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Bilateral Non Disclosure Agreement
"I need a Bilateral Non Disclosure Agreement under Irish law for a potential joint venture between my tech startup and a manufacturing company, with special emphasis on protecting our software IP and their production processes, to be effective from March 2025."
1. Parties: Identifies and defines the two parties entering into the NDA, including full legal names and registered addresses
2. Background: Explains the context and purpose of the agreement, including the nature of the business relationship
3. Definitions: Defines key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant terms
4. Scope of Confidential Information: Clearly outlines what constitutes confidential information under the agreement
5. Obligations of Confidentiality: Details the core obligations to maintain confidentiality and permitted uses of the information
6. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed and to whom
7. Protection Measures: Outlines the security measures required to protect confidential information
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
9. Duration and Termination: Specifies the term of the agreement and surviving obligations
10. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement provisions
1. Intellectual Property Rights: Section clarifying that the agreement doesn't transfer any IP rights - include when confidential information includes IP
2. Data Protection Compliance: Additional provisions for GDPR compliance - include when confidential information includes personal data
3. Non-Solicitation: Prevents parties from soliciting each other's employees - include for business relationships involving significant employee contact
4. Non-Competition: Restricts competitive activities - include when sharing highly sensitive business information
5. Remedies and Indemnification: Enhanced provisions for breach consequences - include for high-value or high-risk information exchanges
6. Insurance Requirements: Specifies required insurance coverage - include for high-value information or regulated industries
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures required for handling the information
4. Appendix A - Form of Confidentiality Undertaking: Template undertaking for representatives or third parties who need access to the information
Authors
Technology
Financial Services
Healthcare
Manufacturing
Professional Services
Research & Development
Education
Biotechnology
Pharmaceuticals
Engineering
Construction
Energy
Retail
Media & Entertainment
Telecommunications
Consulting
Real Estate
Legal Services
Legal
Business Development
Executive Leadership
Research and Development
Human Resources
Finance
Operations
Procurement
Information Technology
Innovation
Commercial
Mergers and Acquisitions
Strategy
Product Development
Partnership Management
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Counsel
Business Development Manager
Chief Technology Officer
Research Director
Project Manager
Human Resources Director
Chief Financial Officer
Operations Manager
Procurement Manager
Innovation Manager
Partnership Manager
Commercial Director
Investment Manager
Managing Director
Chief Information Officer
Chief Operations Officer
Contract Manager
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