{"id":16716,"date":"2021-08-11T11:00:01","date_gmt":"2021-08-11T10:00:01","guid":{"rendered":"https:\/\/seedlegals.com\/nda\/"},"modified":"2022-10-10T12:46:45","modified_gmt":"2022-10-10T11:46:45","slug":"nda","status":"publish","type":"products","link":"https:\/\/seedlegals.com\/ie\/start\/team-agreements\/nda\/","title":{"rendered":"NDA"},"content":{"rendered":"","protected":false},"featured_media":12273,"parent":16750,"menu_order":81,"template":"","class_list":["post-16716","products","type-products","status-publish","has-post-thumbnail","hentry"],"acf":{"hero":{"layout":"left","background_colour":"start","":null,"subheading_icon":false,"subheading":"","subheading_tag":"h1","heading":"Create NDAs","heading_tag":"h2","content":"<p>Protect your ideas and confidential information with a Non-Disclosure Agreement. 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View our <a href=\"\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">privacy policy<\/a>"},"custom":{"embed":""},"gtm_form_type":false,"gtm_form_location":false}},"background_color":false,"visibility":true,"shapes":"none","shape_position":"top-left","reverse_content":true,"dark":false,"remove_padding_top":false,"remove_padding_bottom":true,"show_bullet_points":true,"show_blocks":false,"bullets":[{"bullet":"Agree to keep secret any sensitive information"},{"bullet":"Show you\u2019re serious about confidentiality"}],"blocks":false}},{"acf_fc_layout":"two_column_content","two_column_content":{"":null,"section_title":"Unlimited free help","heading":"Chat online anytime with our |experts|","content":"Need some help? Not sure if you should use an NDA or IP Assignment? Our team of legal experts are on hand to chat online, by phone or video call.","link":{"title":"Get in touch","url":"https:\/\/seedlegals.com\/contact\/","target":"_blank"},"graphic":19101,"use_form":false,"form":{"form":{"type":"none","hubspot_form":{"layout":"newsletter","hide_founderinvestor_toggle":false,"default_community":"founder","custom_form_id":"","gdpr_disclaimer":"By subscribing, you agree to receive information from SeedLegals. You can unsubscribe anytime. 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It\u2019s a legal contract that prevents individuals from disclosing that information or leaking it into the public domain. <br \/>\r\n<br \/>\r\nIt\u2019s signed by two parties who agree to keep the information they discuss private, and not to divulge, share or release, without the consent of the person or company who owns it. <br \/>\r\n<br \/>\r\nAn NDA can be drawn up between a business and an employee, contractor, investor, collaborator, or a job candidate. <br \/>\r\n<br \/>\r\nA Non-Disclosure Agreement is a legally binding contract so there are consequences if you breach the terms. "},{"question":"When should I use a Non-Disclosure Agreement?","answer":"If you\u2019re sharing or discussing information that needs to stay private, you should consider getting both parties to sign a Non-Disclosure Agreement. Without an NDA, sensitive information could easily make its way into the public domain. <br \/>\r\n<br \/>\r\nAn NDA is generally used to protect trade secrets, patents, inventions, pricing arrangements or other financial details. So, if information is commercially sensitive or <a href=\"http:\/\/www.localhost:10013\/start\/team-agreements\/ip-assignment\/\">intellectual property<\/a> could be compromised, it pays to make sure you\u2019re protected by a watertight NDA.<br \/>\r\n<br \/>\r\nYou don\u2019t need an NDA if your team member is already covered by a contract that includes confidentiality terms, such as an <b>Employment Agreement<\/b>, <b>Consultancy Agreement<\/b> or <b>Intern Agreement<\/b>."},{"question":"What types of NDA are there?","answer":"There are two types of NDA, unilateral and mutual:<br \/>\r\n<ul><li><b>Unilateral NDA<\/b><br>This tells the person or company receiving information that they must not divulge, share or release that information. By signing the NDA, the receiving party is obliged to keep the information protected. Both parties sign the same document.<\/li><br \/>\r\n<li><b>Mutual NDA<\/b><br>When two parties share information <em>with each other<\/em>, that\u2019s when you\u2019ll want a Mutual NDA. This binds both parties in an agreement to keep each other\u2019s information confidential. If your company is exchanging confidential information with someone or another company, then each party can create a Mutual Non-Disclosure Agreement for the other to sign.<\/li><\/ul> <br \/>\r\nAt SeedLegals, when you create an NDA, it\u2019s a mutual Non-Disclosure Agreement because in most cases both parties share confidential information with each other.<br \/>\r\n<br \/>\r\nSometimes, companies use a <b>Confidentiality Agreement<\/b> which is similar to an NDA, and usually used when multiple parties are required to keep an exchange of secrets confidential."},{"question":"What type of NDA do I need?","answer":"<ul><li><b>Sharing one way?<\/b><br>You could use a unilateral NDA \u2013 the person receiving the information agrees to keep it confidential.<\/li><br \/>\r\n<li><b>Sharing two ways or with multiple parties?<\/b><br>You need a Mutual NDA \u2013 you both agree to keep each other\u2019s information confidential.<\/li><\/ul><br \/>\r\nAt SeedLegals, when you create an NDA, it\u2019s a mutual Non-Disclosure Agreement because in most cases both parties share confidential information with each other."},{"question":"How do I write an NDA?","answer":"The easiest way to write a Non-Disclosure Agreement is to start with a template and customise it so it\u2019s exactly right for your company. <br \/>\r\n<br \/>\r\nYou can start with a SeedLegals Non-Disclosure Agreement template and choose which terms you need. To get started, log into SeedLegals then go to <b>Agreements<\/b>. It\u2019s fast and incredibly simple. If you need any help, chat online with our experts.<br \/>\r\n<br \/>\r\nWhen your NDA is ready, send it via SeedLegals to be signed online. <br \/>\r\n<br \/>\r\nBest of all, we store your documents securely for as long as you need, so you can access them again anytime. And if you need to create a new NDA, you can replicate the terms you\u2019ve used before - you don\u2019t have to start from scratch."},{"question":"What should a Non-Disclosure Agreement contain?","answer":"<ul><li>details of both parties involved - the \u2018disclosing party\u2019 (the provider of the information) and the \u2018receiving party\u2019 (the individual or company receiving the information)<\/li><br \/>\r\n<li>what the confidential information is, along with a legal definition of \u2018confidential information\u2019<\/li><br \/>\r\n<li>why the information is being shared<\/li><br \/>\r\n<li>how long the agreement should last<\/li><\/ul><br \/>\r\nWhen you create an NDA with SeedLegals, we store your documents securely for as long as you need. When you need to create a new NDA, you can replicate the terms you\u2019ve used before - you don\u2019t have to start from scratch."},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""}]}}],"ctas":{"hide_default_benefits_block":false,"hide_default_customers_testimonial":true,"hide_default_two_col_cta":true}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Create Non-Disclosure Agreements | SeedLegals<\/title>\n<meta name=\"description\" content=\"Customise our template NDAs for your company. View sample terms, create and sign your own agreements. 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