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Non Disclosure Agreement For Software Development Template for New Zealand

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Key Requirements PROMPT example:

Non Disclosure Agreement For Software Development

"I need a Non Disclosure Agreement For Software Development to protect our AI-based financial software that will be developed in collaboration with an overseas development team in India, with special emphasis on source code protection and data privacy compliance for our New Zealand operations."

Document background
The Non-Disclosure Agreement For Software Development is essential when parties need to share sensitive information during software development projects in New Zealand. This document is commonly used when engaging external developers, partnering with technology companies, or outsourcing software development work. It ensures protection of valuable intellectual property, trade secrets, proprietary code, development methodologies, and business information. The agreement complies with New Zealand's legal framework, including the Privacy Act 2020 and Contract and Commercial Law Act 2017, making it suitable for both domestic and international software development arrangements. It's particularly important in scenarios involving innovative technology, proprietary algorithms, or competitive market advantages that need to be protected while enabling necessary collaboration between parties.
Suggested Sections

1. Parties: Identifies and defines the parties entering into the agreement, including their legal names, addresses, and company details

2. Background: Sets out the context of the agreement, including the purpose of sharing confidential information and the nature of the software development project

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Software', 'Intellectual Property', and 'Representatives'

4. Confidentiality Obligations: Core provisions detailing the obligations to maintain confidentiality, permitted uses of confidential information, and standard of care required

5. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed, including to employees and contractors involved in the software development

6. Security Measures: Outlines required security protocols for protecting confidential information, including digital security measures

7. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Breach and Remedies: Consequences of breaching the agreement and available remedies

10. General Provisions: Standard contractual clauses including governing law, jurisdiction, and entire agreement provisions

Optional Sections

1. Intellectual Property Rights: Additional provisions specifically addressing IP rights in any software or documentation shared - include when software IP protection is a significant concern

2. Source Code Protection: Specific provisions for protecting source code - include when source code access is part of the development process

3. Third Party Disclosure: Provisions for sharing information with third-party developers or contractors - include when external parties may be involved

4. Data Privacy Compliance: Specific obligations regarding personal data protection - include when personal data processing is involved

5. Non-Competition: Restrictions on competing activities - include when protecting market advantage is crucial

6. Escrow Arrangements: Provisions for source code escrow - include when source code security is critical

7. Insurance Requirements: Obligations to maintain specific insurance coverage - include for high-value or high-risk projects

8. Audit Rights: Rights to audit compliance with confidentiality obligations - include for high-security projects

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed list of specific confidential information covered by the agreement

2. Schedule 2 - Authorized Personnel: List of authorized individuals who will have access to confidential information

3. Schedule 3 - Security Protocols: Detailed security requirements and procedures for handling confidential information

4. Schedule 4 - Project Scope: Description of the software development project (if specific to a particular project)

5. Appendix A - Acknowledgment Form: Form for authorized personnel to acknowledge their confidentiality obligations

6. Appendix B - Security Breach Protocol: Procedures to follow in case of a security or confidentiality breach

Authors

Alex Denne

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

Relevant legal definitions






























Clauses

























Relevant Industries

Information Technology

Financial Services

Healthcare

E-commerce

Telecommunications

Education Technology

Gaming and Entertainment

Manufacturing

Professional Services

Research and Development

Government and Public Sector

Retail Technology

Insurance Technology

Artificial Intelligence and Machine Learning

Relevant Teams

Legal

Information Technology

Software Development

Project Management

Information Security

Procurement

Research and Development

Quality Assurance

Operations

Risk Management

Compliance

Product Development

Systems Architecture

DevOps

Solutions Engineering

Relevant Roles

Software Developer

Project Manager

Chief Technology Officer

IT Director

Software Architect

Business Analyst

System Administrator

Quality Assurance Engineer

Technical Lead

Development Manager

Product Owner

Scrum Master

DevOps Engineer

Solutions Architect

IT Consultant

Information Security Manager

Legal Counsel

Procurement Manager

Contract Manager

Chief Information 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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