Unilateral Non-Disclosure Agreement (US)
$35.00
The Unilateral Non-Disclosure Agreement (US) is a legal contract designed to protect confidential information shared by one party (the “Disclosing Party”) with another party (the “Receiving Party”). This agreement is particularly useful in scenarios where only one party needs to disclose sensitive information, such as business strategies, trade secrets, or intellectual property, to another party while ensuring its confidentiality.
Benefits
- Protects Sensitive Information:
- Ensures proprietary information remains confidential and secure.
- Encourages Trust:
- Fosters a secure environment for discussions and collaboration.
- Flexibility and Customization:
- Adaptable for use across various industries and scenarios, including technology, finance, healthcare, and manufacturing.
This Unilateral Non-Disclosure Agreement (US) is a critical tool for protecting confidential information and fostering successful, trust-based business relationships.
Product Features:
- This document is available in Word and PDF formats.
- Includes a set of drafting tips and instructions to assist you with customizing the document for your specific needs.
For assistance with having the document reviewed by a lawyer, please see our Legal Consultation service for more details.
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Description
Key Features and Purpose
- Unilateral Obligations:
- The Receiving Party agrees to maintain the confidentiality of the Disclosing Party’s information and to use it solely for the specific purpose outlined in the agreement.
- Comprehensive Definitions:
- Clearly defines what constitutes “Confidential Information,” including exclusions for publicly available or independently developed data.
- Permitted Purpose:
- Specifies the exact reason for disclosing the information, such as evaluating a partnership, conducting due diligence, or exploring a business opportunity.
- Return or Destruction of Information:
- Includes clear provisions requiring the Receiving Party to return or destroy confidential materials upon request or at the termination of the agreement.
- Defined Duration:
- Establishes the time period during which confidentiality obligations apply, often extending beyond the termination of the agreement.
- Legal and Contractual Protections:
- Incorporates governing law and jurisdiction clauses to address potential disputes.
Who Should Use This NDA?
This unilateral NDA is ideal for U.S.-based businesses and individuals who need to safeguard sensitive information during:
- Business negotiations or strategic planning.
- Disclosing proprietary technology, designs, or trade secrets to contractors or vendors.
- Sharing financial data with potential investors or acquirers.
- Engaging consultants or advisors for specific projects.
This template and any associated drafting tips and instructions are for guidance purposes only. It is recommended that both parties seek independent legal advice to ensure the Agreement meets their specific needs.
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