Mutual Non Disclosure Agreement for Malta

Mutual Non Disclosure Agreement Template for Malta

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Key Requirements PROMPT example:

Mutual Non Disclosure Agreement

"I need a Mutual Non-Disclosure Agreement under Maltese law for a potential joint venture between my tech startup and an established software company, with specific provisions for protecting source code and customer data, to be effective from March 2025."

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What is a Mutual Non Disclosure Agreement?

This Mutual Non Disclosure Agreement template is designed for use in business relationships where two parties need to share confidential information while ensuring mutual protection under Maltese law. It is particularly relevant for business negotiations, potential partnerships, joint ventures, or any situation where sensitive information needs to be exchanged. The agreement covers various types of confidential information including trade secrets, technical data, business plans, customer information, and intellectual property. As a document governed by Maltese law, it incorporates requirements from relevant legislation including the Maltese Trade Secrets Act, Commercial Code, and where applicable, data protection regulations. The bilateral nature of the agreement ensures that both parties have equal obligations and protections when sharing and receiving confidential information.

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

1. Parties: Identifies and provides full details of all parties entering into the agreement

2. Background: Sets out the context and purpose of the agreement, including the nature of the business relationship

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed, including to representatives and as required by law

6. Security Measures: Required measures for protecting and securing confidential information

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

8. Duration and Survival: Term of the agreement and which provisions survive termination

9. Remedies: Legal remedies available in case of breach, including injunctive relief

10. General Provisions: Standard contractual provisions including governing law, jurisdiction, entire agreement, and amendments

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

1. Data Protection Compliance: Required when confidential information includes personal data subject to GDPR or Maltese Data Protection Act

2. Intellectual Property Rights: Include when confidential information involves patents, trademarks, or other IP rights

3. Non-Solicitation: Optional clause preventing parties from soliciting each other's employees or clients

4. Export Control: Include when information may be subject to export control regulations

5. Non-Competition: Optional clause restricting competitive activities, must be carefully drafted to comply with Maltese competition law

6. Force Majeure: Include when parties want to address extraordinary circumstances affecting confidentiality obligations

7. Assignment and Succession: Include when parties want to specifically address transfer of rights and obligations

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

1. Description of Confidential Information: Detailed list or categories of information considered confidential under the agreement

2. Authorized Representatives: List of individuals or roles authorized to receive confidential information

3. Security Protocols: Specific security measures and protocols to be followed when handling confidential information

4. Approved Purposes: Detailed description of the permitted purposes for which confidential information may be used

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

Relevant Industries

Technology

Financial Services

Manufacturing

Healthcare

Professional Services

Software Development

Biotechnology

Gaming and iGaming

Maritime

Pharmaceutical

Real Estate

Telecommunications

Consulting

Research and Development

E-commerce

Digital Services

Relevant Teams

Legal

Business Development

Executive Leadership

Research and Development

Operations

Procurement

Finance

Human Resources

Information Technology

Compliance

Commercial

Innovation

Strategic Planning

Project Management

Corporate Development

Intellectual Property

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Business Development Manager

Chief Technology Officer

Project Manager

Research Director

Operations Manager

Procurement Manager

Chief Financial Officer

Human Resources Director

Investment Manager

Technical Director

Commercial Manager

Innovation 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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