Non-disclosure agreement form (NDA) template
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Supporting information
Our NDA template streamlines the process of protecting sensitive information, ensuring legal compliance and safeguarding your interests.
Non-disclosure agreement form (NDA)
This Non-Disclosure Agreement (the "Agreement") is made and entered into as of [insert date] by and between [insert name of disclosing party] ("Disclosing Party"), a company incorporated under the laws of England and Wales with its principal place of business at [insert address], and [insert name of receiving party] ("Receiving Party"), a company incorporated under the laws of England and Wales with its principal place of business at [insert address].
WHEREAS, Disclosing Party possesses certain confidential and proprietary information, including but not limited to [insert examples of confidential information], which it desires to disclose to Receiving Party for the sole purpose of [insert purpose of disclosing confidential information]; and
WHEREAS, the parties desire to protect the confidentiality of such information.
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties agree as follows:
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Definition of Confidential Information. "Confidential Information" means any and all non-public information disclosed by Disclosing Party to Receiving Party, whether in writing, orally, or by any other means, including, but not limited to, trade secrets, business plans, financial information, marketing plans, customer lists, and any other information
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What is this for?
A Non-Disclosure Agreement (NDA) is a legal contract designed to protect sensitive information from being shared with unauthorised parties.
It establishes confidentiality between parties involved in various business relationships, preventing the disclosure of proprietary data, trade secrets, or confidential information.
NDAs are essential tools to safeguard intellectual property, foster trust, and maintain the security of sensitive business dealings.
Employment law compliance
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Equality Act 2010: Ensures that NDAs do not prevent individuals from reporting discrimination or harassment incidents to relevant authorities.
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Data Protection Act 2018 (GDPR): Requires organisations to handle personal data responsibly and securely, even within the context of NDAs.
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Public Interest Disclosure Act 1998 (Whistleblower Protection): Provides protection to whistleblowers who disclose information in the public interest, even if it is covered by an NDA.
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Employment Rights Act 1996: Sets out various employment rights and protections, ensuring that the terms of NDAs do not undermine employees' statutory rights.
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Common Law Duty of Confidentiality: Reinforces the principle that employees owe a duty of confidentiality to their employers, which can be enforced through NDAs.
These legislations ensure that NDAs are used fairly and ethically, preventing them from being used to conceal wrongdoing or to intimidate individuals from exercising their rights.
Decision-making milestones
Step | Description | Responsibility | Timing |
1 | Identify the need for sharing sensitive information and potential risks. | HR Team | Before initiating discussions |
2 | Draft the Non-Disclosure Agreement (NDA) outlining terms, scope, and obligations. | HR Team | As needed |
3 | Share the NDA with the other party for review and negotiation. | HR Team | Before sharing confidential information |
4 | Review and finalise the NDA based on negotiations. | HR Team | Before sharing confidential information |
5 | Sign and execute the NDA with all parties involved. | HR/Management rep, other parties | Before sharing confidential information |