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ƵSource file
Jurisdiction
England and WalesRelevant sectors
Type of legal document
🤐 One Way NDABusiness activity
Protect confidential informationA one-way non-disclosure agreement is a contract between two parties in which only one party is obligated to keep information confidential. This type of agreement is typically used when only one party has access to sensitive information, such as trade secrets or proprietary information. The party receiving the confidential information is typically bound by the terms of the agreement not to disclose it to anyone else.
This legal template serves an important purpose in industries or situations where sensitive information needs to be shared, such as trade secrets, business strategies, financial data, intellectual property, or any other confidential information. The NDA ensures that the receiving party has a clear understanding of their duty to safeguard the confidential information and outlines the consequences for breaching the agreement. It also establishes the duration of the confidentiality obligation, the permitted use of the information, and any exceptions or limitations to that use.
The One Way NDA UK template is designed to provide a fair and balanced approach to confidentiality, while abiding by the laws and regulations of the United Kingdom. It offers a legally robust framework to protect the disclosing party's proprietary information and helps maintain a certain level of trust and confidence between the parties involved. This template can be adapted and customized to fit the specific needs and circumstances of the parties entering into the one-way NDA arrangement in the United Kingdom.
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