Unilateral NDA

What is a non-disclosure agreement (NDA)? 

An NDA is established when one party will gain access to another party's sensitive information. In the NDA, the parties agree that certain information will stay between them and not be shared with anyone else. This may involve trade secrets such as product development, research or information that the company wants to keep to itself.

NDAs can be either unilateral or mutual. If the agreement is unilateral, only one of the two parties commits to confidentiality. If the agreement is mutual, both parties commit to confidentiality towards one another.

When are unilateral confidentiality agreements used?

Unilateral NDAs are used when a company hires someone or hires a consultant, or when someone pitches a business idea to investors. In all cases, a third party will gain access to sensitive information. The NDA ensures that the sensitive information does not fall into the wrong hands or is misused.

Someone who commits to confidentiality may not reveal or share sensitive information with anyone else. Nor are they to use the information other than in accordance with the terms of the NDA. If the person were to violate the confidentiality, you can ensure compensation by including a liquidated damages clause in the NDA.

Create an NDA with Jurio!

At Jurio, we know that it can be complicated to establish an NDA on your own as there’s a lot to consider. At the same time, it may feel unnecessary to spend thousands on legal assistance for one single document. That's why we've created a service where you easily can create a customized NDA in just a few minutes!

Create an NDA with Jurio today and lay a secure foundation for your collaboration while saving both time and money compared to going to a traditional lawyer.

Our NDA only works in Sweden

Even though the final document generated with Jurio will be in English, it's been developed in Sweden. It's compliant according to Swedish law, but can't be legally relied on anywhere else. Make sure to check with a lawyer in the country you're going to use the NDA in to make sure you're getting all the coverage you need.

Click on 'Create an NDA' to get started!