Non Disclosure Non Circumvention Agreement for New Zealand

Non Disclosure Non Circumvention Agreement Template for New Zealand

This Non-Disclosure Non-Circumvention Agreement is a comprehensive legal document governed by New Zealand law, designed to protect confidential information and business relationships. It serves a dual purpose: preventing unauthorized disclosure of sensitive information and protecting business opportunities by preventing parties from bypassing the original introducing party. The agreement includes specific provisions compliant with New Zealand's Contract and Commercial Law Act 2017, Privacy Act 2020, and Fair Trading Act 1986, ensuring robust protection of business interests while maintaining enforceability under New Zealand jurisdiction.

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What is a Non Disclosure Non Circumvention Agreement?

This Non-Disclosure Non-Circumvention Agreement is essential for businesses and individuals operating in New Zealand who need to protect sensitive information and valuable business relationships. It is particularly relevant when sharing confidential information during business negotiations, joint ventures, or potential partnerships, while also preventing parties from bypassing each other to directly pursue disclosed business opportunities. The agreement complies with New Zealand law and is commonly used in situations involving business development, investment opportunities, intellectual property discussions, or strategic partnerships. It provides legal recourse under New Zealand jurisdiction if confidential information is misused or if business relationships are circumvented.

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

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

2. Background: Explains the context of the relationship and purpose of the agreement

3. Definitions: Defines key terms including 'Confidential Information', 'Business Opportunity', and 'Circumvention'

4. Confidentiality Obligations: Details the obligations to maintain confidentiality, including specific prohibited actions and required protection measures

5. Non-Circumvention Obligations: Specifies restrictions on bypassing or dealing directly with disclosed contacts, clients, or business opportunities

6. Permitted Disclosures: Outlines circumstances where disclosure is permitted (e.g., to employees, legal advisors, with consent)

7. Term and Survival: Specifies the duration of the agreement and which obligations survive termination

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

9. Breach and Remedies: Specifies consequences of breach and available remedies including injunctive relief

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

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

1. Intellectual Property Rights: Additional provisions protecting IP rights when confidential information includes IP - use when sharing technical information or trade secrets

2. Data Protection: Specific obligations regarding personal data protection - include when confidential information includes personal data

3. Non-Solicitation: Prevents poaching of employees or contractors - add when sharing information about human resources

4. Security Measures: Specific technical and organizational measures required for protecting information - include for digital assets or highly sensitive information

5. Publicity: Restrictions on public announcements about the relationship - useful for high-profile or sensitive business relationships

6. Insurance: Requirements for insurance coverage - include for high-value or high-risk information sharing

7. Assignment and Subcontracting: Rules about transferring rights or obligations - include when working with larger organizations

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

1. Schedule 1 - Confidential Information: Detailed description of the confidential information covered by the agreement

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to receive the confidential information

3. Schedule 3 - Business Opportunities: Description of specific business opportunities covered by non-circumvention provisions

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

5. Appendix A - Confidentiality Acknowledgment Form: Form to be signed by authorized recipients 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

New Zealand

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology and Software

Financial Services

Professional Services

Manufacturing

Research and Development

Healthcare

Real Estate

Energy

Telecommunications

Marketing and Advertising

Biotechnology

Intellectual Property

Mergers and Acquisitions

International Trade

Relevant Teams

Legal

Business Development

Executive Leadership

Research and Development

Procurement

Finance

Mergers and Acquisitions

Innovation

Commercial Operations

Strategic Planning

Sales

Information Technology

Intellectual Property

Relevant Roles

Chief Executive Officer

Business Development Manager

Legal Counsel

Chief Financial Officer

Investment Manager

Strategic Partnerships Director

Research and Development Director

Intellectual Property Manager

Chief Technology Officer

Procurement Manager

Merger & Acquisition Specialist

Commercial Director

Innovation Manager

Project Manager

Sales Director

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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