Confidentiality And Proprietary Information Agreement

Confidentiality And Proprietary Information Agreement Template for Singapore

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Key Requirements PROMPT example:

"I need a Confidentiality And Proprietary Information Agreement for my Singapore-based tech startup that will be sharing sensitive software development information with potential investors, specifically covering AI algorithms and source code protection."

Document background

A Confidentiality And Proprietary Information Agreement is essential when parties need to share sensitive business, technical, or proprietary information in Singapore. This document, governed by Singapore law including the PDPA and related legislation, establishes clear obligations for protecting confidential information, defines permitted uses, and outlines consequences of unauthorized disclosure. It's particularly relevant for business negotiations, employment relationships, and commercial partnerships where proprietary information needs protection.

Suggested Sections

1. Parties: Identification of all parties entering into the agreement, including full legal names and addresses

2. Background/Recitals: Context of the agreement and purpose for sharing confidential information

3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information'

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

5. Obligations of Confidentiality: Core confidentiality obligations and permitted uses of the information

6. Term and Termination: Duration of the agreement and termination provisions

7. Return of Confidential Information: Obligations regarding return or destruction of confidential information

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Data Protection: PDPA compliance provisions for handling personal data

2. Intellectual Property Rights: Provisions regarding IP ownership and licensing of confidential information

3. Non-Solicitation: Restrictions on soliciting employees or customers during and after the agreement

4. Security Measures: Specific security requirements and protocols for protecting confidential information

5. Third Party Rights: Provisions governing rights of third parties under the agreement

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered under 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 procedures to be followed when handling confidential information

4. Schedule 4 - Approved Third Party Recipients: List of approved third parties who may receive the 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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology
Financial Services
Healthcare
Manufacturing
Professional Services

Relevant Teams

Legal
Human Resources
Research & Development
Information Technology
Business Development

Relevant Roles

Chief Executive Officer
Chief Technology Officer
Legal Counsel
Human Resources Director
Business Development Manager

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Let's create your Confidentiality And Proprietary Information Agreement

Authors

Alex Denne

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