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Non Disclosure Agreement Between Partners
"I need a Non Disclosure Agreement Between Partners for a new technology joint venture between my software company and a hardware manufacturer, with specific protection for source code and manufacturing processes, to be effective from March 2025."
1. Parties: Identification and details of all parties entering into the NDA
2. Background: Context and purpose of the NDA
3. Definitions: Key terms used in the agreement, including 'Confidential Information'
4. Confidentiality Obligations: Core obligations regarding handling and protection of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed
6. Term and Termination: Duration of the agreement and conditions for termination
7. Return of Confidential Information: Procedures for returning or destroying confidential information
8. Governing Law and Jurisdiction: Specification of applicable law and jurisdiction for dispute resolution
1. Residual Rights: Provisions regarding information retained in unaided memory, typically used when dealing with professional service providers or consultants
2. Non-Solicitation: Restrictions on soliciting employees or customers, included when sharing sensitive business relationship information
3. Non-Competition: Restrictions on competing activities, relevant when sharing business strategy or trade secrets
4. Remedies: Specific remedies available in case of breach, including injunctive relief
1. Schedule A - Description of Confidential Information: Detailed list or categories of protected information
2. Schedule B - Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule C - Security Procedures: Specific procedures for handling and protecting confidential information
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