This Short Form Non Disclosure Agreement is specifically crafted for use in Malaysia, providing a streamlined solution for protecting confidential information in various business contexts. It is particularly suitable for initial business discussions, due diligence processes, and potential partnerships where parties need to quickly but effectively establish confidentiality obligations. The document incorporates key requirements under Malaysian law, including elements of the Contracts Act 1950 and Personal Data Protection Act 2010, while maintaining brevity and accessibility. It's designed to be easily understood and implemented while providing robust protection for confidential information. This version is especially useful for situations where a full-length NDA might be unnecessarily complex or time-consuming to negotiate.
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1. Parties: Identification of the disclosing and receiving parties, including full legal names and registered addresses
2. Background: Brief context of why the NDA is being entered into and the relationship between the parties
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Confidentiality Obligations: Core obligations regarding protection, non-disclosure, and permitted uses of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed to representatives or as required by law
6. Return or Destruction: Requirements for handling confidential information upon termination or request
7. Term and Survival: Duration of the agreement and which obligations survive termination
8. General Provisions: Essential boilerplate including governing law, jurisdiction, and entire agreement
1. Security Measures: Specific security protocols required for protecting confidential information - include when dealing with sensitive technical or digital information
2. Non-Solicitation: Restrictions on soliciting employees or customers - include when parties have access to sensitive relationship information
3. Publicity: Restrictions on public announcements about the relationship - include for high-profile or sensitive business relationships
4. Data Protection: Specific provisions for handling personal data - include when confidential information includes personal data under PDPA
5. Intellectual Property: Clarification of IP ownership and rights - include when confidential information includes IP or trade secrets
1. Schedule 1 - Description of Confidential Information: Detailed description or categories of information considered confidential
2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive confidential information
3. Schedule 3 - Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used
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