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Non-disclosure agreement
We have created a non-disclosure agreement template for simplicity. This is an easy-to-use, ready-to-use non-disclosure agreement template that lets you know exactly what the client's responsibilities are and saves you time and money.
Free Sample Non-Disclosure Agreement Template
To help you grow your business, we've created a fairly simple yet reliable non-disclosure agreement template in Word and PDF versions so you can use it over and over.
What's in this model?
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Holiday details
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Remedies in case of breach of contract
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Other clauses
What is a non-disclosure agreement?
A non-disclosure agreement is a legal contract that ensures a confidential relationship of information between the parties. The parties signing the contract warrant that they will not disclose or share any sensitive information they may receive with anyone outside.
This type of agreement is common among companies when dealing with others or when hiring someone for an important position in their company.
What is non-disclosure?
Non-disclosure is the act of preventing someone from disclosing information to a third party.
For example, if a company hires a consultant to carry out a project, it does not want the latter to speak with the company's competitor or with employees or suppliers.
Thus, the company can ask any potential consultant to sign a non-disclosure agreement to ensure that he will not reveal a secret.
What are the types of non-disclosure agreements?
There are 3 types of non-disclosure agreements:
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Fiduciary Non-Disclosure Agreement: is an agreement where you entrust someone with confidential information to use to help your business.
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Commercial Non-Disclosure Agreement: is an agreement where one company gives another company confidential information to use to help the first company.
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Non-disclosure agreement of the contractual type: is an agreement by which a person gives to another person confidential information so that he can use it.
What is the purpose of a non-disclosure agreement?
Non-disclosure agreements are very useful in many ways, especially in commercial areas. This not only helps people have a trusting relationship, but also ensures the protection of sensitive information that one may not like to share with anyone outside. Different companies and startups use this legal document to protect their confidential information
Important Terms
What do non-disclosure agreements contain?
A non-disclosure agreement must contain the following information:
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Full details of all parties to the contract, including their names, addresses, contact numbers, email addresses, etc. Along with this, if they are a business owner, their account details, attorney information and business partnerships should be mentioned in the contract.
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It must be specified which information must remain confidential. The agreement should also explain how the recipient may use the information, such as solely to evaluate the disclosing party's business for a purchase.
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The start and end date of the agreement should be clearly mentioned in the contract to avoid any problems in the future.
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It is important to specify when and how confidential information or documents must be returned to the authority. This usually happens if an employee or business partner quits or terminates the contract.
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Recipients must agree to the terms of the contract stating that they will not disclose any sensitive information to any third party.
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Remedies in case of breach of contract
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Other clauses
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Frequently Asked Questions
FAQs about our non-disclosure agreement templates
How do you make changes to your nondisclosure agreement template?
We recognize that the layout terms of your contract may need to be modified to be in line with your client's needs. That's why we have also created the contract in Word format so that you can make the adjustments you want. If you want to make any significant changes to the template, we offer the assistance of an attorney or solicitor to ensure you are still protected.
What happens if you break an NDA?
A nondisclosure agreement is a legal contract that must be followed by all parties who sign it. In the event of an accident or misconduct by any of these parties, it can cause serious problems. Usually, when someone breaks a non-disclosure agreement, they can be sued or charged with a heavy financial penalty.
Should I sign a non-disclosure agreement?
If your employer wants you to sign a non-disclosure agreement, you shouldn't be ashamed that they don't trust you. He might ask you to sign the agreement to run the business efficiently and smoothly without any hassle.
