NDA Product Template for Austria

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Key Requirements PROMPT example:

NDA Product

"I need an NDA Product agreement under Austrian law to protect confidential information about our new automotive sensor technology that we'll be sharing with a German manufacturing partner starting March 2025, with special emphasis on protecting our technical specifications and manufacturing processes."

Document background

This Product NDA (NDA Product) is designed for use under Austrian law when companies need to share confidential product-related information with third parties. It is particularly relevant in situations involving product development, manufacturing discussions, evaluation of products, or potential business collaborations where sensitive product information needs to be disclosed. The document ensures compliance with Austrian legal requirements, including the ABGB (Austrian Civil Code) and UWG (Unfair Competition Act), while providing robust protection for trade secrets and confidential information. It should be used before sharing any sensitive product information with external parties and can be customized based on the specific nature of the product and the intended disclosure.

Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses

2. Background: Context of the disclosure, including the purpose of sharing product information

3. Definitions: Key terms including 'Confidential Information', 'Product', 'Permitted Purpose', and other relevant definitions

4. Scope of Confidential Information: Detailed description of what constitutes confidential information related to the product

5. Confidentiality Obligations: Core obligations regarding non-disclosure, protection measures, and permitted uses of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be shared with employees, advisors, or other authorized persons

7. Security Measures: Required technical and organizational measures to protect confidential information

8. Return or Destruction: Obligations regarding the return or destruction of confidential information upon agreement termination

9. Duration and Termination: Term of the agreement and survival of confidentiality obligations

10. Breach and Remedies: Consequences of breach and available legal remedies including injunctive relief

11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Product Testing: Specific provisions for cases where the receiving party needs to test or evaluate the product

2. Sample Handling: Requirements for handling product samples if physical samples are provided

3. Intellectual Property Rights: Additional provisions regarding IP rights in cases where product testing or evaluation might lead to improvements or modifications

4. Export Control: For products subject to export control regulations

5. Data Protection: Specific GDPR compliance provisions if personal data is involved in the product information

6. Competition Law Compliance: Required for products where information sharing might have competition law implications

7. Insurance Requirements: Insurance obligations for high-value or high-risk products

8. Subcontractors: Provisions for cases where receiving party needs to involve subcontractors

Suggested Schedules

1. Product Description: Detailed description of the product(s) covered by the NDA

2. Authorized Personnel: List of individuals or roles authorized to access the confidential information

3. Security Protocols: Specific security measures and protocols required for protecting the product information

4. Marking Requirements: Requirements for marking and identifying confidential information

5. Return/Destruction Certificate: Template certificate for confirming return or destruction of confidential information

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing

Technology

Pharmaceuticals

Automotive

Consumer Goods

Electronics

Chemical Industry

Medical Devices

Software Development

Industrial Equipment

Research and Development

Biotechnology

Relevant Teams

Legal

Research and Development

Product Development

Business Development

Manufacturing

Quality Assurance

Procurement

Innovation

Technical Operations

Intellectual Property

Commercial

Engineering

Project Management

Relevant Roles

Legal Counsel

Product Manager

Business Development Manager

R&D Director

Chief Technology Officer

Manufacturing Manager

Quality Assurance Manager

Procurement Manager

Innovation Director

Technical Director

Intellectual Property Manager

Commercial Director

Operations Manager

Project Manager

Design Engineer

Find the exact document you need

Nda (Technology)

Austrian law-governed NDA specifically designed for protecting technology-related confidential information and trade secrets.

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Authors

Alex Denne

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