This Non-Disclosure Agreement For Product Development is essential for companies and organizations engaged in product development activities in the Philippines who need to protect their confidential information and intellectual property. The agreement is specifically crafted to comply with Philippine legislation, including the Civil Code, Intellectual Property Code, and Technology Transfer Act. It should be used when parties need to share sensitive information related to new product development, such as technical specifications, prototypes, manufacturing processes, or innovative technologies. The document is particularly important in scenarios where multiple parties collaborate on product development projects and need to ensure their proprietary information remains protected. It includes provisions for both technical and commercial confidential information, making it suitable for various stages of the product development lifecycle, from initial concept to final manufacturing.
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1. Parties: Identification of the disclosing party and receiving party, including full legal names and addresses
2. Background: Context of the agreement, including the purpose of disclosure related to product development
3. Definitions: Key terms including 'Confidential Information', 'Product', 'Development Information', 'Trade Secrets', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the context of product development
5. Obligations of Receiving Party: Core confidentiality obligations, including handling, storage, and protection of confidential information
6. Permitted Use: Specific permitted uses of confidential information in relation to product development
7. Term and Survival: Duration of the agreement and surviving obligations after termination
8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon agreement termination
9. Breach and Remedies: Consequences of breach and available legal remedies
10. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Security Measures: Specific technical and organizational security measures required for highly sensitive product information
2. Third Party Disclosure: Terms for sharing information with authorized third parties such as contractors or consultants
3. Intellectual Property Rights: Specific provisions regarding IP rights in cases where product development might lead to new IP
4. Export Control: For products that may be subject to export regulations
5. Data Privacy Compliance: When product development involves personal data processing
6. Non-Competition: Restrictions on competing activities, if relevant to the product development
7. Regulatory Compliance: For products subject to specific regulatory requirements
1. Schedule 1: Description of Product: Detailed description of the product under development
2. Schedule 2: Authorized Representatives: List of authorized personnel who may access confidential information
3. Schedule 3: Security Protocols: Specific security measures and protocols for handling confidential information
4. Schedule 4: Permitted Purpose Details: Detailed scope of permitted use of confidential information
5. Appendix A: Information Handling Procedures: Standard operating procedures for handling confidential information
6. Appendix B: Form of Confidentiality Undertaking: Template for additional confidentiality undertakings by employees or contractors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Software Development
Electronics
Biotechnology
Automotive
Consumer Goods
Industrial Equipment
Pharmaceutical
Medical Devices
Aerospace
Telecommunications
Internet of Things
Artificial Intelligence
Relevant Teams
Legal
Research and Development
Product Development
Engineering
Design
Manufacturing
Quality Assurance
Innovation
Operations
Procurement
Technical Program Management
Intellectual Property
Business Development
Relevant Roles
Chief Technology Officer
Product Development Manager
Research and Development Director
Project Manager
Industrial Designer
Product Engineer
Manufacturing Engineer
Technical Consultant
Legal Counsel
Intellectual Property Manager
Innovation Director
Product Owner
Design Engineer
Quality Assurance Manager
Operations Director
Business Development Manager
Technical Program Manager
Procurement Manager
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