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Non Disclosure And Restricted Use Agreement
"I need a Non Disclosure And Restricted Use Agreement for a technology partnership starting January 2025, where we'll be sharing AI algorithms with a Singapore-based company, with special emphasis on data protection and cross-border transfer restrictions."
1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context and purpose of the agreement, including the nature of the confidential relationship
3. Definitions: Key terms used tHRoughout the agreement, particularly the definition of confidential information
4. Confidentiality Obligations: Core obligations regarding non-disclosure and restricted use of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed
6. Term and Survival: Duration of the agreement and surviving obligations
7. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination
8. Governing Law: Specification of Singapore law as governing law
1. Data Protection: Additional provisions for compliance with Personal Data Protection Act (PDPA) when personal data is involved in the confidential information
2. Non-Competition: Additional restrictions on competitive activities when protecting business interests beyond confidentiality
3. Non-Solicitation: Restrictions on soliciting employees or customers when protecting human resources or customer relationships
4. Security Measures: Specific security protocols for handling information when dealing with highly sensitive data
5. Audit Rights: Rights to audit compliance with the agreement for high-value or high-risk relationships
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures for handling confidential information
4. Schedule 4 - Permitted Purpose: Detailed description of allowed uses of confidential information
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