ONE-WAY NON-DISCLOSURE AGREEMENT
Date: [DATE AGREEMENT COMMENCES]
Parties:
[[NAME OF INDIVIDUAL RECEIVING INFORMATION] of [address of individual] OR [NAME OF COMPANY RECEIVING INFORMATION], a [corporation/limited liability company] [incorporated/organized] under the laws of [the state of [state name]/ the commonwealth of [state name]/ [country name] with an office at [address of office]]
(the “Recipient”)
and
[[NAME OF INDIVIDUAL DISCLOSING INFORMATION] of [address of individual]
OR
[NAME OF COMPANY DISCLOSING INFORMATION], a [corporation/limited liability company] [incorporated/organized] under the laws of [the state of [state name]/ the commonwealth of [state name]/ [country name]] with an office at [address of office]]
(the “Discloser”)
- The Discloser intends to disclose information (the “Confidential Information”) to the Recipient for the purpose of [insert details of proposed relationship, e.g., “discussing the possibility of the Recipient and the Discloser entering into a business relationship”] (the “Purpose”).
- The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.
- The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party [except to its employees and professional advisers] who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser, and who are bound by obligations equivalent to those in clause 2 above and this clause 3.
- The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded, but they do not apply to:
- any information that is or in the future comes into the public domain (unless as a result of the breach of this Agreement); or
- any information that is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.
- Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.
- The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.
- Neither this Agreement nor the supply of any information grants the Recipient any licence, interest, or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.
- The undertakings in clauses 2 and 3 will continue in force [[indefinitely.] OR [for [insert number] years from the date of this Agreement.]]
- This Agreement is governed by, and is to be construed in accordance with the law of [state name]. The courts located in [state/county/city] will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.
If the Recipient is an individual
Signed and Delivered as a Deed by:
[name of Recipient] in the presence of:
_____________________________
Signature
_____________________________
Signature of witness
_____________________________
Name of witness
_____________________________
_____________________________
_____________________________
Address of witness
If the Recipient is a company
Executed and Delivered as a Deed by
[name of Recipient] acting by
[name of director], a director,
in the presence of:
_____________________________
Signature of Director
_____________________________
Signature of witness
_____________________________
Name of witness
_____________________________
_____________________________
_____________________________
Address of witness
