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Simple Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

Simple Non Disclosure Agreement

"I need a Simple Non Disclosure Agreement governed by Singapore law to protect confidential information that will be shared with a potential investor during our Series A fundraising, which starts in March 2025."

What is a Simple Non Disclosure Agreement?

A Simple Non-Disclosure Agreement is essential when parties need to share sensitive business information while maintaining confidentiality. This document, governed by Singapore law, is commonly used during business negotiations, potential partnerships, or when engaging contractors or consultants. It defines confidential information, establishes clear obligations for information protection, and provides legal recourse in case of unauthorized disclosure. The agreement aligns with Singapore's stringent data protection regulations and common law principles, making it particularly suitable for businesses operating in or through Singapore's business hub.

What sections should be included in a Simple Non Disclosure Agreement?

1. Parties: Identification of the parties entering into the NDA, including full legal names and addresses

2. Background: Brief context explaining why the NDA is being entered into

3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information'

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Use: Specified purposes for which the confidential information may be used

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

7. Return of Confidential Information: Obligations regarding the return or destruction of confidential information

8. Governing Law: Specification of Singapore law as governing law

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

1. Employee and Representative Obligations: Additional provisions for when confidential information needs to be shared with employees or representatives of the receiving party

2. Intellectual Property Rights: Provisions protecting IP rights in the confidential information when sensitive IP material is involved

3. Non-Solicitation: Restrictions on soliciting employees or customers, used when parties want to prevent poaching

4. Securities Trading: Provisions preventing insider trading when confidential information could affect stock prices

What schedules should be included in a Simple Non Disclosure Agreement?

1. Description of Confidential Information: Detailed list or categories of information covered by the NDA

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

3. Security Procedures: Specific procedures for handling and protecting 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


















Clauses



















Industries

Singapore Contract Law: Common Law principles governing contract formation, validity, and enforcement, including provisions from the Civil Law Act (Cap. 43) and Unfair Contract Terms Act (Cap. 396)

Official Secrets Act: Singapore legislation (Cap. 213) governing the protection of official secrets and sensitive government information

Personal Data Protection Act 2012: Legislation governing the collection, use, disclosure, and protection of personal data in Singapore

Copyright Act: Singapore legislation (Cap. 63) protecting original works and intellectual property rights

Patents Act: Singapore legislation (Cap. 221) governing the protection of inventions and patent rights

Trade Marks Act: Singapore legislation (Cap. 332) protecting distinctive signs, brands, and marks used in trade

Trade Secrets Protection: Common law principles protecting confidential business information that provides competitive advantage

Employment Act: Singapore legislation (Cap. 91) governing employment relationships and workplace rights, relevant when NDAs involve employees

Competition Act: Singapore legislation (Cap. 50B) ensuring fair competition and preventing anti-competitive practices in contractual agreements

Specific Relief Act: Singapore legislation (Cap. 321) governing specific performance and injunctive relief for contract breaches

Supreme Court of Judicature Act: Singapore legislation (Cap. 322) establishing court jurisdiction and enforcement mechanisms for legal remedies

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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