Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
NON-DISCLOSURE AGREEMENT (NDA)
This Non-Disclosure Agreement (the "Agreement") is made effective this {{day}} day of {{month}}, {{year}} (the "Effective Date"), by and between:
{{company_name}}, a company duly incorporated under the laws of {{country}}, with its principal place of business at {{company_address}} (hereinafter referred to as "Disclosing Party"); and
{{contractor_name}}, an individual/company with ID/Registration Number {{contractor_id_number}}, residing at/with its principal place of business at {{contractor_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 that it wishes to disclose to the Receiving Party for the purpose of {{purpose_of_disclosure}} (the "Permitted Purpose");
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:
DEFINITION OF CONFIDENTIAL INFORMATION
"Confidential Information" means any and all information, whether written or oral, tangible or intangible, disclosed by the Disclosing Party to the Receiving Party, directly or indirectly, in connection with the Permitted Purpose. This includes, but is not limited to, trade secrets, business plans, financial data, customer lists, technical data, product designs, software, marketing strategies, inventions, formulas, processes, and any other proprietary information.
Confidential Information shall not include information that:
(a) is or becomes publicly available through no act or omission of the Receiving Party;
(b) was in the Receiving Party's lawful possession prior to the time of disclosure by the Disclosing Party, as shown by written records;
(c) is lawfully disclosed to the Receiving Party by a third party without restriction on disclosure; or
(d) is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information, as shown by written records.
OBLIGATIONS OF RECEIVING PARTY
The Receiving Party agrees to:
(a) hold the Confidential Information in strict confidence and take all reasonable precautions to prevent its unauthorized disclosure;
(b) use the Confidential Information solely for the Permitted Purpose;
(c) not disclose or permit the disclosure of Confidential Information to any third party without the prior written consent of the Disclosing Party;
(d) limit access to Confidential Information to those of its employees, agents, or subcontractors who have a need to know such information for the Permitted Purpose and who are bound by confidentiality obligations at least as stringent as those contained herein;
(e) immediately notify the Disclosing Party upon discovery of any unauthorized use or disclosure of Confidential Information.
TERM AND TERMINATION
This Agreement shall commence on the Effective Date and shall continue in force for a period of {{agreement_term_years}} ({{agreement_term_years_text}}) year(s) unless terminated earlier in accordance with the provisions of this Agreement.
The obligations of confidentiality under this Agreement shall survive the termination or expiration of this Agreement for a period of {{post_termination_confidentiality_years}} ({{post_termination_confidentiality_years_text}}) year(s).
RETURN OF CONFIDENTIAL INFORMATION
Upon the Disclosing Party's written request or upon termination of this Agreement, the Receiving Party shall promptly return or destroy all Confidential Information received from the Disclosing Party, including all copies, reproductions, and summaries thereof, and certify in writing to the Disclosing Party that all such Confidential Information has been returned or destroyed.
REMEDIES
The Receiving Party acknowledges that a breach of this Agreement would cause irreparable harm to the Disclosing Party for which monetary damages alone would not be an adequate remedy. Accordingly, the Disclosing Party shall be entitled to seek injunctive relief, in addition to any other remedies available at law or in equity, to prevent any actual or threatened breach of this Agreement.
GOVERNING LAW AND JURISDICTION
This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{city}}, {{country}}.
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, of the Parties.
(b) **Amendments:** Any amendment or modification to this Agreement must be in writing and signed by both Parties.
(c) **Severability:** If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
(d) **Waiver:** No waiver of any provision of this Agreement shall be effective unless in writing and signed by the waiving Party. A waiver of any breach shall not be deemed a waiver of any subsequent breach.
(e) **Assignment:** Neither Party may assign its rights or obligations under this Agreement without the prior written consent of the other Party.
SIGNATURES
IN WITNESS WHEREOF, the Parties have executed this Agreement on the date first written above.
**DISCLOSING PARTY:**
___________________________
By: {{disclosing_party_signatory_name}}
Title: {{disclosing_party_signatory_title}}
Date: {{disclosing_party_signature_date}}
**RECEIVING PARTY:**
___________________________
By: {{receiving_party_signatory_name}}
Title: {{receiving_party_signatory_title}}
Date: {{receiving_party_signature_date}}
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