Non Disclosure Agreement Price for India

Non Disclosure Agreement Price Template for India

A comprehensive legal agreement governed by Indian law that specifically focuses on protecting confidential pricing information, cost structures, financial models, and related commercial data. This document establishes binding obligations for receiving parties to maintain the confidentiality of pricing-related information shared during business discussions, negotiations, or collaborations. It includes specific provisions aligned with Indian contract law and commercial practices, incorporating remedies available under Indian jurisdiction for breach of confidentiality obligations.

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What is a Non Disclosure Agreement Price?

The Non Disclosure Agreement Price is essential for businesses operating in India who need to share sensitive pricing information, cost structures, or financial data with external parties. This specialized NDA is commonly used during vendor negotiations, partnership discussions, potential investments, or consulting engagements where detailed pricing information must be disclosed. The agreement ensures compliance with Indian contract law while providing robust protection for commercially sensitive pricing data. It is particularly important in scenarios where companies need to share pricing strategies, profit margins, cost breakdowns, or financial models with third parties while maintaining competitive advantage and preventing unauthorized disclosure or misuse of such information.

What sections should be included in a Non Disclosure Agreement Price?

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

2. Background: Context of the agreement and purpose of sharing confidential information

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Scope of Confidentiality: Detailed description of what constitutes confidential information and the extent of protection

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and advisors

7. Term and Survival: Duration of the agreement and provisions that survive termination

8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination

9. Remedies: Rights and remedies in case of breach, including injunctive relief

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

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

1. Non-Solicitation: Prevents poaching of employees or clients, used when parties have access to personnel or customer information

2. Non-Competition: Restricts competitive activities, included when sharing highly sensitive business information

3. Intellectual Property Rights: Addresses ownership and rights of IP disclosed under the agreement, used when IP-sensitive information is involved

4. Data Protection: Specific provisions for handling personal data, required when personal data is part of shared information

5. Export Control: Compliance with export control laws, needed for international data transfers

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

7. Digital Security Measures: Specific requirements for protecting digital information, needed for technology-related NDAs

What schedules should be included in a Non Disclosure Agreement Price?

1. Schedule 1: Description of Confidential Information: Detailed list or categories of confidential information covered

2. Schedule 2: Authorized Representatives: List of individuals authorized to receive and handle confidential information

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

4. Appendix A: Disclosure Log: Template for recording all instances of confidential information disclosure

5. Appendix B: 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

Manufacturing

Retail

Technology

Financial Services

Healthcare

Professional Services

Telecommunications

E-commerce

Pharmaceuticals

Automotive

Energy

Consumer Goods

Construction

Real Estate

Relevant Teams

Finance

Procurement

Sales

Commercial Operations

Business Development

Legal

Strategic Planning

Vendor Management

Corporate Development

Pricing Analytics

Investment Relations

Risk Management

Relevant Roles

Chief Financial Officer

Pricing Manager

Commercial Director

Business Development Manager

Procurement Manager

Financial Controller

Sales Director

Cost Analyst

Strategic Planning Manager

Investment Analyst

Corporate Development Manager

Vendor Management Lead

Finance Manager

Commercial Operations 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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