Multilateral Non Disclosure Agreement Template for New Zealand

This comprehensive New Zealand-governed Multilateral Non-Disclosure Agreement is designed to facilitate the secure sharing of confidential information between multiple parties while ensuring compliance with New Zealand law, including the Contract and Commercial Law Act 2017 and Privacy Act 2020. The agreement establishes mutual obligations for protecting sensitive information, defines permitted uses, and includes specific provisions for information flow between various combinations of parties. It incorporates robust security measures and clear procedures for handling confidential information, making it suitable for complex business arrangements where multiple stakeholders need to share sensitive data.

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What is a Multilateral Non Disclosure Agreement?

This Multilateral Non Disclosure Agreement is designed for situations where three or more parties need to share confidential information in New Zealand. It is particularly useful for joint ventures, collaborative projects, or complex business transactions where multiple stakeholders need access to sensitive information. The agreement complies with New Zealand legislation, including the Contract and Commercial Law Act 2017 and Privacy Act 2020, and includes comprehensive provisions for information security, permitted uses, and breach remedies. It can be customized to accommodate different levels of access and confidentiality obligations among various parties, making it suitable for both simple and complex multi-party arrangements. The document includes detailed schedules for party information, confidential information definitions, and information flow matrices to ensure clear understanding and compliance by all parties involved.

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

1. Parties: Identifies and lists all parties to the agreement, including their legal names, addresses, and company details

2. Background: Explains the context and purpose of the agreement, including the nature of the relationship between the parties

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

4. Scope of Confidential Information: Clearly specifies what information is considered confidential under the agreement

5. Obligations of Confidentiality: Details the core obligations to maintain confidentiality and permitted uses of confidential information

6. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed and to whom

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

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

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

10. Breach and Remedies: Consequences of breach and available remedies

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

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

1. Residual Knowledge: Optional clause addressing use of non-confidential knowledge retained in memory, particularly relevant for professional service providers

2. Competition and Non-Solicitation: Additional restrictions on competitive activities, used when parties are potential competitors

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

4. Intellectual Property Rights: Additional provisions regarding IP ownership and licenses when IP is specifically involved

5. Information Flow Matrix: Specific provisions detailing which parties can share what information with which other parties, useful in complex multilateral arrangements

6. Separate Confidentiality Obligations: Used when different parties have different levels of confidentiality obligations

7. Survival of Obligations: Specific provisions about which obligations continue after termination and for how long

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

1. Schedule 1 - Party Details: Detailed information about each party including contact persons and notice details

2. Schedule 2 - Confidential Information: Detailed description or categories of confidential information covered by the agreement

3. Schedule 3 - Permitted Purpose: Detailed description of the permitted purpose(s) for which confidential information may be used

4. Schedule 4 - Security Protocols: Specific security measures and protocols required for handling confidential information

5. Schedule 5 - Authorized Representatives: List of authorized representatives for each party who may access confidential information

6. Schedule 6 - Information Flow Matrix: Matrix showing permitted information flows between different parties

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

Manufacturing

Research & Development

Financial Services

Healthcare

Professional Services

Energy & Resources

Biotechnology

Real Estate & Construction

Education

Telecommunications

Relevant Teams

Legal

Executive Leadership

Project Management

Business Development

Research & Development

Information Technology

Operations

Compliance

Finance

Innovation

Strategic Partnerships

Information Security

Relevant Roles

Chief Executive Officer

Legal Counsel

Project Manager

Business Development Manager

Research Director

Chief Technology Officer

Investment Manager

Operations Director

Compliance Officer

Contract Manager

Chief Financial Officer

Innovation Manager

Strategic Partnership Director

Information Security 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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