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Confidentiality And Nondisclosure Agreement Form
"I need a Confidentiality And Nondisclosure Agreement Form for a tech startup sharing proprietary software code with potential investors, with extra emphasis on IP protection and a two-year confidentiality period starting March 2025."
1. Parties: Identification of all parties entering into the agreement, including legal names and addresses
2. Background/Recitals: Context of the agreement and purpose for sharing confidential information
3. Definitions: Clear definitions of key terms, especially 'Confidential Information'
4. Scope of Confidentiality: Detailed description of what constitutes confidential information and how it may be used
5. Obligations of Receiving Party: Specific duties and responsibilities regarding confidential information
6. Term and Termination: Duration of the agreement and conditions for termination
7. Return of Confidential Information: Requirements for returning or destroying confidential information
8. Governing Law: Jurisdiction and applicable laws
1. Non-Solicitation: Prevents solicitation of employees/customers, used when protecting business relationships is crucial
2. Non-Competition: Restricts competitive activities, used when sharing highly sensitive business information
3. Data Protection Compliance: Specific data protection obligations, used when handling personal data or subject to specific regulations
4. Survival Clause: Specifies which obligations continue after termination, used when certain provisions need to extend beyond agreement termination
1. Schedule A - Description of Confidential Information: Detailed list of specific confidential information covered
2. Schedule B - Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule C - Security Protocols: Specific security measures required for handling information
4. Schedule D - Permitted Purposes: Detailed description of allowed uses of confidential information
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