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Mutual NDA
"I need a Mutual NDA under Indonesian law for a potential joint venture between my tech startup and a manufacturing company, with specific provisions for protecting software source code and manufacturing processes, to be effective from March 2025."
1. Parties: Identification of the parties entering into the NDA, including their legal names, addresses, and company registration details as required under Indonesian law
2. Background: Brief context of why the parties are entering into the NDA and their intended business relationship
3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions
4. Confidentiality Obligations: Core obligations regarding non-disclosure, protection of confidential information, and permitted uses
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and as required by law
6. Security Measures: Specific measures required to protect confidential information, aligned with Indonesian Trade Secrets Law
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Duration and Termination: Term of the agreement and survival of obligations
9. Breach and Remedies: Consequences of breach and available remedies under Indonesian law
10. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement
1. Electronic Information Protection: Additional provisions when confidential information is primarily shared electronically, incorporating requirements under Law No. 11 of 2008
2. Intellectual Property Rights: Specific provisions clarifying IP ownership and rights when IP-sensitive information is involved
3. Non-Solicitation: Optional restrictions on soliciting employees or customers, if relevant to the business relationship
4. Data Privacy Compliance: Specific provisions for handling personal data when applicable
5. Export Control: Provisions for international information transfer if parties are dealing across borders
1. Schedule 1 - Specified Confidential Information: Detailed description or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of authorized representatives from each party who may access confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols agreed upon by the parties for protecting confidential information
Authors
Technology
Manufacturing
Professional Services
Healthcare
Financial Services
Real Estate
Energy
Telecommunications
E-commerce
Consumer Goods
Education
Research and Development
Pharmaceuticals
Construction
Media and Entertainment
Legal
Business Development
Executive Leadership
Research and Development
Human Resources
Finance
Operations
Information Technology
Procurement
Corporate Strategy
Compliance
Innovation
Partnerships
Product Development
International Business
Chief Executive Officer
Business Development Manager
Legal Counsel
Chief Technology Officer
Project Manager
Research Director
Human Resources Director
Chief Financial Officer
Operations Manager
Procurement Manager
Investment Director
Partnership Manager
Compliance Officer
Innovation Director
Strategic Planning Manager
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