This Full Form NDA is designed for use in situations requiring comprehensive protection of confidential information under United States law. It is particularly suitable for complex business relationships, strategic partnerships, or situations involving sensitive proprietary information. The agreement incorporates requirements from federal legislation, including the Defend Trade Secrets Act of 2016, and accounts for state-specific trade secret protections. This document is more detailed than a standard NDA, including extensive definitions, robust security requirements, specific procedures for information handling, and comprehensive provisions for breach and enforcement. It is typically used in significant business transactions, joint ventures, strategic partnerships, or when sharing highly sensitive technical, financial, or business information.
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1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Sets out the context and purpose of the agreement, including the nature of the business relationship
3. Definitions: Defines key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant terms
4. Disclosure and Use of Confidential Information: Details the circumstances under which confidential information may be disclosed and used
5. Obligations of Confidentiality: Specifies the recipient's duties to protect confidential information and prevent unauthorized disclosure
6. Permitted Disclosures: Outlines circumstances where disclosure is allowed, including to employees, advisors, or as required by law
7. Security Measures: Specifies required security protocols for protecting confidential information
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request
9. Duration and Survival: Specifies the term of the agreement and which obligations survive termination
10. Breach and Remedies: Details the consequences of breach and available remedies including injunctive relief
11. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
1. Whistleblower Protection Notice: Required for U.S. agreements to comply with the Defend Trade Secrets Act, but may be included as separate section or within permitted disclosures
2. Data Privacy Compliance: Required when confidential information includes personal data subject to privacy laws
3. Competitive Activities: Restrictions on competitive activities, when relevant to the business relationship
4. Non-Solicitation: Prohibitions on soliciting employees or customers, when relevant to the business relationship
5. Development Rights: Addresses ownership of any developments or improvements made using confidential information
6. Export Control: Required when confidential information may be subject to export control regulations
7. Reverse Engineering Prohibition: Specific prohibition on reverse engineering when relevant to technical information
8. Residual Knowledge: Addresses use of non-confidential residual knowledge retained in unaided memory
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information considered confidential
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule 3 - Security Protocols: Detailed security measures and procedures for handling confidential information
4. Appendix A - Form of Confidentiality Undertaking: Template confidentiality agreement for representatives or employees
5. Appendix B - Notice Requirements: Specific procedures and contact details for required notices under the agreement
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