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Non Disclosure Agreement Due Diligence
"I need a Non Disclosure Agreement Due Diligence for a potential acquisition of a Belgian tech startup, with strict data protection provisions for accessing their source code and customer database in a virtual data room starting March 2025."
1. Parties: Identification of the disclosing party and receiving party, including full legal names, registration numbers, and registered addresses
2. Background: Context of the due diligence process and purpose of the NDA
3. Definitions: Definitions of key terms including Confidential Information, Due Diligence Process, Permitted Purpose, Representatives, and Affiliates
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the context of the due diligence
5. Obligations of Confidentiality: Core confidentiality obligations and permitted uses of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed to representatives and third parties
7. Security Measures: Required measures for protecting and securing confidential information
8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information after the due diligence process
9. Duration of Obligations: Term of the agreement and survival of confidentiality obligations
10. General Provisions: Standard provisions including governing law, jurisdiction, entire agreement, and amendments
1. Data Protection Compliance: Specific provisions addressing GDPR compliance when personal data is involved in the due diligence
2. Clean Room Procedures: Procedures for handling particularly sensitive information in a controlled environment
3. Insider Trading Prevention: Required for listed companies to prevent misuse of price-sensitive information
4. Non-Solicitation: Restrictions on soliciting employees or customers, often included in M&A due diligence
5. Intellectual Property Rights: Specific provisions protecting IP rights when technology or IP-heavy assets are involved
6. Competition Law Compliance: Required when sharing competitively sensitive information between competitors
1. List of Authorized Representatives: Schedule listing all individuals authorized to access confidential information
2. Data Room Rules: Specific procedures and rules for accessing and using the due diligence data room
3. Information Security Requirements: Detailed technical and organizational measures required for protecting confidential information
4. Clean Room Protocols: Detailed procedures for clean room access and usage, if applicable
Authors
Due Diligence Process
Permitted Purpose
Representatives
Affiliates
Data Room
Clean Room
Disclosing Party
Receiving Party
Personal Data
Trade Secrets
Authorized Recipients
Business Day
Confidentiality Period
Group
Material Transaction
Professional Advisers
Project
Evaluation
Permitted Disclosures
Security Requirements
Transaction Documents
Virtual Data Room
Working Papers
Permitted Use
Permitted Disclosure
Information Security
Return or Destruction of Information
Data Protection
Term and Survival
Non-Solicitation
Clean Room Access
Insider Trading Prevention
Intellectual Property Rights
Representatives' Obligations
Remedies
No License Grant
No Warranty
Governing Law and Jurisdiction
Notices
Assignment
Severability
Entire Agreement
Amendments
Third Party Rights
Force Majeure
Costs
Manufacturing
Technology
Healthcare
Financial Services
Real Estate
Energy
Retail
Professional Services
Telecommunications
Life Sciences
Automotive
Consumer Goods
Legal
Corporate Development
Mergers & Acquisitions
Finance
Information Security
Compliance
Executive Leadership
Business Development
Data Protection
Strategy
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Development Director
M&A Manager
Due Diligence Coordinator
Legal Counsel
Investment Director
Business Development Manager
Data Protection Officer
Information Security Manager
Corporate Secretary
Finance Director
Strategy Director
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