Non Disclosure Agreement Template - Free Sample
Agreement Template Non Disclosure Agreement Template
Non Disclosure Agreement Template

Non disclosure agreement template is a legal contract for the protection of confidential information. A sample non disclosure agreement can help those who have a unpatented ideas, products, technology etc in dealing with third parties.

Non Disclosure Agreement

Non disclosure agreement is also called confidentiality agreement, the purpose of the agreement is to protecting the private information from disclosing to other parties. In designing your non disclosure agreement, you need to first identify the confidential information. In general, all information that are crucial to the development of business need to be considered. For example, when you signed a contract with your partner. Confidential information can take many forms. Some companies have unique processes while others have formulas, marketing strategies, or customer lists that have taken years to develop and need to be protected from competitors.

Once the confidential information has been identified, you need to estimate the value and access to the information. For dealing with the protection of information from disclosing, the company need to identify the people with access to the information and narrow access to those that actually need the information to perform their job functions.

Non Disclosure Agreement

In the process of designing your own personalized non disclosure agreement template, you need to consider the agreement elements, format and style. The key information include: the confidential information, duration and mutual responsibility etc.

The first key part in non disclosure agreement template is the information defined. For example, each party agrees that it shall use any proprietary information disclosed by the other party under this Agreement only for the purpose of discussing and evaluating a potential business relationship between the parties and will not use any such proprietary information for the provision of services or products.

The second key part in non disclosure agreement sample is the protection duration. In the section, you need to state the validity of the protection. For example, The existence, terms and conditions of this Agreement are confidential and shall not be disclosed by the Parties to any third-party without the other party’s prior written consent. The obligations of the receiving party with respect to the proprietary information contained in this Agreement shall, unless specifically released earlier by the disclosing party in writing, extend for a period of __years from the date on which such proprietary information is disclosed.

The third key part in sample non disclosure agreement is the rights and responsibilities of both parties. In the section, you need to state clearly responsibilities. For example, Upon written request of the disclosing party, the receiving party shall promptly return to the disclosing party all the proprietary information disclosed by the disclosing party. Upon termination of this Agreement, unless requested in writing otherwise by the disclosing party, the receiving party shall return to the disclosing party or destroy and provide the disclosing party with notice of such destruction.

 
 

Featured Agreement Article