Reciprocal Non Disclosure Agreement

Reciprocal Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

"Need a Reciprocal Non Disclosure Agreement under Singapore law for a potential joint venture between our technology company and a research institution, with specific provisions for protecting source code and research data. Planning to commence discussions in March 2025."

Document background

The Reciprocal Non Disclosure Agreement is essential when two parties need to share sensitive information during business discussions, negotiations, or collaborative projects. This agreement, governed by Singapore law, ensures both parties have equal obligations to protect each other's confidential information. It's particularly relevant in Singapore's business environment, where intellectual property protection and data privacy are paramount. The agreement typically covers trade secrets, proprietary information, customer data, and other sensitive business information, with specific provisions aligned with Singapore's Personal Data Protection Act and common law principles.

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 'Confidential Information', 'Representatives', 'Purpose'

4. Obligations of Confidentiality: Core obligations regarding use and protection of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed

6. Term and Survival: Duration of the agreement and which obligations survive termination

7. Return or Destruction of Information: Obligations regarding confidential information upon termination

8. Governing Law and Jurisdiction: Specification of Singapore law and courts' jurisdiction

Optional Sections

1. Non-Solicitation: Prevents parties from soliciting each other's employees or clients. Include when parties have access to each other's human resource information or client lists

2. Data Protection: Specific provisions relating to personal data under PDPA. Include when confidential information includes personal data

3. Export Control: Provisions regarding international transfer of information. Include when parties are in different jurisdictions or information may cross borders

4. Intellectual Property Rights: Specific provisions protecting IP rights. Include when confidential information includes trade secrets or proprietary technology

Suggested Schedules

1. Description of Confidential Information: Detailed list or categories of information covered by the agreement

2. Authorized Representatives: List of individuals authorized to receive confidential information

3. Security Protocols: Specific security measures required for protecting confidential information

4. Notification Requirements: Procedures for notification in case of breach or required disclosure

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
Research & Development
Business Development
Information Technology
Executive Leadership

Relevant Roles

Chief Executive Officer
Chief Technology Officer
Business Development Manager
Legal Counsel
Research Director

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Let's create your Reciprocal Non Disclosure Agreement

Authors

Alex Denne

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