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Internal NDA
"I need an Internal NDA for my Singapore tech startup to protect our AI algorithms and trade secrets, which will be used for all employees in our R&D department starting from January 2025."
1. Parties: Identification of all parties involved in the agreement, including company registration details
2. Background: Context and purpose of the NDA, explaining why confidential information needs to be shared
3. Definitions: Key terms used in the agreement, particularly 'Confidential Information' and 'Permitted Purpose'
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed
6. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination
7. Duration: Term of the agreement and survival of obligations
8. Governing Law: Specification of Singapore law as governing law
1. Data Protection: Additional provisions for compliance with Personal Data Protection Act (PDPA) when personal data is included in confidential information
2. Intellectual Property: Additional provisions for IP rights protection and ownership when confidential information includes IP assets
3. Security Measures: Specific security requirements for handling information, recommended for highly sensitive information or regulated industries
4. Audit Rights: Provisions for right to audit compliance with NDA obligations, suitable for high-risk relationships or regulatory requirements
1. Schedule 1 - Authorized Personnel: List of individuals authorized to access confidential information
2. Schedule 2 - Security Protocols: Detailed security measures and procedures for handling confidential information
3. Schedule 3 - Categories of Confidential Information: Detailed list of information types covered by the NDA
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