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Non Disclosure Agreement Parties
"I need a Non Disclosure Agreement Parties document under Austrian law for a technology startup sharing sensitive AI algorithms with a potential investor, with extra protection for our intellectual property and specific provisions for source code confidentiality."
1. Parties: Identification of all contracting parties, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement and the relationship between the parties
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'
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 representatives and when required by law
6. Security Measures: Required measures for protecting and securing confidential information
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Duration and Survival: Term of the agreement and provisions that survive termination
9. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief
10. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
11. Execution: Signature blocks and execution provisions
1. Data Protection: Specific provisions for handling personal data under GDPR and Austrian DSG, required when confidential information includes personal data
2. Employee and Contractor Obligations: Additional provisions for ensuring compliance by employees and contractors, useful when parties will share information with their staff
3. Intellectual Property Rights: Provisions clarifying ownership and rights in confidential information, important when sharing technical or proprietary information
4. Non-Solicitation: Restrictions on soliciting employees or customers, relevant in business relationship contexts
5. Competitive Activities: Restrictions on using information for competitive purposes, important in industry-specific contexts
6. Assignment and Succession: Rules for transferring rights and obligations, important for corporate parties
7. Prior Agreements: Relationship to existing confidentiality obligations, needed when parties have previous agreements
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of information considered confidential
2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information
4. Appendix A - Form of Representative Undertaking: Template confidentiality undertaking for representatives to sign
5. Appendix B - Data Processing Terms: Detailed data processing terms if required under GDPR
Authors
Technology
Manufacturing
Financial Services
Healthcare
Biotechnology
Professional Services
Research & Development
Education
Telecommunications
Energy
Real Estate
Construction
Software Development
Consulting
Retail
Legal
Business Development
Research & Development
Executive Leadership
Human Resources
Procurement
Sales
Information Technology
Finance
Operations
Compliance
Product Development
Corporate Strategy
Mergers & Acquisitions
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Business Development Manager
Project Manager
Research Director
Chief Technology Officer
Human Resources Director
Procurement Manager
Sales Director
Innovation Manager
Chief Financial Officer
Operations Manager
Contract Manager
Compliance Officer
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