One Way Non Disclosure Agreement

Formats:

Overview

You can protect information that you intend to disclose with a One Way Non Discloure Agreement.

• Concise, jargon free two page template.
• Easy to customise to cover any situation.
• Solicitor drafted, up to date and legally binding.
• Re-use your template as many times as you want and recieve free updates to the template.

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Price £9.95

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One Way Non Disclosure Agreement

Although there are laws to provide recourse for breaches of confidence, it is essential to set out what is confidential information and to draw this to the attention of anyone that will have access to it. It is easier to set out any obligations for confidentiality that you wish to impose in a contractual agreement so that if the terms of the contract are broken, you can easily bring an action for breach of contract.

The One Way Non Disclosure Agreement or Confidentiality Agreement as it is sometimes known, allows a business to share information and ideas with specific people safe in the knowledge that it will not be passed on or exploited by them without permission. The recipents of such information could include the business' employees, partners, manufacturers, designers, prospective clients, advisers or suppliers.

Another reason for having such an agreement in place is to ensure that the business is complying with its requirements under the Data Protection Act of 1988. If the business holds personal data about its employees or third parties, such as marketing details, that it will be disclosing to a different third party, it must take steps to ensure that that data is disclosed subject to strict prohibitions on its use or further disclosure to anyone else.

Using the One Way Non Disclosure Agreement

Using a One Way Non Disclosure Agreement is a cost effective way to protect your business information. It is easy to download the template to your computer so that it can be accessed and re-used whenever it is needed.

You should always plan exactly what information you need to disclose before you prepare the document. This is so that all of the disclosed information can be defined and included in the Agreement and so that you do not find yourself disclosing more information than is necessary, therefore reducing as far as possible, the risk of a leak.

Clauses in the One Way Non Disclosure Agreement

The provisions in the One Way Non Disclosure Agreement are designed to protect only the one party who is disclosing the information. However, they also deal with instances where disclosure will not entail liability for the recipient, such as when the information is already in the public domain or has been gained legally from another source. So the agreement can provide clarification and security for both parties.

Associated Documents

Where the other party may be intimidated by the One Way Non Disclosure Agreement to begin with, you can use our Non Disclosure Letter to lead up to the main agreement. This Letter sets out the basic principals of non disclosure so that you have at least some protections in place whilst negotiating the terms of the main agreement.

Where it transpires that you will also be receiving confidential information during the course of the arrangement, the other party may demand that you both enter into the Reciprocal Non Disclosure Agreement instead. 

Non Disclosure Agreements are essential in ensuring that other peoples' confidential information that you will be passing on to a third party is adequately protected. For obligations in this regard, see our Guide to Obligations for Preserving Personal Data and Confidential Information and our Article on Handling Confidential Information.