Non Disclosure And Non Use Agreement Template for Singapore

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Non Disclosure And Non Use Agreement

"I need a Non Disclosure And Non Use Agreement for a Singapore tech startup sharing sensitive AI algorithms with potential investors, with extra provisions for data protection and specific restrictions on reverse engineering."

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What is a Non Disclosure And Non Use Agreement?

The Non Disclosure And Non Use Agreement is essential when parties need to share sensitive business information while maintaining its confidentiality. Under Singapore law, this agreement provides robust protection for trade secrets, proprietary information, and intellectual property. It's commonly used in business negotiations, employment relationships, and potential partnerships. The agreement defines confidential information, establishes clear usage restrictions, and outlines remedies for breach, all within Singapore's legal framework that strongly supports commercial confidentiality.

What sections should be included in a Non Disclosure And Non Use Agreement?

1. Parties: Identification of the disclosing and receiving parties, including their registered addresses and company details

2. Background: Context and purpose of the agreement, including the nature of the business relationship

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions

4. Confidentiality Obligations: Core obligations regarding non-disclosure, non-use, and permitted uses of confidential information

5. Security Measures: Requirements for protecting and safeguarding confidential information

6. Term and Survival: Duration of the agreement and survival of obligations after termination

7. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon request or termination

8. Remedies: Legal remedies available in case of breach, including injunctive relief

9. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

What sections are optional to include in a Non Disclosure And Non Use Agreement?

1. Specific Project Scope: Detailed description of the specific project or purpose for which confidential information is being shared

2. Non-Compete Provisions: Additional restrictions on competitive activities, used when protecting broader business interests

3. Data Protection Compliance: Specific provisions for PDPA compliance when personal data is involved

4. Representatives and Permitted Disclosures: Detailed provisions about who may access the information and under what circumstances

5. Intellectual Property Rights: Specific provisions regarding IP rights in relation to the confidential information

What schedules should be included in a Non Disclosure And Non Use Agreement?

1. Schedule 1 - Description of Confidential Information: Detailed categorization and description of the types of confidential information covered

2. Schedule 2 - Authorized Representatives: List of personnel authorized to access and handle the confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling confidential information

4. Schedule 4 - Permitted Purpose: Detailed description of the permitted uses of 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

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What is a Non Disclosure And Non Use Agreement?

What sections should be included in a Non Disclosure And Non Use Agreement?

What sections are optional to include in a Non Disclosure And Non Use Agreement?

What schedules should be included in a Non Disclosure And Non Use Agreement?

Authors

Alex Denne

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