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A Confidentiality Undertaking is usually drafted to impose a duty of confidentiality on one party, allowing the other party to reveal its confidential information for a period of time and only for a specific purpose, while the parties decide whether or not to enter into a particular commercial arrangement. Where both parties have confidential and proprietary information which is relevant to the purpose, then a Non-Disclosure Agreement (NDA) is drafted to impose mutual obligations on both parties.
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This Agreement contains the following sections: 1. Confidential Information 2. Exclusions 3. Undertakings 4. Acknowledgements 5. Duration 6. Indemnity 7. Warranties 8. Intellectual Property 9. Severance 10. Waiver & Execution 11. Variation 12. Assignment 13. Announcements 14. Governing Law & Jurisdiction |
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Jurisdiction |
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this document is intended for use in the United Arab Emirates. |
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Before Execution |
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- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only. - Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating or executing this agreement. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature. - Please remove the square brackets and all highlighting prior to signature. |
Disclaimer
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.
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