Confidentiality Deed or Non-Disclosure Agreement

An NDA (Non-Disclosure Agreement) is a legal contract that is designed to protect confidential information. An NDA is a legally binding agreement between two parties, where one party agrees not to disclose certain confidential information about the other party, to any third party, without their prior consent.

The NDA typically sets out the terms and conditions under which the confidential information can be shared, and the limitations on how it can be used. It may also include provisions for how breaches of the agreement will be handled, and the remedies available to the party whose confidential information has been disclosed.

Some common examples of when an NDA may be used in Australia include:

• When a company wants to protect its trade secrets or proprietary information from being shared with competitors.

• When an individual wants to protect their personal or private information from being shared with others.

• When two companies are considering a potential partnership or collaboration, and need to share sensitive information to evaluate the opportunity.

This easy to customise template sets out the terms under which particular information will be protected by confidentiality. Amongst other things, this template includes provisions about:

• Definitions of confidential information

• Indemnities

• Obligations of the recipient of information

• Return of confidential information

It's important to note that an NDA is a legally binding contract, and as such, it should be carefully drafted and reviewed by legal professionals to ensure that all parties fully understand their rights and obligations under the agreement. Quick Laws is a law firm and can help you to carefully draft and review your document.

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