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Non Mutual NDA for Austria

Non Mutual NDA Template for Austria

This document is a one-way (non-mutual) Non-Disclosure Agreement governed by Austrian law, designed to protect confidential information disclosed by one party to another. It incorporates requirements from the Austrian Civil Code (ABGB), Trade Secrets Act, and relevant EU regulations including GDPR. The agreement establishes clear obligations for the receiving party regarding the handling, protection, and non-disclosure of confidential information, while providing robust remedies for the disclosing party in case of breach. The document includes specific provisions for security measures, permitted disclosures, and the return or destruction of confidential information.

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Non Mutual NDA

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What is a Non Mutual NDA?

This Non-Mutual NDA is essential for business situations where one party (the Disclosing Party) needs to share sensitive information with another party (the Receiving Party) while maintaining strict control over that information. The document is designed for use under Austrian law and incorporates key requirements from the Austrian Civil Code, Trade Secrets Act, and relevant EU regulations. It is particularly suitable for scenarios such as business negotiations, potential partnerships, service provider engagements, or investment discussions where proprietary information needs protection. The agreement includes detailed provisions for handling confidential information, security requirements, and breach remedies, while ensuring compliance with Austrian legal standards for contract formation and enforcement.

What sections should be included in a Non Mutual NDA?

1. Parties: Identification of the Disclosing Party and Receiving Party, including full legal names, registration details, and addresses

2. Background: Context of the disclosure relationship and purpose of the NDA

3. Definitions: Clear definitions of Confidential Information, Permitted Purpose, Affiliates, and other key terms

4. Disclosure of Confidential Information: Scope and method of confidential information disclosure

5. Obligations of Receiving Party: Detailed obligations regarding use, protection, and non-disclosure of confidential information

6. Permitted Disclosures: Circumstances under which the Receiving Party may disclose information to employees, advisors, or as required by law

7. Security Measures: Specific measures required to protect confidential information

8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

9. Term and Termination: Duration of the agreement and termination provisions

10. Remedies: Legal remedies available in case of breach, including injunctive relief

11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Non Mutual NDA?

1. Data Protection: Additional provisions for handling personal data under GDPR and Austrian Data Protection Act

2. Intellectual Property Rights: Clarification that the agreement does not transfer any IP rights

3. Export Control: Include when confidential information may be subject to export control regulations

4. Non-Solicitation: Prohibition on soliciting employees or customers, if relevant to the business relationship

5. Residual Information: Treatment of information retained in unaided memory

6. Warranties and Disclaimers: Specific warranties regarding the confidential information or disclaimers of liability

7. Costs: Allocation of costs related to protection of confidential information

What schedules should be included in a Non Mutual NDA?

1. Schedule 1 - Description of Confidential Information: Detailed description or categories of information considered confidential

2. Schedule 2 - Authorized Representatives: List of authorized representatives who may receive or handle confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information

4. Schedule 4 - Approved Purpose: Detailed description of the permitted purpose for which confidential information may be used

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions

























Clauses

























Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Research & Development

Biotechnology

Real Estate

Energy

Telecommunications

Automotive

Aerospace

Pharmaceuticals

Consumer Goods

Media & Entertainment

Relevant Teams

Legal

Executive

Business Development

Research & Development

Procurement

Human Resources

Information Technology

Finance

Operations

Compliance

Intellectual Property

Strategic Planning

Corporate Development

Risk Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Chief Technology Officer

Research Director

Investment Manager

Procurement Manager

Human Resources Director

Project Manager

Intellectual Property Manager

Chief Financial Officer

Operations Director

Strategic Partnership Manager

Compliance Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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