The Product Confidentiality Agreement serves as a crucial legal instrument in Indonesian business transactions where parties need to share sensitive product-related information. This document is essential when companies are engaging in product development, manufacturing partnerships, or evaluation of potential business relationships that require disclosure of proprietary product information. It is specifically designed to comply with Indonesian law, particularly Law No. 30 of 2000 on Trade Secrets and related regulations, while providing comprehensive protection for confidential information. The agreement is commonly used during product development phases, manufacturing negotiations, or when seeking strategic partnerships, and includes detailed provisions for information handling, security measures, and breach remedies in accordance with Indonesian legal requirements.
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1. Parties: Identification of the disclosing party and receiving party, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, nature of the business relationship, and purpose of sharing confidential information
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Products', 'Authorized Purpose', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information related to the product
5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information
6. Permitted Use and Disclosure: Specific permitted uses of the confidential information and conditions for authorized disclosure
7. Security Measures: Required security measures for protecting confidential information
8. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon agreement termination
9. Term and Termination: Duration of the agreement and termination provisions
10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
11. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes
1. Intellectual Property Rights: Section clarifying ownership of IP rights when the confidential information includes patentable or copyrightable material
2. Third Party Disclosure: Additional provisions for cases where disclosure to third party contractors or advisors is necessary
3. Export Control: Required when the product information may be subject to export control regulations
4. Data Privacy Compliance: Special provisions when confidential information includes personal data subject to privacy laws
5. Insurance Requirements: Provisions requiring specific insurance coverage for high-value or high-risk products
6. Reverse Engineering Prohibition: Specific prohibition against reverse engineering when applicable to the product
7. Competing Products: Restrictions on developing competing products using the confidential information
1. Schedule 1 - Product Description: Detailed description of the product(s) covered by the agreement
2. Schedule 2 - Authorized Personnel: List of personnel authorized to access the confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed
4. Schedule 4 - Destruction Certification Form: Template for certifying destruction of confidential information
5. Appendix A - Disclosure Log: Template for recording all instances of confidential information disclosure
6. Appendix B - Non-Disclosure Undertaking: Template for individual non-disclosure undertakings by authorized personnel
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Consumer Products
Automotive
Electronics
Pharmaceuticals
Chemical Industry
Software Development
Industrial Equipment
Research and Development
Medical Devices
Food and Beverage
Aerospace
Telecommunications
Relevant Teams
Legal
Research and Development
Product Development
Manufacturing
Quality Assurance
Business Development
Innovation
Technical Operations
Procurement
Intellectual Property
Engineering
Commercial Operations
Project Management
Relevant Roles
Legal Counsel
Product Manager
Research and Development Director
Chief Technology Officer
Manufacturing Manager
Business Development Manager
Innovation Director
Quality Assurance Manager
Technical Director
Procurement Manager
Intellectual Property Manager
Operations Director
Project Manager
Design Engineer
Commercial Director
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