The Short Form Confidentiality Agreement is designed for situations requiring quick but effective protection of confidential information under Nigerian law. It is commonly used in initial business discussions, potential partnerships, or employment relationships where parties need to share sensitive information before establishing a more detailed commercial relationship. The document incorporates essential confidentiality provisions while remaining concise and user-friendly, making it particularly suitable for small to medium-sized businesses, consultants, and professionals operating in Nigeria. It ensures compliance with relevant Nigerian legislation, including data protection regulations and common law principles governing confidential information, while avoiding the complexity of longer-form agreements.
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1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Brief context explaining why the agreement is being entered into and the relationship between the parties
3. Definitions: Key terms used in the agreement, particularly the definition of 'Confidential Information' and 'Permitted Purpose'
4. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of confidential information
5. Permitted Use: Specific circumstances under which the confidential information may be used
6. Return of Confidential Information: Requirements for returning or destroying confidential information upon request or termination
7. Term and Survival: Duration of the agreement and which obligations survive termination
8. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
9. Entire Agreement: Statement that the document represents the complete agreement between the parties
1. Third Party Disclosure: Include when the recipient may need to share information with professional advisors or other authorized third parties
2. Data Protection Compliance: Add when confidential information includes personal data subject to NDPR requirements
3. Non-Solicitation: Include when there's a risk of employee or customer poaching
4. Securities Laws Compliance: Add when the information could impact securities trading
5. Remedies: Include specific remedies section when stronger enforcement mechanisms are needed
6. Notice Requirements: Add detailed notice provisions when formal communication procedures are required
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information considered confidential when specificity is required
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information when access needs to be restricted
3. Schedule 3 - Security Measures: Specific security protocols required for protecting the confidential information when enhanced security is needed
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