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Non Disclosure Agreement For App Idea
"I need a Non Disclosure Agreement For App Idea to protect my fintech application concept when sharing it with potential investors in Jakarta, with specific provisions for protecting both the technical architecture and business model, and I want it to be valid until March 2025."
1. Parties: Identification of the disclosing party (app idea owner) and receiving party, including full legal names, addresses, and company details if applicable
2. Background: Context of the agreement, stating the purpose of sharing confidential information related to the app idea
3. Definitions: Key terms including 'Confidential Information', 'App Idea', 'Intellectual Property Rights', 'Trade Secrets', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information, specifically relating to the app idea, including technical specifications, business models, and development plans
5. Obligations of Receiving Party: Core confidentiality obligations, including non-use, non-disclosure, and security measures to protect the information
6. Permitted Disclosures: Circumstances under which confidential information may be shared (e.g., with employees, professional advisors) and required safeguards
7. Term and Termination: Duration of the agreement and confidentiality obligations, including post-termination obligations
8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon agreement termination
9. Intellectual Property Rights: Confirmation that all IP rights remain with the disclosing party
10. Breach and Remedies: Consequences of breach and available legal remedies including injunctive relief
11. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes
1. Third Party Disclosure: Include when there's likelihood of necessary third-party involvement (e.g., developers, investors)
2. International Transfer of Information: Include when parties are from different countries or information may be transferred internationally
3. Non-Solicitation: Include to prevent receiving party from hiring key personnel involved in the app development
4. Competitive Restrictions: Include to prevent receiving party from developing similar apps, subject to Indonesian competition law
5. Data Protection Compliance: Include when personal data processing is involved in the app idea
6. Assignment and Succession: Include when either party might undergo corporate restructuring or sale
7. Multiple Party Provisions: Include when more than two parties are involved in the NDA
1. Schedule 1: App Concept Details: Detailed description of the app idea, including core features, functionality, and unique selling points
2. Schedule 2: Technical Specifications: Technical details including proposed architecture, technologies, and development requirements
3. Schedule 3: Authorized Representatives: List of individuals authorized to receive and handle the confidential information
4. Schedule 4: Security Protocols: Specific security measures required for protecting the confidential information
5. Appendix A: Acknowledgment Form: Form to be signed by individual employees or representatives who will have access to the confidential information
Authors
Technology
Software Development
Mobile Applications
Digital Services
E-commerce
Financial Technology
Information Technology
Startup & Innovation
Digital Entertainment
Telecommunications
Legal
Software Development
Product Development
Innovation
Business Development
Design
Information Technology
Research & Development
Corporate Strategy
Intellectual Property
Chief Technology Officer
App Developer
Software Engineer
Product Manager
Business Development Manager
Startup Founder
Innovation Director
Technical Project Manager
Investment Analyst
Legal Counsel
Digital Product Designer
UI/UX Designer
Technology Consultant
Intellectual Property Specialist
Mobile Development Lead
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