Unilateral Non-Disclosure Agreement
This Unilateral Non-Disclosure Agreement (the “Agreement”) is entered into as of Date signed — Disclosing party between [Disclosing party legal name] (the “Disclosing Party”) and [Receiving party legal name] (the “Receiving Party”).
1. Purpose
The Disclosing Party intends to share certain information with the Receiving Party for the purpose of [describe the purpose, e.g. evaluating a potential business relationship] (the “Purpose”).
2. Confidential Information
“Confidential Information” means any non-public information disclosed by the Disclosing Party to the Receiving Party, in any form, that is marked confidential or that a reasonable person would understand to be confidential, including business plans, financial information, customer lists, product designs, software and know-how.
3. Receiving Party's obligations
The Receiving Party agrees to:
Use the Confidential Information only for the Purpose.
Not disclose it to anyone except its employees and advisors who need to know it for the Purpose and are bound by confidentiality duties at least as protective as these.
Protect it with at least the same care it uses for its own confidential information, and no less than reasonable care.
Promptly notify the Disclosing Party of any unauthorized use or disclosure it becomes aware of.
4. Exclusions
These obligations do not apply to information that is or becomes public through no fault of the Receiving Party, was already known to the Receiving Party without restriction, is received from a third party without a duty of confidentiality, or is independently developed without use of the Confidential Information.
5. Required disclosure
If the Receiving Party is required by law or court order to disclose Confidential Information, it will give the Disclosing Party prompt notice (where legally permitted) and disclose only what is required.
6. Return of information
On the Disclosing Party's written request, the Receiving Party will promptly return or destroy all Confidential Information in its possession.
7. Term
The Receiving Party's obligations last for [three (3)] years from the Effective Date, and for trade secrets, for as long as the information remains a trade secret under applicable law.
8. General
No license or other rights are granted except as stated. This Agreement is governed by the laws of the State of [State]. It is the entire agreement on its subject and may be changed only in writing signed by both parties.
Signatures
Disclosing party
Signature: Signature — Disclosing party
Name: Full name — Disclosing party
Date: Date signed — Disclosing party
Receiving party
Signature: Signature — Receiving party
Name: Full name — Receiving party
Date: Date signed — Receiving party

