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Proprietary Information Agreement
"I need a Proprietary Information Agreement under Saudi law for a technology company sharing sensitive software development information with a potential manufacturing partner in Riyadh, with special emphasis on protecting source code and technical specifications."
1. Parties: Identification of the disclosing and receiving parties, including full legal names, addresses, and registration details as per Saudi commercial registration requirements
2. Background: Context of the agreement, purpose of sharing confidential information, and brief description of the business relationship
3. Definitions: Detailed definitions including 'Confidential Information', 'Authorized Purpose', 'Authorized Representatives', and other key terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Obligations of Confidentiality: Core confidentiality obligations, including handling, protection, and non-disclosure requirements
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law
7. Security Measures: Specific security measures required to protect confidential information, including compliance with Saudi data protection requirements
8. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon termination or request
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Remedies: Legal remedies available in case of breach, including injunctive relief and damages
11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction of Saudi courts
1. Data Protection Compliance: Additional provisions for compliance with Saudi data protection laws when confidential information includes personal data
2. Export Control: Provisions regarding compliance with Saudi export control regulations when applicable
3. Electronic Information Security: Specific provisions for protecting electronic data and compliance with Saudi cybersecurity regulations
4. Third Party Rights: Provisions addressing rights of third parties whose confidential information may be involved
5. Non-Solicitation: Restrictions on soliciting employees or customers, if relevant to the business relationship
6. Shariah Compliance Declaration: Explicit statement of Shariah compliance, particularly important for financial institutions or when required by parties
7. Force Majeure: Provisions for unforeseen circumstances preventing performance, adapted to Saudi law requirements
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered by the agreement
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 required for protecting confidential information
4. Schedule 4 - Approved Third Party Recipients: Pre-approved third parties who may receive confidential information, if any
5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for employees or third parties
6. Appendix B - Data Processing Requirements: Specific requirements for processing personal data under Saudi law, if applicable
Authors
Agreement
Authorized Purpose
Authorized Representative
Business Day
Confidential Information
Control
Data Protection Laws
Disclosing Party
Effective Date
Electronic Information
Group
Intellectual Property Rights
Notice
Permitted Recipients
Personal Data
Receiving Party
Representatives
Security Requirements
Subsidiary
Term
Third Party
Trade Secrets
Unauthorized Disclosure
Working Hours
Permitted Use
Permitted Disclosure
Information Security
Data Protection
Return of Information
Term and Survival
Non-Disclosure
Intellectual Property
Remedies
Indemnification
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Third Party Rights
Electronic Communications
Export Control
Regulatory Compliance
Sharia Compliance
Counterparts
Technology and Software
Manufacturing and Industrial
Professional Services
Healthcare and Pharmaceuticals
Financial Services
Energy and Utilities
Telecommunications
Research and Development
Defense and Aerospace
Education and Training
Construction and Engineering
Consumer Goods and Retail
Legal
Compliance
Business Development
Research and Development
Human Resources
Information Technology
Operations
Finance
Risk Management
Information Security
Procurement
Corporate Strategy
Intellectual Property
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Compliance Officer
Business Development Manager
Project Manager
Research and Development Director
Chief Technology Officer
Human Resources Director
Procurement Manager
Operations Manager
Chief Financial Officer
Investment Manager
Intellectual Property Manager
Risk Management Officer
Information Security Officer
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