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Broker NDA
"I need a Broker NDA for my real estate company based in Manila, to be used with independent property brokers who will be marketing our new commercial development launching in March 2025; the agreement should include strict confidentiality provisions regarding pricing strategies and investor information."
1. Parties: Identification of the disclosing party, receiving party (broker), and any relevant affiliated entities
2. Background: Context of the broker relationship and purpose of the NDA
3. Definitions: Key terms including 'Confidential Information', 'Broker Services', 'Permitted Purpose', and other relevant definitions
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the broker relationship
5. Confidentiality Obligations: Core obligations of the broker regarding the protection and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors
7. Broker's Duties and Responsibilities: Specific obligations related to the broker's role and handling of confidential information
8. Security Measures: Required security measures for protecting confidential information
9. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination
10. Term and Termination: Duration of the agreement and termination provisions
11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
12. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Digital Security Measures: Specific provisions for electronic data protection, necessary when confidential information is primarily shared digitally
2. International Transfer of Data: Required when the broker may need to transfer confidential information across borders
3. Broker's Representatives: Provisions regarding specific authorized representatives who may access confidential information
4. Competition Restrictions: Non-compete provisions if required for specific broker relationships
5. Insurance Requirements: Specific insurance obligations for high-value or high-risk broker relationships
6. Audit Rights: Rights to audit the broker's compliance with confidentiality obligations, useful for highly sensitive information
1. Schedule A - Confidential Information: Detailed list or categories of confidential information covered by the agreement
2. Schedule B - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule C - Security Protocols: Specific security measures and protocols to be followed
4. Schedule D - Broker Services: Detailed description of the broker services to be provided
5. Appendix 1 - Data Handling Procedures: Specific procedures for handling, storing, and disposing of confidential information
6. Appendix 2 - Incident Response Plan: Procedures to be followed in case of data breach or unauthorized disclosure
Authors
Real Estate
Financial Services
Insurance
Securities Trading
Commodities Trading
Business Consulting
Investment Banking
Commercial Property
Mergers and Acquisitions
International Trade
Venture Capital
Private Equity
Legal
Compliance
Risk Management
Business Development
Finance
Operations
Commercial
Procurement
Real Estate
Investment
Corporate Development
Information Security
Chief Executive Officer
Chief Financial Officer
Business Development Manager
Real Estate Broker
Financial Broker
Legal Counsel
Compliance Officer
Risk Manager
Investment Manager
Commercial Director
Business Broker
Property Manager
Securities Broker
Insurance Broker
Procurement Manager
Contract Manager
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