This NDA Agreement Form is essential for businesses and individuals operating under Austrian jurisdiction who need to protect confidential information during business discussions, negotiations, or ongoing business relationships. The document is specifically designed to comply with Austrian civil law principles and EU regulations, including the Austrian Trade Secrets Act and GDPR where applicable. It should be used whenever parties need to exchange sensitive information such as trade secrets, technical know-how, business plans, or customer data. The agreement provides comprehensive protection while remaining flexible enough to accommodate various business contexts, from simple bilateral relationships to complex multi-party arrangements. This template is particularly valuable for international business relationships where at least one party is subject to Austrian jurisdiction.
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1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement and the purpose for sharing confidential information
3. Definitions: Clear definitions of 'Confidential Information', 'Permitted Purpose', 'Representatives' and other key terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the protection, use, and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed to authorized representatives or as required by law
7. Security Measures: Required measures for protecting and securing confidential information
8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
9. Term and Termination: Duration of the agreement and termination provisions
10. Breach and Remedies: Consequences of breach and available legal remedies including injunctive relief
11. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
1. Data Protection Compliance: Specific provisions for GDPR compliance when personal data is involved
2. Non-Solicitation: Restrictions on soliciting employees or customers, used when parties are competitors
3. Intellectual Property Rights: Clarification of IP ownership and rights when confidential information includes IP
4. Export Control: Provisions for compliance with export control laws when applicable to the shared information
5. Residual Knowledge: Provisions addressing the use of residual knowledge, often included in technology-related NDAs
6. Competition Law Compliance: Special provisions when parties are competitors to ensure compliance with competition laws
7. Group Company Rights: Provisions extending rights to affiliated companies when corporate groups are involved
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of representatives authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information
4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific permitted purposes for using confidential information
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