Non Disclosure Agreement Template Indonesia

NON-DISCLOSURE AGREEMENT (PERJANJIAN KERAHASIAAN)

This Non-Disclosure Agreement (the "Agreement") is entered into as of [Date] (the "Effective Date") by and between:

1. [Company Name/Individual Name], a company organized and existing under the laws of the Republic of Indonesia, with its principal place of business at [Full Address] (hereinafter referred to as the "Disclosing Party");

AND

2. [Company Name/Individual Name], a company organized and existing under the laws of the Republic of Indonesia, with its principal place of business at [Full Address] (hereinafter referred to as the "Receiving Party").

(Collectively referred to as the "Parties" and individually as a "Party").

1. PURPOSE

The Parties wish to explore a potential business opportunity in connection with [Describe Purpose/Project Name] (the "Purpose"). In connection with the Purpose, the Disclosing Party may disclose certain Confidential Information to the Receiving Party.

2. DEFINITION OF CONFIDENTIAL INFORMATION

"Confidential Information" means any and all technical, financial, commercial, or other information (whether oral, written, or in electronic form) disclosed by the Disclosing Party to the Receiving Party, including but not limited to trade secrets, customer lists, business plans, software, data, and intellectual property, marked as "Confidential" or which should reasonably be understood to be confidential given the nature of the information.

3. OBLIGATIONS OF THE RECEIVING PARTY

The Receiving Party agrees to: a) Use the Confidential Information solely for the Purpose; b) Maintain the confidentiality of the information with the same degree of care as it uses to protect its own confidential information, but in no event less than a reasonable degree of care; c) Restrict disclosure of such information solely to its employees, consultants, or legal advisors who have a "need to know" and who are bound by confidentiality obligations at least as restrictive as those herein.

4. EXCLUSIONS

Confidential Information does not include information that: a) Is or becomes public knowledge through no fault of the Receiving Party; b) Was rightfully in the Receiving Party’s possession prior to disclosure; c) Is independently developed by the Receiving Party without reference to the Confidential Information; d) Is required to be disclosed by law or by a valid order of a court or government agency of competent jurisdiction in the Republic of Indonesia.

5. TERM

This Agreement shall remain in effect for a period of [Number] years from the Effective Date. The obligations of confidentiality shall survive for a period of [Number] years following the termination or expiration of this Agreement.

6. RETURN OF MATERIALS

Upon written request of the Disclosing Party, the Receiving Party shall promptly return or destroy all documents and other tangible materials containing Confidential Information and certify such destruction in writing.

7. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of the Republic of Indonesia. Any disputes arising out of this Agreement shall be settled amicably by the Parties. If no settlement is reached within [Number] days, the dispute shall be submitted to the exclusive jurisdiction of the District Court of [City/Region, e.g., South Jakarta].

8. MISCELLANEOUS

This Agreement constitutes the entire agreement between the Parties regarding the subject matter hereof and may only be amended in writing signed by authorized representatives of both Parties.

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representatives as of the date first written above.

For and on behalf of: THE DISCLOSING PARTY

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Name: [Name of Signatory] Title: [Job Title]

For and on behalf of: THE RECEIVING PARTY

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Name: [Name of Signatory] Title: [Job Title]

(Note: Under Indonesian law, agreements are often subject to "Materai" (stamp duty) requirements. Please ensure a 10,000 IDR stamp duty is affixed to the signed documents to ensure validity in court.)