Business Plan Non Disclosure Agreement for New Zealand

Business Plan Non Disclosure Agreement Template for New Zealand

A comprehensive legal agreement governed by New Zealand law, designed to protect confidential information contained within business plans and related strategic documents. This agreement establishes binding obligations for receiving parties to maintain the confidentiality of sensitive business information, including financial projections, market strategies, intellectual property, and operational details. The document incorporates specific provisions aligned with New Zealand's Contract and Commercial Law Act 2017 and related legislation, providing robust protection for business secrets while facilitating necessary business discussions and evaluations.

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What is a Business Plan Non Disclosure Agreement?

The Business Plan Non Disclosure Agreement is essential when companies need to share sensitive business planning information with potential investors, partners, or advisors in New Zealand. This document is particularly crucial in situations where detailed business strategies, financial projections, market analyses, and proprietary methodologies need to be disclosed for business evaluation purposes. It provides legal protection under New Zealand law, including remedies under the Contract and Commercial Law Act 2017, while facilitating necessary business discussions. The agreement is commonly used in investment negotiations, strategic partnerships, joint ventures, and business sale processes, where comprehensive business plans containing confidential information need to be shared with external parties.

What sections should be included in a Business Plan Non Disclosure Agreement?

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

2. Background: Explains the context of the agreement, including the business relationship and purpose of sharing confidential information

3. Definitions: Defines key terms including 'Confidential Information', 'Business Plan', 'Authorized Purpose', and other relevant terms

4. Scope of Confidential Information: Clearly outlines what constitutes confidential information under the agreement, specifically relating to the business plan

5. Obligations of Confidentiality: Details the receiving party's duties to maintain confidentiality and permitted uses of the information

6. Permitted Disclosures: Specifies who can access the confidential information and under what circumstances

7. Security Measures: Outlines required security measures for protecting confidential information

8. Return or Destruction of Information: Procedures for handling confidential information after the agreement ends

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

10. Breach and Remedies: Consequences of breaching the agreement and available remedies

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

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

1. Intellectual Property Rights: Additional provisions specifically protecting IP rights when the business plan contains patentable innovations or trademark information

2. Competing Activities: Restrictions on competing activities, if relevant to the business relationship

3. Representatives and Advisers: Additional provisions for when the receiving party needs to share information with professional advisers

4. Data Protection Compliance: Specific provisions for compliance with privacy laws when personal data is involved

5. Survival Clause: Specifies which obligations continue after agreement termination

6. Non-Solicitation: Prevents poaching of employees or clients, if relevant to the business context

What schedules should be included in a Business Plan Non Disclosure Agreement?

1. Schedule 1 - Description of Business Plan: Detailed description of the business plan documents and information covered

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

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

4. Appendix A - Acknowledgment Form: Form for additional parties or representatives to sign acknowledging their 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

New Zealand

Publisher

Genie AI

Cost

Free to use
Relevant Industries

Technology and Software

Financial Services

Manufacturing

Healthcare

Retail and E-commerce

Professional Services

Real Estate

Energy and Utilities

Telecommunications

Media and Entertainment

Agriculture and Food Production

Transportation and Logistics

Education and Training

Biotechnology

Construction and Engineering

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Strategy

Executive Leadership

Mergers & Acquisitions

Innovation

Investment

Risk Management

Relevant Roles

Chief Executive Officer

Business Development Manager

Investment Manager

Corporate Lawyer

Chief Financial Officer

Strategy Director

Mergers & Acquisitions Manager

Venture Capital Associate

Business Analyst

Management Consultant

Chief Strategy Officer

Innovation Director

Partnership Manager

Due Diligence Specialist

Corporate Development 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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