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Relationship Confidentiality Agreement

Relationship Confidentiality Agreement Template for Nigeria

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Key Requirements PROMPT example:

Relationship Confidentiality Agreement

"I need a Relationship Confidentiality Agreement for my technology startup in Lagos, to be used with potential investors and business partners, with special emphasis on protecting our software development processes and customer data under Nigerian law."

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Document background
The Relationship Confidentiality Agreement is essential for protecting sensitive information exchanged between parties in Nigeria who are entering into or considering a business or personal relationship. This document type is particularly crucial given Nigeria's evolving data protection landscape, especially under the NDPR 2019, and the increasing importance of information security in business transactions. The agreement covers various forms of confidential information including trade secrets, personal data, business plans, and proprietary information, while establishing clear obligations for handling and protecting such information. It is commonly used in business negotiations, potential partnerships, employment relationships, and other situations where sensitive information needs to be shared while maintaining confidentiality.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including their full legal names, addresses, and any registration numbers if applicable

2. Background: Context of the relationship and purpose of entering into the confidentiality agreement

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Relationship', 'Permitted Purpose', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

7. Data Protection Compliance: Specific provisions ensuring compliance with Nigerian Data Protection Regulation (NDPR) 2019

8. Duration of Obligations: Time period for which confidentiality obligations remain in force

9. Return or Destruction of Information: Requirements for handling confidential information upon termination of the relationship or agreement

10. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief

11. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Solicitation: Optional provisions preventing solicitation of employees or customers, typically included for business relationships

2. Intellectual Property Rights: Additional provisions clarifying ownership and protection of intellectual property, particularly relevant for technology or creative relationships

3. Security Measures: Specific technical and organizational measures required for protecting confidential information, particularly relevant for digital information

4. Publicity and Announcements: Restrictions on public announcements about the relationship, typically included for commercial relationships

5. Insurance Requirements: Obligations to maintain specific insurance coverage, relevant for high-value commercial relationships

6. Third Party Rights: Provisions regarding the rights of third parties mentioned in or affected by the agreement

7. Force Majeure: Provisions for handling confidentiality obligations during extraordinary circumstances

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of information specifically designated as confidential

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information

4. Appendix A - Form of Confidentiality Undertaking: Template undertaking to be signed by employees or representatives who will have access to confidential information

5. Appendix B - Data Processing Requirements: Specific requirements for compliance with NDPR 2019 and other data protection obligations

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions






























Clauses


























Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Professional Services

Energy and Natural Resources

Telecommunications

Real Estate

Education

Retail and Consumer Goods

Media and Entertainment

Construction

Agriculture

Pharmaceuticals

Mining

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Information Technology

Finance

Operations

Research and Development

Sales

Procurement

Compliance

Risk Management

Information Security

Corporate Communications

Strategy

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Human Resources Manager

Business Development Manager

Project Manager

Chief Financial Officer

Chief Technology Officer

Operations Manager

Investment Manager

Procurement Manager

Research and Development Director

Sales Director

Partnership Manager

Compliance Officer

Risk Manager

Information Security Officer

Industries







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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