obligations for parties receiving confidential information about an invention, incorporating provisions from Hong Kong's Patents Ordinance and common law principles on confidentiality. It includes specific clauses for technical information protection, future patent rights preservation, and practical security measures, while ensuring compliance with Hong Kong's legal framework for intellectual property protection and trade secret maintenance.

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Non Disclosure Agreement For Invention

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What is a Non Disclosure Agreement For Invention?

The Non-Disclosure Agreement For Invention is essential when sharing sensitive information about new inventions or innovations in Hong Kong's dynamic business environment. This document is particularly crucial during the pre-patent filing period when inventors or companies need to disclose invention details to potential partners, investors, or service providers while maintaining confidentiality. It incorporates specific provisions that align with Hong Kong's Patents Ordinance and common law principles, protecting both technical specifications and commercial aspects of the invention. The agreement is commonly used in research and development collaborations, investment discussions, manufacturing partnerships, and technology licensing negotiations, providing robust protection for intellectual property rights while facilitating necessary business discussions.

What sections should be included in a Non Disclosure Agreement For Invention?

1. Parties: Identification of the disclosing party (inventor/owner) and receiving party

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

3. Definitions: Key terms including 'Confidential Information', 'Invention', 'Permitted Purpose', 'Representatives'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information, specifically relating to the invention

5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions and standard of care

6. Permitted Disclosures: Circumstances under which confidential information may be shared with specific parties

7. Security Measures: Required procedures for handling and protecting confidential information

8. Return or Destruction of Information: Obligations regarding confidential information upon termination or request

9. Duration and Survival: Term of the agreement and surviving obligations

10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and variation

What sections are optional to include in a Non Disclosure Agreement For Invention?

1. Patent Rights: Section addressing future patent applications and rights, used when patent protection is contemplated

2. Employee and Contractor Obligations: Additional provisions when receiving party needs to share information with employees/contractors

3. Export Control: Include when the invention involves technology subject to export control regulations

4. Reverse Engineering Prohibition: Specific prohibition on reverse engineering, used for technical inventions

5. Non-Competition: Optional restrictions on competing activities, if appropriate and enforceable

6. Insurance Requirements: Insurance obligations for high-value or high-risk inventions

7. Publicity Restrictions: Additional provisions regarding public announcements or publications

8. Third Party Rights: Provisions addressing third party rights under the Contracts (Rights of Third Parties) Ordinance

What schedules should be included in a Non Disclosure Agreement For Invention?

1. Schedule 1 - Description of Invention: Detailed technical description of the invention and related confidential information

2. Schedule 2 - Authorized Representatives: List of authorized representatives who may access the confidential information

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

4. Schedule 4 - Permitted Purpose: Detailed description of the permitted use of the confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for employees/contractors of receiving party

6. Appendix B - Information Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions








































Clauses



































Relevant Industries

Technology

Manufacturing

Biotechnology

Pharmaceuticals

Electronics

Software Development

Medical Devices

Automotive

Aerospace

Chemical Industry

Consumer Products

Industrial Engineering

Research & Development

Clean Technology

Artificial Intelligence

Robotics

Relevant Teams

Legal

Research & Development

Intellectual Property

Product Development

Engineering

Innovation

Corporate Development

Technology Transfer

Business Development

Patent Administration

Scientific Affairs

Technical Operations

Relevant Roles

Chief Technology Officer

Research Director

Innovation Manager

Patent Attorney

Intellectual Property Counsel

R&D Manager

Product Development Manager

Technical Director

Chief Scientific Officer

Investment Manager

Legal Counsel

Business Development Manager

Laboratory Director

Engineering Manager

Prototype Developer

Technology Transfer Officer

Innovation Consultant

Venture Capital Associate

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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