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Confidentiality And Non Circumvention Agreement
"I need a Confidentiality and Non-Circumvention Agreement for my Pakistan-based software company that will be sharing our proprietary AI technology with potential investors from Singapore in March 2025, with special emphasis on protecting our source code and preventing them from directly approaching our development team or existing clients."
1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context of the relationship and purpose of sharing confidential information
3. Definitions: Definitions of key terms including 'Confidential Information', 'Purpose', 'Representatives', 'Non-Circumvention'
4. Confidentiality Obligations: Core obligations regarding protection, use, and non-disclosure of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed and related procedures
6. Non-Circumvention Obligations: Commitments not to bypass or compete with the disclosing party's interests
7. Security Measures: Required procedures and safeguards for protecting confidential information
8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon request or termination
9. Term and Survival: Duration of the agreement and provisions that continue after termination
10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
11. General Provisions: Standard clauses including governing law, jurisdiction, amendments, and notices
1. Electronic Information Protection: Additional provisions for digital data protection, recommended when significant electronic information is involved
2. Third Party Rights: Provisions regarding rights of third parties, useful when information belongs to or affects third parties
3. Non-Solicitation: Restrictions on soliciting employees or customers, relevant for business relationships
4. Intellectual Property Rights: Specific provisions protecting IP rights, important when confidential information includes IP
5. Export Control: Compliance with export control laws, necessary for international relationships
6. Data Privacy Compliance: Specific provisions for personal data protection, required when confidential information includes personal data
7. Force Majeure: Provisions for extraordinary events, optional but recommended for long-term agreements
1. Schedule 1 - Confidential Information: Detailed description and categorization of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures to be followed
4. Schedule 4 - Permitted Purpose: Detailed description of the authorized use of confidential information
5. Appendix A - Information Return Form: Template for documenting return or destruction of confidential information
Authors
Technology and Software
Manufacturing
Healthcare and Pharmaceuticals
Financial Services
Professional Services
Real Estate Development
Energy and Resources
Telecommunications
Retail and Consumer Goods
Education and Training
Agriculture and Food Processing
Automotive
Construction and Infrastructure
Textile and Garments
Legal
Business Development
Executive Leadership
Research and Development
Finance
Operations
Commercial
Procurement
Corporate Strategy
Information Technology
Intellectual Property
Partnerships and Alliances
Chief Executive Officer
Business Development Manager
Legal Counsel
Chief Financial Officer
Project Manager
Research and Development Director
Investment Manager
Operations Director
Technology Officer
Commercial Director
Partnership Manager
Procurement Manager
Strategy Consultant
Intellectual Property Manager
Corporate Development Executive
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