This Short Form Non Disclosure Agreement template is specifically designed for use under Nigerian law when parties need to exchange confidential information in a business context. It serves as a crucial tool for protecting sensitive business information during initial discussions, negotiations, or ongoing business relationships. The document incorporates essential confidentiality provisions while maintaining brevity and clarity, making it suitable for routine business use. It complies with relevant Nigerian legislation, including the NDPR 2019 and common law principles governing contractual relationships. This template is particularly useful for businesses seeking a straightforward yet effective confidentiality agreement without the complexity of a long-form NDA.
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1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses
2. Background: Brief context of why the NDA is being entered into and the nature of the proposed business relationship
3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', and other essential definitions
4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure of confidential information
5. Permitted Use: Specified purposes for which the confidential information may be used
6. Return of Information: Requirements for returning or destroying confidential information upon request or termination
7. Term and Termination: Duration of the agreement and circumstances for termination
8. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
1. Representatives and Affiliates: Used when confidential information needs to be shared with employees or affiliated companies
2. Exceptions to Confidentiality: Include when specific carve-outs from confidentiality obligations are needed beyond standard exceptions
3. Data Protection Compliance: Required when personal data will be shared, ensuring compliance with NDPR 2019
4. Non-Solicitation: Added when parties wish to prevent poaching of employees or clients
5. Specific Security Measures: Include when particular security protocols for handling information are required
1. Schedule 1 - Description of Confidential Information: Detailed list or categories of information covered by the NDA
2. Schedule 2 - Authorized Representatives: Optional list of individuals authorized to receive confidential information
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