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NDA For Business Partnership Template for United Arab Emirates

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Key Requirements PROMPT example:

NDA For Business Partnership

"I need an NDA For Business Partnership to protect confidential information while exploring a joint venture with a UAE-based technology company, with specific provisions for protecting software source code and technical specifications."

Document background
This NDA For Business Partnership is essential for companies establishing business relationships in the United Arab Emirates, where protection of confidential information is crucial for commercial success. The document is designed to comply with UAE Federal Laws, including Law No. 5 of 1985 (Civil Code) and Law No. 18 of 1993 (Commercial Transactions Law), while accommodating both local and international business practices. It should be used when parties are exploring potential business partnerships, joint ventures, or collaborative opportunities in the UAE, protecting sensitive information such as business plans, technical data, financial information, and trade secrets. The agreement includes specific provisions required under UAE law and considers local business customs and practices, making it suitable for both UAE-based entities and international companies operating or planning to operate in the UAE market.
Suggested Sections

1. Parties: Identification of all parties to the NDA, including full legal names, addresses, and registration details as per UAE requirements

2. Background: Context of the business partnership and purpose of sharing confidential information

3. Definitions: Detailed definitions including 'Confidential Information', 'Business Purpose', 'Representatives', and other key terms

4. Scope of Confidentiality: Clear delineation of what constitutes confidential information and exclusions

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and as required by law

7. Security Measures: Required security protocols and measures for protecting confidential information

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

9. Term and Survival: Duration of the agreement and surviving obligations

10. Breach and Remedies: Consequences of breach and available remedies under UAE law

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Competition: Include when parties wish to restrict competitive activities during the business partnership discussions

2. Non-Solicitation: Add when protection against poaching employees or clients is needed

3. Intellectual Property Rights: Include when confidential information includes IP or when development of new IP is anticipated

4. Data Protection Compliance: Add when confidential information includes personal data subject to UAE data protection laws

5. Force Majeure: Include when parties want specific provisions for extraordinary circumstances affecting confidentiality obligations

6. Insurance Requirements: Add when parties require specific insurance coverage for confidential information protection

7. Electronic Information Security: Include when confidential information will be shared or stored electronically

8. Third Party Rights: Add when rights need to be extended to or excluded from third parties

Suggested Schedules

1. Schedule 1 - Categories of Confidential Information: Detailed list of types and categories of confidential information covered

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

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed

4. Schedule 4 - Approved Purpose: Detailed description of the business purpose and permitted uses of confidential information

5. Appendix A - Form of Representative Undertaking: Template confidentiality undertaking for representatives who will access confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































Clauses






























Relevant Industries

Technology and Software

Real Estate and Construction

Financial Services

Healthcare and Pharmaceuticals

Manufacturing and Industrial

Retail and Consumer Goods

Energy and Resources

Professional Services

Hospitality and Tourism

Logistics and Transportation

Media and Entertainment

Education and Training

Relevant Teams

Legal

Business Development

Executive Leadership

Operations

Finance

Compliance

Strategy

Research and Development

Information Technology

Corporate Communications

Risk Management

Procurement

Human Resources

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Chief Financial Officer

Operations Director

Project Manager

Commercial Director

Partnership Manager

Compliance Officer

Strategy Director

Investment Manager

Research and Development Director

Technical Director

Chief Technology Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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