This NDA For Business Partnership template is specifically designed for use in New Zealand business contexts where two or more parties are exploring or entering into a business partnership arrangement. The document is essential when parties need to share sensitive information such as business plans, financial data, client lists, or proprietary technology during partnership negotiations or ongoing partnership operations. It ensures compliance with New Zealand's legal framework, including the Contract and Commercial Law Act 2017, Partnership Law Act 2019, and Privacy Act 2020. The agreement is particularly valuable in protecting intellectual property, trade secrets, and confidential business information while facilitating open communication between potential or existing business partners.
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1. Parties: Identifies and provides full details of all parties entering into the NDA, including registered addresses and company numbers if applicable
2. Background: Explains the context of the partnership relationship and why the NDA is needed
3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Scope of Confidential Information: Clearly outlines what information is considered confidential under the agreement
5. Confidentiality Obligations: Details the core obligations to maintain confidentiality and not disclose protected information
6. Permitted Uses and Disclosures: Specifies how confidential information can be used and under what circumstances it can be disclosed
7. Security Measures: Outlines required 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 Termination: Duration of the agreement and conditions for termination
10. Breach and Remedies: Consequences of breaching the agreement and available remedies
11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Intellectual Property Rights: Additional provisions specifically protecting IP rights when the confidential information includes intellectual property
2. Data Protection Compliance: Specific provisions for compliance with privacy laws when personal data is involved
3. Non-Competition: Restrictions on competitive activities, if relevant to the partnership arrangement
4. Non-Solicitation: Prevents parties from soliciting each other's employees or clients
5. Publicity and Announcements: Controls over public statements about the partnership or agreement
6. Insurance Requirements: Specific insurance obligations for protecting against data breaches or confidentiality breaches
7. Dispute Resolution: Alternative dispute resolution procedures before court proceedings
1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential 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 protocols required for handling confidential information
4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used
5. Appendix A - Information Handling Procedures: Step-by-step procedures for handling, storing, and destroying confidential information
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