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This Non-Disclosure Agreement Trade Secret template is designed for use in Saudi Arabia where parties need to protect sensitive business information and trade secrets during commercial relationships. It is particularly relevant in context of Saudi Arabia's increasing focus on knowledge economy and intellectual property protection, as outlined in Vision 2030. The document incorporates requirements from the Saudi Commercial Secrets Protection Regulation and related commercial laws, while addressing modern business needs including digital information protection. It's suitable for various commercial relationships including joint ventures, service agreements, and potential business partnerships where proprietary information needs to be shared. The agreement includes comprehensive provisions for protecting both traditional trade secrets and modern digital intellectual property, making it relevant for both domestic Saudi operations and international business relationships involving Saudi entities.

1. Parties: Identification of the disclosing and receiving parties, including full legal names, addresses, and registration details as required under Saudi law

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

3. Definitions: Key terms including 'Confidential Information', 'Trade Secrets', 'Permitted Purpose', 'Authorized Representatives', aligned with Saudi Commercial Secrets Protection Regulation definitions

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

5. Obligations of Confidentiality: Core confidentiality obligations, including storage, handling, and protection requirements

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

7. Security Measures: Specific security measures required to protect the confidential information

8. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon request or termination

9. Duration and Survival: Term of the agreement and survival of obligations post-termination

10. Breach and Remedies: Consequences of breach and available remedies under Saudi law

11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction of Saudi courts