Bilateral Non Disclosure Agreement for Pakistan

Bilateral Non Disclosure Agreement Template for Pakistan

A comprehensive mutual confidentiality agreement governed by Pakistani law, designed to protect confidential information exchanged between two parties. This document ensures bilateral protection of sensitive business information, trade secrets, and proprietary data, while complying with Pakistani contract law, including the Contract Act 1872 and relevant provisions of electronic transaction laws. The agreement includes robust confidentiality obligations, clear definitions of protected information, permitted uses, and enforcement mechanisms suitable for Pakistani jurisdiction.

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What is a Bilateral Non Disclosure Agreement?

This Bilateral Non Disclosure Agreement is essential for business relationships in Pakistan where parties need to share sensitive information while ensuring legal protection. It is commonly used in scenarios such as business negotiations, joint ventures, potential partnerships, or service arrangements where confidential information needs to be exchanged. The document complies with Pakistani law, particularly the Contract Act 1872 and related statutes, making it enforceable in Pakistani courts. It includes comprehensive provisions for defining confidential information, establishing usage rights, and setting out remedies for breach. This template is particularly valuable when either party is based in Pakistan or when the agreement needs to be enforced under Pakistani jurisdiction. The Bilateral Non Disclosure Agreement serves as a crucial risk management tool while facilitating necessary business communications and collaborations.

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

1. Parties: Identification of both parties entering into the NDA, including full legal names, addresses, and registration details if companies

2. Background: Context of the agreement, purpose of sharing confidential information, and nature of the business relationship

3. Definitions: Definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', 'Representatives', and 'Affiliated Entities'

4. Scope of Confidentiality: Detailed description of what constitutes confidential information and explicit exclusions

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

7. Security Measures: Required procedures and safeguards for protecting confidential information

8. Return or Destruction: Obligations regarding the return or destruction of confidential information upon request or termination

9. Term and Survival: Duration of the agreement and survival of obligations after termination

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

11. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes

12. Execution: Signature blocks and execution formalities

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

1. Non-Solicitation: Restrictions on soliciting employees or customers, included when parties have access to sensitive relationship information

2. Data Protection: Specific provisions for handling personal data, required when confidential information includes personal information

3. Export Control: Compliance with export control laws, needed when information may be subject to international transfer restrictions

4. Reverse Engineering: Prohibition on reverse engineering, important for technical or product-related information

5. Electronic Storage: Specific provisions for electronic storage and transmission of confidential information

6. Representatives' Compliance: Detailed provisions ensuring representatives' compliance with confidentiality obligations

7. Competitive Activities: Restrictions on competitive activities, included when sharing competitively sensitive information

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

1. Schedule 1 - Description of Confidential Information: Detailed categorization and description of the types of confidential information covered

2. Schedule 2 - Authorized Representatives: List of authorized representatives from each party who may access confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed when handling confidential information

4. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives or third parties who need access to 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

Pakistan

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Education

Retail

Telecommunications

Energy

Real Estate

Pharmaceuticals

Automotive

Agriculture

E-commerce

Construction

Media and Entertainment

Relevant Teams

Legal

Business Development

Executive Leadership

Human Resources

Research and Development

Information Technology

Operations

Finance

Procurement

Compliance

Corporate Affairs

Strategic Planning

Product Development

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Contract Manager

Chief Technology Officer

Project Manager

Human Resources Director

Chief Financial Officer

Research and Development Director

Operations Manager

Procurement Manager

Investment Manager

Corporate Secretary

Compliance Officer

Strategic Partnership 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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