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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 |
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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. |
