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Broker NDA
"I need a Broker NDA under Indonesian law for our Jakarta-based real estate company to engage with international property brokers starting January 2025, with specific provisions for handling digital property portfolios and cross-border information sharing."
1. Parties: Identification of the principal company and the broker, including complete legal names, registration numbers, and addresses
2. Background: Context of the brokerage relationship and need for confidentiality protection
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Authorized Representatives', 'Brokerage Services'
4. Scope of Brokerage Services: Clear definition of the broker's role, responsibilities, and authorized activities
5. Confidentiality Obligations: Core confidentiality duties, including use restrictions, security measures, and non-disclosure requirements
6. Permitted Disclosures: Circumstances under which confidential information may be shared and the process for such sharing
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Term and Termination: Duration of the agreement and circumstances for termination
9. Breach and Remedies: Consequences of breach and available legal remedies
10. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments
1. Electronic Information Systems: Specific provisions for handling digital confidential information, required if electronic systems are used extensively
2. International Transfer of Information: Additional provisions required if confidential information will be transferred across borders
3. Broker Commission Structure: Details of compensation arrangements, if not covered in a separate agreement
4. Intellectual Property Rights: Specific provisions regarding IP ownership and licenses, if relevant to the brokerage relationship
5. Insurance Requirements: Specific insurance obligations for the broker, if required by the nature of services
6. Data Protection Compliance: Specific provisions addressing compliance with Indonesian data protection laws, if personal data is involved
1. Schedule 1 - Description of Confidential Information: Detailed categorization and description of protected confidential information
2. Schedule 2 - Permitted Purpose: Detailed description of the authorized uses of confidential information
3. Schedule 3 - Authorized Representatives: List of individuals authorized to access confidential information
4. Schedule 4 - Security Protocols: Specific security measures and protocols for handling confidential information
5. Schedule 5 - Broker Services Scope: Detailed description of brokerage services and activities
6. Appendix A - Standard Non-Disclosure Undertaking: Template undertaking for authorized representatives or third parties
Authors
Authorized Purpose
Authorized Recipients
Broker
Broker Services
Business Day
Confidential Information
Disclosing Party
Effective Date
Group Companies
Laws
Party/Parties
Permitted Purpose
Principal
Principal's Business
Professional Advisers
Receiving Party
Representatives
Security Requirements
Subsidiary
Term
Trade Secrets
Unauthorized Disclosure
Working Hours
Appointment
Scope of Services
Confidentiality
Non-Disclosure
Information Security
Data Protection
Permitted Disclosures
Return of Information
Non-Circumvention
Non-Competition
Term and Duration
Termination
Representations and Warranties
Indemnification
Liability
Force Majeure
Assignment
Severability
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Counterparts
Costs
Language
Real Estate
Financial Services
Insurance
Commodities Trading
Import/Export
Manufacturing
Technology
Energy
Agriculture
Maritime
Mining
Construction
Healthcare
Telecommunications
Legal
Compliance
Business Development
Operations
Risk Management
Commercial
Finance
Sales
Strategic Partnerships
Corporate Security
Information Security
Procurement
Chief Executive Officer
Business Development Manager
Legal Counsel
Compliance Officer
Risk Manager
Broker Relations Manager
Commercial Director
Chief Financial Officer
Operations Manager
Contract Manager
Business Broker
Deal Manager
Strategic Partnerships Director
Sales Director
Chief Legal Officer
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