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3 Way NDA
"I need a Three Way NDA under Saudi law for a software development project between my tech company, a cloud services provider, and a cybersecurity consultant, with strict provisions for electronic data protection and source code confidentiality."
1. Parties: Identifies and provides full details of all three parties to the agreement
2. Background: Explains the context and purpose of the three-way confidentiality arrangement
3. Definitions: Defines key terms including 'Confidential Information', 'Authorized Purpose', 'Authorized Recipients', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information for each party
5. Permitted Disclosures: Specifies how and when confidential information can be shared between the three parties and with authorized third parties
6. Confidentiality Obligations: Details the specific obligations of each party regarding protection and non-disclosure of confidential information
7. Information Flow and Usage: Specifies how information can flow between the three parties and permitted uses
8. Security Measures: Required security measures for protecting confidential information
9. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon request or termination
10. Term and Termination: Duration of the agreement and termination provisions
11. Breach and Remedies: Consequences of breach and available remedies under Saudi law
12. Governing Law and Jurisdiction: Specifies Saudi law as governing law and jurisdiction for disputes
13. General Provisions: Standard provisions including severability, amendments, and entire agreement
1. Electronic Data Handling: Specific provisions for handling digital confidential information and cybersecurity requirements - include when information is primarily shared electronically
2. Force Majeure: Provisions for unforeseen circumstances preventing performance - include in complex or long-term arrangements
3. Shariah Compliance: Explicit confirmation of Shariah compliance - include when parties specifically require this assurance
4. Data Protection Compliance: Specific provisions relating to personal data protection under PDPL - include when confidential information includes personal data
5. International Transfer: Provisions for cross-border transfer of information - include when parties are in different jurisdictions
6. Costs and Expenses: Allocation of costs related to protecting confidential information - include for complex arrangements with significant security requirements
1. Schedule 1 - Confidential Information: Detailed categorization of confidential information for each party
2. Schedule 2 - Authorized Representatives: List of authorized representatives for each party who may handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed by all parties
4. Schedule 4 - Information Flow Diagram: Visual representation of permitted information flow between the three parties
5. Schedule 5 - Approved Third Party Recipients: Pre-approved list of third parties who may receive confidential information
6. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertaking to be signed by authorized recipients
Authors
Authorized Purpose
Authorized Recipients
Disclosing Party
Receiving Parties
Affiliate
Representatives
Permitted Purpose
Trade Secrets
Proprietary Information
Electronic Data
Security Protocols
Confidentiality Period
Business Day
Effective Date
Group
Intellectual Property Rights
Personal Data
Professional Advisers
Related Persons
Shariah Compliant
Subsidiary
Technical Information
Unauthorized Disclosure
Working Hours
Agreement
Applicable Law
Authorized Signatories
Business Relationship
Commercial Information
Competitive Information
Confidentiality Obligations
Data Protection Laws
Disclosure Notice
Electronic Systems
Force Majeure Event
Information Flow
Material Breach
Non-Disclosure Period
Party/Parties
Project
Required Disclosure
Security Breach
Termination Date
Third Party Recipients
Interpretation
Confidentiality Obligations
Permitted Disclosures
Information Security
Data Protection
Electronic Communications
Term and Duration
Return of Information
Destruction of Information
Permitted Purpose
Non-Circumvention
Non-Solicitation
Intellectual Property
Warranties
Indemnification
Breach Remedies
Injunctive Relief
Force Majeure
Assignment
Third Party Rights
Notices
Severability
Amendments
Costs
Entire Agreement
Governing Law
Dispute Resolution
Electronic Execution
Counterparts
Language
Shariah Compliance
Termination
Survival
Technology
Financial Services
Manufacturing
Healthcare
Energy
Oil & Gas
Construction
Real Estate
Professional Services
Telecommunications
Education
Defense
Mining
Petrochemicals
Renewable Energy
Aviation
Maritime
Logistics
Entertainment
Tourism
Legal
Compliance
Executive Leadership
Business Development
Information Technology
Security
Risk Management
Operations
Finance
Research & Development
Corporate Strategy
Procurement
Innovation
Corporate Affairs
Information Security
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Commercial Director
Business Development Manager
Project Manager
Chief Technology Officer
Chief Financial Officer
Compliance Officer
Risk Manager
Corporate Secretary
Investment Director
Operations Director
Research Director
Head of Strategy
Procurement Manager
Technical Director
Innovation Manager
Information Security Officer
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