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Non Disclosure Settlement Agreement Template for Netherlands

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Key Requirements PROMPT example:

Non Disclosure Settlement Agreement

"I need a Non-Disclosure Settlement Agreement under Dutch law to resolve an IP dispute with a former software developer contractor, including a settlement payment of €50,000 and strict confidentiality provisions about our proprietary code, to be effective from March 1, 2025."

Document background
The Non-Disclosure Settlement Agreement is a specialized legal instrument used under Dutch law when parties need to resolve a dispute while ensuring strict confidentiality of sensitive information exchanged during the dispute or settlement process. This document type is particularly relevant in situations involving employment terminations, business relationship dissolutions, intellectual property disputes, or commercial conflicts where protecting confidential information is crucial. The agreement combines elements of a traditional settlement agreement (vaststellingsovereenkomst) with comprehensive non-disclosure provisions, ensuring compliance with both Dutch settlement law and confidentiality requirements. It's commonly used in corporate environments, professional services, and situations where protecting business secrets or sensitive information is paramount while resolving underlying disputes.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement, including their legal status and registered addresses

2. Background: Context of the dispute or circumstances leading to the settlement, without admitting liability

3. Definitions: Definitions of key terms including 'Confidential Information', 'Settlement', 'Effective Date', and other relevant terms

4. Settlement Terms: Details of the settlement including payments, actions to be taken, and mutual releases

5. Confidentiality Obligations: Scope of confidentiality, what information is covered, and duration of obligations

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed (e.g., legal requirements, professional advisors)

7. Return or Destruction of Information: Requirements for handling confidential information after settlement

8. Non-Disparagement: Mutual obligations not to make negative statements about other parties

9. Warranties and Representations: Statements of fact and promises made by each party

10. Breach and Remedies: Consequences of breaching the agreement and available remedies

11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Employment Provisions: Used when settlement relates to employment relationship, including references and future employment

2. Intellectual Property Rights: Used when settlement involves IP rights or when confidential information includes IP

3. Tax Indemnity: Used when settlement payments have tax implications requiring specific arrangements

4. Press Announcements: Used for high-profile cases requiring coordinated public communications

5. Non-Competition: Used when additional business protection beyond confidentiality is required

6. Third Party Rights: Used when settlement affects rights of parties not directly involved in the agreement

7. Insurance and Indemnification: Used when specific insurance requirements or indemnification terms are needed

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed list or categories of information covered by confidentiality obligations

2. Schedule 2 - Settlement Payment Terms: Detailed payment schedule, amounts, and payment methods

3. Schedule 3 - Form of Release: Template of mutual release documents to be executed

4. Schedule 4 - Required Actions: Detailed list of specific actions parties must take to implement settlement

5. Appendix A - Related Agreements: List of other agreements affected by or relevant to the settlement

6. Appendix B - Acknowledgment Forms: Forms for key employees or third parties to acknowledge confidentiality obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Technology

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Relevant Roles

Chief Executive Officer

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Industries







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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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