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Reciprocal Non Disclosure Agreement Template for Denmark

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Key Requirements PROMPT example:

Reciprocal Non Disclosure Agreement

I need a Reciprocal Non Disclosure Agreement under Danish law for a potential joint venture between my tech company and a manufacturing partner, with specific provisions for protecting software source code and manufacturing processes, to be effective from March 2025.

What is a Reciprocal Non Disclosure Agreement?

This Reciprocal Non Disclosure Agreement is designed for situations where two parties need to share confidential information with each other in the context of business discussions, negotiations, or collaborative projects. The agreement, governed by Danish law, ensures mutual protection of sensitive information including but not limited to trade secrets, technical data, business strategies, and intellectual property. It complies with Danish legal requirements, including the Danish Trade Secrets Act and relevant EU regulations such as GDPR where applicable. The document is particularly suitable for initial business discussions, due diligence processes, joint ventures, or any situation where bilateral exchange of confidential information is anticipated.

What sections should be included in a Reciprocal Non Disclosure Agreement?

1. Parties: Identification of the parties entering into the NDA, including full legal names and addresses

2. Background: Context of the agreement and purpose for sharing confidential information

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose'

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

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

6. Information Security Measures: Required procedures and standards for protecting confidential information

7. Return or Destruction of Information: Obligations regarding handling of confidential information upon request or termination

8. Term and Termination: Duration of the agreement and termination provisions

9. Survival: Obligations that continue after termination

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

What sections are optional to include in a Reciprocal Non Disclosure Agreement?

1. Data Protection: Specific provisions for handling personal data under GDPR - include when confidential information may include personal data

2. Intellectual Property: Provisions clarifying IP ownership and rights - include when confidential information includes IP-sensitive material

3. Non-Solicitation: Restrictions on soliciting employees or customers - include when parties have access to sensitive relationship information

4. Assignment: Rights to assign the agreement - include when parties may undergo corporate changes

5. Prior Agreements: Relationship to existing confidentiality obligations - include when parties have prior NDAs

6. Severability: Provisions for partial invalidity - include in complex agreements

7. Injunctive Relief: Right to seek immediate court intervention - include when immediate enforcement may be necessary

What schedules should be included in a Reciprocal Non Disclosure Agreement?

1. Description of Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used

2. Categories of Confidential Information: Specific types of confidential information covered by the agreement

3. Security Protocols: Detailed information security requirements and procedures

4. Authorized Representatives: List of individuals or roles authorized to receive confidential information

5. Notice Details: Contact information and procedures for serving notices under the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Education

Research & Development

Retail

Construction

Energy

Telecommunications

Biotechnology

Consulting

Real Estate

Media & Entertainment

Relevant Teams

Legal

Business Development

Executive Leadership

Research & Development

Operations

Procurement

Sales

Strategy

Innovation

Finance

Information Technology

Product Development

Corporate Development

Compliance

Intellectual Property

Relevant Roles

Chief Executive Officer

Business Development Manager

Legal Counsel

Chief Legal Officer

Chief Technology Officer

Project Manager

Research Director

Head of Strategy

Chief Operating Officer

Innovation Manager

Partnership Manager

Procurement Manager

Contract Manager

Head of Sales

Chief Financial Officer

Industries






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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