The Non-Disclosure Agreement Price is a specialized confidentiality agreement essential in business negotiations and relationships where sensitive pricing information needs to be shared. This document type is particularly crucial in the Philippine business context, where protecting proprietary pricing structures and financial information is vital for maintaining competitive advantage. The agreement covers detailed aspects of pricing confidentiality, including cost structures, pricing models, discount frameworks, and financial terms. It's commonly used during vendor negotiations, partnership discussions, merger and acquisition talks, or when engaging with consultants who need access to pricing information. The document ensures compliance with Philippine law while providing comprehensive protection for sensitive financial and pricing data. This type of NDA is distinct from general confidentiality agreements as it specifically focuses on the financial and pricing aspects of business relationships.
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1. Parties: Identification of the disclosing and receiving parties, including full legal names, addresses, and corporate details if applicable
2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Trade Secrets', 'Permitted Purpose', and 'Representatives'
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, advisors, or as required by law
7. Term and Survival: Duration of the agreement and survival of obligations after termination
8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request
9. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief
10. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes
1. Data Privacy Compliance: Specific provisions for compliance with the Data Privacy Act of 2012, required when personal data is involved
2. Intellectual Property Rights: Additional provisions regarding IP rights and ownership, needed when proprietary technology or trade secrets are involved
3. Electronic Storage and Transmission: Provisions for digital handling of confidential information, recommended when information will be stored or transmitted electronically
4. Non-Solicitation: Restrictions on soliciting employees or customers, useful in business contexts
5. Export Control: Compliance with export control laws, necessary when dealing with international parties or regulated technologies
6. Competitive Activities: Restrictions on competitive activities, relevant in business partnership contexts
7. Force Majeure: Provisions for unforeseen circumstances affecting compliance, optional but recommended for long-term NDAs
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling confidential information
4. Appendix A - Data Processing Requirements: Specific requirements for processing personal data under Philippine law, if applicable
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Professional Services
Financial Services
Healthcare
Construction
Energy
Telecommunications
Logistics and Supply Chain
Real Estate
Consulting
Education
Hospitality
Automotive
Relevant Teams
Legal
Finance
Procurement
Sales
Business Development
Commercial
Operations
Supply Chain
Vendor Management
Contract Administration
Risk Management
Strategic Planning
Pricing
Corporate Development
Relevant Roles
Chief Financial Officer
Procurement Manager
Sales Director
Business Development Manager
Commercial Director
Financial Controller
Pricing Analyst
Contract Manager
Legal Counsel
Supply Chain Manager
Account Executive
Strategic Sourcing Manager
Finance Manager
Operations Director
Cost Analyst
Vendor Relations Manager
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