The parties desire to enter into discussions and negotiations regarding the purchase of material described in the agreement. The parties agree that any information obtained in the discussions will remain confidential and proprietary. All the terms and conditions of the agreement will be binding upon the successors and assigns of the parties and will survive the execution of the agreement and the termination of the discussions and negotiations between the parties.
Nondisclosure Confidentiality Contract With Client In Suffolk
State:
Multi-State
County:
Suffolk
Control #:
US-00456
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Non-disclosure agreements are a legal contract. If broken, the aggrieved party can take legal action; they should spell out what will happen if breached.
Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.
Completing the Confidentiality Agreement The "Receiving Party" is the person or company who receives the confidential information and is obligated to keep it secret. You'll need to fill in information specific to your circumstances in the spaces provided, such as the parties' names and addresses.
NDAs are enforceable once signed, provided they have been drafted and executed properly. Unilateral NDAs need only the signature of the receiving party, whereas mutual non-disclosure agreements need the signatures of both parties.
What is a nondisclosure agreement? Whereas confidentiality agreements are typically devised in employment or personal situations to protect sensitive information, NDAs are often used in business and legal settings to protect trade secrets, client lists, and financial data.
Is a 12-month restrictive covenant enforceable? Each case turns on its own facts, but a court is generally reluctant to enforce restrictive covenants longer than 12 months. Market practice dictates a period of between 3 and 6 months is appropriate for more junior employees.
If you would like us to create an NDA Agreement, our prices begin from £500.00 + VAT; To review or advise on an NDA Agreement that you need to sign, our prices begin from £250.00 + VAT; To negotiate the terms of an NDA Agreement with another party's legal representatives, our prices begin from £375.00 + VAT.