The Unilateral Confidentiality Agreement is essential when one party needs to share sensitive business information with another party in Singapore. This document is commonly used during business negotiations, potential partnerships, or employment relationships where proprietary information needs protection. It complies with Singapore's robust legal framework for protecting confidential information and trade secrets, including requirements under the Personal Data Protection Act 2012. The agreement typically covers definition of confidential information, scope of protection, duration of obligations, and remedies for breach.
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1. Parties: Identifies the disclosing party and receiving party with full legal names and addresses
2. Background: Explains the context and purpose of the confidentiality agreement
3. Definitions: Defines key terms including 'Confidential Information'
4. Confidentiality Obligations: Core obligations regarding use and protection of confidential information
5. Term and Termination: Duration of the agreement and termination provisions
6. Return of Information: Obligations regarding return or destruction of confidential information
1. Permitted Disclosures: Specific circumstances where disclosure is allowed (used when certain disclosures need to be pre-authorized)
2. Non-Solicitation: Prevents poaching of employees or customers (used when protecting business relationships is crucial)
3. Governing Law and Jurisdiction: Specifies applicable law and courts (used when parties are in different jurisdictions)
1. Schedule 1: Description of Confidential Information: Detailed list of information covered by the agreement
2. Schedule 2: Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule 3: Security Measures: Specific security protocols to be followed
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