Non-Disclosure Agreement (NDA)

NON-DISCLOSURE AGREEMENT (NDA) Date: [Agreement Date] ================================================================================ 1. PARTIES ================================================================================ DISCLOSING PARTY: Name: [Disclosing Party Name] Type: [Individual] Registration/ID: [Registration Number] Address: [Address] RECEIVING PARTY: Name: [Receiving Party Name] Type: [Individual] Registration/ID: [Registration Number] Address: [Address] (This is a ONE-WAY NDA - only the Disclosing Party shares confidential information) ================================================================================ 2. PURPOSE ================================================================================ The Parties wish to explore or engage in: [Purpose of disclosure] In connection with this purpose, the Disclosing Party may disclose Confidential Information to the Receiving Party. ================================================================================ 3. DEFINITION OF CONFIDENTIAL INFORMATION ================================================================================ "Confidential Information" means any and all information disclosed by the Disclosing Party, whether in writing, orally, electronically, or by any other means, including but not limited to: [Business plans, trade secrets, customer information, financial data, technical specifications, and any other proprietary information] MINIMAL EXCLUSIONS: Confidential Information does not include information that: (a) Is required to be disclosed by law or court order, provided the Disclosing Party is given reasonable prior notice to seek protective measures. ================================================================================ 4. OBLIGATIONS OF THE RECEIVING PARTY ================================================================================ The Receiving Party agrees to: 4.1 Keep all Confidential Information strictly confidential; 4.2 Not disclose Confidential Information to any third party except as permitted herein; 4.3 Use Confidential Information solely for the Purpose stated above; 4.4 Protect Confidential Information with the same degree of care used to protect its own confidential information, but no less than reasonable care; 4.5 Limit access to Confidential Information to employees and professional advisors, all bound by confidentiality obligations; 4.6 Promptly notify the Disclosing Party of any unauthorised disclosure or use; 4.7 Not copy or reproduce Confidential Information except as necessary for the Purpose. ================================================================================ 5. TERM AND TERMINATION ================================================================================ 5.1 This Agreement shall remain in effect for [the agreed period] from the date of signature. 5.2 The confidentiality obligations shall survive termination of this Agreement for the full duration specified above. 5.3 Upon termination or request by the Disclosing Party, the Receiving Party shall: [Return or destroy all Confidential Information at the Disclosing Party's election] ================================================================================ 6. NO LICENSE OR WARRANTY ================================================================================ 6.1 No license, express or implied, is granted to any intellectual property rights by this Agreement. 6.2 All Confidential Information is provided "as is" without warranty of any kind. 6.3 Nothing in this Agreement obligates either Party to proceed with any business relationship. ================================================================================ 7. REMEDIES FOR BREACH ================================================================================ 7.1 The Parties acknowledge that breach of this Agreement may cause irreparable harm not adequately compensable by monetary damages. 7.2 In the event of breach, the Disclosing Party shall be entitled to: [Specific performance of obligations under this Agreement, AND damages for losses suffered] 7.3 The Receiving Party shall indemnify the Disclosing Party against all claims, losses, and expenses arising from breach of this Agreement. ================================================================================ 8. GENERAL PROVISIONS ================================================================================ 8.1 GOVERNING LAW: This Agreement is governed by the laws of the [Republic of South Africa]. 8.2 ENTIRE AGREEMENT: This Agreement constitutes the entire agreement between the Parties regarding confidentiality and supersedes all prior discussions. 8.3 AMENDMENTS: No amendment to this Agreement shall be valid unless in writing and signed by both Parties. 8.4 SEVERABILITY: If any provision is found invalid, the remaining provisions shall continue in full force. 8.5 NO WAIVER: Failure to enforce any provision shall not constitute a waiver of that provision. ================================================================================ 9. SIGNATURES ================================================================================ By signing below, the Parties agree to be bound by the terms of this Agreement. DISCLOSING PARTY: Signature: _________________________ Date: _____________ Name: [Name] Title/Capacity: _________________________ RECEIVING PARTY: Signature: _________________________ Date: _____________ Name: [Name] Title/Capacity: _________________________ ================================================================================ Prepared using ZA Pocket Tools - https://zapocket.tools/documents ================================================================================