One Way NDA Template for New Zealand

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Key Requirements PROMPT example:

One Way NDA

"I need a One Way NDA under New Zealand law for my technology startup to protect our proprietary software information when discussing potential partnerships with manufacturers; we expect to begin sharing technical specifications from March 2025."

Document background

This One-Way NDA is designed for use in New Zealand business contexts where one party (the disclosing party) needs to share confidential information with another party (the receiving party) while maintaining strict control over its use and dissemination. The agreement is particularly useful in situations involving business negotiations, potential partnerships, vendor relationships, or professional service engagements. It complies with New Zealand legal requirements, including the Contract and Commercial Law Act 2017, Privacy Act 2020, and relevant common law principles regarding confidential information. The document typically covers various types of confidential information including trade secrets, proprietary data, customer information, financial details, and intellectual property, providing comprehensive protection through clearly defined obligations, permitted uses, and enforcement mechanisms.

Suggested Sections

1. Parties: Identifies and provides full legal details of the disclosing party and receiving party

2. Background: Sets out the context and purpose of the agreement, including the nature of the confidential information to be disclosed

3. Definitions: Defines key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant terms

4. Confidentiality Obligations: Core section detailing the receiving party's obligations to maintain confidentiality and prevent unauthorized disclosure

5. Permitted Use and Disclosure: Specifies the authorized uses of confidential information and circumstances under which disclosure is permitted

6. Security Measures: Outlines the required security measures for protecting confidential information

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

8. Term and Termination: Duration of the agreement and circumstances for termination

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

10. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement

Optional Sections

1. Intellectual Property Rights: Additional section when confidential information includes IP rights that need specific protection

2. Representatives and Affiliates: Include when the receiving party needs to share information with specific employees, advisors, or affiliated companies

3. Notice Requirements: Detailed notice provisions when formal communication procedures are required

4. Survival: Specific provisions about which obligations survive termination, if different from standard confidentiality period

5. Non-Solicitation: Include when there's a risk of employee or customer poaching

6. Publicity and Announcements: When public statements about the relationship need to be controlled

7. Data Protection: Include when confidential information includes personal data under the Privacy Act 2020

Suggested Schedules

1. Schedule 1 - Description of Confidential Information: Detailed list or categories of confidential information covered by the agreement

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Professional Services

Research & Development

Retail

Education

Biotechnology

Real Estate

Construction

Media & Entertainment

Telecommunications

Energy

Legal Services

Consulting

Relevant Teams

Legal

Human Resources

Executive Leadership

Business Development

Sales

Research and Development

Information Technology

Finance

Procurement

Operations

Product Development

Marketing

Strategy

Compliance

Innovation

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Technology Officer

Managing Director

Business Development Manager

Project Manager

Legal Counsel

Human Resources Director

Procurement Manager

Research Director

Investment Manager

Operations Manager

Sales Director

Product Manager

Compliance Officer

Strategy Consultant

Technical Lead

Innovation Manager

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Authors

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