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NDA Between 3 Parties for Nigeria

NDA Between 3 Parties Template for Nigeria

This Non-Disclosure Agreement (NDA) is designed for use under Nigerian law when three parties need to share confidential information in a secure and legally protected manner. The agreement incorporates key provisions of Nigerian contract law, data protection regulations (NDPR 2019), and relevant commercial legislation. It provides comprehensive protection for all parties while ensuring clear mechanisms for information sharing, storage, and eventual disposal. The document includes specific provisions for multi-directional information flow and clearly defined responsibilities for each party, making it suitable for complex business relationships such as joint ventures, research collaborations, or multi-party commercial projects.

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What is a NDA Between 3 Parties?

This template is specifically designed for situations requiring an NDA Between 3 Parties under Nigerian law, where multiple entities need to share sensitive information in a controlled environment. The document is particularly useful for complex business arrangements such as joint ventures, research partnerships, or multi-party commercial projects where confidential information needs to flow between all parties. It incorporates provisions compliant with Nigerian contract law, the Nigeria Data Protection Regulation (NDPR) 2019, and relevant commercial legislation. The agreement includes comprehensive definitions of confidential information, clear mechanisms for information sharing between multiple parties, specific security requirements, and detailed provisions for the eventual return or destruction of confidential information. It's structured to protect the interests of all three parties while facilitating necessary business communications and collaboration.

What sections should be included in a NDA Between 3 Parties?

1. Parties: Identification and details of all three parties to the agreement

2. Background: Context of the relationship between the three parties and purpose of the NDA

3. Definitions: Definitions of key terms including 'Confidential Information', 'Authorized Representatives', 'Permitted Purpose', and party-specific terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information from each party

5. Disclosure Mechanisms: Procedures for how confidential information may be shared between the three parties

6. Permitted Uses: Specified purposes for which the confidential information may be used

7. Obligations of Confidentiality: Core confidentiality obligations of each party, including handling and protection of information

8. Security Measures: Required security measures for protecting confidential information

9. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon termination

10. Term and Termination: Duration of the agreement and termination provisions

11. Breach and Remedies: Consequences of breach and available remedies

12. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a NDA Between 3 Parties?

1. Separate Bilateral Obligations: Used when certain confidentiality obligations apply only between specific pairs of parties

2. Third Party Disclosure: Include when parties may need to disclose to professional advisors or regulators

3. Data Protection Compliance: Required when confidential information includes personal data under NDPR

4. Digital Information Handling: Include when confidential information will be shared or stored electronically

5. Export Control: Required when confidential information may be subject to export control regulations

6. Competitive Restrictions: Used when parties need to restrict competitive activities during the confidentiality period

7. Publication Rights: Include when parties may need to publish certain information for academic or regulatory purposes

What schedules should be included in a NDA Between 3 Parties?

1. Schedule 1 - Authorized Representatives: List of authorized representatives from each party who may receive confidential information

2. Schedule 2 - Security Protocols: Detailed security measures and protocols for handling confidential information

3. Schedule 3 - Information Categories: Categorization of different types of confidential information and their handling requirements

4. Appendix A - Disclosure Log: Template for recording all instances of confidential information disclosure

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

Authors

Alex Denne

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

Jurisdiction

Nigeria

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions


































Clauses






























Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Education

Energy

Telecommunications

Professional Services

Real Estate

Construction

Agriculture

Mining

Oil and Gas

Retail

Transportation

Research and Development

Relevant Teams

Legal

Business Development

Research and Development

Executive Leadership

Operations

Procurement

Finance

Information Technology

Strategy

Risk Management

Compliance

Project Management

Innovation

Commercial

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Business Development Manager

Project Manager

Research Director

Chief Technology Officer

Chief Financial Officer

Operations Director

Procurement Manager

Contract Manager

Investment Manager

Partnership Manager

Innovation Director

Head of Strategy

Chief Operations Officer

Department Head

Risk 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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