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Confidentiality Agreement

This Confidentiality Agreement (also known as a Non-Disclosure Agreement or NDA) is used to protect sensitive business information when shared with third parties. It is suitable for use when engaging with potential partners, employees, or contractors in a Southern African business context.

Updated 15d ago
confidentialityNDAnon-disclosureagreementlegalintellectual propertySouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

CONFIDENTIALITY AGREEMENT

This Confidentiality Agreement ("Agreement") is made and entered into as of {{date}} ("Effective Date")

BETWEEN:

{{company_name}}, a company duly incorporated and existing under the laws of {{country}}, with its principal place of business at {{company_address}} (hereinafter referred to as the "Disclosing Party").

AND:

{{recipient_name}}, an individual residing at {{recipient_address}} / a company duly incorporated and existing under the laws of {{country}}, with its principal place of business at {{recipient_address}} (hereinafter referred to as the "Receiving Party").

Collectively referred to as "the Parties".

1. Purpose

The Disclosing Party possesses certain confidential and proprietary information that it may disclose to the Receiving Party for the purpose of {{purpose_of_disclosure}} (the "Purpose"). The Receiving Party agrees to protect such information in accordance with the terms of this Agreement.

2. Definition of Confidential Information

"Confidential Information" shall include any and all information disclosed by the Disclosing Party to the Receiving Party, directly or indirectly, in written, oral, electronic, or other form, including but not limited to, business plans, financial data, customer lists, technical data, product designs, trade secrets, marketing strategies, and any other proprietary information that is marked or identified as confidential, or that by its nature would reasonably be understood to be confidential.

3. Obligations of Receiving Party

The Receiving Party agrees to:

(a) Use the Confidential Information solely for the Purpose.

(b) Maintain the Confidential Information in strict confidence and prevent its unauthorized disclosure or use.

(c) Not to copy, reproduce, or otherwise duplicate the Confidential Information, in whole or in part, without the prior written consent of the Disclosing Party.

(d) Disclose Confidential Information only to its employees, agents, or representatives who have a need to know such information for the Purpose and who are bound by obligations of confidentiality at least as restrictive as those contained herein.

(e) Notify the Disclosing Party immediately upon discovery of any unauthorised use or disclosure of Confidential Information.

4. Exclusions from Confidential Information

Confidential Information shall not include information that:

(a) Is or becomes publicly available through no fault of the Receiving Party.

(b) Was in the Receiving Party's possession prior to disclosure by the Disclosing Party, as evidenced by written records.

(c) Is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information.

(d) Is rightfully obtained by the Receiving Party from a third party without restriction on disclosure.

5. Term and Termination

This Agreement shall commence on the Effective Date and shall continue in full force and effect until {{termination_date_or_event}}.

The obligations of confidentiality hereunder shall survive the termination or expiration of this Agreement for a period of {{survival_period}} years.

6. Return of Confidential Information

Upon termination or expiration of this Agreement, or at any time upon the Disclosing Party's request, the Receiving Party shall promptly return or destroy all Confidential Information and all copies thereof, and certify in writing that all such materials have been returned or destroyed.

7. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of {{country}}.

The Parties hereto irrevocably submit to the exclusive jurisdiction of the courts of {{city}}, {{country}} for all purposes in connection with this Agreement.

8. General Provisions

(a) Entire Agreement: This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written.

(b) Amendments: No amendment or modification of this Agreement shall be valid unless made in writing and signed by authorised representatives of both Parties.

(c) Waiver: No waiver of any provision of this Agreement shall be effective unless in writing and signed by the waiving Party.

(d) Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Signature Block

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.

DISCLOSING PARTY:

_____________________________

Name: {{disclosing_party_name}}

Title: {{disclosing_party_title}}

Date: {{date}}

RECEIVING PARTY:

_____________________________

Name: {{receiving_party_name}}

Title: {{receiving_party_title}}

Date: {{date}}

Witnessed By:

_____________________________

Name: {{witness_name}}

Date: {{date}}

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