A company and a contractor are negotiating a possible transaction. The contractor has requested information concerning the business of the company. As a condition of the contractor being furnished with the requested information, the contractor agrees to treat such information as being confidential and the information will be used solely for the purpose of evaluating the tentative transaction between the parties.
Non Disclosure Agreement Template For Small Business In Orange
State:
Multi-State
County:
Orange
Control #:
US-00457
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
NDA is also commonly used in an employee-employer relationship where employees need to have access to confidential information in course of their employment and the employer prepares a non-disclosure agreement to prevent the use or disclosure of the information for any other purpose.
Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential? ... Step 2 - Detail party obligations. Step 3 - Note potential exclusions. Step 4 - Set the term. Step 5 - Spell out consequences.
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.
You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.
If breached, the disclosing party can seek court action and damages from the receiving party. Other remedies (such as injunctions or other equitable relief) may also be available. Non-disclosure agreements are enforceable in the UK, but they must be carefully drafted to suit your particular circumstances.
The nondisclosure agreement should identify the parties to the agreement and which one is the disclosing party, or side sharing the information, and the recipient. Names and addresses of the parties should be included. The agreement should also identify other individuals who may be parties to the agreement.
The key elements of Non-Disclosure Agreements: Identification of the parties. Definition of what is deemed to be confidential. The scope of the confidentiality obligation by the receiving party. The exclusions from confidential treatment. The term of the agreement.
I hereby undertake to treat as confidential all and any information that I receive while participating in the work of evaluating project proposals, to use this information solely for the purpose of evaluation of the proposals, not to disclose it to any third party and not to make it publicly available or accessible ...