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NDA Trade Secret

NDA Trade Secret Template for Austria

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Key Requirements PROMPT example:

NDA Trade Secret

"I need an NDA Trade Secret agreement under Austrian law for sharing manufacturing process secrets with our new supplier and their technical consultants, with particularly strong security measures for protecting technical drawings and process documentation that will be shared starting March 2025."

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Document background
This Trade Secret NDA template is designed for use in situations where parties need to share highly sensitive trade secrets or proprietary information under Austrian jurisdiction. The document is particularly relevant when companies need to protect valuable intellectual property, manufacturing processes, technical specifications, or business methods that qualify as trade secrets under Austrian law. It incorporates specific requirements from the Austrian Trade Secrets Act (UWG-Novelle 2018) and aligns with EU Trade Secrets Directive 2016/943. The NDA Trade Secret template includes robust security measures, clear handling protocols, and specific enforcement mechanisms tailored to Austrian legal requirements. It is especially suitable for technology transfers, joint ventures, potential business partnerships, or any situation where trade secrets need to be shared while maintaining strict confidentiality.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses

2. Background: Context of the relationship and purpose of sharing trade secrets

3. Definitions: Key terms including 'Confidential Information', 'Trade Secrets', 'Permitted Purpose', and 'Authorized Recipients'

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

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection requirements

6. Permitted Disclosures: Circumstances under which confidential information may be shared with authorized recipients

7. Security Measures: Specific security measures required to protect trade secrets, as required by Austrian Trade Secrets Act

8. Term and Survival: Duration of the agreement and obligations that survive termination

9. Return or Destruction: Requirements for handling confidential information upon termination or request

10. Remedies: Legal remedies available in case of breach, including injunctive relief

11. Governing Law and Jurisdiction: Specification of Austrian law and jurisdiction for dispute resolution

12. Execution: Signature blocks and execution formalities

Optional Sections

1. Employee and Contractor Obligations: Additional provisions when the receiving party needs to share information with employees or contractors

2. Data Protection Compliance: Specific section addressing GDPR compliance when confidential information includes personal data

3. Export Control: Required when trade secrets may be subject to export control regulations

4. Prior Agreements: Section addressing relationship with any existing NDAs when parties have prior agreements

5. Competitive Restrictions: Optional restrictions on competitive activities, subject to Austrian competition law

6. Audit Rights: Optional rights to audit compliance with security measures

7. Insurance Requirements: Optional requirements for insurance coverage against data breaches or losses

Suggested Schedules

1. Schedule 1 - Description of Trade Secrets: Detailed listing and description of specific trade secrets covered

2. Schedule 2 - Security Protocols: Specific technical and organizational measures required for protecting the trade secrets

3. Schedule 3 - Authorized Recipients: List of individuals or roles authorized to access the trade secrets

4. Appendix A - Notice Requirements: Contact details and procedures for required 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




































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Relevant Industries

Technology

Manufacturing

Pharmaceutical

Biotechnology

Chemical

Automotive

Aerospace

Software Development

Research & Development

Industrial Design

Financial Services

Professional Services

Electronics

Telecommunications

Relevant Teams

Legal

Research and Development

Product Development

Information Security

Compliance

Executive Leadership

Intellectual Property

Business Development

Engineering

Innovation

Corporate Strategy

Technology

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Legal Counsel

Intellectual Property Manager

Research Director

Product Development Manager

Business Development Director

Innovation Manager

Technical Project Manager

Compliance Officer

Contract Manager

Senior Engineer

R&D Manager

General Counsel

Chief 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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