Non Disclosure Agreement For Technology Company Template for Indonesia

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Key Requirements PROMPT example:

Non Disclosure Agreement For Technology Company

"I need a Non Disclosure Agreement For Technology Company to protect our AI algorithms and source code when sharing them with a potential investor from Singapore, ensuring compliance with Indonesian law and including specific provisions for cross-border data transfers."

Document background

The Non-Disclosure Agreement For Technology Company is essential for protecting sensitive technical and business information in Indonesia's rapidly growing technology sector. This document is typically used when technology companies need to share confidential information with potential partners, employees, contractors, or investors while ensuring legal protection under Indonesian law. The agreement covers various types of confidential information including source code, technical specifications, business strategies, and intellectual property, while complying with key Indonesian regulations such as the Trade Secrets Law and Electronic Information and Transactions Law. It includes specific provisions for digital asset protection, data security requirements, and electronic information handling, making it particularly relevant for technology companies operating in or entering the Indonesian market. The document is structured to provide comprehensive protection while remaining flexible enough to accommodate various types of technology-related business relationships and transactions.

Suggested Sections

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

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

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Trade Secrets', 'Authorized Representatives', and other relevant technical terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information, including technical data, trade secrets, software, algorithms, and business information

5. Obligations of Receiving Party: Core confidentiality obligations, including protection measures, restricted use, and non-disclosure requirements

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

7. Security Measures: Specific security protocols and measures required for protecting confidential information, especially electronic data

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

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Breach and Remedies: Consequences of breach and available legal remedies under Indonesian law

11. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for dispute resolution

12. General Provisions: Standard clauses including severability, amendments, and entire agreement provisions

Optional Sections

1. Intellectual Property Rights: Additional provisions specifically protecting IP rights when the confidential information includes patentable innovations or copyrightable works

2. Data Protection Compliance: Specific provisions for compliance with Indonesian data protection laws when personal data is involved

3. Non-Solicitation: Restrictions on soliciting employees or customers, recommended when parties are competitors or in similar industries

4. Publicity and Announcements: Controls on public statements about the relationship, useful for high-profile companies or sensitive collaborations

5. Source Code Protection: Special provisions for protecting software source code, relevant when sharing technical code or algorithms

6. Cloud Storage and International Transfer: Specific provisions for data stored in cloud services or transferred internationally

7. Audit Rights: Rights to audit compliance with the NDA, useful for high-value or high-risk information sharing

Suggested Schedules

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: Detailed technical and organizational security measures required for protecting the confidential information

4. Schedule 4 - Approved Subcontractors: List of approved third parties who may have access to confidential information

5. Appendix A - Data Handling Procedures: Step-by-step procedures for handling, storing, and disposing of confidential information

6. Appendix B - Incident Response Plan: Procedures to follow in case of unauthorized disclosure or security breach

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Information Technology

Software Development

Cloud Computing

Artificial Intelligence

Cybersecurity

E-commerce

Financial Technology

Healthcare Technology

Educational Technology

Digital Media

Telecommunications

Internet of Things

Data Analytics

Digital Banking

Mobile Applications

Enterprise Software

Relevant Teams

Legal

Information Technology

Software Development

Research & Development

Information Security

Human Resources

Procurement

Business Development

Product Development

Operations

Data Analytics

Infrastructure

Quality Assurance

Innovation

Compliance

Executive Leadership

Relevant Roles

Chief Technology Officer

Chief Information Officer

IT Director

Software Development Manager

Project Manager

System Administrator

Software Engineer

Data Scientist

Security Officer

Legal Counsel

Compliance Officer

Business Development Manager

Product Manager

Research & Development Director

Technical Lead

DevOps Engineer

HR Director

Procurement Manager

Technology Consultant

Innovation Manager

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