Confidentiality And Nondisclosure Agreement Form Template for Nigeria

The Confidentiality and Nondisclosure Agreement Form is essential for businesses and individuals operating in Nigeria who need to protect sensitive information during business discussions, negotiations, or working relationships. This document is particularly crucial given Nigeria's developing legal framework around data protection and trade secrets. It should be used whenever confidential information needs to be shared with external parties or internal stakeholders, providing legal recourse under Nigerian law if breached. The agreement typically covers business strategies, technical information, client data, financial records, and intellectual property, while ensuring compliance with Nigerian legislation including the NDPR 2019 and relevant common law principles. It's designed to be adaptable for various business contexts while maintaining enforceability in Nigerian courts.

1. Parties: Identifies and provides full details of all parties to the agreement, including registered addresses and company registration numbers where applicable

2. Background: Explains the context and purpose of the agreement, including the nature of the business relationship between the parties

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information', 'Authorized Representatives', 'Permitted Purpose', and other relevant terms

4. Scope of Confidential Information: Clearly outlines what constitutes confidential information under the agreement, including both tangible and intangible information

5. Obligations of Confidentiality: Details the receiving party's obligations regarding the protection and non-disclosure of confidential information

6. Permitted Disclosures: Specifies circumstances under which confidential information may be disclosed and to whom

7. Security Measures: Outlines the specific measures required to protect confidential information

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

9. Duration and Termination: Specifies the term of the agreement and survival of obligations post-termination

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

11. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and establishes jurisdiction for dispute resolution

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