The Business Plan Confidentiality Agreement is essential when companies or individuals need to share sensitive business planning information with potential investors, partners, or advisors in Indonesia. This document is particularly crucial in the Indonesian business environment, where protection of trade secrets is governed by Law No. 30 of 2000 and related regulations. It should be used before sharing detailed business plans, financial projections, market strategies, or proprietary information during business negotiations, investment discussions, or strategic partnership evaluations. The agreement ensures that confidential information is protected under Indonesian law while facilitating necessary business discussions and due diligence processes. It includes specific provisions adapted to Indonesian legal requirements while maintaining international business standards for confidentiality protection.
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1. Parties: Identification of the disclosing party (business plan owner) and receiving party, including full legal names, registration numbers, and addresses
2. Background: Context of the disclosure, purpose of sharing the business plan, and general intent of the agreement
3. Definitions: Clear definitions of key terms including 'Confidential Information', 'Business Plan', 'Authorized Purpose', 'Authorized Representatives', and 'Confidential Period'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement, specifically relating to the business plan
5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions, security measures, and standard of care required
6. Permitted Disclosures: Circumstances under which confidential information may be shared with authorized representatives or as required by law
7. Term and Survival: Duration of the agreement and which obligations survive termination
8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request
9. Breach and Remedies: Consequences of breach, including available remedies and indemnification provisions
10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for dispute resolution
1. Non-Solicitation: Prohibits solicitation of employees or customers, included when the business plan contains sensitive personnel or customer information
2. Electronic Information Security: Specific provisions for protecting electronically shared information, required when business plan will be shared in digital format
3. Intellectual Property Rights: Clarification of IP ownership and rights, needed when business plan contains patentable innovations or proprietary technology
4. Public Announcements: Controls on public statements about the business relationship, useful for high-profile or sensitive projects
5. Force Majeure: Provisions for extraordinary events affecting compliance, included in longer-term arrangements
6. Assignment: Rules regarding transfer of rights and obligations, important for corporate recipients likely to undergo restructuring
1. Schedule 1 - Description of Business Plan: Detailed description of the business plan documents and information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle the confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling the confidential information
4. Appendix A - Acknowledgment Form: Form to be signed by authorized representatives acknowledging confidentiality obligations
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Financial Services
Healthcare
Real Estate
Retail
E-commerce
Energy
Agriculture
Mining
Transportation
Education
Tourism
Food and Beverage
Construction
Telecommunications
Relevant Teams
Legal
Corporate Development
Executive Leadership
Finance
Business Development
Strategy
Compliance
Risk Management
Investment
Mergers & Acquisitions
Relevant Roles
Chief Executive Officer
Business Development Manager
Legal Counsel
Investment Manager
Chief Financial Officer
Corporate Strategy Director
Merger & Acquisition Manager
Startup Founder
Business Consultant
Venture Capital Associate
Private Equity Manager
Corporate Secretary
Risk Management Officer
Compliance Officer
General Counsel
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