Non Disclosure Agreement For Invention Template for Singapore

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Key Requirements PROMPT example:

Non Disclosure Agreement For Invention

"I need a Non Disclosure Agreement For Invention to protect my new medical device technology while discussing it with potential manufacturers in Singapore, with specific provisions for prototypes and testing data to be shared starting March 2025."

What is a Non Disclosure Agreement For Invention?

The Non Disclosure Agreement For Invention is essential when sharing sensitive information about new innovations or inventions in Singapore. This document is particularly crucial during the pre-patent phase or when discussing potential commercialization opportunities. It provides comprehensive protection under Singapore law, including the Patents Act and Trade Secrets Protection Act, ensuring that innovative intellectual property remains confidential during business discussions, investment negotiations, or research collaborations. The agreement is vital for maintaining patent rights and preventing unauthorized disclosure that could compromise the invention's commercial value.

What sections should be included in a Non Disclosure Agreement For Invention?

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

2. Background/Recitals: Context of the agreement and purpose of protecting confidential information relating to the invention

3. Definitions: Key terms including 'Confidential Information', 'Invention', 'Permitted Purpose', etc.

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

5. Permitted Use: Scope of allowed use of the confidential information

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

7. Return of 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 Non Disclosure Agreement For Invention?

1. Intellectual Property Rights: Additional provisions clarifying IP ownership and rights when the invention may lead to patent applications or other IP rights

2. Non-Competition: Additional restrictions on competitive activities when there's risk of competitive use of the information

3. Assignment: Provisions regarding rights to assign the agreement to other parties when transfer of rights might be needed

4. Data Protection: PDPA compliance provisions when personal data is involved in the confidential information

What schedules should be included in a Non Disclosure Agreement For Invention?

1. Description of Invention: Detailed technical description of the invention being protected

2. List of Confidential Materials: Specific enumeration of confidential documents and materials

3. Authorized Representatives: List of individuals authorized to receive confidential information

4. Security Procedures: Specific procedures for handling 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

Industries

Contracts Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore. Essential for ensuring the NDA meets basic contractual requirements.

Evidence Act (Cap. 97): Regulates the admissibility of evidence in legal proceedings, relevant for enforcement of confidentiality breaches.

Patents Act (Cap. 221): Governs patent protection in Singapore, crucial for maintaining invention novelty and managing disclosure timing for potential patent applications.

Trade Secrets Protection Act 2018: Provides specific protection for trade secrets and confidential information, defining requirements for trade secret status and remedies for misappropriation.

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data, relevant if the invention involves personal data processing.

Copyright Act (Cap. 63): Protects original works and may be relevant if the invention includes copyrightable elements like software or documentation.

Registered Designs Act (Cap. 266): Protects industrial designs and may be relevant if the invention includes design elements.

Trade Marks Act (Cap. 332): May be relevant if the invention involves branding elements or distinctive marks.

Trade Secret Requirements: Legal requirements for information to qualify as trade secrets: must have commercial value, be reasonably protected, and not be public knowledge.

Patent Rights Considerations: Requirements for maintaining patent eligibility including novelty, non-disclosure periods, and priority dates for patent applications.

Employment Law Implications: Considerations regarding employee inventions, work-for-hire provisions, and post-employment confidentiality obligations.

Contractual Elements: Essential contract components including capacity, consideration, clear definitions, duration, permitted uses, and return/destruction obligations.

Remedies and Enforcement: Available legal remedies including injunctive relief, damages, and specific performance for breach of confidentiality.

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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