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Non Mutual NDA

Non Mutual NDA Template for Nigeria

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Key Requirements PROMPT example:

Non Mutual NDA

"I need a Non-Mutual NDA under Nigerian law for my tech startup to protect our AI algorithms and source code while discussing potential investment with venture capital firms, with the agreement to be effective from March 1, 2025."

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Document background
This Non-Mutual NDA template is specifically designed for use under Nigerian law when one party needs to share confidential information with another party while maintaining strict control over its use and dissemination. It's particularly valuable in business negotiations, due diligence processes, potential partnerships, or any situation where sensitive information needs to be shared unilaterally. The document incorporates key provisions required under Nigerian law, including compliance with the Nigeria Data Protection Regulation 2019 and relevant common law principles. The agreement provides robust protection for confidential information, which may include trade secrets, proprietary technology, business strategies, customer data, financial information, or intellectual property. This Non-Mutual NDA is structured to create clear, enforceable obligations while accommodating the specific requirements of Nigerian contract law and business practices.
Suggested Sections

1. Parties: Identification of the Disclosing Party and Receiving Party with full legal names and addresses

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

3. Definitions: Key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant definitions

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

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

6. Permitted Disclosures: Circumstances under which the Receiving Party may disclose information to authorized representatives or as required by law

7. Security Measures: Specific measures the Receiving Party must implement to protect confidential information

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

9. Term and Termination: Duration of the agreement and circumstances for termination

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

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

Optional Sections

1. Survival: Specifies which obligations continue after termination - important for long-term protection

2. Non-Solicitation: Prevents the Receiving Party from soliciting employees or clients - add when business relationship involves exposure to key personnel

3. Data Protection Compliance: Add when confidential information includes personal data subject to NDPR

4. Digital Security Measures: Include when confidential information will be shared or stored electronically

5. Export Control: Add when confidential information may be subject to international transfer restrictions

6. Publicity: Restrictions on public announcements about the relationship - relevant for high-profile parties

7. Insurance Requirements: Add when requiring the Receiving Party to maintain specific insurance coverage

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered

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

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for protecting the information

4. Appendix A - Form of Representative Confidentiality Agreement: Template agreement for representatives who will access 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
























Clauses























Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Education

Professional Services

Research & Development

Energy

Telecommunications

Real Estate

Pharmaceutical

Agricultural

Mining

Construction

Entertainment

Relevant Teams

Legal

Business Development

Research and Development

Executive Leadership

Human Resources

Procurement

Information Technology

Finance

Operations

Product Development

Intellectual Property

Corporate Strategy

Investment

Commercial

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Business Development Manager

Legal Counsel

Research Director

Project Manager

Investment Analyst

Innovation Manager

Operations Director

Product Manager

Human Resources Director

Procurement Manager

Intellectual Property Manager

Chief Financial Officer

Strategy Consultant

Commercial Director

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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