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Secret Agreement Template for Belgium

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Key Requirements PROMPT example:

Secret Agreement

"I need a Secret Agreement under Belgian law for sharing proprietary AI technology with a potential investor, including special provisions for source code protection and remote access protocols, to be effective from March 1, 2025."

Document background
The Secret Agreement is a crucial legal instrument used in Belgian business transactions where parties need to protect confidential information during business negotiations, collaborations, or other commercial relationships. This document type is particularly important given Belgium's position as a hub for international business and EU institutions, requiring compliance with both Belgian national law and EU regulations. The agreement typically covers detailed provisions for protecting trade secrets, proprietary information, and sensitive business data, while ensuring compliance with Belgian civil law principles and the EU Trade Secrets Directive. It's commonly used during due diligence processes, joint ventures, research collaborations, or when sharing sensitive business information with potential partners or service providers.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including their legal details and registered addresses

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

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Authorized Recipients', and 'Permitted Purpose'

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

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

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

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Information: Procedures for handling confidential information upon termination or request

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

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

11. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Competition: Restrictions on competitive activities, if relevant to the confidentiality arrangement

2. Data Protection Compliance: Specific provisions for GDPR compliance when personal data is involved

3. Intellectual Property Rights: Provisions regarding IP rights in relation to the confidential information

4. Assignment and Succession: Rules about transferability of rights and obligations

5. Insurance Requirements: Obligations to maintain specific insurance coverage for potential breaches

6. Audit Rights: Rights to audit compliance with confidentiality obligations

7. Force Majeure: Provisions for handling unexpected events affecting confidentiality obligations

Suggested Schedules

1. Schedule 1 - Detailed Description of Confidential Information: Comprehensive list and description of all confidential information covered

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

3. Schedule 3 - Security Protocols: Detailed security procedures and requirements for handling confidential information

4. Schedule 4 - Destruction Certificates: Template certificates for confirming destruction of confidential information

5. Appendix A - Contact Details: Contact information for key personnel responsible for managing confidential information

6. Appendix B - Notification Templates: Standard forms for various required notifications 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

Relevant legal definitions






























Clauses






























Relevant Industries

Technology

Pharmaceutical

Biotechnology

Financial Services

Manufacturing

Research & Development

Professional Services

Healthcare

Energy

Telecommunications

Defense

Automotive

Chemical Industry

Consumer Goods

Entertainment & Media

Relevant Teams

Legal

Compliance

Research and Development

Information Security

Executive Leadership

Business Development

Risk Management

Corporate Affairs

Information Technology

Innovation

Intellectual Property

Operations

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Compliance Officer

Research Director

Chief Technology Officer

Business Development Manager

Project Manager

Innovation Manager

Chief Financial Officer

Information Security Officer

Head of Research

Corporate Secretary

Risk Manager

Intellectual Property Manager

Chief Information 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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