Confidentiality And Non Circumvention Agreement for Hong Kong

Confidentiality And Non Circumvention Agreement Template for Hong Kong

A comprehensive legal document governed by Hong Kong law that serves two primary purposes: protecting confidential information shared between parties and preventing circumvention in business relationships. The agreement incorporates Hong Kong common law principles and relevant ordinances, particularly regarding data privacy and trade secrets. It establishes clear obligations for handling sensitive information, defines permitted uses, and includes specific provisions for non-circumvention to prevent parties from bypassing each other in business dealings. The document includes robust enforcement mechanisms and remedies available under Hong Kong jurisdiction.

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What is a Confidentiality And Non Circumvention Agreement?

The Confidentiality and Non-Circumvention Agreement is essential for businesses operating in Hong Kong's dynamic commercial environment where protection of sensitive information and business relationships is crucial. This document is typically used when parties are exploring potential business opportunities, conducting due diligence, or entering into negotiations where confidential information needs to be shared. It combines confidentiality provisions with non-circumvention clauses to prevent parties from using the disclosed information to bypass the disclosing party in future business dealings. The agreement is structured to comply with Hong Kong's common law system and relevant ordinances, including the Personal Data (Privacy) Ordinance and principles of equity relating to confidential information. It's particularly relevant in today's interconnected business environment where information protection and relationship integrity are paramount.

What sections should be included in a Confidentiality And Non Circumvention Agreement?

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

2. Background: Sets out the context and purpose of the agreement, including the nature of the business relationship

3. Definitions: Defines key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and 'Trade Secrets'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Confidentiality Obligations: Core obligations regarding the protection, non-disclosure, and permitted uses of confidential information

6. Non-Circumvention Obligations: Provisions preventing parties from bypassing each other in business dealings related to the confidential information

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

8. Security Measures: Required procedures and safeguards for protecting confidential information

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

10. Term and Survival: Duration of the agreement and which obligations survive termination

11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

12. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and variation

What sections are optional to include in a Confidentiality And Non Circumvention Agreement?

1. Data Privacy Compliance: Additional provisions for compliance with PDPO when confidential information includes personal data

2. Intellectual Property Rights: Clarification of IP ownership and licensing when confidential information includes IP

3. Non-Solicitation: Prevents poaching of employees or clients, often included in business relationships

4. Assignment and Succession: Rules for transferring rights under the agreement, important for corporate restructuring

5. Digital Security Measures: Specific provisions for protecting digital confidential information and cybersecurity requirements

6. Conflict Resolution: Alternative dispute resolution procedures such as mediation before litigation

7. Force Majeure: Provisions for handling confidential information during unexpected events or emergencies

What schedules should be included in a Confidentiality And Non Circumvention Agreement?

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

3. Schedule 3 - Security Protocols: Specific security measures and procedures to be followed

4. Schedule 4 - Permitted Purpose: Detailed description of the specific business purpose for which confidential information may be used

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives or third parties

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

Hong Kong

Publisher

Genie AI

Cost

Free to use
Relevant Industries

Technology & Software

Manufacturing

Financial Services

Professional Services

Healthcare & Biotechnology

Real Estate & Construction

Retail & Consumer Goods

Energy & Resources

Media & Entertainment

Telecommunications

Education & Training

Research & Development

Import/Export

Logistics & Supply Chain

Relevant Teams

Legal

Corporate Development

Executive Leadership

Business Development

Research & Development

Operations

Procurement

Finance

Information Technology

Compliance

Risk Management

Strategy

Innovation

Corporate Secretariat

Mergers & Acquisitions

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

General Counsel

Legal Director

Commercial Director

Business Development Manager

Project Manager

Investment Manager

Research Director

Head of Operations

Chief Technology Officer

Procurement Manager

Strategic Partnership Manager

Compliance Officer

Risk Manager

Company Secretary

Managing Director

VP of Business Development

Innovation Director

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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