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Non Disclosure Agreement Proprietary Information Template for Singapore

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Key Requirements PROMPT example:

Non Disclosure Agreement Proprietary Information

"I need a Non Disclosure Agreement Proprietary Information for my Singapore-based software company to protect our AI algorithms when sharing them with potential investors, ensuring our trade secrets are protected under Singapore law and including specific provisions for source code protection."

What is a Non Disclosure Agreement Proprietary Information?

The Non-Disclosure Agreement Proprietary Information document is essential when parties need to share sensitive business information, trade secrets, or technical data in Singapore. This agreement is particularly crucial in business negotiations, joint ventures, or potential partnerships where proprietary information must be protected. It aligns with Singapore's robust legal framework for data protection and trade secrets, incorporating requirements from the Personal Data Protection Act 2012 and relevant business legislation. The document is designed to provide clear obligations for handling confidential information while ensuring enforceability under Singapore law.

What sections should be included in a Non Disclosure Agreement Proprietary Information?

1. Parties: Identification and details of the disclosing and receiving parties

2. Background: Context and purpose of the NDA

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives'

4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure

5. Permitted Use: Allowed uses of confidential information

6. Term and Termination: Duration of agreement and termination provisions

7. Return of Information: Requirements for returning or destroying confidential information

What sections are optional to include in a Non Disclosure Agreement Proprietary Information?

1. Employee/Representative Obligations: Additional provisions when confidential information will be shared with employees or representatives

2. Cross-Border Transfer: Provisions governing international transfer of confidential information

3. Intellectual Property Rights: Additional protections for IP rights in confidential information

What schedules should be included in a Non Disclosure Agreement Proprietary Information?

1. Schedule 1: Description of Confidential Information: Detailed list or categories of confidential information covered

2. Schedule 2: Authorized Representatives: List of individuals authorized to access confidential information

3. Schedule 3: Security Measures: Required security protocols for handling confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























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Industries

Evidence Act (Chapter 97): Primary legislation governing the admissibility of evidence in Singapore courts, including documentary evidence which is crucial for enforcing NDAs

Contracts Act (Chapter 53): Fundamental legislation governing contract formation, validity, and enforcement in Singapore

Personal Data Protection Act 2012 (PDPA): Regulates the collection, use, disclosure, and care of personal data, which often intersects with confidential information in NDAs

Official Secrets Act (Chapter 213): Relevant when dealing with government-related information or classified materials

Contract Law Fundamentals: Common law principles covering offer, acceptance, consideration, and intention to create legal relations

Confidentiality Principles: Common law principles governing the protection of confidential information and trade secrets

Restraint of Trade Doctrine: Legal principle ensuring that confidentiality obligations are reasonable and not overly restrictive

Patents Act (Chapter 221): Relevant when confidential information includes patentable inventions or patent-related information

Copyright Act (Chapter 63): Applies when confidential information includes copyrightable materials

Trade Marks Act (Chapter 332): Relevant when confidential information includes trademark-related materials

Employment Act: Applicable when NDAs involve employees or employment relationships

Competition Act (Chapter 50B): Ensures that confidentiality provisions do not violate competition law principles

PDPA Cross-Border Requirements: Specific provisions governing the transfer of personal data outside of Singapore

Industry-Specific Regulations: Additional regulatory requirements specific to certain industries (e.g., banking, healthcare, telecommunications)

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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