Confidentiality Agreement Statement Template for Saudi Arabia

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Key Requirements PROMPT example:

Confidentiality Agreement Statement

"I need a Confidentiality Agreement Statement under Saudi law for my technology company to protect proprietary software information when working with external contractors in March 2025, with specific provisions for cross-border data transfer and cloud storage security."

Document background

The Confidentiality Agreement Statement is essential in Saudi Arabian business environments where parties need to share sensitive information while ensuring legal protection. This document is commonly used before business negotiations, during employment relationships, or in commercial partnerships where confidential information exchange is necessary. It provides a framework compliant with Saudi Arabian law, including the Anti-Cyber Crime Law, Commercial Law, and Data Protection regulations, while adhering to Sharia principles. The agreement typically includes detailed provisions for information handling, security measures, breach consequences, and remedies available under Saudi law. It's particularly relevant in today's digital business environment where data protection is crucial and cross-border information sharing is common.

Suggested Sections

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

2. Background: Context of the agreement and the relationship between the parties, including the purpose for sharing confidential information

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Confidentiality Obligations: Core obligations regarding the protection, use, 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: Specific measures required to protect confidential information, including physical, electronic, and procedural safeguards

8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

9. Duration and Survival: Term of the agreement and which obligations survive termination

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

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

Optional Sections

1. Third Party Rights: Section dealing with rights of third parties in relation to the confidential information, used when third parties may have rights or access to the information

2. Data Protection Compliance: Specific provisions relating to personal data protection, required when confidential information includes personal data

3. Electronic Information Security: Specific provisions for protecting electronic data, needed when significant digital information is involved

4. Industry-Specific Compliance: Additional compliance requirements for specific industries (e.g., healthcare, financial services)

5. International Transfer of Information: Provisions governing cross-border transfer of information, needed for international relationships

6. Shariah Compliance Declaration: Explicit statement of Shariah compliance, useful when dealing with Islamic financial institutions or when specifically required by parties

7. Non-Solicitation Provisions: Provisions preventing solicitation of employees or customers, useful in business relationships

8. Force Majeure: Provisions for unforeseen circumstances affecting confidentiality obligations, optional but recommended

Suggested Schedules

1. Schedule 1: Specified Confidential Information: Detailed list of specific documents, data, or information classified as confidential

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

3. Schedule 3: Security Protocols: Detailed security procedures and requirements for handling confidential information

4. Appendix A: Form of Confidentiality Undertaking: Template for confidentiality undertakings to be signed by representatives or employees

5. Appendix B: Data Handling Procedures: Specific procedures for handling, storing, and disposing of confidential information

6. Appendix C: Breach Notification Procedures: Step-by-step procedures for reporting and handling confidentiality breaches

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

Financial Services

Healthcare

Technology

Manufacturing

Oil and Gas

Construction

Education

Professional Services

Telecommunications

Real Estate

Retail

Defense

Research and Development

Government and Public Sector

Islamic Finance

Pharmaceuticals

Consulting

Information Technology

Energy

Transportation and Logistics

Relevant Teams

Legal

Compliance

Human Resources

Information Security

Risk Management

Executive Leadership

Information Technology

Research and Development

Business Development

Operations

Finance

Procurement

Data Protection

Corporate Communications

Project Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Compliance Officer

Human Resources Director

Information Security Manager

Project Manager

Business Development Manager

Research Director

Department Head

Contract Manager

Risk Manager

Data Protection Officer

Operations Manager

Finance Director

IT Director

Chief Technology Officer

Procurement Manager

Chief Information Security Officer

General Manager

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