Non Disclosure Agreement For Product Development for India

Non Disclosure Agreement For Product Development Template for India

A comprehensive Non-Disclosure Agreement tailored for product development activities in India, governed by Indian law including the Indian Contract Act, 1872 and related intellectual property legislation. This agreement establishes confidentiality obligations between parties involved in product development, protecting proprietary information, technical specifications, designs, and development methodologies. It includes specific provisions for handling technical documentation, prototypes, source code, and other sensitive information exchanged during the product development process, while ensuring compliance with Indian legal requirements and providing appropriate remedies under Indian jurisdiction.

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What is a Non Disclosure Agreement For Product Development?

The Non-Disclosure Agreement For Product Development is essential when companies engage in collaborative product development activities in India. This document is particularly crucial when sharing sensitive technical information, proprietary designs, manufacturing processes, or innovative concepts with external partners or service providers. It ensures that confidential information shared during the product development lifecycle is protected under Indian law, including the Indian Contract Act, 1872, and various intellectual property statutes. The agreement typically covers technical specifications, prototypes, manufacturing processes, source code, and other proprietary information. It's commonly used when outsourcing development work, engaging with manufacturing partners, or collaborating with design firms, and includes specific provisions for information handling, permitted uses, and return or destruction of confidential materials.

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

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

2. Background: Context of the agreement, including the purpose of sharing confidential information for product development

3. Definitions: Key terms including 'Confidential Information', 'Product', 'Development Services', 'Representatives', and 'Trade Secrets'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the context of product development

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

6. Permitted Use and Disclosure: Specified purposes for which confidential information may be used and conditions for disclosure to representatives

7. Standard of Care: Required level of care in protecting confidential information, including security measures

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

9. Term and Survival: Duration of the agreement and surviving obligations after termination

10. Intellectual Property Rights: Ownership and rights related to the product development and confidential information

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 Product Development?

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

2. Non-Competition: Restricts competitive activities, useful when sharing highly sensitive product development details

3. Data Protection Compliance: Specific obligations regarding personal data protection, required if personal data is involved

4. Export Control: Compliance with export control laws, needed for international product development

5. Source Code Protection: Special provisions for protecting software source code, required for software development

6. Reverse Engineering Prohibition: Specific restrictions on reverse engineering, important for hardware or software products

7. Residual Knowledge: Clarifies treatment of knowledge retained in memory, useful for long-term development projects

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

1. Schedule 1 - Description of Product: Detailed description of the product under development

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

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

4. Schedule 4 - Marking Requirements: Requirements for marking and identifying confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertaking by representatives

6. Appendix B - Information Return/Destruction Certificate: Template certificate confirming return or destruction of 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

India

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Information Technology

Manufacturing

Electronics

Healthcare Technology

Automotive

Consumer Products

Industrial Equipment

Telecommunications

Aerospace

Medical Devices

Software Development

Biotechnology

Clean Technology

Financial Technology

Internet of Things

Relevant Teams

Legal

Research and Development

Product Development

Engineering

Design

Manufacturing

Quality Assurance

Project Management

Innovation

Procurement

Business Development

Information Technology

Technical Operations

Intellectual Property

Relevant Roles

Chief Technology Officer

Product Manager

Research and Development Manager

Design Engineer

Software Developer

Project Manager

Manufacturing Engineer

Quality Assurance Manager

Industrial Designer

Technical Director

Innovation Manager

Chief Product Officer

Development Lead

Systems Architect

Procurement Manager

Legal Counsel

Business Development Manager

Technical Program 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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