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Business Plan Non Disclosure Agreement for Austria

Business Plan Non Disclosure Agreement Template for Austria

This document is an Austrian-law governed Non-Disclosure Agreement specifically designed for the protection of business plan information. It incorporates requirements from Austrian trade secrets legislation, the Austrian Civil Code (ABGB), and relevant EU regulations including GDPR. The agreement provides comprehensive protection for confidential business information while facilitating necessary business discussions and potential investment opportunities. It includes specific provisions for handling sensitive financial projections, market strategies, intellectual property, and other proprietary information typically contained in business plans, while ensuring compliance with Austrian legal requirements for enforceability.

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What is a Business Plan Non Disclosure Agreement?

The Business Plan Non Disclosure Agreement is essential when companies need to share sensitive business planning information with potential investors, partners, or advisors in Austria. This document is particularly crucial in the early stages of business relationships where detailed financial, strategic, and operational information needs to be disclosed for evaluation purposes. The agreement, governed by Austrian law, ensures that confidential business plan information is protected under both Austrian trade secrets legislation and EU regulations. It is commonly used in investment negotiations, strategic partnerships, and consulting engagements where comprehensive business plans containing proprietary information, market analyses, financial projections, and strategic initiatives need to be shared. The document addresses specific requirements of Austrian contract law while maintaining practical usability in international business contexts.

What sections should be included in a Business Plan Non Disclosure Agreement?

1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses

2. Background: Context of the disclosure, purpose of sharing the business plan, and intended business relationship

3. Definitions: Key terms including 'Confidential Information', 'Business Plan', 'Permitted Purpose', 'Affiliated Companies', and 'Representatives'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information, specifically relating to the business plan contents

5. Confidentiality Obligations: Core obligations regarding non-disclosure, use restrictions, and security measures for protecting the business plan

6. Permitted Disclosures: Circumstances under which the receiving party may share information with employees, advisors, or as required by law

7. Return or Destruction of Information: Requirements for handling confidential information upon termination or request

8. Duration of Obligations: Term of the agreement and survival of confidentiality obligations

9. Breach and Remedies: Consequences of breach, including injunctive relief and damages under Austrian law

10. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

What sections are optional to include in a Business Plan Non Disclosure Agreement?

1. Data Protection Compliance: Required when business plan contains personal data subject to GDPR

2. Intellectual Property Rights: Added when business plan contains patentable information or specific IP that needs additional protection

3. Non-Solicitation: Optional clause preventing solicitation of employees or customers, if relevant to the business context

4. Residual Knowledge: Optional clause addressing use of general knowledge and experience gained, if acceptable to disclosing party

5. Competition Restrictions: Added when parties are potential competitors and additional competitive safeguards are needed

6. Representatives' Obligations: Detailed section on representatives' duties when they will have significant access to the business plan

What schedules should be included in a Business Plan Non Disclosure Agreement?

1. Schedule 1 - Description of Business Plan: Detailed description of the business plan documents and materials covered by the NDA

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

3. Schedule 3 - Security Measures: Specific security protocols and measures required for protecting the confidential information

4. Appendix A - Acknowledgment Form: Form to be signed by representatives who will have access to the confidential information

5. Appendix B - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions

































Clauses

























Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Real Estate

Retail

E-commerce

Biotechnology

Energy

Transportation

Media and Entertainment

Professional Services

Software Development

Clean Technology

Consumer Goods

Telecommunications

Relevant Teams

Legal

Finance

Corporate Development

Business Development

Executive Leadership

Investment

Strategy

Mergers and Acquisitions

Venture Capital

Due Diligence

Corporate Strategy

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Business Development Manager

Investment Manager

Legal Counsel

Corporate Lawyer

Venture Capital Associate

Private Equity Manager

Strategy Consultant

Financial Analyst

Business Advisor

Startup Founder

Managing Director

Corporate Development Officer

General Counsel

Investment Director

Due Diligence Specialist

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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