Intellectual Property Non Disclosure Agreement for Australia

Intellectual Property Non Disclosure Agreement Template for Australia

A comprehensive legal agreement governed by Australian law that establishes confidentiality obligations regarding intellectual property and proprietary information shared between parties. The document provides robust protection for various forms of confidential information including trade secrets, proprietary technology, know-how, and other intellectual property, while ensuring compliance with Australian federal and state legislation. It includes specific provisions for the protection, use, and eventual return or destruction of confidential information, along with clear remedies for breach of confidentiality obligations.

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What is a Intellectual Property Non Disclosure Agreement?

This Intellectual Property Non Disclosure Agreement is essential for businesses and individuals operating in Australia who need to protect sensitive intellectual property and confidential information during business discussions, negotiations, or collaborative projects. The agreement is designed to comply with Australian federal and state laws, including relevant intellectual property legislation, common law principles regarding confidential information, and privacy laws. It should be used whenever parties need to share sensitive information such as trade secrets, proprietary technology, business methods, or other confidential intellectual property. The document creates legally binding obligations for recipients to maintain confidentiality and restricts the use of shared information to specified purposes only. It is particularly crucial for commercial negotiations, joint ventures, potential partnerships, or when engaging with contractors, consultants, or potential investors.

What sections should be included in a Intellectual Property Non Disclosure Agreement?

1. Parties: Identifies and provides full details of all parties to the agreement

2. Background: Explains the context and purpose of the agreement, including the nature of the relationship between the parties

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information' and 'Intellectual Property'

4. Scope of Confidential Information: Clearly identifies what information is covered by the agreement and any exclusions

5. Obligations of Confidentiality: Details the core confidentiality obligations and permitted uses of the confidential information

6. Protection of Confidential Information: Specifies security measures required to protect the confidential information

7. Intellectual Property Rights: Confirms ownership of IP and that no IP rights are transferred under the agreement

8. Term and Termination: Specifies the duration of the agreement and circumstances for termination

9. Return or Destruction of Confidential Information: Requirements for handling confidential information after the agreement ends

10. Breach and Remedies: Outlines consequences of breach and available remedies

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

What sections are optional to include in a Intellectual Property Non Disclosure Agreement?

1. Permitted Disclosures: Defines circumstances where disclosure is permitted (e.g., to employees, advisors, or as required by law). Include when the recipient needs to share information with specific third parties.

2. Non-Solicitation: Prevents poaching of employees or clients. Include when there's a risk of talent or client poaching.

3. Non-Competition: Restricts competitive activities. Include when sharing highly sensitive commercial information.

4. Residual Knowledge: Addresses use of non-confidential retained knowledge. Include when dealing with technical or professional services.

5. Data Protection: Specific obligations regarding personal data. Include when personal data is involved.

6. Export Control: Compliance with export control laws. Include when dealing with regulated technologies or international transfers.

7. Publicity: Restrictions on public announcements. Include when public disclosure of the relationship is sensitive.

What schedules should be included in a Intellectual Property Non Disclosure Agreement?

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

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

3. Schedule 3 - Security Measures: Specific security protocols and requirements for protecting the information

4. Schedule 4 - Approved Purpose: Detailed description of the permitted use of the confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality agreement for authorized recipients to sign

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

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Manufacturing

Research & Development

Professional Services

Financial Services

Entertainment & Media

Healthcare

Defense & Aerospace

Software Development

Consumer Products

Industrial Design

Energy & Resources

Telecommunications

Relevant Teams

Legal

Research & Development

Innovation

Product Development

Business Development

Executive Leadership

Human Resources

Information Technology

Procurement

Strategic Planning

Corporate Development

Intellectual Property

Commercial Operations

Engineering

Scientific Research

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Chief Legal Officer

Research Director

Product Manager

Business Development Manager

Intellectual Property Lawyer

Corporate Counsel

Innovation Manager

Project Manager

Research Scientist

Technical Director

Commercial Manager

Investment Manager

Partnership Manager

Procurement Manager

HR Director

Strategy Consultant

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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