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NDA Trade Secret for Philippines

NDA Trade Secret Template for Philippines

This document is a comprehensive Trade Secret Non-Disclosure Agreement (NDA) governed by Philippine law, specifically designed to protect proprietary and confidential information including trade secrets, technical know-how, and business processes. It incorporates provisions compliant with the Philippine Intellectual Property Code (Republic Act No. 8293) and related legislation, providing robust protection for confidential information while ensuring enforceability under Philippine jurisdiction. The agreement includes detailed obligations for handling confidential information, security measures, and remedies available under Philippine law, making it suitable for both domestic and international business relationships involving Philippine entities.

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What is a NDA Trade Secret?

This Trade Secret NDA template is essential for businesses and individuals operating in the Philippines who need to protect valuable proprietary information and trade secrets during business negotiations, partnerships, or employment relationships. The document is specifically structured to comply with Philippine legal requirements, including the Intellectual Property Code and relevant commercial laws. It should be used whenever parties need to share sensitive information such as manufacturing processes, formulas, technical specifications, customer lists, or business strategies. The agreement provides comprehensive protection through detailed confidentiality obligations, security protocols, and enforcement mechanisms, making it particularly valuable for high-stakes business relationships where protection of trade secrets is crucial. This template is designed to be adaptable for various business contexts while maintaining strong enforceability under Philippine law.

What sections should be included in a NDA Trade Secret?

1. Parties: Identification of the disclosing and receiving parties, including their legal names, addresses, and business registration details

2. Background: Context of the agreement, business relationship, and purpose of sharing confidential information

3. Definitions: Detailed definitions of Trade Secrets, Confidential Information, and other key terms used in the agreement

4. Scope of Confidential Information: Specific description of what constitutes trade secrets and confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions and standard of care

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Security Measures: Required procedures and safeguards for protecting confidential information

8. Term and Survival: Duration of the agreement and survival of obligations after termination

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

10. Remedies: Legal remedies available in case of breach, including injunctive relief

11. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

12. General Provisions: Standard boilerplate clauses including severability, amendments, and entire agreement

What sections are optional to include in a NDA Trade Secret?

1. Non-Competition: Restrictions on competitive activities, used when there's a specific need to protect market position

2. Non-Solicitation: Restrictions on soliciting employees or customers, included when business relationships need additional protection

3. Intellectual Property Rights: Specific provisions regarding IP ownership and rights, used when IP transfer or creation is anticipated

4. Data Privacy Compliance: Specific provisions ensuring compliance with the Data Privacy Act, used when personal data is involved

5. Export Control: Provisions regarding international transfer of information, used for cross-border arrangements

6. Audit Rights: Rights to audit compliance with security measures, used for high-sensitivity information

7. Insurance Requirements: Obligations to maintain specific insurance coverage, used for high-value trade secrets

8. Third Party Beneficiaries: Rights of affiliated companies or specific third parties, used in group company arrangements

What schedules should be included in a NDA Trade Secret?

1. Schedule A - Designated Trade Secrets: Detailed list and description of specific trade secrets covered by the agreement

2. Schedule B - Security Protocols: Detailed security procedures and requirements for handling confidential information

3. Schedule C - Authorized Representatives: List of individuals authorized to receive and handle confidential information

4. Schedule D - Authorized Purposes: Detailed description of permitted uses of the confidential information

5. Appendix 1 - Form of Acknowledgment: Template for employee/contractor acknowledgment of confidentiality obligations

6. Appendix 2 - Security Incident Response Plan: Procedures for handling and reporting security breaches

7. Appendix 3 - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

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

Jurisdiction

Philippines

Cost

Free to use

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