This Mutual NDA Agreement is essential for business relationships where both parties need to share sensitive information while ensuring legal protection under Hong Kong law. The document is commonly used before entering into detailed business discussions, joint ventures, potential mergers or acquisitions, or collaborative projects. It covers various types of confidential information including trade secrets, technical data, business strategies, customer information, and intellectual property. The agreement incorporates specific provisions required by Hong Kong legislation and common law principles, making it suitable for both domestic and international business relationships where Hong Kong law governs. The mutual nature of the agreement ensures that both parties have equal obligations and protections when sharing and receiving confidential information.
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1. Parties: Identification of all parties entering into the agreement, including registered addresses and company numbers
2. Background: Context of the agreement and 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 mutual obligations regarding protection and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and professional advisors
7. Security Measures: Required procedures and safeguards for protecting confidential information
8. Return or Destruction of Confidential Information: Obligations regarding 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 clauses including governing law, jurisdiction, and entire agreement
1. Data Privacy Compliance: Required when confidential information includes personal data subject to the Personal Data (Privacy) Ordinance
2. Intellectual Property Rights: Needed when confidential information includes IP or when IP might be created during the relationship
3. Non-Solicitation: Optional protection against poaching of employees or clients, common in business relationships
4. Non-Competition: Used when parties are competitors or might become competitors
5. Export Control: Required when confidential information might be subject to international export control regulations
6. Force Majeure: Optional clause for circumstances preventing compliance with obligations
7. Insurance Requirements: Used in high-value or high-risk information sharing arrangements
1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for which confidential information may be used
2. Schedule 2 - Security Protocols: Specific security measures and procedures required for protecting confidential information
3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
4. Schedule 4 - Information Classification: Categories of confidential information and their respective handling requirements
5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality agreement for representatives or third parties
Relevant legal definitions
Affiliate
Agreement
Authorized Purpose
Authorized Representative
Business Day
Confidential Information
Disclosing Party
Effective Date
Group
Information Security Breach
Intellectual Property Rights
Notice
Permitted Recipients
Personal Data
Receiving Party
Representatives
Security Requirements
Subsidiary
Term
Third Party
Trade Secrets
Working Hours
Agreement
Authorized Purpose
Authorized Representative
Business Day
Confidential Information
Disclosing Party
Effective Date
Group
Information Security Breach
Intellectual Property Rights
Notice
Permitted Recipients
Personal Data
Receiving Party
Representatives
Security Requirements
Subsidiary
Term
Third Party
Trade Secrets
Working Hours
Clauses
Interpretation
Definitions
Confidentiality Obligations
Permitted Use
Permitted Disclosure
Information Security
Return or Destruction of Information
Data Privacy
Term and Termination
Survival
Remedies
Indemnification
Notice
Assignment
Third Party Rights
Severability
Variation
Waiver
Entire Agreement
Counterparts
Governing Law
Jurisdiction
Force Majeure
Costs
Definitions
Confidentiality Obligations
Permitted Use
Permitted Disclosure
Information Security
Return or Destruction of Information
Data Privacy
Term and Termination
Survival
Remedies
Indemnification
Notice
Assignment
Third Party Rights
Severability
Variation
Waiver
Entire Agreement
Counterparts
Governing Law
Jurisdiction
Force Majeure
Costs
Relevant Industries
Technology
Financial Services
Manufacturing
Healthcare
Professional Services
Research & Development
Biotechnology
Real Estate
Retail
Energy
Telecommunications
Education
Media & Entertainment
Consulting
Aerospace & Defense
Relevant Teams
Legal
Compliance
Business Development
Research & Development
Executive Leadership
Information Technology
Human Resources
Procurement
Corporate Development
Operations
Information Security
Risk Management
Strategy
Finance
Relevant Roles
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Compliance Officer
Business Development Manager
Project Manager
Research Director
Chief Technology Officer
Chief Financial Officer
Procurement Manager
Human Resources Director
Investment Manager
Operations Director
Partnership Manager
Intellectual Property Counsel
Contract Manager
Chief Information Security Officer
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