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Confidentiality Agreement Indemnity Template for Denmark

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Confidentiality Agreement Indemnity

What is a Confidentiality Agreement Indemnity?

The Confidentiality Agreement Indemnity is designed for situations where parties need to share sensitive information while ensuring maximum legal protection under Danish law. It is particularly relevant in business transactions, partnerships, or collaborations where valuable confidential information needs to be disclosed, and the disclosing party requires additional security through specific indemnification provisions. The document addresses both the preventive aspects of confidentiality protection and the remedial aspects through indemnification, making it suitable for high-value transactions or situations involving particularly sensitive information. This type of agreement is commonly used in Danish business practices where standard NDAs are deemed insufficient due to the nature or value of the confidential information being shared.

What sections should be included in a Confidentiality Agreement Indemnity?

1. Parties: Identification of the parties entering into the agreement

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Definitions of key terms, including 'Confidential Information', 'Permitted Purpose', and 'Losses'

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed

6. Security Measures: Required security measures for protecting confidential information

7. Indemnification: Specific indemnification obligations and scope of coverage

8. Breach and Remedies: Consequences of breach and available remedies

9. Term and Survival: Duration of the agreement and provisions that survive termination

10. Governing Law and Jurisdiction: Specification of Danish law and jurisdiction

What sections are optional to include in a Confidentiality Agreement Indemnity?

1. Return or Destruction of Confidential Information: Detailed procedures for handling confidential information upon termination, optional if covered briefly in main confidentiality section

2. Insurance Requirements: Specific insurance obligations to support indemnification, needed for high-value agreements

3. Third Party Rights: Rights of third parties under the agreement, needed if third party information is involved

4. Data Protection Compliance: GDPR compliance provisions, required if personal data is involved

5. Specific Industry Requirements: Industry-specific confidentiality requirements, needed for regulated industries

6. Alternative Dispute Resolution: Mediation or arbitration provisions, optional alternative to court jurisdiction

What schedules should be included in a Confidentiality Agreement Indemnity?

1. Schedule 1 - Categories of Confidential Information: Detailed list of types of confidential information covered

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to receive confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed

4. Schedule 4 - Indemnification Limits and Procedures: Detailed procedures for making indemnification claims and any applicable limits

5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings by authorized recipients

6. Appendix B - Information Classification Guidelines: Guidelines for classifying different types of confidential information

Authors

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Relevant Industries
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Relevant Roles
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Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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