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Non Disclosure Agreement For Product Development Template for New Zealand

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Key Requirements PROMPT example:

Non Disclosure Agreement For Product Development

"I need a Non Disclosure Agreement For Product Development to protect our software application's confidential information while working with an external development agency in Auckland, with the agreement starting from March 2025 and including specific provisions for source code protection and cloud security measures."

Document background
This Non Disclosure Agreement For Product Development is essential when parties engage in product development activities requiring the exchange of confidential information in New Zealand. The document is particularly relevant when companies or individuals need to share sensitive technical specifications, designs, prototypes, or proprietary methodologies during the development process. It provides comprehensive protection under New Zealand law, including specific provisions aligned with the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and relevant intellectual property legislation. The agreement is designed to protect both the product owner's original concepts and any innovations developed during the development process, while enabling necessary collaboration between parties.
Suggested Sections

1. Parties: Identifies and provides full legal details of all parties to the agreement

2. Background: Sets out the context of the agreement, including the purpose of sharing confidential information for product development

3. Definitions: Defines key terms including 'Confidential Information', 'Product', 'Development Activities', and other relevant terms

4. Scope of Confidential Information: Clearly identifies what information is considered confidential under the agreement

5. Confidentiality Obligations: Details the core obligations regarding handling and protecting confidential information

6. Permitted Use: Specifies how the receiving party may use the confidential information in relation to the product development

7. Security Measures: Outlines required security measures for protecting confidential information

8. Return or Destruction of Information: Procedures for handling confidential information upon termination or request

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Breach and Remedies: Consequences of breach and available remedies

11. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Intellectual Property Rights: Include when the product development might result in new IP creation, specifying ownership and rights

2. Employee and Contractor Obligations: Include when either party will need to share confidential information with their employees or contractors

3. Insurance Requirements: Include when the value of the confidential information requires specific insurance coverage

4. Data Protection Compliance: Include when personal data may be involved in the product development process

5. Export Control Compliance: Include when the product or technology may be subject to export control regulations

6. Competitive Restrictions: Include when parties need to restrict involvement in competing products during development

7. Publicity and Announcements: Include when there's a need to control public communications about the relationship

8. Source Code Protection: Include when software development is involved and source code needs special protection

Suggested Schedules

1. Schedule 1 - Description of Product: Detailed description of the product being developed

2. Schedule 2 - Specified Confidential Information: Detailed list or categories of confidential information covered

3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

4. Schedule 4 - Security Protocols: Detailed security measures and protocols for handling confidential information

5. Schedule 5 - Approved Subcontractors: List of approved subcontractors who may access confidential information

6. Appendix A - Form of Confidentiality Undertaking: Template confidentiality agreement for employees/contractors

7. Appendix B - Information Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

Authors

Alex Denne

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

Relevant legal definitions








































Clauses



































Relevant Industries

Technology

Manufacturing

Healthcare

Consumer Goods

Biotechnology

Software Development

Industrial Design

Electronics

Automotive

Aerospace

Medical Devices

Food and Beverage

Pharmaceuticals

Renewable Energy

Telecommunications

Relevant Teams

Legal

Research and Development

Product Development

Innovation

Engineering

Design

Manufacturing

Quality Assurance

Business Development

Executive Leadership

Procurement

Technical Operations

Intellectual Property

Relevant Roles

Chief Technology Officer

Product Manager

Research and Development Director

Innovation Manager

Project Manager

Technical Lead

Design Engineer

Product Designer

Development Manager

Intellectual Property Counsel

Chief Executive Officer

Business Development Manager

Manufacturing Manager

Quality Assurance Manager

Procurement Manager

Legal Counsel

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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