One-Way Non-Disclosure Agreement (NDA) Template
This One-Way Non-Disclosure Agreement template is an agreement between any two parties where one party (the Discloser) wishes to protect certain confidential information that he/she will be disclosing to another (the Recipient).
Discloser: the party disclosing the confidential information
Recipient: the party receiving access to the confidential information
When to use this One-Way Non-Disclosure Agreement template
Before disclosure of any confidential information by Discloser for :
- Investment by the Recipient in the Discloser
- Possible business relationship between the parties
- Promotion or sale of Discloser’s products by the Recipeint
- Other purposes
Specifications of this One-Way Non-Disclosure Agreement template
The confidential information protected by this agreement includes all verbal, written and digital information that is Discloser’s proprietary information or regarding the Discloser’s business. Examples of confidential information are: business plan, financial statements, customer and supplier lists, designs, logos, patents, ideas and software.
This NDA also allows the Recipient to disclose the confidential information to authorized representatives of the Recipient on a ‘need to know’ basis. These authorized representatives should also sign an NDA before having access to the confidential information.
The Recipient shall not use or publish the confidential information at any time without the Discloser’s permission unless:
- The information was known by the Recipient before it was received from Discloser
- The information becomes public
- The information was disclosed to Recipient by a third party who was authorized to disclose such information
- Such disclosure is required by law
This Agreement is not a licensing agreement for the use of the confidential information. Recipient may only use it for the purpose agreed to. To complete this form, please collect:
- Name and address of the Discloser
- Names and titles of any of Discloser’s Representatives (ex: CEO, COO, President)
- Name and address of the Recipient
- Names and titles of any of Recipient’s Representatives (ex: CEO, COO, President)
- Purpose for which this NDA is needed
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