The Perpetual Non Disclosure Agreement is essential for businesses operating in Singapore that need to protect sensitive information indefinitely. This document is particularly relevant when sharing trade secrets, proprietary technology, or other confidential information that requires long-term protection. Unlike fixed-term NDAs, this agreement ensures continuous protection under Singapore law, making it suitable for situations where the confidential information's value doesn't diminish over time. It addresses both common law principles and statutory requirements, including PDPA compliance where applicable.
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1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses
2. Background: Context of the agreement and purpose for sharing confidential information
3. Definitions: Clear definitions of confidential information, permitted purpose, and other key terms
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed
6. Return or Destruction of Information: Obligations regarding the handling of confidential information upon request or termination
7. Duration and Survival: Specification of the perpetual nature of obligations
8. Governing Law: Specification of Singapore law as governing law
1. Data Protection: Additional provisions for PDPA compliance when personal data is involved in the confidential information
2. Non-Solicitation: Restrictions on soliciting employees or customers when protecting business relationships is crucial
3. Assignment: Rights and restrictions regarding assignment of the agreement when transfer of rights needs to be addressed
4. Intellectual Property: Provisions regarding IP rights in confidential information when IP is a significant component
1. Schedule 1 - Categories of Confidential Information: Detailed list of types of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule 3 - Security Measures: Specific security protocols for protecting confidential information
4. Schedule 4 - Permitted Purpose: Detailed description of the permitted use of confidential information
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