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Exclusivity And Confidentiality Agreement for New Zealand

Exclusivity And Confidentiality Agreement Template for New Zealand

A comprehensive legal document governed by New Zealand law that combines both confidentiality and exclusivity provisions, designed to protect sensitive information while establishing exclusive business relationships between parties. The agreement details obligations regarding the handling of confidential information, establishes exclusive dealing arrangements, and provides remedies for breach. It incorporates New Zealand-specific legal requirements, including compliance with the Privacy Act 2020 and Contract and Commercial Law Act 2017, while ensuring enforceability under New Zealand jurisdiction.

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Exclusivity And Confidentiality Agreement

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What is a Exclusivity And Confidentiality Agreement?

The Exclusivity and Confidentiality Agreement is essential in New Zealand business contexts where parties need to both protect sensitive information and establish exclusive business relationships. This document is particularly valuable during business negotiations, joint ventures, distribution arrangements, or when exploring potential partnerships where parties need to share confidential information while ensuring exclusive dealing arrangements. The agreement must comply with New Zealand legal requirements, including the Contract and Commercial Law Act 2017, Privacy Act 2020, and Commerce Act 1986. It's commonly used in situations involving product development, business expansion, strategic partnerships, or when entering new markets where both confidentiality and exclusivity are crucial for protecting business interests.

What sections should be included in a Exclusivity And Confidentiality Agreement?

1. Parties: Identifies and defines all parties to the agreement

2. Background: Sets out the context and purpose of the agreement, including the nature of the confidential information and exclusive relationship

3. Definitions: Defines key terms including 'Confidential Information', 'Exclusive Period', 'Permitted Purpose', and other relevant terms

4. Confidentiality Obligations: Details the core obligations regarding confidential information, including use, disclosure, and protection requirements

5. Exclusivity Provisions: Specifies the nature and scope of exclusivity, including duration and territorial limits

6. Security Measures: Outlines required security measures for protecting confidential information

7. Term and Termination: Specifies the duration of the agreement and circumstances for termination

8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination

9. Breach and Remedies: Consequences of breach and available remedies

10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Exclusivity And Confidentiality Agreement?

1. Permitted Disclosures: Specific circumstances where disclosure is allowed, used when there are pre-agreed exceptions

2. Non-Solicitation: Prevents poaching of employees/clients, included when there's specific risk of talent/client poaching

3. Intellectual Property Rights: Addresses IP ownership and licenses, needed when confidential information includes IP

4. Insurance Requirements: Specifies required insurance coverage, included for high-value or high-risk arrangements

5. Audit Rights: Rights to audit compliance, included for complex or high-risk relationships

6. Data Protection: Specific provisions for personal data handling, required when personal data is involved

7. Competition Law Compliance: Specific provisions ensuring compliance with competition laws, needed for market-sensitive arrangements

What schedules should be included in a Exclusivity And Confidentiality Agreement?

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive/handle confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and procedures

4. Schedule 4 - Excluded Information: Information specifically excluded from confidentiality obligations

5. Schedule 5 - Exclusive Territory/Scope: Detailed description of geographical areas or scope of exclusivity

6. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings by representatives/employees

Authors

Alex Denne

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

Jurisdiction

New Zealand

Cost

Free to use
Relevant legal definitions



























Clauses



























Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Research & Development

Retail

Telecommunications

Biotechnology

Energy

Media & Entertainment

Consumer Goods

Pharmaceuticals

Software Development

E-commerce

Relevant Teams

Legal

Business Development

Executive Leadership

Procurement

Research and Development

Commercial

Operations

Intellectual Property

Compliance

Strategy

Information Technology

Innovation

Corporate Development

Risk Management

Partnerships

Relevant Roles

Chief Executive Officer

Legal Counsel

Business Development Manager

Chief Financial Officer

Commercial Director

Procurement Manager

Research and Development Director

Head of Innovation

Partnership Manager

Operations Director

Contract Manager

Intellectual Property Manager

Chief Technology Officer

Strategy Director

Compliance Officer

Industries







Teams

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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