[HEADER — replace with your organisation’s letterhead, if used]
Non-Disclosure Agreement
One-way — information flows from the Disclosing Party to the Receiving Party only
Use the one-way form only where information genuinely flows in one direction. Where both sides will exchange anything of value, the mutual form is fairer and avoids the argument that arises the first time the disclosing party receives something back.
This Non-Disclosure Agreement (this "Agreement") is made at [PLACE OF EXECUTION] on [DATE].
BY AND BETWEEN
[DISCLOSING PARTY NAME], a company incorporated under the Companies Act, 2013 bearing CIN [CIN], having its registered office at [REGISTERED OFFICE ADDRESS] (the "Disclosing Party") of the ONE PART;
AND
[RECEIVING PARTY NAME], [CONSTITUTION — e.g. a company incorporated under the Companies Act, 2013 bearing CIN ______ / an individual holding PAN ______], having its registered office / residing at [ADDRESS] (the "Receiving Party") of the OTHER PART.
The Disclosing Party and the Receiving Party are individually a "Party" and collectively the "Parties".
Recitals
A.The Disclosing Party carries on the business of [DESCRIBE BUSINESS] and possesses confidential and proprietary information relating to that business.
B.The Receiving Party has requested, or is to be given access to, such information for the purpose of [PURPOSE — e.g. evaluating a proposed supply of services / performing a pilot / conducting due diligence / providing professional advice] (the "Purpose").
C.The Disclosing Party is willing to disclose such information only on the terms of this Agreement, and the Receiving Party acknowledges that access to it is granted in reliance on the undertakings recorded below.
NOW THEREFORE the Parties agree as follows:
1. Definitions
1.1"Confidential Information" means all information of or relating to the Disclosing Party or any of its Affiliates, in any form or medium, disclosed or made accessible to the Receiving Party before, on or after the date of this Agreement, whether or not marked or identified as confidential, including:
(a)business, financial, commercial, marketing, pricing and strategic information, budgets, forecasts and unit economics;
(b)customer, prospect, supplier, distributor and partner information, including identities, contact details, contract terms and pipeline data;
(c)technical information including source code, object code, system architecture, databases, data models, algorithms, machine-learning models and training data, designs, drawings, specifications, know-how and trade secrets;
(d)information relating to employees, contractors, remuneration, organisation structure and recruitment;
(e)the existence and terms of this Agreement and the fact that discussions or dealings between the Parties are taking place; and