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Reciprocal NDA
"I need a Reciprocal NDA for a potential joint venture with a German software company, where we'll be sharing source code and customer data, to be effective from March 2025."
1. Parties: Identification and details of the parties entering into the NDA
2. Background: Context and purpose of the confidentiality agreement
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives'
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure
5. Permitted Disclosures: Circumstances under which disclosure is allowed
6. Term and Survival: Duration of agreement and surviving obligations
7. Return of Information: Requirements for return or destruction of confidential information
1. Data Protection: Additional provisions required when personal data is involved in confidential information
2. Intellectual Property: Additional provisions regarding rights and protection of IP contained in confidential information
3. Non-Solicitation: Provisions preventing poaching of employees/clients between parties
1. Description of Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Permitted Purpose: Detailed description of allowed uses of confidential information
3. Authorized Representatives: List of individuals authorized to receive and handle confidential information
Authors
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