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This Perpetual NDA is essential for business relationships in Nigeria where ongoing protection of confidential information is required without time limitations. The document is particularly relevant when parties need to share sensitive business information, trade secrets, or proprietary technology in the context of long-term business relationships, joint ventures, or strategic partnerships. It is designed to comply with Nigerian legal requirements while providing comprehensive protection for various types of confidential information. The agreement's perpetual nature ensures that confidentiality obligations continue indefinitely, making it suitable for protecting critical business information that maintains its value over time. This type of NDA is commonly used in significant business transactions, technology transfers, and strategic collaborations where the disclosed information requires permanent protection.

1. Parties: Identification of the disclosing and receiving parties, including full legal names and addresses

2. Background: Context of the agreement and the business relationship between the parties

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Trade Secrets', and 'Authorized Personnel'

4. Scope of Confidential Information: Comprehensive description of what constitutes confidential information under the agreement

5. Obligations of Receiving Party: Detailed responsibilities regarding the protection, non-disclosure, and non-use of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and professional advisors

7. Security Measures: Specific measures required to protect confidential information

8. Return or Destruction of Confidential Information: Procedures for handling confidential information upon request or termination

9. Perpetual Nature of Obligations: Clear statement that confidentiality obligations continue indefinitely

10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

11. Governing Law and Jurisdiction: Specification of Nigerian law and jurisdiction for dispute resolution

12. General Provisions: Standard clauses including severability, entire agreement, and amendments