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Software Non Disclosure Agreement

Software Non Disclosure Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Software Non Disclosure Agreement

"I need a Software Non-Disclosure Agreement under Hong Kong law for a fintech startup sharing our proprietary trading algorithm code with a potential investor, with extra strict provisions about source code protection and a specific clause prohibiting reverse engineering."

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Document background
The Software Non-Disclosure Agreement (NDA) is essential in today's technology-driven business environment, particularly in Hong Kong's dynamic tech sector. This document is typically used when parties need to share sensitive software-related information during business discussions, development projects, or potential collaborations. It is specifically designed to protect proprietary software information, including source code, development methodologies, algorithms, and technical specifications. The agreement incorporates Hong Kong legal requirements and provides mechanisms for enforcement under local law, making it particularly suitable for technology companies operating in or from Hong Kong. It is commonly used in software licensing negotiations, development projects, system integration efforts, and technology transfer situations where protection of intellectual property and trade secrets is paramount.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including registered addresses and company numbers

2. Background: Context of the agreement, including the purpose of sharing confidential information and the nature of the software-related disclosure

3. Definitions: Detailed definitions including 'Confidential Information', 'Software', 'Source Code', 'Documentation', 'Intellectual Property Rights', and other relevant terms

4. Scope of Confidential Information: Specific description of what constitutes confidential information in the software context, including code, algorithms, architecture, and documentation

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Security Measures: Specific security protocols for handling software-related confidential information

8. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon termination

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 contractual provisions including governing law, jurisdiction, entire agreement, and variation

Optional Sections

1. Source Code Protection: Additional provisions specifically for source code protection, use when source code access is involved

2. Third Party Access: Provisions governing access by third-party contractors or service providers, include when third-party involvement is anticipated

3. Cloud Storage Provisions: Specific provisions for cloud storage and transmission of confidential information, include when cloud services are used

4. Data Privacy Compliance: Specific provisions relating to personal data protection, include when personal data is involved

5. Export Control: Provisions regarding export control regulations, include for international software deployments

6. Reverse Engineering Prohibition: Specific provisions prohibiting reverse engineering of software, include for proprietary software protection

7. Competing Projects: Restrictions on involvement in competing projects, include when competitive concerns exist

8. Audit Rights: Rights to audit compliance with the NDA, include for high-security requirements

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed description of the software and related confidential information covered

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

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

4. Schedule 4 - Approved Subcontractors: List of approved third parties who may access the confidential information

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

6. Appendix B - Data Handling Procedures: Specific procedures for handling, storing, and transmitting confidential information

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

Information Technology

Software Development

Financial Services

Healthcare Technology

E-commerce

Telecommunications

Banking

Insurance

Gaming and Entertainment

Education Technology

Cybersecurity

Cloud Services

Artificial Intelligence

Manufacturing Technology

Retail Technology

Relevant Teams

Legal

Information Technology

Software Development

Product Development

Information Security

Procurement

Business Development

Compliance

Research and Development

Enterprise Architecture

Solutions Development

Technical Operations

Project Management Office

Vendor Management

Corporate Strategy

Relevant Roles

Chief Technology Officer

Software Development Manager

Legal Counsel

IT Director

Product Manager

Business Development Manager

Software Engineer

Systems Architect

Project Manager

Information Security Officer

Procurement Manager

Technical Lead

Solutions Architect

Compliance Officer

Contract Manager

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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