Non-Disclosure Agreement for a Third Party

This is a template for a non-disclosure agreement for a third party. It also includes an optional non-solicitation provision. A non-disclosure agreement is intended to protect confidential information you share with others.

 

This non-disclosure agreement is for when you have either hired a service provider, or are seeking advice on your business, and you may need to share confidential information about your company but don’t want it disclosed.  This is most appropriate in a one-sided transfer of information (so your company giving information to someone else, but they aren’t sharing any of their confidential information).

Use this template compared to our business collaboration NDA if your company will be the only one sharing information.

-Introductory page with key considerations  more information on how to use the template most effectively 

 

-Contract template with comment boxes that explain the intricacies of a non-disclosure agreement, including clauses that account for what is considered confidential information, how that information must be protected, not transferring ownership of intellectual property, what happens to confidential information when the agreement is terminated, remedies for disclosure, and more.

-A business hiring a contractor to provide services to the company and wants to keep any confidential information they share with the contractor from being divulged

 

-A start-up speaking with industry professionals for advice and will be sharing confidential information with them they don't want to be told to anyone else 

 

-A company talking with potential investors or a potential purchaser about the business and sharing detailed confidentail inforamtion that they don't want getting out

This template was drafted by a Pennsylvania licensed attorney under Pennsylvania laws. It may be used by individuals in other states but if you are located in another state, it may be beneficial to speak to an attorney licensed in your state for any specific considerations. Templates do not constitute specific legal advice or create an attorney-client relationship. If you have specific questions about how you should use the resource or about your unique situation, please speak with an attorney.