An NDA Between Two Individuals is essential in Nigeria when private parties need to share sensitive information while maintaining confidentiality. This document type is commonly used in situations such as business discussions, professional collaborations, or personal ventures where one individual needs to disclose confidential information to another. The agreement is structured to comply with Nigerian contract law and common law principles, providing clear definitions of confidential information, usage restrictions, and breach consequences. It's particularly relevant in Nigeria's growing entrepreneurial and professional services landscape, where individual consultants, freelancers, and business owners frequently engage in confidential discussions. The document includes provisions for enforcement under Nigerian jurisdiction and can be customized to address specific types of confidential information and security requirements.
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1. Parties: Identification and contact details of both individuals entering into the NDA
2. Background: Context of the relationship between parties and purpose of sharing confidential information
3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Unauthorized Disclosure'
4. Scope of Confidentiality: Specific description of what information is considered confidential and covered by the agreement
5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including legal requirements
7. Term and Survival: Duration of the agreement and which obligations survive termination
8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon termination
9. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
10. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
11. Entire Agreement: Confirmation that this document represents the complete agreement between parties
12. Execution: Signature blocks and execution details
1. Non-Solicitation: Prevents parties from soliciting employees or clients, used when parties have business interests to protect
2. Non-Competition: Restricts competitive activities, included when there's risk of business competition
3. Intellectual Property Rights: Clarifies ownership of IP rights, needed when confidential information includes intellectual property
4. Security Measures: Specific security protocols for handling information, used for highly sensitive data
5. Third Party Rights: Addresses rights of third parties, needed when confidential information relates to or belongs to third parties
6. Data Protection: Specific provisions for personal data protection, required when personal data is involved
7. Costs: Allocation of costs related to confidentiality measures, included for complex arrangements
1. Schedule 1 - Confidential Information: Detailed list or categories of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive or handle confidential information
3. Schedule 3 - Security Protocols: Specific security measures and procedures for handling confidential information
4. Appendix A - Notification Procedures: Procedures for reporting unauthorized disclosures or security breaches
5. Appendix B - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information
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Relevant Teams
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Research & Development
Innovation
Product Development
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Executive Leadership
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Consultant
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