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The importance of a Non-Disclosure Agreement...
What does the NDA Cover?
This NDA is drafted to be a 'quick fix' and be used when a full Confidentiality Agreement is not possible, desirable or necessary for your circumstances.
It includes terms to protect your Confidential Information from disclosure or unauthorised use by the recipient. Terms included cover:
- Obligations to keep information confidential.
- Obligations not to use the Confidential Information, except for the purpose for which it was provided.
- Obligations not to copy the Confidential Information.
- Obligations to keep the Confidential Information safe from access by others.
- Agreement that the Confidential Information and its exchange has value.
- That exchanging Confidential Information does not oblige any party to do business with each other.
- A very broad definition of Confidential Information that should cover all manner of documentation, information, concepts and ideas.
What Information do you need?
Here's the customised information you will need to complete the Online Portal yourself:
- Party Details – The full name, company name, or trust name, of each party that will sign the NDA, including any relevant ACN or ABN.
- Confidential Purpose – You will be asked to provide the purpose (or reason) why the parties will be exchanging the Confidential Information.
- to explore mutually beneficial business dealings between the parties.
- to conduct negotiations for the sale of a product, service or business.
- to undertake due diligence on a business opportunity.
- to obtain quotations, or estimate for productions costs, tooling or manufacture.
