Non Disclosure Agreement For Startups for Indonesia

Non Disclosure Agreement For Startups Template for Indonesia

A comprehensive Non-Disclosure Agreement template specifically designed for startups operating in Indonesia, compliant with Indonesian law including Law No. 30 of 2000 on Trade Secrets and the Indonesian Civil Code. This document provides robust protection for confidential information while addressing the unique needs of startup companies, including provisions for protecting intellectual property, trade secrets, business plans, and proprietary technology. The agreement is structured to be flexible enough for use with various stakeholders including investors, partners, employees, and service providers, while maintaining enforceability under Indonesian jurisdiction.

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What is a Non Disclosure Agreement For Startups?

This Non-Disclosure Agreement For Startups is essential for Indonesian startup companies seeking to protect their confidential information while engaging with various stakeholders in their business ecosystem. The document is crafted in accordance with Indonesian law, particularly Law No. 30 of 2000 on Trade Secrets and the Indonesian Civil Code, making it suitable for use in business operations throughout Indonesia. It addresses the specific needs of startups by providing comprehensive protection for sensitive information such as business plans, technological innovations, customer data, and proprietary methodologies. The agreement is particularly relevant in contexts such as fundraising discussions, partnership negotiations, employee onboarding, and service provider engagements, where confidential information needs to be shared while maintaining proper legal safeguards.

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

1. Parties: Identification of the parties entering into the agreement, including full legal names, addresses, and company registration details as per Indonesian law

2. Background: Context of the agreement, including the purpose of sharing confidential information and the nature of the business relationship

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Trade Secrets', 'Permitted Purpose', and other relevant terms

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

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

6. Permitted Uses and Disclosures: Specific circumstances under which confidential information may be used or disclosed

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

8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request

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

10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes

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

1. Non-Solicitation: Prevents poaching of employees or clients, recommended when sharing sensitive personnel or customer information

2. Data Protection Compliance: Specific provisions for handling personal data, necessary when confidential information includes personal data

3. Intellectual Property Rights: Clarification of IP ownership and rights, important for technology startups or when sharing technical information

4. Representatives and Permitted Recipients: Defines who within the receiving organization may access the confidential information, useful for larger organizations

5. Security Measures: Specific technical and organizational measures required for protecting confidential information, important for digital assets

6. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term NDAs

7. Insurance Requirements: Obligations to maintain specific insurance coverage, relevant for high-value confidential information

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

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 individuals authorized to receive and handle confidential information

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

4. Appendix A - Confidentiality Acknowledgment Form: Form to be signed by individual employees or representatives who will have access to confidential information

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

Indonesia

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology

E-commerce

Financial Technology

Healthcare Technology

Education Technology

Logistics

Digital Services

Renewable Energy

Food and Beverage Technology

Agriculture Technology

Manufacturing

Professional Services

Media and Entertainment

Retail Technology

Biotechnology

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Operations

Finance

Technology

Research and Development

Product Development

Compliance

Innovation

Strategic Planning

Investment Relations

Information Security

Relevant Roles

CEO

Founder

Co-founder

Chief Technology Officer

Legal Counsel

Business Development Manager

Human Resources Director

Chief Financial Officer

Product Manager

Operations Manager

Investment Manager

Partnership Manager

Innovation Director

Technology Lead

Compliance Officer

Risk 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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