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This Three Way NDA is designed for situations where confidential information needs to be shared between three distinct parties under German law. It is commonly used in joint ventures, M&A transactions, collaborative projects, or complex business arrangements where multiple parties need access to proprietary information. The document ensures compliance with German legal requirements, including the German Trade Secrets Act (GeschGehG) and GDPR where applicable. It contains comprehensive provisions for protecting confidential information, defining permitted uses, and establishing clear obligations for all parties involved. This type of agreement is particularly important in scenarios where traditional bilateral NDAs would be insufficient due to the multi-party nature of the business relationship.

1. Parties: Identification and details of all three parties to the agreement

2. Background: Context of the relationship between the parties and purpose of the NDA

3. Definitions: Definitions of key terms, including 'Confidential Information', 'Permitted Purpose', and 'Representatives'

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

5. Obligations of Confidentiality: Core confidentiality obligations, including handling and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and by legal requirement

7. Term and Survival: Duration of the agreement and which obligations survive termination

8. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon request or termination

9. No Grant of Rights: Clarification that no intellectual property rights are transferred

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

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

12. Signatures: Execution blocks for all three parties