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CONFIDENTIALITY UNDERTAKING

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CONFIDENTIALITY UNDERTAKING

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 000055
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

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.

Description

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

Jurisdiction

this document is intended for use in the United Arab Emirates.

Before Execution

- 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.