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Simple Non Disclosure Agreement

Simple Non Disclosure Agreement Template for Nigeria

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Key Requirements PROMPT example:

Simple Non Disclosure Agreement

"I need a Simple Non Disclosure Agreement under Nigerian law for my technology startup to use with potential investors, with extra protection for our proprietary software code and algorithms."

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Document background
This Simple Non-Disclosure Agreement is essential for businesses and individuals operating in Nigeria who need to protect sensitive information during business discussions, negotiations, or relationships. The document is particularly relevant when sharing trade secrets, business strategies, technical information, or other confidential data with potential partners, employees, contractors, or service providers. Governed by Nigerian law, including key legislation such as the Freedom of Information Act 2011 and the Nigerian Data Protection Regulation 2019, this agreement provides a standardized framework for confidentiality protection while remaining adaptable to various business contexts. The Simple Non-Disclosure Agreement is designed to be straightforward yet comprehensive, suitable for both domestic Nigerian businesses and international companies operating within Nigerian jurisdiction.
Suggested Sections

1. Parties: Identifies and defines the parties entering into the NDA, including their registered addresses and company registration details if applicable

2. Background: Brief context explaining why the NDA is being entered into and the general purpose of the confidentiality obligations

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Permitted Purpose', and 'Representatives'

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

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

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

7. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request

8. Remedies: Available remedies in case of breach, including injunctive relief

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

Optional Sections

1. Security Measures: Specific security protocols required for protecting confidential information. Include when dealing with highly sensitive data or regulated industries

2. Non-Solicitation: Prevents recipient from soliciting employees or customers. Include when there's risk of talent or customer poaching

3. Non-Competition: Restricts recipient from competing with discloser. Include when sharing business-critical information

4. Intellectual Property Rights: Clarifies ownership of IP and any rights granted. Include when confidential information includes IP

5. Data Protection Compliance: Specific obligations regarding personal data protection. Include when confidential information includes personal data

6. Export Control: Compliance with export control laws. Include for international agreements or technology transfer

Suggested Schedules

1. Schedule 1 - Specified Purpose: Detailed description of the permitted purpose for which confidential information may be used

2. Schedule 2 - Confidential Information: Specific categories or items of confidential information covered by the agreement

3. Schedule 3 - Authorized Representatives: List of individuals or roles authorized to receive confidential information

4. Schedule 4 - Security Protocols: Detailed security measures and procedures for handling confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Financial Services

Healthcare

Energy

Telecommunications

Professional Services

Real Estate

Agriculture

Mining

Oil and Gas

Retail

Education

Construction

Transportation and Logistics

Relevant Teams

Legal

Human Resources

Business Development

Executive Leadership

Procurement

Research and Development

Information Technology

Finance

Operations

Compliance

Investment

Corporate Strategy

Innovation

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Contract Manager

Human Resources Director

Project Manager

Chief Technology Officer

Chief Financial Officer

Operations Manager

Procurement Manager

Research and Development Director

Investment Manager

Partnership Manager

Compliance Officer

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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