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This document protects confidential information disclosed by individuals or businesses to each other during negotiations, demonstrations or presentations. It creates an enforceable agreement between the parties that they will not disclose or use any confidential information for any purpose other than that set out in the agreement.
It can be used either where only one party is disclosing information (a 'one way' disclosure) or where two parties are sharing information with each other (a 'two way' disclosure) and can be modified to insert special terms that ensure that employees and clients cannot be approached or poached following any disclosure.
How this document should be used
This document should be signed and sent by the party proposing to protect their confidential information to the other party who will be receiving confidential information. That party should then also sign and return a copy of the agreement.
If only one party is disclosing confidential information, then that party should pay £1 to the other party in accordance with the agreement, for agreeing to be bound by its terms. This ensures that the agreement is valid and enforceable.
Any applicable law
The broad principles of confidentiality, contract and restraint of trade are applicable to non-disclosure agreements.
How to modify the template
You fill out a form. The document is created before your eyes as you respond to the questions.
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.