Binding Non Disclosure Agreement

Binding Non Disclosure Agreement Template for Philippines

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Binding Non Disclosure Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Binding Non-Disclosure Agreement for a technology startup sharing sensitive software development information with potential investors, with special emphasis on protecting our source code and technical specifications."

Document background

This Binding Non-Disclosure Agreement template is designed for use in the Philippine business environment, ensuring compliance with local laws and regulations. The document is essential when parties need to share sensitive business, technical, or proprietary information while maintaining confidentiality. It's particularly relevant for business negotiations, joint ventures, potential partnerships, or employment relationships where confidential information needs protection. The agreement incorporates requirements from key Philippine legislation, including the Data Privacy Act of 2012 and the Intellectual Property Code, making it suitable for both domestic and international business relationships involving Philippine entities. This template can be customized based on specific business needs while maintaining its enforceability under Philippine law.

Suggested Sections

1. Parties: Identifies and provides full legal details of all parties to the agreement

2. Background: Sets out the context and purpose of the NDA, including the nature of the business relationship

3. Definitions: Defines key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant terms

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

5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions and security measures

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Term and Survival: Duration of the agreement and which obligations survive termination

8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request

9. Remedies: Legal remedies available in case of breach, including injunctive relief

10. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement

Optional Sections

1. Data Privacy Compliance: Additional provisions specifically addressing compliance with the Data Privacy Act of 2012, required when personal data is involved

2. Intellectual Property Rights: Specific provisions regarding IP ownership and rights, needed when IP may be created or shared

3. Security Measures: Detailed security protocols for handling confidential information, useful for highly sensitive information

4. Non-Solicitation: Prevents poaching of employees or clients, relevant in business relationship contexts

5. Export Control: Required when dealing with international transfers of technology or technical data

6. Force Majeure: Addresses extraordinary circumstances affecting confidentiality obligations, particularly relevant in long-term NDAs

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered

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 for handling confidential information

4. Appendix A - Form of Acknowledgment: Template for acknowledgment by representatives who will have access to 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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Real Estate

Retail

Telecommunications

Energy

Education

Research and Development

Pharmaceuticals

Media and Entertainment

Construction

Business Process Outsourcing

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Operations

Finance

Procurement

Compliance

Product Development

Strategic Planning

Corporate Communications

Investment

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Human Resources Director

Project Manager

Research Director

Chief Technology Officer

Investment Manager

Operations Manager

Procurement Manager

Technical Consultant

Product Development Manager

Strategic Partnership Director

Compliance Officer

Find the exact document you need