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Corporate NDA Template for Austria

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Key Requirements PROMPT example:

Corporate NDA

"I need a Corporate NDA under Austrian law for a potential joint venture between our manufacturing company and a technology supplier, with specific provisions for protecting technical drawings and manufacturing processes, to be effective from March 2025."

Document background
This Corporate NDA is designed for use when companies need to share sensitive business information while ensuring legal protection under Austrian law. The agreement is particularly suitable for corporate transactions, business partnerships, or collaborative ventures where confidential information needs to be exchanged between organizations. It incorporates provisions compliant with the Austrian Trade Secrets Act (GeschGeG), GDPR requirements, and Austrian corporate law principles. The Corporate NDA covers various types of confidential information including trade secrets, technical know-how, business strategies, customer data, and proprietary information. It is structured to accommodate both bilateral and multilateral corporate relationships, making it suitable for use across different types of business arrangements while maintaining enforceability under Austrian jurisdiction.
Suggested Sections

1. Parties: Identification of the contracting parties, including company registration details as required under Austrian law

2. Background: Context of the agreement and the business relationship between the parties

3. Definitions: Definitions of key terms, including 'Confidential Information', 'Representatives', 'Permitted Purpose', and 'Affiliated Companies'

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

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

6. Security Measures: Required measures for protecting confidential information, aligned with Austrian Trade Secrets Act requirements

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

8. Term and Termination: Duration of the agreement and termination provisions

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

10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Data Protection: Specific GDPR compliance provisions, required when confidential information includes personal data

2. Intellectual Property Rights: Clarification of IP ownership and rights, needed when confidential information includes IP

3. Non-Solicitation: Restrictions on soliciting employees or customers, included when parties want additional business protection

4. Competing Activities: Restrictions on competitive activities, included when relevant to the business relationship

5. Third Party Rights: Rights of affiliated companies or other third parties to enforce the agreement

6. Insurance Requirements: Obligations to maintain specific insurance coverage, included for high-risk relationships

7. Export Control: Compliance with export control laws, needed when information may be subject to export restrictions

Suggested Schedules

1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for which confidential information may be used

2. Schedule 2 - Security Protocols: Specific security measures and protocols required for protecting confidential information

3. Schedule 3 - Authorized Representatives: List of authorized representatives who may access confidential information

4. Appendix A - Categories of Confidential Information: Detailed categorization of the types of confidential information covered

5. Appendix B - Affiliated Companies: List of affiliated companies covered by 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

Relevant legal definitions











































Clauses






























Relevant Industries

Technology

Manufacturing

Financial Services

Professional Services

Healthcare

Pharmaceuticals

Industrial

Automotive

Energy

Telecommunications

Real Estate

Construction

Consumer Goods

Media and Entertainment

Biotechnology

Software Development

Consulting

Research and Development

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Research and Development

Human Resources

Finance

Information Technology

Operations

Procurement

Corporate Affairs

Risk Management

Strategic Planning

Innovation

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Corporate Secretary

Business Development Manager

Chief Financial Officer

Project Manager

Research Director

Chief Technology Officer

Head of Innovation

Commercial Director

Procurement Manager

Human Resources Director

Chief Operating Officer

Compliance Officer

Risk Manager

Strategic Partnership Manager

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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