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Non Disclosure Agreement Form

Non Disclosure Agreement Form Template for Nigeria

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Key Requirements PROMPT example:

Non Disclosure Agreement Form

"I need a Non Disclosure Agreement Form for a potential merger discussion between my Nigerian tech company and three international investors, with specific provisions for data protection compliance and cross-border information sharing, to be effective from March 2025."

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Document background
The Non-Disclosure Agreement Form is a crucial legal instrument used in Nigerian business transactions where confidential information needs to be shared between parties. It is essential for protecting proprietary information during business negotiations, employment relationships, consulting arrangements, and other commercial interactions. The document is structured to comply with Nigerian legal requirements, including the Contract Law Act and Data Protection Regulation 2019, while providing practical mechanisms for information sharing and protection. It is particularly relevant in today's business environment where intellectual property and confidential information are critical assets that require robust legal protection. This agreement type is commonly used before detailed business discussions, during due diligence processes, or when engaging with employees, contractors, or business partners who will have access to sensitive information.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers (if applicable), and addresses

2. Background: Context of the relationship between the parties and purpose of sharing confidential information

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information

5. Permitted Uses and Disclosures: Specified circumstances under which confidential information may be used or disclosed

6. Security Measures: Required procedures and safeguards for protecting confidential information

7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

8. Duration and Survival: Term of the agreement and which obligations survive termination

9. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

10. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Solicitation: Prevents poaching of employees or clients, recommended when sharing sensitive business information

2. Intellectual Property Rights: Clarifies ownership of IP rights, particularly important when sharing technical information or innovations

3. Data Protection Compliance: Additional provisions for compliance with NDPR 2019, necessary when personal data is involved

4. Export Control: Required when confidential information may be subject to international transfer restrictions

5. Corporate Authority: Additional warranties of authority for corporate entities

6. Reverse Engineering Prohibition: Specific prohibition on reverse engineering, important for technical information

7. Competitive Activities: Restrictions on competitive activities, useful in business collaboration contexts

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered by the agreement

2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive confidential information

3. Schedule 3 - Security Protocols: Specific security measures and procedures to be followed

4. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations

5. Appendix B - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























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Relevant Industries

Technology

Healthcare

Financial Services

Manufacturing

Professional Services

Energy and Natural Resources

Telecommunications

Real Estate

Education

Retail and Consumer Goods

Agriculture

Entertainment and Media

Construction

Mining

Biotechnology

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Research and Development

Information Technology

Finance

Operations

Procurement

Sales

Compliance

Strategy

Product Development

Corporate Communications

Investment Relations

Relevant Roles

Chief Executive Officer

Legal Counsel

Human Resources Manager

Business Development Manager

Project Manager

Research and Development Director

Chief Technology Officer

Investment Analyst

Operations Manager

Procurement Manager

Chief Financial Officer

Compliance Officer

Sales Director

Strategy Consultant

Product Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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