The Confidential Information Agreement is essential when parties need to share sensitive business, technical, or proprietary information while ensuring its protection under Singapore law. This document is commonly used in business negotiations, joint ventures, employment relationships, and commercial transactions where confidential information needs to be disclosed. It provides legal recourse under Singapore jurisdiction if confidentiality is breached and helps comply with data protection requirements under the PDPA.
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Key Requirements PROMPT example:
Confidential Information Agreement
"I need a Confidential Information Agreement governed by Singapore law to protect proprietary software code that we'll be sharing with an external development contractor starting March 2025, with specific provisions for source code protection and remote access security."
1. Parties: Identifies and defines the parties to the agreement
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Confidential Information: Defines what constitutes confidential information and its scope
5. Obligations of Confidentiality: Details the duties to maintain confidentiality and protect information
6. Permitted Use: Specifies allowed uses of confidential information
7. Term and Termination: Duration of agreement and termination provisions
8. Return of Information: Requirements for returning or destroying confidential information
9. Governing Law: Specifies Singapore law as governing law and jurisdiction
1. Securities Trading: Insider trading provisions for listed companies' confidential information
2. Employee Obligations: Specific obligations for employees handling confidential information
3. Data Protection: PDPA compliance provisions for personal data protection
4. Cross-border Transfers: Provisions governing international transfers of confidential information
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of personnel authorized to receive confidential information
3. Schedule 3 - Security Protocols: Specific security measures required for information protection
4. Schedule 4 - Permitted Purpose: Detailed description of permitted use cases for confidential information
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