Non-disclosure agreement (business venture)

Business venture discussions usually involve the exchange of confidential information such as business plans and financial data, and it is common for the parties to enter into a non-disclosure agreement to protect that information.

This is a mutual or two-way agreement, protecting the information of both parties. The default provisions are mirror images, but the agreement can be adapted so that different rules apply to each party.

This documents is a lightly modified version of our mutual/premium non-disclosure agreement.

Ask about this document

Non-disclosure agreement (business venture) contents

Definitions: definitions.
Term: commencement of term; end of term.
First Party
confidentiality obligations: first party confidentiality undertaking (permitted purpose mandatory); disclosure of confidential information by
First Party
to certain persons for permitted purpose; exceptions to
First Party
confidentiality obligations; disclosures of
Second Party
confidential information mandated by law etc;
First Party
to stop using confidential information upon termination;
First Party
to return or destroy confidential information following termination;
First Party
confidentiality obligations after termination.
Second Party
's confidentiality obligations:
Second Party
confidentiality undertaking (permitted purpose mandatory); disclosure of confidential information by
Second Party
to certain persons for permitted purpose; exceptions to
Second Party
confidentiality obligations; disclosures of
First Party
confidential information mandated by law etc;
Second Party
to stop using confidential information upon termination;
Second Party
to return or destroy confidential information following termination;
Second Party
confidentiality obligations after termination.
Publicity: no public disclosures by
Second Party
; no public disclosures by
First Party
.
Intellectual property rights: no assignment of intellectual property rights; no licence or limited licence to use
First Party
confidential information; no licence or limited licence to use
Second Party
confidential information.
Warranties: first party warranty of authority;
Second Party
warranty of authority; exclusion of implied warranties and representations.
Termination: termination by either party at will.
Effects of termination: surviving provisions upon termination; termination does not affect accrued rights.
Equitable relief: injunctive or other equitable relief.
General: no waiver; severability; variation written and signed; no assignment without written consent; no third party rights; caveats to limits of liability; entire agreement; governing law; exclusive jurisdiction.
Interpretation: statutory references; section headings not affecting interpretation; calendar month meaning; no ejusdem generis.

Non-disclosure agreement (business venture) document editor preview

This is a shortened preview of the editor interface; once you create your instance you'll be able to edit the full document in our online editor.

Non-disclosure agreement (business venture) document preview

This is a shortened preview of the DOCX output; once you create your instance you'll be able to download the full document in PDF, HTML, RTF and/or DOCX (Microsoft Word) format.

Which licence should I choose?

Version	2.3
First published	1 Sep 2016
Last updated	11 Apr 2024
Law	English law and EU law
Language	English (UK)
^†Word count	3,085
^†Template pages	8

† These figures are approximations.

Law of confidence Company law Consulting Agreement

Specialised non-disclosure agreements

We do not limit the number of copies of a template you can make on your own computer. Nor do they limit the number of times you can print and sign a document. We do however limit the number of copies of a template you can create in the Docular editor, and also the number of websites / digital products with respect to which a template may be used.

There are four different licences under which you can access a Docular template.

	Free licence	Standard licence	Extended licence	Professional licence
Number of document instances	1	1	5	25
Number of websites or digital products	1	1	5	25
Sub-licences permitted	None	1	5	25
Document licence period	No expiry	No expiry	No expiry	No expiry
Credit for Docular	Yes	No	No	No

Number of document instances

Document templates are the products available for sale on this website; whereas document instances are "clones" of the templates, which you can edit using Docular's online editor and export from the website.

We will update our document templates from time to time, but this will not affect your document instances. When you create a document instance, it will be based upon the latest version of the underlying document template at the time of creation of the instance, irrespective of your date of purchase.

You can save your document instance to our servers at any time, and return to editing later. Once you are happy with your editing, you can export the document and save it to your computer.

Number of websites or digital products

The licences include numerical limits upon: (a) the number of websites (including cloud services) on which documents may be published; and (b) the number of digital products (such as software programs) with which documents may be distributed.

Sub-licences permitted

All of our paid licences allow you to sub-license to a client of yours the right to use a document created using Docular.

When you sub-license that right, it becomes attached to the particular client. The number of sub-licences you may grant is numerically limited and, again, the limitation corresponds to the document instance limitation.

Document licence period

This is the period of the licence to use documents created using and exported from the Docular online editor. In short, the licences do not expire. There are no ongoing licence fees.

Credit for Docular

Each free template includes a textual credit for Docular (eg "this document was created using Docular") and you must retain that credit in all versions of the document.

Legal T&Cs

For full details of the licensing rules governing the use of Docular templates, instances and exports, see our terms and conditions.