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Legal AgreementsDue Diligence

Non Disclosure Agreement Nda

This Non-Disclosure Agreement (NDA) template is used to protect confidential information shared between two parties. It is suitable for use when engaging with potential partners, employees, or contractors in a Southern African business context.

Updated 15d ago
NDANon-Disclosure Agreementconfidentialitylegal agreementdue diligenceSouthern Africa

COMPANY LETTERHEAD

{{company_name}}

{{company_address}}

Tel: {{phone}} | Email: {{email}}

Website: {{website}}

NON-DISCLOSURE AGREEMENT

This Non-Disclosure Agreement (the "Agreement") is made and entered into as of {{date_of_agreement}} (the "Effective Date"), by and between:

{{disclosing_party_name}}, a company duly incorporated and existing under the laws of {{country_of_incorporation}}, with its principal place of business at {{disclosing_party_address}} (hereinafter referred to as "Disclosing Party"); and

{{receiving_party_name}}, a company duly incorporated and existing under the laws of {{country_of_incorporation}}, with its principal place of business at {{receiving_party_address}} (hereinafter referred to as "Receiving Party").

The Disclosing Party and the Receiving Party are hereinafter collectively referred to as the "Parties" and individually as a "Party".

RECITALS

WHEREAS, the Disclosing Party possesses certain confidential and proprietary information relating to {{nature_of_confidential_information}} (the "Confidential Information"); and

WHEREAS, the Disclosing Party wishes to disclose certain Confidential Information to the Receiving Party for the purpose of {{purpose_of_disclosure}} (the "Permitted Purpose"); and

WHEREAS, the Receiving Party is willing to receive such Confidential Information subject to the terms and conditions set forth in this Agreement.

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

DEFINITIONS

"Confidential Information" shall mean any and all information, whether written or oral, tangible or intangible, 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, and any other information that is designated as confidential or would reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.

OBLIGATIONS OF RECEIVING PARTY

The Receiving Party agrees to: (a) hold the Confidential Information in strict confidence and to take all reasonable measures to protect it from unauthorised disclosure; (b) not use the Confidential Information for any purpose other than the Permitted Purpose; (c) not disclose or make available the Confidential Information to any third party without the prior written consent of the Disclosing Party; (d) limit access to the Confidential Information to its employees, agents, or contractors who have a legitimate need to know such information for the Permitted Purpose and who are bound by confidentiality obligations at least as stringent as those contained herein; and (e) immediately notify the Disclosing Party of any unauthorised use or disclosure of the Confidential Information.

EXCLUSIONS FROM CONFIDENTIAL INFORMATION

The obligations of confidentiality under this Agreement shall not apply to information that: (a) is or becomes publicly available through no fault of the Receiving Party; (b) was already 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 reference to the Confidential Information; (d) is rightfully obtained by the Receiving Party from a third party without breach of any confidentiality obligation; or (e) is required to be disclosed by law or by a governmental or regulatory authority, provided that the Receiving Party provides prompt notice to the Disclosing Party of such requirement.

RETURN OF CONFIDENTIAL INFORMATION

Upon request by the Disclosing Party, or upon termination of this Agreement, the Receiving Party shall promptly return or destroy all Confidential Information (and all copies thereof) disclosed under this Agreement and shall provide written certification of such return or destruction.

TERM AND TERMINATION

This Agreement shall commence on the Effective Date and shall remain in full force and effect for a period of {{term_duration}} years, unless terminated earlier by mutual written agreement of the Parties or as otherwise provided herein. The obligations of confidentiality hereunder shall survive the termination of this Agreement for a period of {{survival_period}} years.

GOVERNING LAW AND JURISDICTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}. The Parties hereby irrevocably submit to the exclusive jurisdiction of the courts of {{governing_jurisdiction}} for the resolution of any dispute arising out of or in connection with this Agreement.

GENERAL PROVISIONS

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, between the Parties. No amendment or modification of this Agreement shall be valid unless in writing and signed by both Parties. No failure or delay by either Party in exercising any right, power, or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power, or privilege.

SIGNATURE BLOCK

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

------------------------------------

Disclosing Party: {{disclosing_party_name}}

Name: {{disclosing_party_signatory_name}}

Title: {{disclosing_party_signatory_title}}

Date: {{disclosing_party_signature_date}}

------------------------------------

Receiving Party: {{receiving_party_name}}

Name: {{receiving_party_signatory_name}}

Title: {{receiving_party_signatory_title}}

Date: {{receiving_party_signature_date}}

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