Unilateral NDA (UK) with Legal Review & Advice
£230.00
The Unilateral Non-Disclosure Agreement (UK) is a template for a legally binding contract designed to protect confidential information shared by one party (the “Disclosing Party”) with another party (the “Receiving Party”). This type of agreement is commonly used in business contexts where one party needs to disclose sensitive information for specific purposes while ensuring it remains secure and undisclosed to third parties.
Common Use Cases
- Business Partnerships: Sharing proprietary strategies, financial data, or operational methods while exploring potential collaborations.
- Employee and Contractor Agreements: Ensuring temporary workers or consultants do not misuse sensitive company information.
- Product Development: Safeguarding intellectual property during discussions with potential manufacturers, designers, or collaborators.
- Investor or Acquisition Talks: Protecting financial data and strategic plans disclosed during negotiations.
Advantages
- Ease of Use: Simple and straightforward structure tailored for one-way disclosure scenarios.
- Flexibility: Easily customizable for various industries and purposes.
- Legal Protection: Provides clear terms that mitigate risks of unauthorized use or dissemination of confidential information.
This Unilateral NDA is an essential tool for businesses and individuals seeking to protect their valuable information while engaging in preliminary discussions or limited collaborations.
Product Features:
- This downloadable legal template is suitable for use in England and Wales and is available in Word and PDF format.
- Includes a set of drafting instructions to assist you with customizing the document for your specific needs.
- Includes a 30-minute online consultation for the review of the document by a solicitor.
- Access to the calendar for scheduling the online consultation shall be made available upon purchase.
To obtain the best results from your online consultation, please email the completed document to be reviewed to info@uk.entrep.legal at least 24 hours prior to the consultation.
Description
Key Features and Purpose
- Unilateral Obligation:
- The NDA imposes confidentiality obligations solely on the Receiving Party. This is appropriate in situations where only one party shares proprietary or sensitive information.
- Confidential Information Definition:
- Comprehensive coverage of the types of information protected, including written, verbal, electronic, and other forms of disclosure.
- Exclusions for publicly available, independently developed, or legally obtained information to avoid overreach.
- Permitted Purpose:
- The agreement specifies a “Permitted Purpose,” defining the scope and intent for using the disclosed information. Examples include evaluating a potential business partnership, conducting due diligence, or exploring a new project opportunity.
- Obligations of the Receiving Party:
- Requirements to safeguard the Confidential Information, limit its use to the Permitted Purpose, and restrict unauthorized disclosure.
- Permitted Disclosures:
- Clarifications on circumstances where disclosure is permissible, such as sharing information with advisors or complying with legal requirements.
- Return or Destruction of Information:
- Procedures for the return or destruction of Confidential Information upon termination of the agreement or at the Disclosing Party’s request.
- Term and Confidentiality Duration:
- Fixed duration for the agreement’s effectiveness and an extended period for confidentiality obligations post-termination.
- Legal Protections and Remedies:
- Legal measures to address unauthorized disclosures, including potential injunctive relief and damages.
This template and any associated drafting tips and instructions are for guidance purposes only. It is recommended that all parties seek independent legal advice to ensure the Agreement meets their specific needs.
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