Standard NDA

Standard NDA Generator for Singapore

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Key Requirements PROMPT example:

"Need a Standard NDA under Singapore law to protect our AI algorithm development when sharing with potential investors, particularly focusing on source code protection and including specific provisions for data protection compliance."

Document background

This Standard NDA is designed for use in Singapore business contexts where parties need to share confidential information while ensuring legal protection. The agreement incorporates Singapore's robust legal framework for protecting business secrets and confidential information, including provisions aligned with the Personal Data Protection Act 2012 and Contract Law Act 1999. It's particularly useful in business negotiations, potential partnerships, employment relationships, and other situations requiring information sharing with confidentiality safeguards.

Suggested Sections

1. Parties: Identification and details of the disclosing and receiving parties

2. Background: Context and purpose of the NDA

3. Definitions: Key terms including 'Confidential Information', 'Purpose', 'Representatives'

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

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

6. Return of Confidential Information: Obligations regarding return or destruction of confidential materials

7. Governing Law: Specification of Singapore law and jurisdiction

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when protecting business interests between potential competitors

2. Non-Solicitation: Restrictions on soliciting employees or customers, used when protecting employee relationships or customer base

3. Data Protection: Specific provisions for handling personal data under PDPA requirements

4. Assignment: Rights to transfer obligations under the agreement, used when transfer of rights may be needed

Suggested Schedules

1. Schedule of Confidential Information: Detailed list or categories of confidential information covered

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

3. Schedule of Specific Projects: Details of specific projects or purposes for which information is shared

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
Business Development
Procurement

Relevant Roles

Chief Executive Officer
Chief Legal Officer
Business Development Manager
Human Resources Director
Project Manager

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Authors

Alex Denne

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