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Non Disclosure Agreement Cost for Indonesia

Non Disclosure Agreement Cost Template for Indonesia

A specialized Non-Disclosure Agreement governed by Indonesian law, specifically designed to protect sensitive cost-related information, pricing structures, financial data, and commercial terms between parties. This document ensures confidentiality of cost-sensitive business information while complying with Indonesian legal requirements, including the Civil Code (KUHPer) and Law No. 30 of 2000 on Trade Secrets. It provides comprehensive protection for financial and cost-related confidential information, including pricing strategies, profit margins, operational costs, and other sensitive financial data.

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What is a Non Disclosure Agreement Cost?

The Non-Disclosure Agreement Cost is a specialized confidentiality agreement essential for business transactions in Indonesia where cost-sensitive information needs to be shared between parties. This document is particularly crucial when companies need to disclose financial data, pricing structures, cost breakdowns, or other commercially sensitive financial information to potential business partners, contractors, or advisors. The agreement ensures compliance with Indonesian legal requirements while providing robust protection for cost-related confidential information. It is commonly used in business negotiations, due diligence processes, vendor relationships, and consulting engagements where detailed cost information must be shared. The document incorporates specific provisions aligned with Indonesian trade secret laws and contract regulations, making it suitable for both domestic and international business relationships within Indonesian jurisdiction.

What sections should be included in a Non Disclosure Agreement Cost?

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

2. Background: Context of the agreement, purpose of disclosure, and nature of the business relationship

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions

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

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

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

7. Term and Survival: Duration of the agreement and survival of obligations after termination

8. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon request or termination

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

10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for dispute resolution

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

1. Electronic Information Protection: Special provisions for protecting digital information and electronic communications, recommended when dealing with digital assets

2. Employee Obligations: Additional provisions specific to employee NDAs, including post-employment obligations

3. Intellectual Property Rights: Specific provisions regarding IP rights when the confidential information includes patents, trademarks, or other IP

4. Export Control: Provisions dealing with international transfer of information, needed for cross-border agreements

5. Data Privacy Compliance: Special provisions ensuring compliance with Indonesian data protection laws, needed when personal data is involved

6. Non-Solicitation: Provisions preventing solicitation of employees or customers, useful in business contexts

7. Force Majeure: Provisions addressing extraordinary circumstances affecting confidentiality obligations

8. Alternative Dispute Resolution: Provisions for mediation or arbitration before court proceedings

What schedules should be included in a Non Disclosure Agreement Cost?

1. Schedule 1 - Specified Confidential Information: Detailed list of specific confidential information covered by the agreement

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

3. Schedule 3 - Security Procedures: Specific security measures and procedures for handling confidential information

4. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertaking to be signed by representatives or employees

5. 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

Indonesia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions




































Clauses






























Relevant Industries

Manufacturing

Technology

Financial Services

Construction

Energy

Healthcare

Retail

Professional Services

Telecommunications

Mining

Infrastructure

Real Estate Development

Transportation

Logistics

Relevant Teams

Legal

Finance

Procurement

Commercial

Business Development

Operations

Risk Management

Corporate Strategy

Supply Chain

Contract Administration

Relevant Roles

Chief Financial Officer

Financial Controller

Procurement Manager

Cost Analyst

Business Development Manager

Project Manager

Commercial Director

Supply Chain Manager

Legal Counsel

Risk Manager

Operations Director

Contract Administrator

Finance Manager

Pricing Analyst

Corporate Strategy 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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