Get the free NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT

This agreement outlines the confidentiality obligations and restrictions on dealings between a Corporation and a Lender regarding private financing transactions and relationships with Contacts.

How to fill out non-disclosure and non-circumvention agreement

How to fill out NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT

1. Title the document as 'Non-Disclosure and Non-Circumvention Agreement'.
2. Identify the parties involved by including their legal names and addresses.
3. Define the confidential information that will be protected under the agreement.
4. Specify the purpose of disclosing the confidential information.
5. Outline the obligations of the receiving party regarding the handling of the confidential information.
6. Include a non-circumvention clause that outlines what actions the parties are prohibited from taking to bypass each other.
7. Specify the duration of the confidentiality obligations.
8. Include any exclusions from confidentiality, such as information that is already public knowledge.
9. Provide details on the consequences of breach of the agreement.
10. Ensure both parties sign and date the agreement.

Who needs NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

1. Individuals or businesses entering into partnerships.
2. Freelancers and contractors working with sensitive information.
3. Companies sharing proprietary technology or trade secrets.
4. Investors evaluating business opportunities.
5. Any party needing to protect their interests in negotiations.

People Also Ask about

What is the difference between NDA and NNN?

A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two parties: one that holds sensitive information and the other that will receive that sensitive information. The latter agrees that the information they receive won't be made available to others.

What is a non-circumvention?

Non-circumvention refers to a legal agreement or clause designed to prevent parties involved in a negotiation or partnership from bypassing each other to engage directly with third parties for mutual benefits.

What is a non-disclosure and non-circumvention agreement?

A non-circumvention agreement ensures that the intermediaries who brought the buyer and seller together are not excluded from future negotiations, whilst a non-disclosure agreement is a contract by which a party receiving information from another party agrees to keep such information confidential.

What is the difference between NDA and non-circumvention?

While an NDA focuses solely on keeping shared information confidential, an NNN provides additional protections, ensuring that the recipient does not use the information for their own benefit (Non-Use) and does not bypass you to deal directly with your partners or clients (Non-Circumvention).

What is the difference between NDA and non circumvent?

In short, an NDA is a "don't tell anyone about my stuff" agreement, while a non-circumvention agreement is a "don't do a deal with my contacts without me" agreement. Both are crucial for safeguarding a business's assets, whether those assets are confidential information or valuable relationships.

What are the three types of NDA?

At the top, there are three types, unilateral, bilateral, and multilateral NDAs. The rest of the specific NDA types fall under these three categories. Most are based on who has to sign the NDA. Not all NDAs are created equally, and they can only demand so much secrecy from strangers when compared to their employees.

What is a non-circumvention non-disclosure agreement?

A short-form confidentiality (or nondisclosure) and non-circumvention agreement to be used by a party that wants to both prevent a counterparty's misuse of its confidential information and prevent the counterparty from working directly with the discloser's business contacts in a manner that damages the discloser.

For pdfFiller’s FAQs

What is NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

A Non-Disclosure and Non-Circumvention Agreement (NDNCA) is a legal contract that protects confidential information shared between parties and prevents one party from bypassing the other to engage in business transactions.

Who is required to file NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

Typically, individuals or companies who share sensitive information during business discussions or negotiations are required to file an NDNCA.

How to fill out NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

To fill out an NDNCA, parties should include details such as the names of the parties involved, the definition of confidential information, the purpose of disclosure, obligations of the parties, duration of the agreement, and any exceptions.

What is the purpose of NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

The purpose of an NDNCA is to ensure that sensitive information remains confidential and to prevent one party from using that information to circumvent business relationships to engage in direct dealings.

What information must be reported on NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT?

An NDNCA must report information including the identities of the disclosing and receiving parties, descriptions of the confidential information, the obligations of both parties regarding confidentiality, and the terms outlining the duration of the agreement.