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Confidentiality Agreement Indemnity

Confidentiality Agreement Indemnity Template for Austria

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Key Requirements PROMPT example:

Confidentiality Agreement Indemnity

"I need a Confidentiality Agreement Indemnity under Austrian law for a potential merger with a tech company, where we'll be sharing proprietary software code and customer data, with specific indemnification provisions for any breach that could affect our market position."

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Document background
This document is designed for situations where parties need to share sensitive business information while ensuring maximum protection through both confidentiality obligations and specific indemnification provisions. The Confidentiality Agreement Indemnity is particularly suitable for high-value transactions or situations involving particularly sensitive information in Austria, where the disclosing party requires additional security through indemnification commitments. It combines the protective elements of a standard NDA with specific indemnification obligations, making it especially relevant for strategic partnerships, due diligence processes, or complex commercial negotiations where significant confidential information needs to be shared. The agreement is structured to comply with Austrian legal requirements and provides comprehensive protection through well-defined confidentiality obligations and clear indemnification mechanisms.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including full legal names, registration details, and addresses

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

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

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

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

6. Security Measures: Required measures for protecting and securing confidential information

7. Indemnification: Specific indemnification obligations, including scope of covered losses and process for claiming indemnification

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

9. Term and Survival: Duration of the agreement and provisions that survive termination

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

11. General Provisions: Standard boilerplate clauses including severability, amendments, and notices

Optional Sections

1. Third Party Rights: Include when third parties may have rights or obligations under the agreement

2. Intellectual Property Rights: Include when confidential information includes IP that needs specific protection

3. Data Protection Compliance: Include when confidential information includes personal data subject to GDPR

4. Insurance Requirements: Include when specific insurance coverage is required for indemnification obligations

5. Dispute Resolution: Include when parties want to specify alternative dispute resolution mechanisms

6. Force Majeure: Include when parties want to address circumstances that may prevent compliance

7. Bank Guarantee/Security: Include when financial security is required to back indemnification obligations

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed description or categorization of information considered confidential

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to receive confidential information

3. Schedule 3 - Security Protocol: Specific security measures and protocols required for protecting confidential information

4. Schedule 4 - Indemnification Process: Detailed process for making and responding to indemnification claims

5. Appendix A - Notice Requirements: Contact details and procedures for serving notices under the agreement

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

alex.den.21@genieai.co
Relevant legal definitions

































Clauses






























Relevant Industries

Technology and Software

Manufacturing

Financial Services

Healthcare and Pharmaceuticals

Professional Services

Research and Development

Energy and Utilities

Telecommunications

Real Estate

Construction

Automotive

Biotechnology

Chemical Industry

Consulting Services

Relevant Teams

Legal

Compliance

Executive Leadership

Finance

Risk Management

Information Security

Business Development

Research & Development

Corporate Development

Procurement

Information Technology

Strategic Planning

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Chief Financial Officer

Business Development Director

Research Director

Project Manager

Compliance Officer

Risk Manager

Corporate Secretary

Chief Technology Officer

Chief Information Security Officer

Head of Procurement

Strategic Partnerships Manager

Mergers & Acquisitions Director

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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