The Confidentiality Letter Agreement serves as a crucial legal instrument in Indonesian business transactions where parties need to protect sensitive information while maintaining a less formal structure than a comprehensive confidentiality agreement. This document is particularly useful in initial business discussions, preliminary negotiations, or situations requiring quick implementation of confidentiality protections. It incorporates key requirements from Indonesian legislation, including the Trade Secrets Law (UU No. 30 Tahun 2000) and Civil Code, while remaining accessible and practical. The agreement is commonly used before detailed business discussions, due diligence processes, or when engaging with consultants and service providers who need access to confidential information.
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1. Parties: Identification of the disclosing party and receiving party, including full legal names and addresses
2. Background: Brief context explaining the purpose of sharing confidential information and the relationship between the parties
3. Definitions: Clear definition of what constitutes 'Confidential Information' under the agreement
4. Confidentiality Obligations: Core obligations regarding the protection, non-disclosure, and permitted use of confidential information
5. Return or Destruction: Requirements for handling confidential information upon request or termination
6. Duration: Period for which confidentiality obligations remain in effect
7. Governing Law: Specification of Indonesian law as governing law and jurisdiction
8. Signature Block: Space for authorized representatives' signatures, names, titles, and dates
1. Permitted Disclosures: Used when specific exceptions to confidentiality need to be detailed, such as disclosure to employees or professional advisors
2. Security Measures: Include when specific security protocols for handling confidential information need to be mandated
3. Notice of Disclosure: Added when parties want to specify procedures for mandatory legal disclosures
4. Non-Solicitation: Include when there's a need to prevent poaching of employees or clients
5. Remedies: Used when parties want to specify particular remedies for breach beyond standard legal remedies
1. Description of Confidential Information: Detailed list or categories of information covered by the agreement
2. Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Security Protocols: Specific procedures and requirements for handling confidential information, if applicable
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Financial Services
Healthcare
Professional Services
Real Estate
Energy
Mining
Telecommunications
Retail
Education
Research & Development
Construction
Agriculture
Pharmaceutical
Relevant Teams
Legal
Human Resources
Executive Leadership
Business Development
Research & Development
Finance
Operations
Procurement
Information Technology
Sales
Strategy
Compliance
Corporate Affairs
Relevant Roles
Chief Executive Officer
Legal Counsel
Business Development Manager
Human Resources Director
Chief Financial Officer
Project Manager
Research Director
Operations Manager
Procurement Manager
Investment Manager
Technology Officer
Sales Director
Strategy Consultant
Corporate Secretary
Compliance Officer
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