Nondisclosure Agreement Template for Philippines

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Key Requirements PROMPT example:

Nondisclosure Agreement

"I need a Nondisclosure Agreement under Philippine law for a technology startup sharing sensitive software development information with a potential investor, with extra provisions for protecting source code and technical specifications."

Document background

This Nondisclosure Agreement (NDA) is essential for businesses operating in the Philippines who need to protect confidential information during business discussions, negotiations, or relationships. The document is specifically tailored to comply with Philippine law, including the Civil Code, Data Privacy Act of 2012, and Intellectual Property Code. It should be used whenever sensitive information needs to be shared with external parties or employees, covering areas such as trade secrets, proprietary technology, business strategies, customer data, and financial information. The agreement provides legal remedies under Philippine jurisdiction in case of breach and includes provisions for both physical and digital information protection. This NDA template is particularly relevant given the Philippines' growing technology and outsourcing sectors, where protection of confidential information is crucial.

Suggested Sections

1. Parties: Identification of the disclosing party and receiving party with complete legal names and addresses

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

3. Definitions: Definition of confidential information, trade secrets, and other key terms used in the agreement

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

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

6. Security Measures: Specific measures required to protect confidential information

7. Return or Destruction of Information: Requirements for handling confidential information upon termination or request

8. Term and Termination: Duration of the agreement and termination provisions

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

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

Optional Sections

1. Non-Solicitation: Prevents poaching of employees or clients, included when there's significant employee interaction or client exposure

2. Data Privacy Compliance: Specific provisions addressing compliance with the Philippine Data Privacy Act, included when personal data is involved

3. Export Control: Included when confidential information may be subject to export control laws

4. Residual Information: Addresses use of information retained in unaided memory, included for technology companies or when requested by receiving party

5. Competitive Activities: Clarifies that agreement doesn't restrict certain competitive activities, included when parties are competitors

6. Information Security Standards: Detailed IT security requirements, included when dealing with sensitive digital information

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the NDA

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

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed

4. Appendix A - Acknowledgment Form: Form for employees or subcontractors to acknowledge NDA 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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology

Manufacturing

Financial Services

Healthcare

Professional Services

Telecommunications

Business Process Outsourcing

Real Estate

Retail

Energy

Mining

Agriculture

Education

Pharmaceutical

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Finance

Operations

Procurement

Compliance

Information Security

Corporate Communications

Intellectual Property

Risk Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Human Resources Director

Project Manager

Research and Development Director

Chief Technology Officer

Procurement Manager

Investment Manager

Operations Director

Chief Financial Officer

Intellectual Property Manager

Compliance Officer

Information Security Officer

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Non Disclosure Agreement For Clients

A Philippine law-compliant Non-Disclosure Agreement template for protecting confidential information in client relationships.

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Let's create your Nondisclosure Agreement

Authors

Alex Denne

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