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3 Way NDA Template for Saudi Arabia

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Key Requirements PROMPT example:

3 Way NDA

"I need a Three Way NDA under Saudi law for a software development project between my tech company, a cloud services provider, and a cybersecurity consultant, with strict provisions for electronic data protection and source code confidentiality."

Document background
This Three Way NDA is essential for business arrangements in Saudi Arabia where confidential information needs to be shared between three distinct parties. It is commonly used in joint ventures, merger discussions, complex supplier relationships, or when engaging multiple service providers. The document ensures compliance with Saudi Arabian legal requirements, including the Commercial Courts Law, Data Protection Law, and principles of Shariah law. It provides comprehensive protection for confidential information, covering both traditional business secrets and electronic data, while establishing clear protocols for information sharing and security measures. The three-way structure accommodates complex business relationships where information flows between multiple parties, each with distinct roles and responsibilities in the arrangement.
Suggested Sections

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

2. Background: Explains the context and purpose of the three-way confidentiality arrangement

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

4. Scope of Confidential Information: Detailed description of what constitutes confidential information for each party

5. Permitted Disclosures: Specifies how and when confidential information can be shared between the three parties and with authorized third parties

6. Confidentiality Obligations: Details the specific obligations of each party regarding protection and non-disclosure of confidential information

7. Information Flow and Usage: Specifies how information can flow between the three parties and permitted uses

8. Security Measures: Required security measures for protecting confidential information

9. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon request or termination

10. Term and Termination: Duration of the agreement and termination provisions

11. Breach and Remedies: Consequences of breach and available remedies under Saudi law

12. Governing Law and Jurisdiction: Specifies Saudi law as governing law and jurisdiction for disputes

13. General Provisions: Standard provisions including severability, amendments, and entire agreement

Optional Sections

1. Electronic Data Handling: Specific provisions for handling digital confidential information and cybersecurity requirements - include when information is primarily shared electronically

2. Force Majeure: Provisions for unforeseen circumstances preventing performance - include in complex or long-term arrangements

3. Shariah Compliance: Explicit confirmation of Shariah compliance - include when parties specifically require this assurance

4. Data Protection Compliance: Specific provisions relating to personal data protection under PDPL - include when confidential information includes personal data

5. International Transfer: Provisions for cross-border transfer of information - include when parties are in different jurisdictions

6. Costs and Expenses: Allocation of costs related to protecting confidential information - include for complex arrangements with significant security requirements

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed categorization of confidential information for each party

2. Schedule 2 - Authorized Representatives: List of authorized representatives for each party who may handle confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols to be followed by all parties

4. Schedule 4 - Information Flow Diagram: Visual representation of permitted information flow between the three parties

5. Schedule 5 - Approved Third Party Recipients: Pre-approved list of third parties who may receive confidential information

6. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertaking to be signed by authorized recipients

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

Relevant legal definitions













































Clauses


































Relevant Industries

Technology

Financial Services

Manufacturing

Healthcare

Energy

Oil & Gas

Construction

Real Estate

Professional Services

Telecommunications

Education

Defense

Mining

Petrochemicals

Renewable Energy

Aviation

Maritime

Logistics

Entertainment

Tourism

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Information Technology

Security

Risk Management

Operations

Finance

Research & Development

Corporate Strategy

Procurement

Innovation

Corporate Affairs

Information Security

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Commercial Director

Business Development Manager

Project Manager

Chief Technology Officer

Chief Financial Officer

Compliance Officer

Risk Manager

Corporate Secretary

Investment Director

Operations Director

Research Director

Head of Strategy

Procurement Manager

Technical Director

Innovation Manager

Information Security Officer

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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