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Non Disclosure Agreement Statement

Non Disclosure Agreement Statement Template for Hong Kong

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Key Requirements PROMPT example:

Non Disclosure Agreement Statement

"I need a Non-Disclosure Agreement Statement under Hong Kong law for my technology startup to protect our AI algorithms and trade secrets during upcoming investment discussions with venture capital firms, expected to begin in March 2025."

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Document background
The Non-Disclosure Agreement Statement is a crucial legal document used in Hong Kong business environments where confidential information needs to be shared between parties while maintaining its secrecy and commercial value. This document type is essential when businesses or individuals need to discuss sensitive matters such as potential partnerships, investments, employment, or commercial opportunities. The agreement, governed by Hong Kong law, provides a framework for protecting proprietary information, trade secrets, and other confidential data, while ensuring compliance with Hong Kong's Personal Data (Privacy) Ordinance and relevant legislation. It is particularly important in Hong Kong's dynamic business environment, where international commerce and local business interests frequently intersect, requiring robust confidentiality protections that are enforceable under local jurisdiction.
Suggested Sections

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

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

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations and standards of care required

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed

7. Term and Survival: Duration of the agreement and obligations that survive termination

8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination

9. Remedies: Legal remedies available in case of breach, including injunctive relief

10. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement

Optional Sections

1. Data Protection Compliance: Additional provisions when confidential information includes personal data under PDPO

2. International Transfer Provisions: Specific provisions for cross-border transfer of confidential information

3. Intellectual Property Rights: Additional provisions when confidential information includes IP rights

4. Representatives and Affiliates: Extended provisions when information needs to be shared with related parties

5. Security Measures: Specific technical and organizational measures required for information protection

6. Non-Solicitation: Additional provisions preventing solicitation of employees or customers

7. Competing Activities: Restrictions on competing activities during the confidentiality period

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

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 for handling confidential information

4. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations

5. Appendix B - Data Processing Requirements: Specific requirements for processing personal data if applicable

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions






























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Relevant Industries

Technology

Financial Services

Manufacturing

Professional Services

Healthcare

Real Estate

Education

Retail

Media and Entertainment

Biotechnology

Telecommunications

Research and Development

Consumer Goods

Energy

Legal Services

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Compliance

Operations

Finance

Procurement

Corporate Affairs

Innovation

Mergers and Acquisitions

Strategy

Risk Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Human Resources Director

Chief Technology Officer

Project Manager

Research Director

Investment Manager

Compliance Officer

Operations Manager

Partnership Manager

Procurement Manager

Corporate Secretary

Innovation Director

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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