This NDA For Technology Company template is specifically designed for use in the Saudi Arabian market where technology companies need to protect their confidential information while ensuring compliance with local laws and regulations. The document is particularly relevant for situations involving the sharing of sensitive technical information, including source code, technical specifications, development methodologies, and trade secrets. It incorporates requirements from Saudi Arabia's Electronic Transactions Law, Anti-Cyber Crime Law, and recent data protection regulations, while remaining compliant with Sharia law principles. The agreement is structured to address modern technology concerns such as cloud computing, artificial intelligence, and cybersecurity, making it suitable for both established technology companies and startups operating in or entering the Saudi market. This template should be used when companies need to share sensitive technical information during business negotiations, joint ventures, service provisions, or other collaborative arrangements in the technology sector.
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1. Parties: Identification of the disclosing and receiving parties, including registration details and addresses
2. Background: Context of the relationship and purpose of sharing confidential information
3. Definitions: Detailed definitions including Confidential Information, Permitted Purpose, Representatives, Technical Data, and other key terms
4. Scope of Confidentiality: Clear delineation of what constitutes confidential information, especially technical data, source code, and trade secrets
5. Permitted Disclosures: Circumstances under which confidential information may be shared with employees, advisors, or third parties
6. Security Measures: Required technical and organizational measures to protect confidential information
7. Return or Destruction: Obligations regarding the return or destruction of confidential information upon termination
8. Term and Survival: Duration of the agreement and provisions that survive termination
9. Breach and Remedies: Consequences of breach and available remedies under Saudi law
10. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes
1. Reverse Engineering Prohibition: Specific prohibition against reverse engineering of software or technical systems, used when sharing technical specifications or source code
2. AI/ML Data Usage: Restrictions on using confidential information for training AI/ML models, relevant for AI/tech companies
3. Cloud Storage Requirements: Specific requirements for storing confidential information in cloud environments, aligned with Saudi Cloud Computing Framework
4. Data Localization: Requirements for keeping certain data within Saudi Arabia, important for compliance with local regulations
5. Electronic Security Standards: Specific cybersecurity standards that must be maintained, particularly relevant for technical implementations
6. Third Party Beneficiaries: Rights of affiliated companies or third parties whose confidential information may be shared
7. Exit Management: Detailed procedures for managing confidential information upon termination of the business relationship
1. Schedule 1 - Confidential Information: Detailed list of types of confidential information covered, including technical specifications, source code, and trade secrets
2. Schedule 2 - Authorized Representatives: List of authorized representatives from each party who may access confidential information
3. Schedule 3 - Security Protocols: Specific technical and organizational security measures required
4. Schedule 4 - Approved Subcontractors: List of approved subcontractors or third parties who may access confidential information
5. Appendix A - Data Processing Requirements: Specific requirements for processing personal data in compliance with Saudi data protection laws
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Software Development
Telecommunications
Cybersecurity
Artificial Intelligence
Cloud Computing
Internet of Things
Digital Healthcare
FinTech
E-commerce
Defense Technology
Smart Cities
Electronic Manufacturing
Research and Development
Digital Entertainment
Relevant Teams
Legal
Information Technology
Information Security
Research and Development
Software Development
Product Development
Compliance
Procurement
Business Development
Technical Operations
Data Protection
Innovation
Enterprise Architecture
Quality Assurance
Project Management
Relevant Roles
Chief Technology Officer
Legal Counsel
Information Security Manager
Software Development Manager
Project Manager
Business Development Director
Research and Development Lead
Systems Architect
Product Manager
Chief Information Officer
Data Protection Officer
Compliance Manager
Technical Program Manager
Innovation Director
Procurement Manager
Contract Administrator
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