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Vendor NDA
"I need a Vendor NDA for my technology company based in Manila, specifically to protect our proprietary software code and customer data when working with an IT maintenance service provider starting January 2025."
1. Parties: Identification of the disclosing party (typically the company) and receiving party (the vendor), including complete legal names and addresses
2. Background: Context of the relationship between parties and purpose of sharing confidential information
3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Trade Secrets', 'Authorized Personnel', and 'Permitted Purpose'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information
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 survival of obligations after termination
8. Return or Destruction of Confidential Information: Requirements 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
1. Data Privacy Compliance: Additional section required when confidential information includes personal data covered by the Data Privacy Act
2. Intellectual Property Rights: Additional provisions when confidential information includes IP-protected materials
3. Security Measures: Specific technical and organizational measures required for protecting confidential information
4. Non-Solicitation: Optional restrictions on soliciting employees or customers, if relevant to the vendor relationship
5. Assignment and Succession: Include when either party may need to transfer rights under the agreement
6. Insurance Requirements: Include when vendor needs to maintain specific insurance coverage for data protection
7. Audit Rights: Include when regular auditing of vendor's compliance is necessary
1. Schedule 1 - Description of Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used
2. Schedule 2 - Authorized Personnel: List of individuals or roles authorized to access confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information
4. Appendix A - Types of Confidential Information: Detailed categorization of different types of confidential information covered
5. Appendix B - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information
Authors
Information Technology
Business Process Outsourcing
Manufacturing
Financial Services
Healthcare
Retail
Telecommunications
Professional Services
Construction
Energy
Logistics
Education
Legal
Procurement
Information Technology
Information Security
Compliance
Risk Management
Operations
Finance
Human Resources
Research & Development
Project Management
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Procurement Manager
Vendor Relations Manager
Contract Administrator
Chief Information Officer
Chief Technology Officer
Chief Financial Officer
Operations Manager
Project Manager
Information Security Officer
Data Protection Officer
Risk Manager
Compliance Officer
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