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NDA For Due Diligence Template for Singapore

This is a non-disclosure agreement specifically designed for due diligence processes under Singapore law. It provides comprehensive protection for confidential information shared during the evaluation of a potential transaction or investment. The document incorporates Singapore's Personal Data Protection Act requirements and includes specific provisions for handling sensitive business information, trade secrets, and personal data in accordance with Singapore's legal framework.

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What is a NDA For Due Diligence?

The NDA For Due Diligence is essential when parties are contemplating a significant business transaction under Singapore law, such as a merger, acquisition, or investment. It ensures that sensitive information shared during the evaluation process remains confidential and is used solely for the intended purpose. This document addresses specific requirements under Singapore's legal framework, including PDPA compliance, and typically precedes more detailed transaction documents. It's particularly crucial given Singapore's position as a major financial and business hub, where complex cross-border transactions are common.

What sections should be included in a NDA For Due Diligence?

1. Parties: Identifies and defines the parties entering into the NDA

2. Background: States the purpose of the NDA and context of the due diligence

3. Definitions: Defines key terms used throughout the agreement including Confidential Information, Permitted Purpose, and Representatives

4. Confidentiality Obligations: Core obligations regarding handling of confidential information, including non-disclosure and protection requirements

5. Permitted Use: Specifies allowed uses of confidential information and restrictions on use

6. Duration and Survival: Specifies term of agreement and surviving obligations after termination

7. Return or Destruction of Information: Requirements for handling confidential information after completion of the due diligence

What sections are optional to include in a NDA For Due Diligence?

1. Data Protection Provisions: Additional provisions addressing PDPA compliance when personal data is involved in the due diligence

2. Securities Trading Restrictions: Provisions preventing insider trading and compliance with securities laws for listed companies

3. Clean Room Procedures: Procedures for handling competitively sensitive information in compliance with competition laws

What schedules should be included in a NDA For Due Diligence?

1. List of Authorized Personnel: Names and roles of individuals authorized to access confidential information

2. Information Security Requirements: Specific technical and organizational measures required for information protection

3. Form of Confidentiality Undertaking: Template for additional confidentiality undertakings by representatives

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

Jurisdiction

Singapore

Publisher

Genie AI

Cost

Free to use

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