The NDA Extension Agreement is utilized when parties who have an existing confidentiality agreement need to extend its duration beyond the original termination date. This document type is particularly relevant in ongoing business relationships where continued protection of confidential information is essential. The agreement, governed by Canadian law, serves to seamlessly extend the confidentiality period without the need to negotiate and execute an entirely new NDA. It can be customized to include amendments to the original terms while maintaining the core confidentiality obligations. The document is commonly used in situations such as extended business partnerships, ongoing research collaborations, or long-term strategic alliances where the initial confidentiality period proves insufficient.
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1. Parties: Identification of all parties to the agreement, including their legal names, addresses, and company registration details
2. Background: References the original NDA, its effective date, and explains the reason for extension
3. Definitions: Key terms used in the extension agreement, including reference to definitions from the original NDA
4. Extension of Term: Clearly states the new duration of the confidentiality obligations
5. Confirmation of Original Terms: Affirms that all other terms and conditions of the original NDA remain in full force and effect
6. Governing Law: Confirms the jurisdiction and governing law (Canada)
7. Execution: Signature blocks for all parties and date of execution
1. Modified Terms: Include when any terms from the original NDA need to be amended along with the extension
2. Additional Parties: Include when new parties need to be added to the original NDA
3. Additional Confidential Information: Include when new categories of confidential information need to be added
4. Consideration: Include when there is specific consideration for the extension
5. Representations and Warranties: Include when parties need to make new representations regarding the extended period
1. Schedule A - Original NDA: Copy of the original Non-Disclosure Agreement being extended
2. Schedule B - Modified Terms: Detailed list of any terms being modified from the original NDA
3. Schedule C - Additional Confidential Information: List of any new categories of confidential information being added
4. Schedule D - Additional Parties: Details of any new parties being added to the agreement
Relevant legal definitions
Clauses
Relevant Industries
Technology
Healthcare
Manufacturing
Financial Services
Professional Services
Research & Development
Biotechnology
Energy
Telecommunications
Consumer Goods
Aerospace & Defense
Education
Media & Entertainment
Relevant Teams
Legal
Executive Leadership
Business Development
Research & Development
Human Resources
Procurement
Finance
Information Technology
Intellectual Property
Compliance
Operations
Corporate Strategy
Innovation
Relevant Roles
Legal Counsel
Chief Executive Officer
Chief Technology Officer
Business Development Manager
Research Director
Project Manager
Procurement Manager
Human Resources Director
Chief Financial Officer
Intellectual Property Manager
Contract Administrator
Chief Operating Officer
Partnership Manager
Innovation Director
Compliance Officer
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