The Indefinite Confidentiality Agreement is essential for businesses operating under Danish law who need to protect sensitive information without a predetermined expiration date. It is particularly relevant for situations involving trade secrets, proprietary technology, or valuable business information that requires long-term protection. The agreement complies with Danish trade secrets legislation (Lov om forretningshemmeligheder) and the Danish Contracts Act (Aftaleloven), while also considering EU regulations where applicable. This document is commonly used in business negotiations, strategic partnerships, joint ventures, and other collaborative arrangements where confidential information needs perpetual protection. It includes comprehensive provisions for maintaining confidentiality, permitted uses, security measures, and enforcement mechanisms, all specifically adapted to Danish legal requirements and business practices.
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Key Requirements PROMPT example:
Indefinite Confidentiality Agreement
I need an Indefinite Confidentiality Agreement under Danish law for a technology startup sharing sensitive AI algorithms with a potential manufacturing partner in March 2025, with special attention to technical data protection and export control provisions.
1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement and the purpose for sharing confidential information
3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding use, protection, and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and when required by law
7. Security Measures: Required measures for protecting and securing confidential information
8. Return or Destruction: Obligations regarding the return or destruction of confidential information upon request or termination
9. Duration and Survival: Specification of the indefinite nature of obligations and which provisions survive termination
10. Breach and Remedies: Consequences of breach, including remedies and indemnification
11. General Provisions: Standard provisions including governing law, jurisdiction, amendments, and severability
1. Data Protection: Required when confidential information includes personal data, addressing GDPR compliance
2. Intellectual Property: Include when confidential information involves IP rights or when development of new IP is contemplated
3. Non-Competition: Add when there's a need to prevent use of confidential information for competitive purposes
4. Export Control: Include for international agreements where information may be subject to export control regulations
5. Insider Trading: Required when confidential information may include market-sensitive information
6. Assignment and Succession: Include for corporate entities where ownership changes may occur
7. Representatives' Obligations: Detailed section when numerous employees or agents will have access to confidential information
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific technical and organizational measures required for protecting confidential information
4. Appendix A - Form of Representative Undertaking: Template for individual confidentiality undertakings by representatives
Authors
Relevant legal definitions
Confidential Information
Disclosing Party
Receiving Party
Representatives
Permitted Purpose
Affiliate
Business Day
Trade Secret
Confidential Materials
Security Requirements
Authorized Recipients
Personal Data
Technical Information
Proprietary Information
Intellectual Property Rights
Group Company
Control
Copies
Derived Information
Information Security Incident
Permitted Disclosure
Professional Advisers
Related Persons
Security Measures
Third Party
Working Hours
Disclosing Party
Receiving Party
Representatives
Permitted Purpose
Affiliate
Business Day
Trade Secret
Confidential Materials
Security Requirements
Authorized Recipients
Personal Data
Technical Information
Proprietary Information
Intellectual Property Rights
Group Company
Control
Copies
Derived Information
Information Security Incident
Permitted Disclosure
Professional Advisers
Related Persons
Security Measures
Third Party
Working Hours
Clauses
Definitions
Confidentiality Obligations
Non-Disclosure
Information Security
Permitted Use
Return of Information
Data Protection
Breach Notification
Duration
Survival
Remedies
Indemnification
Assignment
Third Party Rights
Entire Agreement
Severability
Notices
Governing Law
Jurisdiction
Force Majeure
Amendments
Waiver
Costs
Counterparts
Confidentiality Obligations
Non-Disclosure
Information Security
Permitted Use
Return of Information
Data Protection
Breach Notification
Duration
Survival
Remedies
Indemnification
Assignment
Third Party Rights
Entire Agreement
Severability
Notices
Governing Law
Jurisdiction
Force Majeure
Amendments
Waiver
Costs
Counterparts
Relevant Industries
Technology
Manufacturing
Professional Services
Healthcare
Financial Services
Research & Development
Biotechnology
Energy
Telecommunications
Consumer Goods
Industrial Products
Media & Entertainment
Relevant Teams
Legal
Executive Leadership
Business Development
Research & Development
Information Technology
Human Resources
Finance
Operations
Procurement
Intellectual Property
Compliance
Corporate Strategy
Innovation
Relevant Roles
Chief Executive Officer
Legal Counsel
Business Development Manager
Chief Technology Officer
Research Director
Project Manager
Investment Manager
Operations Director
Chief Financial Officer
Procurement Manager
Human Resources Director
Intellectual Property Manager
Innovation Manager
Strategic Partnerships Director
Compliance Officer
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