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The Intellectual Property Non Disclosure Agreement is essential for businesses and organizations operating in Saudi Arabia who need to protect their confidential information and intellectual property during business discussions, negotiations, or collaborative projects. This document is particularly relevant given Saudi Arabia's rapid economic development and increasing focus on innovation and technology under Vision 2030. The agreement ensures compliance with Saudi Arabian legal requirements, including the Law of Trade Secrets 2005, Patent Law, and Copyright Law, while incorporating Shariah law principles. It provides comprehensive protection for various forms of intellectual property, trade secrets, and confidential information, establishing clear guidelines for information sharing, usage restrictions, and consequences of breach. The document is commonly used in business negotiations, joint ventures, technology transfers, and research collaborations within the Kingdom.

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details as per Saudi commercial registration requirements

2. Background: Context of the agreement, relationship between the parties, and purpose of sharing confidential information

3. Definitions: Detailed definitions of key terms including 'Confidential Information', 'Intellectual Property Rights', 'Permitted Purpose', and other relevant terms, in both English and Arabic where necessary

4. Scope of Confidentiality: Detailed description of what information is considered confidential and protected 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, advisors, or as required by law

7. Intellectual Property Rights: Assertion of IP ownership and rights, including provisions for new IP created during the relationship

8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination or request

9. Term and Termination: Duration of the agreement and circumstances for termination

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

11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes

12. General Provisions: Standard boilerplate clauses adapted to Saudi law requirements