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NDA Agreement Form Template for Philippines

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Key Requirements PROMPT example:

NDA Agreement Form

"I need an NDA Agreement Form for my Manila-based tech startup to use with potential investors and business partners, with specific provisions for protecting our proprietary software code and business strategy documents during our Series A funding round starting January 2025."

Document background
The NDA Agreement Form is a crucial legal document used in the Philippines when parties need to share sensitive or confidential information while ensuring its protection. This document is essential for businesses, individuals, and organizations operating under Philippine jurisdiction who need to safeguard proprietary information, trade secrets, business strategies, or personal data during negotiations, employment relationships, or business partnerships. The agreement is structured to comply with Philippine legal requirements, including the Data Privacy Act of 2012, the Civil Code, and the Intellectual Property Code. It provides comprehensive protection for confidential information while establishing clear obligations, permissions, and remedies for all parties involved. The document is particularly relevant in today's digital business environment, where information sharing is common but requires careful management and legal protection.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details if applicable

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

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Authorized Persons', and other relevant terms

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

5. Obligations of Receiving Party: Core confidentiality obligations, including use restrictions, security measures, and non-disclosure requirements

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

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. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief

10. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

11. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability

Optional Sections

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

2. Intellectual Property Rights: Additional provisions clarifying ownership and IP rights, necessary when confidential information includes IP

3. Non-Solicitation: Restrictions on soliciting employees or customers, useful in business contexts

4. Electronic Execution: Provisions for electronic signing and compliance with E-Commerce Act, needed for digital execution

5. Assignment: Rules regarding transfer of rights and obligations, important for corporate transactions

6. Competitive Activities: Restrictions on competitive activities, relevant in business partnership contexts

7. Information Security Requirements: Specific technical and organizational measures for protecting confidential information, necessary for digital assets

Suggested Schedules

1. Schedule A - Description of 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 procedures for handling confidential information

4. Appendix 1 - Data Processing Requirements: Specific requirements for processing personal data under Philippine law, if applicable

5. Appendix 2 - Form of Confidentiality Undertaking: Template for confidentiality undertakings by authorized representatives or employees

Authors

Alex Denne

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

Relevant legal definitions






























Clauses




























Relevant Industries

Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Real Estate

Retail

Telecommunications

Education

Research and Development

Pharmaceuticals

Entertainment

Energy

Construction

Business Process Outsourcing

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Finance

Operations

Procurement

Compliance

Information Security

Corporate Communications

Project Management

Investment

Administrative

Relevant Roles

Chief Executive Officer

Legal Counsel

Human Resources Manager

Business Development Manager

Project Manager

Research Director

Chief Technology Officer

Finance Director

Operations Manager

Procurement Manager

Investment Analyst

Product Development Manager

Compliance Officer

Information Security Officer

Contract Administrator

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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