Confidentiality And Proprietary Information Agreement for Singapore

Confidentiality And Proprietary Information Agreement Template for Singapore

A legally binding agreement under Singapore law that establishes obligations for protecting confidential and proprietary information shared between parties. It encompasses provisions for data protection under the PDPA, defines the scope of confidential information, outlines security measures, and specifies remedies for breach. The agreement is structured to comply with Singapore's robust intellectual property and trade secret protection framework.

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What is a Confidentiality And Proprietary Information Agreement?

A Confidentiality And Proprietary Information Agreement is essential when parties need to share sensitive business, technical, or proprietary information in Singapore. This document, governed by Singapore law including the PDPA and related legislation, establishes clear obligations for protecting confidential information, defines permitted uses, and outlines consequences of unauthorized disclosure. It's particularly relevant for business negotiations, employment relationships, and commercial partnerships where proprietary information needs protection.

What sections should be included in a Confidentiality And Proprietary Information Agreement?

1. Parties: Identification of all parties entering into the agreement, including full legal names and addresses

2. Background/Recitals: Context of the agreement and purpose for sharing confidential information

3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information'

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

5. Obligations of Confidentiality: Core confidentiality obligations and permitted uses of the information

6. Term and Termination: Duration of the agreement and termination provisions

7. Return of Confidential Information: Obligations regarding return or destruction of confidential information

8. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Confidentiality And Proprietary Information Agreement?

1. Data Protection: PDPA compliance provisions for handling personal data

2. Intellectual Property Rights: Provisions regarding IP ownership and licensing of confidential information

3. Non-Solicitation: Restrictions on soliciting employees or customers during and after the agreement

4. Security Measures: Specific security requirements and protocols for protecting confidential information

5. Third Party Rights: Provisions governing rights of third parties under the agreement

What schedules should be included in a Confidentiality And Proprietary Information Agreement?

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered under the agreement

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

3. Schedule 3 - Security Protocols: Specific security measures and procedures to be followed when handling confidential information

4. Schedule 4 - Approved Third Party Recipients: List of approved third parties who may receive the 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

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Strict NDA

A strict confidentiality agreement under Singapore law protecting sensitive business information with robust enforcement mechanisms.

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What is a Confidentiality And Proprietary Information Agreement?

What sections should be included in a Confidentiality And Proprietary Information Agreement?

What sections are optional to include in a Confidentiality And Proprietary Information Agreement?

What schedules should be included in a Confidentiality And Proprietary Information Agreement?

Authors

Alex Denne

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