Nda (Technology) Template for Austria

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Key Requirements PROMPT example:

Nda (Technology)

"I need a Technology NDA governed by Austrian law to protect confidential information related to our AI software development project, which we'll be sharing with an external development contractor starting March 2025."

Document background

This NDA (Technology) template is specifically designed for use in technology-related business relationships under Austrian law. It is particularly suitable for situations involving the exchange of sensitive technical information, trade secrets, source code, algorithms, technical specifications, or other proprietary technology-related information. The document complies with Austrian legal requirements, including the Austrian Civil Code (ABGB), Trade Secrets Act, and GDPR, making it appropriate for both domestic Austrian transactions and international technology partnerships involving Austrian entities. This template should be used when parties need to share confidential technical information during technology development, partnerships, potential acquisitions, joint ventures, or service agreements in the technology sector. It includes specific provisions addressing unique aspects of technology-related confidential information while ensuring enforceability under Austrian jurisdiction.

Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including registered addresses and company details

2. Background: Context of the agreement and purpose of sharing confidential information

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and technology-specific terms

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

5. Permitted Disclosures: Circumstances under which confidential information may be shared with representatives or required by law

6. Data Protection: GDPR compliance provisions and data handling requirements

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

8. Term and Survival: Duration of the agreement and surviving obligations

9. Return or Destruction: Obligations regarding confidential information upon termination

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

Optional Sections

1. Unilateral Provisions: Additional provisions for one-way NDAs where only one party discloses information

2. Source Code Protection: Specific provisions for protecting software source code and related technical information

3. Intellectual Property Rights: Clarification of IP ownership and licensing terms

4. Export Control: Provisions for technology subject to export control regulations

5. Residual Knowledge: Provisions addressing use of general knowledge and experience gained

6. Competition Restrictions: Non-compete provisions (subject to Austrian competition law)

7. Third Party Rights: Provisions relating to third party beneficiaries or restrictions

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed categorization of protected technical information and trade secrets

2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive confidential information

3. Schedule 3 - Security Protocols: Technical and organizational security measures for protecting confidential information

4. Schedule 4 - Data Processing Terms: Additional terms for GDPR compliance where personal data is involved

5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality agreements to be signed by representatives

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

Information Technology

Software Development

Artificial Intelligence

Cybersecurity

Telecommunications

Biotechnology

FinTech

Hardware Manufacturing

Cloud Computing

Internet of Things

Digital Healthcare

Robotics

Semiconductor Industry

Research & Development

Electronic Manufacturing

Relevant Teams

Legal

Information Technology

Research & Development

Product Development

Information Security

Procurement

Business Development

Innovation

Engineering

Data Protection

Technical Operations

Corporate Development

Intellectual Property

Solutions Architecture

Relevant Roles

Chief Technology Officer

Software Engineer

IT Director

Technical Project Manager

Research Director

Product Development Manager

Systems Architect

Legal Counsel

IP Manager

Business Development Director

Chief Information Officer

Technology Consultant

Innovation Manager

R&D Manager

Data Protection Officer

Chief Information Security Officer

Technical Account Manager

Procurement Manager

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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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