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NDA For Interns
"I need an NDA for Interns to protect our fintech company's confidential trading algorithms and client data, as we're bringing in 5 technical interns from local universities starting March 2025."
1. Parties: Identifies the contracting parties (company and intern)
2. Background: Context of the internship and need for confidentiality
3. Definitions: Key terms including 'Confidential Information', 'Trade Secrets', etc.
4. Scope of Confidential Information: Detailed description of what constitutes confidential information
5. Obligations of Confidentiality: Intern's duties regarding confidential information
6. Term and Survival: Duration of agreement and surviving obligations
7. Return of Materials: Requirements for returning confidential materials
8. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: Additional clause for when intern may create IP during internship - include when intern will be involved in creative or technical work
2. Non-Competition: Restrictions on working with competitors - include when intern will have access to highly sensitive competitive information
3. Third Party Rights: Rights of third parties under the agreement - include when other entities might need to enforce the NDA
4. Data Protection: Specific PDPA compliance obligations - include when intern will handle personal data
1. Schedule 1: Types of Confidential Information: Detailed list of confidential information categories
2. Schedule 2: Authorized Purposes: Permitted uses of confidential information
3. Schedule 3: Security Procedures: Specific procedures for handling confidential information
4. Appendix A: Acknowledgment Form: Form for intern to acknowledge receipt and understanding of NDA
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