An Indefinite NDA is crucial when sharing sensitive business information that requires permanent protection. This document, governed by Singapore law, establishes ongoing confidentiality obligations without a specific termination date. It's particularly relevant for trade secrets, proprietary technology, and other business-critical information that maintains its value indefinitely. The agreement includes comprehensive provisions for information handling, permitted disclosures, and enforcement mechanisms, while ensuring compliance with Singapore's regulatory framework including the PDPA and trade secrets protection laws.
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Key Requirements PROMPT example:
Indefinite NDA
"Need an Indefinite NDA under Singapore law to protect proprietary AI algorithms and source code that will be shared with a potential development partner based in Malaysia, starting from March 2025."
1. Parties: Identification of the disclosing and receiving parties
2. Background: Context and purpose of the NDA
3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose'
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure
5. Permitted Disclosures: Circumstances under which disclosure is allowed
6. Return of Information: Obligations regarding return or destruction of confidential information
7. Term and Survival: Duration of obligations and surviving provisions
1. Data Protection: PDPA compliance provisions, used when personal data may be involved
2. Non-Solicitation: Prevents poaching of employees/clients, used in business contexts
3. Intellectual Property: IP rights provisions, used when IP may be disclosed
4. Export Control: Used when information may be subject to export regulations
1. Description of Confidential Information: Detailed list or categories of protected information
2. Authorized Representatives: List of individuals authorized to receive confidential information
3. Security Protocols: Specific security measures required for information protection
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Relevant legal definitions
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