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How to Sign an NDA Agreement

This template provides comprehensive instructions on how to properly sign a Non-Disclosure Agreement (NDA). It outlines the steps involved, key considerations, and required information to ensure a legally binding agreement.

Updated 15d ago
NDANon-Disclosure AgreementLegal AgreementConfidentialitySigning InstructionsCompany PolicyCompliance

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Document Title and Parties

**NON-DISCLOSURE AGREEMENT (NDA)**

This Non-Disclosure Agreement (hereinafter referred to as the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}},

BETWEEN:

**{{disclosing_party_name}}** (hereinafter referred to as the 'Disclosing Party'), a company duly incorporated and existing under the laws of [South Africa/Nigeria/Kenya/etc.], with its principal place of business at {{disclosing_party_address}}.

AND

**{{receiving_party_name}}** (hereinafter referred to as the 'Receiving Party'), a company/individual duly incorporated and existing under the laws of [South Africa/Nigeria/Kenya/etc.], with its principal place of business/residence at {{receiving_party_address}}.

Recitals

WHEREAS, the Disclosing Party possesses certain confidential and proprietary information that it wishes to disclose to the Receiving Party for the purpose of {{purpose_of_disclosure}} (hereinafter referred to as the 'Purpose'); and

WHEREAS, the Receiving Party is willing to receive such confidential information subject to the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

Definition of Confidential Information

For the purpose of this Agreement, 'Confidential Information' shall include all information, whether oral, written, electronic, or in any other form, disclosed by the Disclosing Party to the Receiving Party, including but not limited to, trade secrets, business plans, financial data, customer lists, technical data, product designs, marketing strategies, software, and any other proprietary information. Confidential Information shall not include information that:

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

b) Was rightfully in the Receiving Party's possession prior to disclosure by the Disclosing Party;

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

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

Obligations of the Receiving Party

The Receiving Party agrees to:

a) Maintain the Confidential Information in strict confidence and not disclose it to any third party without the prior written consent of the Disclosing Party;

b) Use the Confidential Information solely for the Purpose and for no other purpose;

c) Take all reasonable measures to protect the secrecy of and avoid disclosure or unauthorized use of the Confidential Information, using at least the same degree of care as it uses to protect its own confidential information, but in no event less than reasonable care;

d) Restrict access to the Confidential Information to its employees, contractors, or agents who have a need to know such information for the Purpose and who are bound by confidentiality obligations at least as stringent as those contained herein;

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

Term and Termination

This Agreement shall commence on the date first written above and shall remain in effect for a period of {{term_duration}} years, or until the Confidential Information is no longer confidential, whichever occurs first.

Upon termination of this Agreement or at the written request of the Disclosing Party, the Receiving Party shall promptly return or destroy all Confidential Information and all copies thereof, and certify in writing to the Disclosing Party that all such Confidential Information has been returned or destroyed.

Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of [South Africa/Nigeria/Kenya/etc.], without regard to its conflict of laws principles.

Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [South Africa/Nigeria/Kenya/etc.].

Entire Agreement

This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, of the parties. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.

Severability

If any provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby, and the parties shall negotiate in good faith to replace the invalid, illegal, or unenforceable provision with a valid, legal, and enforceable provision that achieves, to the greatest extent possible, the economic, business, and other purposes of such invalid, illegal, or unenforceable provision.

Signatures

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

[For Disclosing Party]

___________________________

Signature

Name: {{disclosing_party_signatory_name}}

Title: {{disclosing_party_signatory_title}}

Date: {{disclosing_party_signature_date}}

[For Receiving Party]

___________________________

Signature

Name: {{receiving_party_signatory_name}}

Title: {{receiving_party_signatory_title}}

Date: {{receiving_party_signature_date}}

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