Partner Non-Disclosure Agreement

Custom-Made Partner Non-Disclosure Agreement Template

A non-disclosure agreement also called a “confidentiality agreement,” is a legally binding contract between two parties in which one party promises not to disclose confidential information, trade secrets, or proprietary knowledge relating to the other party.

An NDA prevents a party from disclosing sensitive information shared by the other party to others without proper authorization. It also prevents the receiving party from copying, modifying, or making use of the information in a way that is unauthorized by the owner of the confidential information.

This NDA for Partners exists to ensure sensitive and confidential information shared between partners is not used by any party inappropriately or without mutual assent.

For example, partners may fall out or depart the organization. An NDA will ensure the continuity of the organization in a sense, as it will prevent partners from disclosing sensitive and vital company information and details.

Preview Partner Non-Disclosure Agreement Template

About The Partner Non-Disclosure Agreement Template

This NDA template has been carefully vetted by lawyers with qualifications in multiple jurisdictions across Africa and the United States of America, with extensive experience in technology and working with some of the fastest-growing companies in Africa.

It is written in simple, comprehensive grammar that is easy to understand by founders and entrepreneurs without needing an additional legal review. Unlike other legal agreements filled with long and hard-to-understand legal words, the legal terms in this template have been broken down and explained using terms that can be read and understood by anyone.

Information You Need For This Template

To fill out this Partner NDA to your needs, here is some information that will be asked of you in the form:

Name and Address of the first partner
Name and address of the second partner
The subject of the NDA
Duration and Survival duration of the NDA
Governing law
Date of the agreement

This Partner Non-Disclosure Agreement contains:

Scope:

this refers to specific clarification on what information the NDA will cover, not general terms. It highlights what will be subject to limited use and confidentiality.

Definitions:

an NDA must clarify what information will be classified as confidential and provide an explanation for other relevant terms.

Permitted Disclosures:

this clause covers information that will be free to disclose and is not classified as confidential. For example, information that is already public knowledge or has already been disclosed cannot be identified as confidential.

Termination:

This clause covers how long the NDA will be valid and binding on the parties. There needs to be a timeline for this confidential obligation.