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Conflict Of Interest And Confidentiality Agreement
"Need a Conflict Of Interest And Confidentiality Agreement for our Singapore tech startup, specifically tailored for senior developers who will be working on our AI project while potentially maintaining consulting roles elsewhere."
1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement, including 'Confidential Information' and 'Conflict of Interest'
4. Confidentiality Obligations: Core confidentiality provisions, including scope, duration, and handling of confidential information
5. Conflict of Interest Provisions: Definition of conflicts, disclosure requirements, and prohibited activities
6. Term and Termination: Duration of the agreement and circumstances for termination
7. Return of Confidential Information: Obligations regarding return or destruction of confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Non-Competition: Restrictions on competitive activities (when the agreement is with employees or contractors who might compete)
2. Intellectual Property Rights: Provisions regarding IP ownership and rights (when confidential information includes IP or trade secrets)
3. Data Protection: PDPA compliance provisions for handling personal data
4. Industry-Specific Compliance: Specific regulatory requirements for regulated industries such as financial services
1. Schedule 1 - Specified Confidential Information: Detailed list of specific confidential information covered
2. Schedule 2 - Authorized Recipients: List of individuals or entities authorized to receive confidential information
3. Schedule 3 - Disclosure Procedures: Specific procedures for handling and disclosing confidential information
4. Schedule 4 - Conflict Declaration Form: Template for declaring potential conflicts of interest
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