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Short Confidentiality Agreement

Short Confidentiality Agreement Template for Philippines

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Key Requirements PROMPT example:

Short Confidentiality Agreement

"I need a Short Confidentiality Agreement under Philippine law for a potential joint venture with a tech startup, protecting our proprietary software development methods and client data, to be effective from March 2025."

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Document background
This Short Confidentiality Agreement is designed for situations where parties need to share sensitive information while ensuring legal protection under Philippine law. It's particularly suitable for initial business discussions, potential partnerships, or employment relationships where a comprehensive but concise confidentiality framework is needed. The agreement incorporates requirements from the Data Privacy Act of 2012 and other relevant Philippine legislation, making it appropriate for both domestic and international business relationships involving Philippine entities. It's structured to be simpler than a full-scale NDA while maintaining essential protections, making it ideal for preliminary discussions or situations where a more straightforward approach to confidentiality is preferred.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including their legal names, addresses, and company registration details

2. Background: Brief context for why the agreement is being entered into and the general nature of the confidential information to be shared

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Confidentiality Obligations: Core obligations to maintain confidentiality and not disclose information except as permitted

5. Permitted Use: Specific purposes for which the confidential information may be used

6. Security Measures: Basic requirements for protecting confidential information

7. Term and Survival: Duration of the agreement and survival of obligations

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

9. Governing Law and Jurisdiction: Specification of Philippine law and jurisdiction

Optional Sections

1. Return or Destruction of Information: Requirements for returning or destroying confidential information upon request or termination - include if handling sensitive physical documents or digital media

2. Data Privacy Compliance: Specific provisions aligned with the Data Privacy Act - include if personal data is involved

3. Representatives and Third Parties: Provisions governing disclosure to employees, advisors, or other authorized persons - include if wider access is needed

4. Marking Requirements: Requirements for marking information as confidential - include if formal designation process is needed

5. Exceptions to Confidentiality: Standard exceptions such as public domain information - include if more detailed carve-outs are needed

Suggested Schedules

1. Schedule 1 - Confidential Information: Description or categories of information covered by the agreement

2. Schedule 2 - Authorized Representatives: Optional list of individuals authorized to receive confidential information

3. Schedule 3 - Security Protocols: Optional specific security measures required for particular types 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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Real Estate

Retail

Education

Telecommunications

Business Process Outsourcing

Pharmaceutical

Energy

Construction

Entertainment

Food and Beverage

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Finance

Operations

Procurement

Compliance

Sales

Corporate Secretariat

Relevant Roles

Chief Executive Officer

Business Development Manager

Human Resources Director

Legal Counsel

Project Manager

Investment Analyst

Research and Development Director

Operations Manager

Procurement Officer

Finance Director

IT Security Manager

Sales Director

Corporate Secretary

Compliance Officer

Department Head

Industries
Data Privacy Act of 2012 (Republic Act No. 10173): Protects individual personal information in information and communications systems, establishing requirements for processing personal data and penalties for unauthorized disclosure
Civil Code of the Philippines (Republic Act No. 386): Provides the basic framework for contracts, including formation, validity, interpretation, and enforcement of confidentiality obligations
Intellectual Property Code (Republic Act No. 8293): Protects trade secrets and confidential business information as intellectual property, providing remedies for unauthorized disclosure
Securities Regulation Code (Republic Act No. 8799): Regulates the handling of material non-public information and insider trading, relevant when confidential information involves listed companies
National Privacy Commission Circulars and Guidelines: Provides specific rules and guidelines for data protection, security measures, and breach notification procedures
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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