Reciprocal NDA Template for Belgium

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Key Requirements PROMPT example:

Reciprocal NDA

"I need a Reciprocal NDA governed by Belgian law for a potential joint venture between our biotech company and a research institution, with special attention to intellectual property protection and research data confidentiality."

Document background
A Reciprocal NDA under Belgian law is essential when two organizations need to share sensitive information during business discussions, negotiations, or collaborative projects. This document type is particularly relevant when both parties possess valuable confidential information that requires protection, such as trade secrets, technical know-how, customer data, or business strategies. The agreement must comply with Belgian legal requirements, including the Belgian Code of Economic Law's provisions on trade secrets and the EU General Data Protection Regulation (GDPR) as implemented in Belgian law. It establishes mutual obligations for information protection, defines permitted uses, and outlines consequences of breach under Belgian jurisdiction.
Suggested Sections

1. Parties: Identification of all contracting parties with full legal names and registered addresses

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

3. Definitions: Definitions of key terms including 'Confidential Information', 'Trade Secrets', 'Permitted Purpose', and 'Authorized Recipients'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information for both parties

5. Mutual Obligations of Confidentiality: Core confidentiality obligations and standard of care required from both parties

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, and as required by law

7. Data Protection and Processing: GDPR compliance provisions and data handling requirements

8. Security Measures: Required security measures for protecting confidential information

9. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

10. Duration and Termination: Term of the agreement and survival of obligations

11. Breach and Remedies: Consequences of breach and available remedies under Belgian law

12. General Provisions: Standard clauses including notices, amendments, severability, and entire agreement

13. Governing Law and Jurisdiction: Confirmation of Belgian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Solicitation: Optional restrictions on soliciting employees or customers, included when parties want to prevent poaching

2. Specific Security Protocols: Detailed security requirements, included when handling particularly sensitive information or in regulated industries

3. Audit Rights: Rights to audit compliance with the NDA, included for highly sensitive information or regulatory requirements

4. Insurance Requirements: Specific insurance obligations, included when handling high-risk or valuable information

5. Third Party Rights: Rights of third parties under the agreement, included when third party information is involved

6. Force Majeure: Provisions for unforeseen circumstances, included for long-term NDAs or specific risk scenarios

7. Language Requirements: Provisions regarding official language versions, included when parties operate in multiple languages

Suggested Schedules

1. Schedule 1 - Authorized Recipients: List of individuals or roles authorized to access confidential information

2. Schedule 2 - Security Protocols: Detailed technical and organizational security measures required

3. Schedule 3 - Specific Categories of Confidential Information: Detailed categorization of different types of confidential information

4. Appendix A - Data Processing Requirements: Specific GDPR-related data processing obligations and procedures

5. Appendix B - 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

Relevant legal definitions
Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Research & Development

Telecommunications

Biotechnology

Energy

Real Estate

Consumer Goods

Education

Automotive

Pharmaceuticals

Construction

Media & Entertainment

Relevant Teams

Legal

Business Development

Research & Development

Executive Leadership

Procurement

Information Technology

Corporate Development

Operations

Finance

Innovation

Commercial

Partnerships

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Business Development Director

Chief Technology Officer

Research Director

Partnership Manager

Innovation Manager

Project Manager

Procurement Manager

Commercial Director

Chief Financial Officer

Operations Director

Investment Manager

Corporate Development Manager

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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