Non Disclosure Agreement For It Company for India

Non Disclosure Agreement For It Company Template for India

A comprehensive Non-Disclosure Agreement (NDA) designed specifically for IT companies operating under Indian jurisdiction, governed by the Indian Contract Act, 1872, and the Information Technology Act, 2000. This agreement provides robust protection for confidential information, including source code, technical specifications, client data, and trade secrets. It incorporates specific provisions for digital assets and electronic information, with consideration for Indian cyber laws and data protection requirements. The document includes detailed clauses for intellectual property protection, data security measures, and breach remedies, tailored to meet the unique challenges faced by IT companies in India.

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What is a Non Disclosure Agreement For It Company?

The Non-Disclosure Agreement For IT Company is a critical legal document designed for technology businesses operating in India's rapidly growing IT sector. This agreement becomes essential when IT companies need to protect sensitive information during business relationships, project discussions, or service delivery. The document is structured to comply with Indian legal requirements, including the Indian Contract Act, 1872, and the Information Technology Act, 2000, while addressing specific IT industry concerns such as source code protection, technical documentation, and client data confidentiality. It's particularly relevant for software development, IT consulting, and technology service arrangements where proprietary information, trade secrets, and intellectual property need robust protection. The agreement includes provisions for both physical and digital information security, making it suitable for modern IT operations involving cloud computing, software development, and digital services.

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

1. Parties: Identification of the disclosing and receiving parties, including registered addresses and company details

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

3. Definitions: Detailed definitions of key terms including 'Confidential Information', 'Trade Secrets', 'Intellectual Property Rights', and 'Permitted Purpose'

4. Scope of Confidentiality: Detailed description of what constitutes confidential information and excluded information

5. Obligations of Receiving Party: Core confidentiality obligations, security measures, and standard of care required

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

7. Protection of Information: Specific measures required to protect confidential information, including IT security requirements

8. Intellectual Property Rights: Confirmation that IP rights remain with the disclosing party and conditions for usage

9. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon termination or request

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

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

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

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

1. Data Protection Compliance: Additional provisions for handling personal data and compliance with data protection laws

2. Third Party Rights: Rights of third parties in relation to the confidential information, needed when third party information might be shared

3. Non-Solicitation: Restrictions on soliciting employees or clients, recommended for business-critical relationships

4. Survival Clause: Specifying which obligations survive termination, important for long-term protection

5. Assignment Rights: Rights to assign the agreement to other parties, useful in case of corporate restructuring

6. Multi-Party Obligations: Additional provisions for agreements involving multiple parties or group companies

7. Export Control: Provisions for international data transfer restrictions, needed for cross-border relationships

8. Source Code Protection: Specific provisions for protecting software source code, essential for software development companies

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

1. Schedule 1 - Specified 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 or handle confidential information

3. Schedule 3 - Security Protocols: Specific technical and organizational security measures required

4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific business purpose for which confidential information may be used

5. Appendix A - Information Return Form: Template for documenting the return or destruction of confidential information

6. Appendix B - Confidentiality Acknowledgment: Form for employees or subcontractors to acknowledge confidentiality obligations

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

India

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Information Technology

Software Development

Digital Services

E-commerce

Financial Technology

Healthcare Technology

Cloud Computing

Artificial Intelligence

Cybersecurity

Telecommunications

Banking and Finance

Manufacturing

Retail Technology

Education Technology

Relevant Teams

Legal

Information Technology

Software Development

Information Security

Human Resources

Procurement

Business Development

Operations

Quality Assurance

Project Management

Product Development

Client Services

Compliance

Research and Development

Systems Administration

Relevant Roles

Chief Technology Officer

IT Director

Software Development Manager

Project Manager

Technical Lead

Systems Architect

Information Security Officer

Legal Counsel

Procurement Manager

Business Development Manager

HR Director

Operations Manager

Product Manager

Database Administrator

Network Administrator

Quality Assurance Manager

Solution Architect

Technical Consultant

Client Relationship Manager

Compliance Officer

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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