This Standard Confidentiality Agreement is essential for businesses and individuals operating under Danish jurisdiction who need to protect sensitive information during business discussions, negotiations, or ongoing commercial relationships. The agreement is specifically drafted to comply with Danish legal requirements, including the Danish Contracts Act, Trade Secrets Act, and where applicable, the Danish Data Protection Act. It covers various types of confidential information including trade secrets, technical know-how, business strategies, customer data, and proprietary information. This template is particularly useful for initial business discussions, due diligence processes, service provider relationships, and other situations where sensitive information needs to be shared while maintaining strict confidentiality. The agreement includes comprehensive provisions for information protection while remaining flexible enough to adapt to specific business needs.
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Key Requirements PROMPT example:
Standard Confidentiality Agreement
I need a Standard Confidentiality Agreement under Danish law for my tech startup to protect our intellectual property while discussing potential investment opportunities with venture capital firms, with the agreement to be effective from March 1, 2025.
1. Parties: Identification of the disclosing and receiving parties, including full legal names and registration details
2. Background: Context of the agreement and the purpose for sharing confidential information
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and by legal requirement
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 upon termination or request
9. Duration and Survival: Term of the agreement and which obligations survive termination
10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
11. General Provisions: Standard boilerplate provisions including governing law, jurisdiction, and entire agreement
1. Data Protection Compliance: Specific provisions for compliance with GDPR and Danish Data Protection Act when personal data is involved
2. Intellectual Property Rights: Clarification that the agreement does not transfer any IP rights, used when confidential information includes IP
3. Non-Solicitation: Restrictions on soliciting employees or customers, included when there's a specific business relationship context
4. Export Control: Provisions regarding compliance with export control laws, used when information may be subject to international transfer restrictions
5. Competitive Activities: Provisions clarifying whether receiving party can engage in competitive activities, used in business partnership contexts
6. Residual Knowledge: Provisions addressing use of retained knowledge, included when receiving party needs to protect legitimate business interests
1. Schedule 1 - Description of Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used
2. Schedule 2 - Security Requirements: Specific technical and organizational security measures required for protecting confidential information
3. Schedule 3 - Authorized Representatives: List of authorized representatives who may access confidential information
4. Appendix A - Categories of Confidential Information: Detailed listing of specific categories or types of confidential information covered
Authors
Relevant legal definitions
Confidential Information
Disclosing Party
Receiving Party
Permitted Purpose
Affiliate
Agreement
Business Day
Confidentiality Period
Effective Date
Representatives
Personal Data
Trade Secret
Proprietary Information
Security Requirements
Authorized Recipients
Group Company
Intellectual Property Rights
Permitted Disclosures
Technical Information
Commercial Information
Material Breach
Residual Information
Force Majeure Event
Working Hours
Notice
Disclosing Party
Receiving Party
Permitted Purpose
Affiliate
Agreement
Business Day
Confidentiality Period
Effective Date
Representatives
Personal Data
Trade Secret
Proprietary Information
Security Requirements
Authorized Recipients
Group Company
Intellectual Property Rights
Permitted Disclosures
Technical Information
Commercial Information
Material Breach
Residual Information
Force Majeure Event
Working Hours
Notice
Clauses
Confidentiality Obligations
Permitted Use
Information Protection
Return of Information
Data Protection
Term and Termination
Breach and Remedies
Governing Law
Dispute Resolution
Force Majeure
Assignment
Notices
Severability
Entire Agreement
Amendments
Third Party Rights
Security Measures
Permitted Disclosures
Survival
Intellectual Property
Non-Solicitation
Representations and Warranties
Costs
Counterparts
Permitted Use
Information Protection
Return of Information
Data Protection
Term and Termination
Breach and Remedies
Governing Law
Dispute Resolution
Force Majeure
Assignment
Notices
Severability
Entire Agreement
Amendments
Third Party Rights
Security Measures
Permitted Disclosures
Survival
Intellectual Property
Non-Solicitation
Representations and Warranties
Costs
Counterparts
Relevant Industries
Technology
Manufacturing
Professional Services
Healthcare
Financial Services
Research & Development
Biotechnology
Energy
Retail
Real Estate
Construction
Education
Telecommunications
Media & Entertainment
Logistics & Transportation
Relevant Teams
Legal
Compliance
Human Resources
Business Development
Research & Development
Procurement
Executive Leadership
Operations
Finance
Risk Management
Information Technology
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
Operations Manager
Investment Manager
Chief Financial Officer
Compliance Officer
Risk Manager
Department Head
Contract Administrator
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