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Confidential Information Agreement Template for Austria

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Key Requirements PROMPT example:

Confidential Information Agreement

"I need a Confidential Information Agreement under Austrian law to protect proprietary software code and technical documentation that we'll be sharing with an external development contractor from January 2025, with special attention to IP rights and source code protection."

Document background
The Confidential Information Agreement is essential for businesses operating under Austrian jurisdiction who need to protect sensitive information during business negotiations, partnerships, or other commercial relationships. This document is particularly relevant when parties need to share trade secrets, technical know-how, business strategies, or other proprietary information while ensuring legal protection under Austrian law. The agreement typically includes specific provisions aligned with the Austrian Trade Secrets Act (Gesch盲ftsgeheimnisgesetz), GDPR requirements, and other relevant Austrian and EU regulations. It serves as a crucial tool for establishing clear confidentiality obligations, defining permitted uses of information, and setting out consequences for unauthorized disclosure.
Suggested Sections

1. Parties: Identification and details of the parties entering into the agreement

2. Background: Context of the agreement and purpose for sharing confidential information

3. Definitions: Definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Authorized Recipients'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed and to whom

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

8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon request or termination

9. Duration and Termination: Term of the agreement and survival of obligations

10. Breach and Remedies: Consequences of breach and available remedies

11. General Provisions: Standard legal provisions including governing law, jurisdiction, and entire agreement

Optional Sections

1. Data Protection Compliance: Required when confidential information includes personal data subject to GDPR

2. Employee and Contractor Obligations: Used when information will be shared with employees or contractors

3. Intellectual Property Rights: Included when confidential information involves IP rights

4. Non-Competition: Added when there are competitive concerns between the parties

5. Export Control: Required when information may be subject to export control regulations

6. Force Majeure: Optional clause for circumstances preventing performance

7. Insurance Requirements: Used when specific insurance coverage for data protection is needed

Suggested Schedules

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

2. Authorized Recipients: List of individuals or roles authorized to access the confidential information

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

4. Form of Destruction Certificate: Template certificate confirming destruction of confidential information

5. Approved Subcontractors: List of approved subcontractors who may access the information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Manufacturing

Healthcare

Financial Services

Professional Services

Research & Development

Biotechnology

Industrial

Consumer Goods

Energy

Telecommunications

Real Estate

Construction

Education

Automotive

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Research and Development

Information Technology

Human Resources

Procurement

Finance

Information Security

Corporate Development

Operations

Product Development

Strategy

Risk Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Compliance Officer

Business Development Manager

Project Manager

Research Director

Chief Technology Officer

Human Resources Director

Procurement Manager

Innovation Manager

Partnership Manager

Contract Manager

Information Security Officer

Chief Financial 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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