Standard NDA Template for Austria

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Key Requirements PROMPT example:

Standard NDA

"I need a Standard NDA under Austrian law for a technology company sharing software development plans with a potential manufacturing partner, with special emphasis on protecting source code and technical specifications."

Document background

This Standard NDA is designed for use under Austrian law when parties need to exchange confidential information in various business contexts, such as commercial negotiations, due diligence processes, or potential business partnerships. The document incorporates essential provisions required by Austrian legislation, including the Austrian Civil Code (ABGB) and Trade Secrets Act (UWG), while also accounting for relevant EU regulations where applicable. It is structured to provide robust protection for confidential information while maintaining flexibility for different business scenarios. The Standard NDA includes comprehensive definitions of confidential information, clear obligations for information handling, and specific provisions for enforcement under Austrian jurisdiction. This template is particularly suitable for both domestic Austrian transactions and international business relationships where Austrian law is chosen as the governing law.

Suggested Sections

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

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

3. Definitions: Definition of key terms, particularly 'Confidential Information', 'Permitted Purpose', and 'Authorized Recipients'

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

5. Permitted Disclosures: Circumstances under which confidential information may be shared with authorized recipients

6. Security Measures: Required measures for protecting and securing confidential information

7. Return or Destruction: Obligations regarding the return or destruction of confidential information upon termination or request

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

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

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

Optional Sections

1. Data Protection: Additional provisions when confidential information includes personal data subject to GDPR

2. Intellectual Property: Specific provisions regarding IP rights when confidential information includes patentable or copyrightable material

3. Non-Solicitation: Restrictions on soliciting employees or customers, if relevant to the business relationship

4. Export Control: Compliance with export control laws when information may be subject to international transfer restrictions

5. Competitive Activity: Restrictions on competitive activities, ensuring compliance with Austrian competition law

6. Residual Knowledge: Provisions addressing use of general knowledge and experience retained by recipients

7. Assignment and Succession: Terms for transferring rights and obligations under the NDA, if permitted

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed description 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 protocols required for handling 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

Technology

Manufacturing

Financial Services

Healthcare

Professional Services

Research & Development

Biotechnology

Real Estate

Energy

Telecommunications

Retail

Construction

Education

Media & Entertainment

Automotive

Relevant Teams

Legal

Human Resources

Business Development

Research and Development

Executive Leadership

Procurement

Information Technology

Finance

Operations

Product Development

Partnership Management

Innovation

Investment

Compliance

Corporate Development

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Project Manager

Research Director

Human Resources Director

Chief Technology Officer

Procurement Manager

Investment Manager

Operations Director

Chief Financial Officer

Consultant

Partnership Manager

Innovation Manager

Product Development Manager

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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