This is a nondisclosure agreement that is to be used in technology transactions. It concerns the use and confidentiality of "evaluation material" between the target company and a company seeking a transaction with that company.
Kansas Unilateral Nondisclosure Agreement for Use in Technology Transactions
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Multi-State
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US-TC0305
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Word;
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How to fill out Unilateral Nondisclosure Agreement For Use In Technology Transactions?
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An NDA can be one-way, or mutual. A one-way NDA is structured so that only one party is disclosing information while the other is receiving it. A mutual NDA contemplates that both parties can give or receive information, and it is confidential to both.
If you frequently send documents like NDAs for signature, you should consider using electronic signatures. E-signature technology is easy to use, mobile-friendly, secure and legally admissible.
The two main types of NDAs are Unilateral and Mutual. Unilateral NDAs are used when only one party is disclosing information such as an employer, a startup or a company to an employee, investor or consultant respectively. On the other hand, a mutual NDA is used when both parties are disclosing confidential information.
Depending on your needs, you can choose from three types of NDAs: unilateral, bilateral, and unilateral. Unilateral NDAs only require one party to disclose confidential information, while bilateral NDAs require two parties to disclose private information.
When an NDA has only one disclosing and one receiving party, it's called a one-way NDA. A one-way NDA is the simplest NDA type. It prohibits the receiver from sharing confidential business information with third parties and determines the consequences of doing so.
In a unilateral NDA, only one party agrees to keep the other party's confidential information private. However, in a bilateral NDA, both parties agree to keep the other's confidential information private.
In a unilateral NDA, only one party agrees to keep the other party's confidential information private. However, in a bilateral NDA, both parties agree to keep the other's confidential information private.
Some of the exception clauses are: ? Information that is in the public domain. ? Information that the disclosing party disclosed before signing the agreement. ? Information received by the ?receiving party? from a third party, wherein the third party was not obliged to keep the information confidential.