The Non Disclosure Agreement For Software Development is essential when engaging in software development projects in Singapore where proprietary information needs protection. This document is particularly crucial when sharing technical specifications, source code, business logic, and other sensitive information between development partners. It ensures compliance with Singapore's legal framework, including the Personal Data Protection Act and intellectual property laws, while establishing clear guidelines for handling confidential information throughout the development lifecycle.
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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 proprietary AI algorithms and source code while working with an external development team in Singapore on a new fintech application, starting January 2025."
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OR
1. Parties: Identification of the disclosing and receiving parties, including their registered addresses and company registration numbers
2. Background: Context of the software development project and purpose of sharing confidential information
3. Definitions: Key terms including 'Confidential Information', 'Software', 'Intellectual Property Rights', 'Representatives'
4. Confidentiality Obligations: Core obligations regarding non-disclosure, protection and permitted uses of confidential information
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Return of Confidential Information: Obligations regarding return or destruction of confidential information
7. Governing Law and Jurisdiction: Singapore law as governing law and jurisdiction for disputes
1. Data Protection: Additional provisions for compliance with Personal Data Protection Act (PDPA) when personal data will be shared
2. Non-Solicitation: Provisions preventing parties from poaching staff or clients during and after the agreement term
3. Specific Security Requirements: Detailed IT security measures required for handling particularly sensitive technical information
4. Insurance Requirements: Specific insurance coverage requirements when dealing with high-value intellectual property
1. Schedule 1 - Description of Project: Details of the software development project scope
2. Schedule 2 - Specific Confidential Information: Detailed list of confidential information categories
3. Schedule 3 - Authorized Representatives: List of personnel authorized to receive confidential information
4. Schedule 4 - Security Protocols: Technical and organizational security measures
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