This Non-Disclosure Agreement For Technology Company is essential when technology companies in India need to protect sensitive technical, proprietary, and confidential information during business relationships, partnerships, or employment arrangements. The agreement is structured to comply with Indian legal requirements, including the Indian Contract Act, 1872, and the Information Technology Act, 2000, while addressing specific technology sector needs such as source code protection, technical specifications, and digital asset security. It is particularly relevant when sharing technical documentation, software code, algorithms, system architectures, or other proprietary technology information. The document includes comprehensive provisions for both digital and physical information protection, making it suitable for modern technology operations while ensuring enforceability under Indian law.
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1. Parties: Identification of the disclosing and receiving parties, including registered addresses and company details
2. Background: Context of the relationship and purpose of sharing confidential information
3. Definitions: Detailed definitions including 'Confidential Information', 'Trade Secrets', 'Technical Data', 'Intellectual Property Rights', and other key terms
4. Scope of Confidential Information: Comprehensive description of what constitutes confidential information, particularly focusing on technical specifications, source code, algorithms, and trade secrets
5. Obligations of Receiving Party: Detailed responsibilities regarding protection, non-disclosure, and restricted use of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be shared with employees, advisors, or as required by law
7. Security Measures: Required technical and organizational security measures for protecting confidential information
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
9. Term and Survival: Duration of the agreement and obligations that survive termination
10. Breach and Remedies: Consequences of breach and available legal remedies including injunctive relief
11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
1. Reverse Engineering Prohibition: Specific prohibition on reverse engineering software or technical products, relevant when sharing technical products or prototypes
2. Data Protection Compliance: Specific obligations regarding personal data protection, necessary when confidential information includes personal data
3. Source Code Protection: Special provisions for protecting source code, relevant for software companies
4. Third Party Information: Provisions dealing with confidential information owned by third parties, useful when handling client data or licensed technology
5. Export Control: Compliance with export control laws, necessary for international technology transfers
6. Residual Knowledge: Provisions regarding use of residual knowledge acquired during the relationship, important for consulting relationships
7. Non-Solicitation: Prohibition on soliciting employees or customers, relevant for business relationships with competitive potential
1. Schedule 1 - Specified Confidential Information: Detailed list of specific types of confidential information covered
2. Schedule 2 - Authorized Representatives: List of authorized personnel who may access confidential information
3. Schedule 3 - Security Protocols: Detailed technical and organizational security measures required
4. Schedule 4 - Data Handling Procedures: Specific procedures for handling, storing, and transmitting confidential information
5. Appendix A - Form of Acknowledgment: Template for acknowledgment to be signed by employees or contractors accessing confidential information
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Software Development
Artificial Intelligence and Machine Learning
Cloud Computing
Cybersecurity
Telecommunications
FinTech
Healthcare Technology
E-commerce
Internet of Things (IoT)
Digital Media
Semiconductor and Electronics
Enterprise Software
Mobile Applications
Data Analytics
Relevant Teams
Legal
Information Technology
Information Security
Human Resources
Research and Development
Product Development
Software Development
Operations
Procurement
Business Development
Technical Support
Quality Assurance
Data Science
Cloud Infrastructure
System Architecture
Relevant Roles
Chief Technology Officer
Chief Information Officer
IT Director
Software Development Manager
Project Manager
Technical Lead
Information Security Officer
Legal Counsel
HR Director
Procurement Manager
Research and Development Director
System Architect
Product Manager
Business Development Manager
Technology Consultant
Operations Manager
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