NDA For Investors Template for Saudi Arabia

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Key Requirements PROMPT example:

NDA For Investors

"I need an NDA for Investors to be used for my Saudi-based technology startup's upcoming Series A funding round in March 2025, with specific provisions for protecting our proprietary software and AI algorithms during due diligence."

Document background
The NDA for Investors is a crucial legal document used in Saudi Arabia when companies engage in discussions with potential investors or during investment due diligence processes. This agreement is essential for protecting proprietary information, financial data, business strategies, and other sensitive details that need to be shared during investment evaluations. It is specifically designed to comply with Saudi Arabian law, including the Capital Market Law, Commercial Courts Law, and Sharia principles. The document is typically used before detailed investment discussions begin and remains active throughout the investment consideration process. It should be used whenever confidential information needs to be shared with potential investors, investment firms, or their representatives, and includes specific provisions for handling digital information, personal data, and commercially sensitive materials in accordance with Saudi regulatory requirements.
Suggested Sections

1. Parties: Identification of the disclosing party (company) and receiving party (potential investor), including full legal names and addresses

2. Background: Context of the potential investment relationship and purpose of sharing confidential information

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

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

5. Permitted Use and Disclosure: Specific purposes for which confidential information may be used and conditions for disclosure to representatives

6. Obligations of Receiving Party: Detailed responsibilities regarding protection, storage, and handling of confidential information

7. Exceptions to Confidentiality: Standard carve-outs for public information and legally required disclosures

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

9. Term and Termination: Duration of the agreement and survival of obligations

10. Breach and Remedies: Consequences of breach and available remedies under Saudi law

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

Optional Sections

1. Islamic Finance Compliance: Required when the investment involves Islamic financial principles or Sharia-compliant transactions

2. Data Protection Compliance: Additional provisions when personal data under PDPL will be shared

3. Electronic Information Security: Specific provisions for digital information handling under Saudi Anti-Cyber Crime Law

4. Insider Trading Prevention: Required when sharing information about publicly traded companies

5. Multiple Investment Rounds: Provisions for handling confidential information across different stages of investment

6. Representative Obligations: Detailed provisions for when multiple representatives will access information

7. Translation Provisions: Required when agreement needs to be in both Arabic and English

Suggested Schedules

1. Schedule 1 - Detailed Description of Confidential Information: Comprehensive list of types of confidential information covered

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

3. Schedule 3 - Security Protocols: Specific procedures for handling and protecting confidential information

4. Schedule 4 - Notice Details: Contact information and procedures for formal notices under the agreement

5. Appendix A - Document Return Form: Template for confirming return or destruction 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

Relevant Industries

Technology

Financial Services

Healthcare

Real Estate

Manufacturing

Energy

Telecommunications

E-commerce

Education

Transportation

Mining

Agriculture

Construction

Retail

Islamic Finance

Relevant Teams

Legal

Finance

Corporate Development

Investment Relations

Compliance

Executive Leadership

Board of Directors

Corporate Secretary Office

Business Development

Due Diligence

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Investment Director

Legal Counsel

Corporate Lawyer

Investment Manager

Due Diligence Officer

Business Development Manager

Corporate Secretary

Compliance Officer

Finance Director

Managing Partner

Investment Analyst

Board Member

General Counsel

Chief Investment Officer

Venture Capital Associate

Private Equity 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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