NDA Between Company And Individual Template for Austria

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Key Requirements PROMPT example:

NDA Between Company And Individual

"I need an NDA Between Company And Individual for my tech startup based in Vienna, to use with freelance developers who will have access to our proprietary software code starting March 2025."

Document background
The NDA Between Company And Individual is essential for protecting confidential information in various business contexts under Austrian law. It is commonly used when engaging with consultants, potential employees, contractors, or other individuals who need access to sensitive company information. The document ensures compliance with Austrian civil law, the EU General Data Protection Regulation (GDPR), and the Austrian Trade Secrets Act (UWG). This type of NDA is particularly important in the Austrian business environment, where strong data protection regulations and privacy laws must be considered. The agreement should be used before sharing any confidential information with individuals outside the company structure, whether for project evaluation, potential collaboration, or employment discussions.
Suggested Sections

1. Parties: Identification of the company and the individual, including full legal names, addresses, and registration details for the company

2. Background: Context of the agreement, explaining the purpose of sharing confidential information and the relationship between the parties

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

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Uses: Specific circumstances under which the confidential information may be used

6. Security Measures: Required measures for protecting confidential information, including digital and physical security

7. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination or request

8. Duration and Survival: Term of the agreement and which obligations survive termination

9. Data Protection: GDPR compliance and data protection obligations specific to Austrian law

10. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes

Optional Sections

1. Intellectual Property Rights: Section clarifying that the agreement doesn't transfer any IP rights, used when confidential information includes IP

2. Employment Relationship: Clause clarifying that the NDA doesn't create an employment relationship, used when the individual might be a consultant or contractor

3. Non-Competition: Restrictions on competitive activities, only used when specifically required and ensuring compliance with Austrian labor law

4. Third Party Disclosure: Provisions for sharing with authorized third parties, used when such sharing might be necessary

5. Notice Requirements: Specific procedures for notifications, used in more formal or complex relationships

6. Insurance Requirements: Obligations to maintain specific insurance coverage, used when handling particularly sensitive information

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed listing or categorization of the confidential information covered

2. Schedule 2 - Authorized Purposes: Specific listing of permitted uses of the confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and procedures to be followed

4. Appendix A - Contact Details: List of key contacts for notices and escalation procedures

Authors

Alex Denne

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

Relevant Industries

Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Research and Development

Biotechnology

Consulting

Engineering

Media and Entertainment

Retail

Education

Real Estate

Telecommunications

Relevant Teams

Legal

Human Resources

Procurement

Research and Development

Business Development

Executive Leadership

Operations

Finance

Information Technology

Innovation

Compliance

Administrative

Project Management

Relevant Roles

Chief Executive Officer

Human Resources Director

Legal Counsel

Procurement Manager

Project Manager

Research Director

Business Development Manager

Technical Consultant

Financial Controller

Operations Manager

Department Head

Recruitment Specialist

Innovation Manager

External Consultant

Independent Contractor

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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