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Confidentiality Agreement For Vendors Template for Austria

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Key Requirements PROMPT example:

Confidentiality Agreement For Vendors

"I need a Confidentiality Agreement for Vendors under Austrian law to protect our proprietary software code and technical specifications when working with an IT consulting firm that will be developing our new cloud platform starting March 2025."

Document background
The Confidentiality Agreement For Vendors is a crucial legal document used when a company needs to share sensitive or proprietary information with its vendors, suppliers, or service providers in Austria. This agreement is essential for protecting trade secrets, technical specifications, business strategies, and other confidential information during vendor relationships. It is structured to comply with Austrian legal requirements, including the Austrian Trade Secrets Act (Gesch盲ftsgeheimnisgesetz) and data protection regulations, while also addressing EU-wide requirements such as GDPR. The document is particularly important for businesses operating in Austria who engage with external vendors and need to ensure their confidential information remains protected throughout the business relationship and beyond.
Suggested Sections

1. Parties: Identification of the disclosing party (company) and receiving party (vendor), including full legal names, registration numbers, and addresses

2. Background: Context of the relationship between parties and purpose of sharing confidential information

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

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

5. Obligations of Confidentiality: Core confidentiality obligations, including duty of care, non-disclosure, and security measures

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Term and Survival: Duration of the agreement and survival of obligations after termination

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

9. Data Protection and GDPR Compliance: Specific provisions relating to personal data handling and GDPR requirements

10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

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

12. Execution: Signature blocks and execution provisions

Optional Sections

1. Reciprocal Obligations: Used when both parties may exchange confidential information, making confidentiality obligations mutual

2. Intellectual Property Rights: Include when confidential information may involve IP rights or when ownership of developments needs to be addressed

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

4. Information Security Requirements: Detailed security measures required when dealing with highly sensitive technical or digital information

5. Subcontractors: Include when vendor may need to engage subcontractors who would have access to confidential information

6. Force Majeure: May be included for long-term NDAs where external events could affect compliance

7. Insurance Requirements: Include when requiring vendor to maintain specific insurance coverage for potential breaches

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement

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

3. Schedule 3 - Security Measures: Specific technical and organizational measures required for protecting confidential information

4. Appendix A - Data Processing Terms: Detailed GDPR-compliant data processing terms when personal data is involved

5. Appendix B - Information Return/Destruction Certificate: Template certificate for confirming return or destruction of confidential 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

Professional Services

Healthcare

Financial Services

Retail

Construction

Telecommunications

Energy

Automotive

Pharmaceutical

Consumer Goods

Industrial

Software Development

Logistics

Research and Development

Relevant Teams

Legal

Procurement

Vendor Management

Compliance

Risk Management

Information Security

Operations

Supply Chain

Commercial

Contract Management

Business Development

Finance

Information Technology

Research & Development

Relevant Roles

Legal Counsel

Procurement Manager

Vendor Relations Manager

Contract Administrator

Chief Legal Officer

Supply Chain Manager

Project Manager

Commercial Director

Chief Technology Officer

Operations Manager

Risk Manager

Compliance Officer

Business Development Manager

Chief Financial Officer

Technical Director

Information Security 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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