The Bilateral Confidentiality Agreement is essential when two parties need to share sensitive business or technical information in Singapore. This document, governed by Singapore law, provides a legal framework for protecting confidential information exchanged during business discussions, negotiations, or collaborations. It addresses compliance with Singapore's Personal Data Protection Act and includes specific provisions for handling, storing, and returning confidential information. The agreement is particularly important in Singapore's business environment, where intellectual property protection and data privacy are strictly regulated.
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Key Requirements PROMPT example:
Bilateral Confidentiality Agreement
"I need a Bilateral Confidentiality Agreement under Singapore law for my technology startup to protect proprietary software development information when discussing potential partnerships with overseas investors, with specific provisions for cross-border data transfer."
1. Parties: Identification and details of both parties entering into the agreement
2. Background: Context and purpose of the confidentiality agreement
3. Definitions: Key terms used in the agreement, particularly 'Confidential Information'
4. Scope of Confidentiality: Details of what information is considered confidential
5. Obligations of the Parties: Specific duties regarding handling of confidential information
6. Term and Termination: Duration of the agreement and termination conditions
7. Return of Confidential Information: Procedures for returning or destroying confidential information
8. Governing Law: Specification of Singapore law as governing law
1. Non-Solicitation: Prevents parties from soliciting each other's employees or clients
2. Data Protection: PDPA compliance requirements and data protection obligations
3. International Transfer: Rules for transferring information across borders
4. Intellectual Property: Protection of IP rights in relation to confidential information
1. Schedule of Confidential Information: Detailed list of specific confidential information covered
2. Schedule of Authorized Personnel: List of individuals authorized to access confidential information
3. Schedule of Security Measures: Specific security protocols to be followed
4. Schedule of Permitted Purposes: Defined purposes for which confidential information may be used
Authors
Relevant legal definitions
Agreement
Confidential Information
Disclosing Party
Receiving Party
Authorized Purpose
Authorized Representatives
Affiliate
Business Day
Effective Date
Term
Personal Data
Proprietary Information
Trade Secrets
Representatives
Permitted Purpose
Intellectual Property Rights
Security Measures
Confidentiality Period
Excluded Information
Force Majeure Event
Material Breach
Notice
Related Corporation
Singapore Dollar
Third Party
Confidential Information
Disclosing Party
Receiving Party
Authorized Purpose
Authorized Representatives
Affiliate
Business Day
Effective Date
Term
Personal Data
Proprietary Information
Trade Secrets
Representatives
Permitted Purpose
Intellectual Property Rights
Security Measures
Confidentiality Period
Excluded Information
Force Majeure Event
Material Breach
Notice
Related Corporation
Singapore Dollar
Third Party
Clauses
Confidentiality Obligations
Permitted Use
Non-Disclosure
Data Protection
Information Security
Return of Information
Term and Termination
Non-Competition
Non-Solicitation
Intellectual Property Rights
Permitted Disclosure
Exceptions to Confidentiality
Remedies
Indemnification
Assignment
Force Majeure
Notices
Severability
Entire Agreement
Amendment
Waiver
Governing Law
Dispute Resolution
Third Party Rights
Counterparts
Survival
Permitted Use
Non-Disclosure
Data Protection
Information Security
Return of Information
Term and Termination
Non-Competition
Non-Solicitation
Intellectual Property Rights
Permitted Disclosure
Exceptions to Confidentiality
Remedies
Indemnification
Assignment
Force Majeure
Notices
Severability
Entire Agreement
Amendment
Waiver
Governing Law
Dispute Resolution
Third Party Rights
Counterparts
Survival
Relevant Industries
Relevant Teams
Relevant Roles
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