A confidentiality agreement or non-disclosure agreement (NDA) is an agreement between two parties that is entered into in circumstances where either or both will disclose confidential information during the course of their relationship. It is generally recommended that you enter into the agreement prior to disclosing any confidential information. This New Zealand confidentiality agreement is a mutual confidentiality agreement, which means both the parties entering into the contract agree not to disclose any confidential information provided to them by the other.
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This New Zealand Confidentiality or Non-Disclosure Agreement (NDA) can help you protect your business ideas or company knowledge. This legal document is an important tool for New Zealand startup companies in particular, to keep certain information secret while they build their business. However, companies of all sizes use this agreement to stop specific information from becoming public knowledge.
This free NDA template is 6 pages long and contains 8 clauses and 1 schedule. It sets out:
- the types of confidential information that the agreement protects;
- the term of the agreement;
- the obligations of each party to the confidentiality agreement;
- when the confidentiality obligations apply; and
- how notices are to be delivered under the confidentiality agreement.
If your New Zealand business has additional confidentiality matters to address in your NDA, LegalVision lawyers can help you draft more sophisticated confidentiality clauses to cover issues such as damages or indemnity.
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