Sample Non-Disclosure Agreement (NDA)
This Agreement is made on [Date], by and between:
1. [Disclosing Party Name and Address]
(hereinafter referred to as "Disclosing Party")
2. [Receiving Party Name and Address]
(hereinafter referred to as "Receiving Party")
Both collectively referred to as the "Parties."
1. Purpose
The Disclosing Party intends to disclose certain confidential and proprietary information (hereinafter referred to as "Confidential Information") to the Receiving Party for the purpose of [State the Purpose, e.g., exploring a business opportunity, providing legal services].
2. Definition of Confidential Information
Confidential Information shall include all data, materials, trade secrets, business plans, marketing strategies, designs, financial details, or other non-public information disclosed by the Disclosing Party to the Receiving Party.
3. Obligations of the Receiving Party
The Receiving Party agrees to:
- Maintain the confidentiality of the disclosed information.
- Not disclose the Confidential Information to any third party without prior written consent.
- Use the Confidential Information solely for the stated purpose.
4. Exceptions to Confidential Information
The obligations of confidentiality shall not apply to information that:
- Is publicly known or becomes publicly known without breach of this Agreement.
- Was known to the Receiving Party before disclosure by the Disclosing Party.
- Is disclosed to the Receiving Party by a third party legally entitled to make such disclosure.
- Is required to be disclosed by law, court order, or government regulation.
5. Term
This Agreement shall remain in effect for a period of [Specify Time Period, e.g., two years] from the date of disclosure of the Confidential Information unless terminated earlier by mutual agreement in writing.
6. Return or Destruction of Information
Upon termination or at the request of the Disclosing Party, the Receiving Party shall promptly return or destroy all Confidential Information, including any copies or reproductions.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Specify Jurisdiction].
8. Dispute Resolution
Any disputes arising under this Agreement shall be resolved through:
- Negotiation.
- Mediation.
- Arbitration under the rules of [Specify Institution].
9. Entire Agreement
This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements or understandings, whether written or oral, related to its subject matter.
10. Amendments
No modification or amendment of this Agreement shall be valid unless made in writing and signed by both Parties.
11. Signatures
Disclosing Party:
Name: __________________________
Designation: ____________________
Signature: ______________________
Date: ___________________________
Receiving Party:
Name: __________________________
Designation: ____________________
Signature: ______________________
Date: ___________________________
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