Before you share your business plan with a potential investor, your product specifications with a manufacturer, or your processes with a contractor, you need a signed NDA. Without one, the information you share can be used or disclosed with limited legal recourse.
A one-way NDA creates a legally binding obligation on the recipient to keep your confidential information confidential and to use it only for the purpose you agreed. It is one of the simplest and most effective tools available to any business owner.
The framewrk One-Way NDA covers:
- Confidential information definition – a specific, customisable definition of what categories of information are protected, with standard exclusions for publicly known or independently developed information
- Confidentiality obligations – strict confidence, use restricted to the agreed purpose, disclosure only to representatives who need to know, and reasonable security measures
- Compulsory disclosure process – a structured approach for handling legally required disclosure including prior notice and cooperation obligations
- No licence or other rights – confirmation that disclosure does not grant any IP rights or make any warranty about the information
- Return or destruction – obligations to return or securely destroy information when the purpose ends, with a carve-out for legally required retention
- Term and survival – duration of the agreement and how long obligations continue after expiry, including an option for indefinite protection of trade secrets
- Remedies – acknowledgment that breach may cause irreparable harm and the right to seek injunctive relief without posting security
- Waiver – no failure to enforce operates as a waiver of future rights
- Governing law – New Zealand law and courts
- Notices – a clear notices clause specifying how and when notices take effect
- Severability – invalid provisions are severed without affecting the rest
Verified against current NZ law. Delivered as an editable Word document.
Important: This is a general-purpose legal template, not legal advice. It does not create a lawyer-client relationship. You should satisfy yourself that it is appropriate for your situation before signing. For complex matters or significant commercial transactions, seek advice from a qualified NZ lawyer. Licensed for single business use only.