One-way NDA (Pro-recipient)

A one-way Non-Disclosure Agreement (NDA), specifically designed for the recipient or receiving party, under UK law, is a legally-binding template that outlines the terms and conditions for the protection of confidential information shared by the disclosing party.

This legal document ensures that the recipient party is obligated to maintain the confidentiality of sensitive and proprietary information disclosed by the disclosing party during the course of a business relationship, partnership, collaboration, or any other arrangement. As per the UK jurisdiction, this particular NDA template primarily favors the recipient's interests and seeks to safeguard their position and potential exposure to risks and liabilities associated with the disclosure of confidential information.

Primarily acting as a protective instrument, this NDA template typically includes provisions such as the definition and scope of confidential information, permissible uses, non-disclosure obligations, non-compete clauses (if applicable), term and termination, dispute resolutions, and any exclusions or limitations on liability incurred in case of breach or unauthorized disclosure.

By utilizing this Pro-recipient NDA template, the recipient party can benefit from the assurance that the disclosed confidential information will remain secure, and any unauthorized use or disclosure will result in potential legal consequences. This legal document plays a crucial role in maintaining trust, promoting open communication, and protecting valuable business assets, ultimately fostering a relationship of confidence and reliability between the parties involved.