Non Disclosure Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Non Disclosure Agreement

"I need a Non-Disclosure Agreement under Saudi law for a potential technology partnership with a US-based software company, protecting our AI development intellectual property and ensuring Sharia compliance, to be effective from March 2025."

Document background
This Non-Disclosure Agreement (NDA) is essential for businesses operating in Saudi Arabia who need to protect confidential information during commercial discussions, negotiations, or business relationships. The document is structured to comply with Saudi Arabian law, including Sharia principles and the Commercial Courts Law of 2020, making it suitable for both domestic and international business transactions. It covers various types of confidential information, from trade secrets and technical data to business strategies and customer information, while incorporating specific provisions required by Saudi regulations regarding data protection and electronic transactions. The NDA is particularly relevant in light of Saudi Arabia's Vision 2030 economic reforms and increased international business activities, providing a robust framework for protecting sensitive information in commercial relationships.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details

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

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

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and as required by law

6. Security Measures: Required measures for protecting and safeguarding confidential information

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

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

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

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

11. Entire Agreement: Confirmation that the agreement represents the entire understanding between parties

12. Execution: Signature blocks and execution requirements compliant with Saudi law

Optional Sections

1. Non-Solicitation: Prevents solicitation of employees or customers, included when parties are competitors or in sensitive business relationships

2. Non-Competition: Restricts competitive activities, used when sharing highly sensitive business information

3. Electronic Information Security: Specific provisions for digital information protection, included when sharing electronic data

4. Islamic Law Compliance: Explicit confirmation of Sharia law compliance, used in more formal or significant agreements

5. Assignment: Rules regarding transfer of rights and obligations, included for longer-term or complex relationships

6. Intellectual Property Rights: Clarification of IP ownership and rights, used when shared information includes IP

7. Force Majeure: Provisions for unforeseen circumstances, included in longer-term NDAs

8. Costs: Allocation of costs and expenses, included when significant costs might be involved in maintaining confidentiality

Suggested Schedules

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

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

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed

4. Schedule 4 - Permitted Purpose: Detailed description of the permitted use of confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives to sign

6. Appendix B - Data Handling Procedures: Specific procedures for handling, storing, and transmitting 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 legal definitions
Relevant Industries

Technology and IT

Financial Services

Healthcare

Manufacturing

Energy and Oil & Gas

Real Estate and Construction

Professional Services

Telecommunications

Education

Defense and Security

Retail and Consumer Goods

Mining and Natural Resources

Transportation and Logistics

Media and Entertainment

Biotechnology

Agriculture

Relevant Teams

Legal

Compliance

Human Resources

Information Technology

Research and Development

Business Development

Operations

Finance

Procurement

Strategy

Information Security

Risk Management

Corporate Communications

Executive Leadership

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Compliance Officer

Business Development Manager

Project Manager

Human Resources Director

Chief Technology Officer

Research and Development Director

Chief Financial Officer

Operations Manager

Procurement Manager

Strategy Director

Investment Manager

Commercial Director

Contract Manager

Information Security Officer

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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