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NDA Product Design
"I need an NDA Product Design agreement for my Singapore-based startup that's working with an external design firm in Malaysia to develop a new medical device, with the agreement starting from March 2025 and lasting for 2 years."
1. Parties: Identification of all parties involved in the agreement, including full legal names and addresses
2. Background: Context of the agreement, including the purpose of sharing confidential information related to product design
3. Definitions: Key terms used in the agreement, including 'Confidential Information', 'Product Design', 'Permitted Purpose'
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Use: Specified purposes for which the confidential information may be used
6. Term and Termination: Duration of the agreement and circumstances for termination
7. Return of Information: Obligations regarding the return or destruction of confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Employee and Contractor Obligations: Additional provisions for handling information shared with employees/contractors - use when confidential information needs to be shared with team members
2. Intellectual Property Rights: Provisions regarding IP ownership and rights - use when IP rights might arise from the product design process
3. Data Protection: PDPA compliance provisions - use when personal data is involved in the confidential information
4. International Transfer: Provisions for cross-border information sharing - use when parties are in different jurisdictions
1. Schedule 1 - Description of Product Design: Detailed description of the product design covered by the NDA
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures for handling confidential information
4. Schedule 4 - Permitted Purpose Details: Detailed scope of permitted use of confidential information
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