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Generic Confidentiality Agreement
"I need a Generic Confidentiality Agreement for use between my Saudi technology company and potential investors, with specific provisions for protecting our proprietary software code and development roadmap during due diligence discussions planned for March 2025."
1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, purpose of sharing confidential information, and nature of the business relationship
3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement
5. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
6. Permitted Uses and Disclosures: Specific circumstances under which confidential information may be used or disclosed
7. Security Measures: Required security measures for protecting confidential information
8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
9. Term and Survival: Duration of the agreement and which obligations survive termination
10. Breach and Remedies: Consequences of breach and available remedies under Saudi law
11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Data Protection Compliance: Additional provisions for compliance with Saudi data protection laws when confidential information includes personal data
2. Electronic Information Security: Specific provisions for protecting digital information and compliance with cyber security regulations
3. Third Party Rights: Provisions regarding the rights of third parties whose confidential information may be involved
4. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, particularly important for financial institutions
5. Industry-Specific Requirements: Additional provisions for specific industries (e.g., healthcare, financial services)
6. Force Majeure: Provisions for handling confidentiality obligations during force majeure events
7. Anti-corruption Compliance: Additional provisions ensuring compliance with anti-corruption laws when sharing sensitive information
1. Schedule 1 - Detailed Description of Confidential Information: Comprehensive list or categories of information considered confidential under the agreement
2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information
4. Schedule 4 - Approved Third Party Recipients: If applicable, list of approved third parties who may receive confidential information
5. Schedule 5 - Return/Destruction Certificate: Template certificate for confirming return or destruction of confidential information
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Technology
Financial Services
Healthcare
Manufacturing
Professional Services
Real Estate
Construction
Energy
Telecommunications
Retail
Education
Transportation and Logistics
Mining and Natural Resources
Media and Entertainment
Agriculture
Defense and Security
Legal
Human Resources
Compliance
Business Development
Procurement
Research and Development
Information Technology
Finance
Operations
Risk Management
Information Security
Corporate Development
Strategy
Administration
Chief Executive Officer
Chief Legal Officer
Legal Counsel
Compliance Officer
Human Resources Director
Business Development Manager
Project Manager
Procurement Manager
Research and Development Director
Chief Technology Officer
Chief Financial Officer
Operations Manager
Contract Manager
Investment Manager
Risk Manager
Information Security Officer
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