Non Disclosure Agreement For Suppliers for Hong Kong

Non Disclosure Agreement For Suppliers Template for Hong Kong

A comprehensive Non-Disclosure Agreement (NDA) designed for supplier relationships under Hong Kong law, providing robust protection for confidential information shared in the course of business operations. The agreement incorporates key provisions aligned with Hong Kong's common law system and relevant ordinances, including the Personal Data (Privacy) Ordinance where applicable. It establishes clear obligations for suppliers regarding the handling, protection, and non-disclosure of sensitive business information, while providing flexible mechanisms for permitted disclosures and specific security requirements tailored to different types of supplier relationships.

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What is a Non Disclosure Agreement For Suppliers?

This Non-Disclosure Agreement For Suppliers is essential for businesses operating in Hong Kong that need to share sensitive information with their suppliers while maintaining confidentiality and legal protection. The document is particularly relevant in today's interconnected business environment where suppliers often require access to proprietary information, trade secrets, technical specifications, or sensitive business data. Designed to comply with Hong Kong's legal framework, including common law principles and relevant ordinances, this agreement provides comprehensive protection while remaining flexible enough to accommodate various types of supplier relationships. It includes specific provisions for data protection, security measures, and enforcement mechanisms, making it suitable for both local and international supplier relationships where Hong Kong law governs the arrangement.

What sections should be included in a Non Disclosure Agreement For Suppliers?

1. Parties: Identification of the disclosing party (company) and receiving party (supplier), including full legal names and registered addresses

2. Background: Context of the relationship between parties and purpose of sharing confidential information

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

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

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Security Measures: Required security measures for protecting 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 surviving obligations after termination

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

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

What sections are optional to include in a Non Disclosure Agreement For Suppliers?

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

2. Intellectual Property Rights: Specific provisions protecting IP rights when confidential information includes proprietary technology or trade secrets

3. Non-Competition: Restrictions on competitive activities, used when supplier may gain competitive advantage from confidential information

4. Audit Rights: Right to audit supplier's compliance with confidentiality obligations, useful for highly sensitive information

5. Insurance Requirements: Obligations to maintain specific insurance coverage, relevant for high-risk relationships

6. Cross-Border Transfer Restrictions: Additional provisions for international suppliers handling data across borders

What schedules should be included in a Non Disclosure Agreement For Suppliers?

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

2. Schedule 2 - Authorized Representatives: List of authorized personnel who may access confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information

4. Appendix A - Data Handling Procedures: Detailed procedures for handling, storing, and transmitting confidential information

5. Appendix B - Incident Response Plan: Procedures for reporting and responding to potential breaches or unauthorized disclosures

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 legal definitions
Relevant Industries

Manufacturing

Technology

Financial Services

Professional Services

Healthcare

Retail

Logistics

Telecommunications

Construction

Research and Development

Pharmaceuticals

Electronics

Consumer Goods

Industrial Services

Relevant Teams

Legal

Procurement

Supply Chain

Compliance

Risk Management

Information Security

Operations

Research and Development

Information Technology

Vendor Management

Project Management

Manufacturing

Quality Assurance

Relevant Roles

Procurement Manager

Legal Counsel

Supply Chain Director

Vendor Management Officer

Chief Operating Officer

Compliance Officer

Contract Manager

Risk Manager

Chief Technology Officer

Information Security Officer

Operations Manager

Project Manager

Business Development Manager

Research Director

Manufacturing 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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