Non-Disclosure Agreement (NDA) - Unilateral
One-way confidentiality agreement where only one party discloses confidential information, protecting trade secrets, business plans, and proprietary information from unauthorized disclosure.
Key Clauses
Whereas
Establishes disclosing party's need to share confidential information and receiving party's agreement to protect it.
Definitions
Defines what constitutes confidential information and identifies parties' roles in information exchange.
Obligations Of Receiving Party
Specifies receiving party's duties to protect confidential information and restrictions on disclosure.
Term
Defines duration of confidentiality obligations and survival of terms after agreement termination.
Return Or Destruction Of Information
Requires return or secure destruction of confidential materials upon agreement termination.
No License Or Warranty
Clarifies that no intellectual property rights are granted and no warranties are provided.
Use This Template
When You Need This
- Sharing business plans with potential investors during fundraising
- Onboarding contractors who will access internal systems and databases
- Evaluating acquisition targets requiring access to financial information
- Licensing technology or intellectual property to third parties