An NDA (Non-Disclosure Agreement) template for potential investors should include the following key components:
- Definition of Confidential Information: This section should explicitly define what information is considered confidential within the agreement. This can include business plans, financial data, customer information, trade secrets, etc.
- Parties Involved: Clearly list who is involved in the agreement. This typically includes the disclosing party (you) and the receiving party (the potential investor).
- Scope of the NDA: This section outlines what the recipient can and cannot do with the confidential information. It usually specifies that the recipient must keep the information secret and cannot use it for their own benefit.
- Term: The period during which the NDA will be in effect should be clearly stated. It might be a specific number of years or until the information becomes public knowledge.
- Exclusions from Confidential Information: This section specifies what information is not considered confidential. It often includes information that is already known to the public, information that is independently developed by the receiving party, or information that is lawfully acquired from other sources.
- Consequences of Breach: This section should detail the consequences if the agreement is broken. This can include legal actions or monetary damages.
- Governing Law: State the jurisdiction or country’s law that will govern the NDA. This is typically the country where your company is based.
- Signatures: Finally, there should be a place for both parties to sign and date the agreement to validate it.
Remember, it’s always a good idea to consult a lawyer when drafting a legal agreement such as an NDA to ensure all bases are covered and your business is effectively protected.
View Our Presentation Design Portfolio
