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NDA Type
Select the type of NDA that best fits your situation.
THIS NON-DISCLOSURE AGREEMENT (the "Agreement") is entered into as of the ________ day of ________________, ________ (the "Effective Date").
PARTIES(1) , a a company, ("Party A"); and
(2) , a a company, ("Party B").
Party A and Party B are each referred to as a "Party" and collectively as the "Parties."
1. PURPOSE
The Parties wish to explore or engage in (the "Purpose") and, in connection with the Purpose, each Party may disclose certain confidential and proprietary information to the other Party.
2. DEFINITION OF CONFIDENTIAL INFORMATION"Confidential Information" means any and all non-public information disclosed by either Party to the other Party, whether orally, in writing, electronically, or by inspection of tangible objects, including but not limited to:
Confidential Information does not include information that:
- Is or becomes generally available to the public through no fault of the receiving party
- Was already in the possession of the receiving party prior to disclosure, as evidenced by written records
- Is independently developed by the receiving party without reference to or use of the Confidential Information
Each Party agrees to:
- Hold the Confidential Information in strict confidence and exercise at least the same degree of care as it uses to protect its own confidential information, but in no event less than reasonable care;
- Not disclose the Confidential Information to any third party without the prior written consent of the disclosing Party;
- Use the Confidential Information solely for the Purpose described herein;
- Limit access to the Confidential Information to those of its employees, agents, or advisors who have a need to know and who are bound by obligations of confidentiality at least as restrictive as those set forth herein;
- Promptly notify the disclosing Party of any unauthorized use or disclosure of the Confidential Information.
This Agreement shall become effective as of the Effective Date and shall remain in effect for two (2) years from the Effective Date, unless earlier terminated by either Party upon thirty (30) days' written notice to the other Party. The obligations of confidentiality shall survive termination of this Agreement for the full duration specified herein.
6. RETURN OF MATERIALSUpon termination of this Agreement or upon request by either Party, each Party shall promptly return or destroy all copies of the Confidential Information in its possession, custody, or control, and shall certify in writing that it has done so. Notwithstanding the foregoing, a Party may retain copies of Confidential Information to the extent required by applicable law or regulation, provided such retained copies remain subject to the terms of this Agreement.
7. REMEDIESEach Party acknowledges that any breach or threatened breach of this Agreement may cause irreparable harm to the other Party for which monetary damages alone would be an inadequate remedy. Accordingly, the non-breaching Party shall be entitled to seek injunctive or other equitable relief, without the necessity of posting a bond or other security, in addition to all other remedies available at law or in equity. In any action to enforce this Agreement, the prevailing party shall be entitled to recover its reasonable attorney's fees and costs.
8. DISPUTE RESOLUTIONAny dispute arising out of or relating to this Agreement shall be resolved exclusively in the state or federal courts located in the State of , and the Parties hereby consent to the jurisdiction of such courts.
9. GENERAL PROVISIONSGoverning Law. This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles.
Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior negotiations, representations, or agreements relating thereto.
Amendment. This Agreement may not be amended or modified except by a written instrument signed by both Parties.
Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
Waiver. No waiver of any breach of this Agreement shall be deemed a waiver of any subsequent breach, and no waiver shall be effective unless made in writing and signed by the waiving Party.
Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Signatures delivered electronically or by PDF shall have the same force and effect as original signatures.
Assignment. Neither Party may assign or transfer this Agreement or any rights or obligations hereunder without the prior written consent of the other Party.
IN WITNESS WHEREOF, the Parties have executed this Non-Disclosure Agreement as of the date first written above.
Why Use Our NDA Generator?
What Is a Non-Disclosure Agreement?
A non-disclosure agreement (NDA) is a legal contract between two or more parties that outlines confidential information the parties wish to share for certain purposes but want to restrict access to. NDAs are commonly used in business negotiations, employment relationships, and partnerships where sensitive information needs to be shared. They create a legal obligation to keep specified information private and outline the consequences of unauthorized disclosure.
When Do You Need an NDA?
NDAs are essential in numerous business situations: when sharing business plans with potential investors, discussing trade secrets with potential partners, hiring employees who will access sensitive data, engaging contractors for proprietary projects, exploring mergers and acquisitions, licensing intellectual property, or sharing customer data with service providers. Any time confidential information changes hands, an NDA provides important legal protection.
Key Components of an Effective NDA
A well-drafted NDA should clearly define what constitutes confidential information, specify the obligations of the receiving party, outline permitted uses and exclusions, establish the duration of confidentiality obligations, include provisions for return or destruction of materials, specify governing law and dispute resolution mechanisms, and address remedies for breach including injunctive relief.
NDA Types
Mutual NDA Generator
A mutual NDA (also called a bilateral or two-way NDA) protects both parties when confidential information flows in both directions. Ideal for partnerships, joint ventures, and business negotiations where both sides share sensitive data.
Unilateral NDA Generator
A unilateral NDA (one-way NDA) protects information shared by one party (the disclosing party) with another (the receiving party). This is the most common type of NDA, used when only one party needs to share confidential information.
Employee NDA Generator
An employee NDA protects your company's confidential information and trade secrets when hiring new employees or contractors. Includes options for non-solicitation and non-compete clauses to provide comprehensive protection.
Frequently Asked Questions
Related Templates
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