This Generic Confidentiality Agreement is designed for use in business relationships where confidential information needs to be shared between parties under Danish law. It serves as a foundation document for protecting sensitive business information, trade secrets, technical knowledge, and proprietary data in various commercial contexts. The agreement is structured to comply with Danish legal requirements, including the Danish Trade Secrets Act (Lov om forretningshemmeligheder) and the Danish Contracts Act (Aftaleloven), while also incorporating necessary data protection provisions when applicable. It is particularly suitable for business negotiations, partnerships, service arrangements, and other commercial relationships where confidential information exchange is necessary.
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Key Requirements PROMPT example:
Generic Confidentiality Agreement
I need a Generic Confidentiality Agreement governed by Danish law for my technology startup to use with potential investors and business partners, with specific provisions for protecting our AI algorithms and software source code.
1. Parties: Identification of the disclosing and receiving parties, including full legal names and registration details
2. Background: Context of the agreement and purpose for sharing confidential information
3. Definitions: Definition of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and when required by law
6. Security Measures: Required measures for protecting and securing confidential information
7. Return or Destruction: Obligations regarding the return or destruction of confidential information upon termination or request
8. Duration and Survival: Term of the agreement and which obligations survive termination
9. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
10. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement
1. Data Protection Compliance: Specific provisions for GDPR compliance when personal data is involved
2. Intellectual Property Rights: Clarification of IP ownership and rights when confidential information includes IP
3. Non-Competition: Restrictions on competitive activities, if relevant to the business relationship
4. Non-Solicitation: Restrictions on soliciting employees or customers, if relevant
5. Publicity: Provisions regarding public announcements or references to the business relationship
6. Assignment and Subcontracting: Rules for transferring rights or obligations under the agreement
7. Independent Contractor: Clarification of relationship between parties when needed
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the agreement
2. Schedule 2 - Permitted Purpose: Detailed description of the specific purposes for which confidential information may be used
3. Schedule 3 - Security Requirements: Specific technical and organizational security measures required
4. Appendix A - Authorized Representatives: List of individuals or roles authorized to receive confidential information
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Healthcare
Financial Services
Professional Services
Retail
Energy
Biotechnology
Real Estate
Construction
Education
Transportation
Media and Entertainment
Telecommunications
Research and Development
Relevant Teams
Legal
Human Resources
Business Development
Research and Development
Executive Leadership
Procurement
Information Technology
Finance
Operations
Commercial
Corporate Development
Innovation
Mergers and Acquisitions
Compliance
Risk Management
Relevant Roles
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Business Development Manager
Project Manager
Human Resources Director
Chief Technology Officer
Research Director
Procurement Manager
Commercial Director
Investment Manager
Operations Manager
Chief Financial Officer
Contract Manager
Innovation Manager
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