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Vendor NDA
"Need a standard Vendor NDA under Hong Kong law for a software development contractor who will have access to our source code and customer database; planning to start the engagement in March 2025."
1. Parties: Identification of the disclosing party, receiving party, and their registered addresses
2. Background: Context of the vendor relationship and purpose of sharing confidential information
3. Definitions: Definitions of key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and 'Trade Secrets'
4. Scope of Confidentiality: Detailed description of what constitutes confidential information and exclusions
5. Confidentiality Obligations: Core obligations regarding use, disclosure, and protection of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed
7. Information Security Measures: Required security measures for protecting confidential information
8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination
9. Term and Termination: Duration of the agreement and termination provisions
10. Breach and Remedies: Consequences of breach and available remedies
11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Data Privacy Compliance: Specific provisions for compliance with PDPO when confidential information includes personal data
2. Intellectual Property Rights: Additional provisions protecting IP rights when technical or proprietary information is involved
3. Subcontractors: Provisions governing the use of subcontractors and their confidentiality obligations
4. Export Control: Requirements for cross-border transfer of technical data or technology
5. Non-Competition: Restrictions on competitive activities, if applicable to the vendor relationship
6. Audit Rights: Rights to audit vendor's compliance with confidentiality obligations
7. Insurance Requirements: Specific insurance requirements for high-risk vendor relationships
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of authorized personnel who may access confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required
4. Schedule 4 - Approved Subcontractors: List of pre-approved subcontractors if applicable
5. Appendix A - Information Handling Procedures: Detailed procedures for handling, storing, and disposing of confidential information
Authors
Technology
Manufacturing
Financial Services
Professional Services
Healthcare
Retail
Construction
Telecommunications
Education
Energy
Logistics
Real Estate
Media and Entertainment
Biotechnology
Legal
Procurement
Vendor Management
Information Security
Compliance
Operations
Risk Management
Finance
Supply Chain
Information Technology
Business Development
Chief Legal Officer
Legal Counsel
Procurement Manager
Vendor Relations Manager
Contract Administrator
Chief Technology Officer
Information Security Officer
Project Manager
Operations Director
Risk Manager
Compliance Officer
Business Development Manager
Chief Financial Officer
Supply Chain Manager
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