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The document is a Non-Disclosure Agreement (NDA) between a Disclosing Party and a Receiving Party, outlining the terms under which confidential information may be shared during discussions about a potential transaction. It defines 'Confidential Information', stipulates the obligations of the Receiving Party to protect this information, and details the conditions under which disclosure may occur. The agreement emphasizes that it does not create any binding obligation regarding the transaction itself and includes provisions for remedies in case of breach, return of confidential materials, and legal jurisdiction.

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Can I create my own non-disclosure agreement?

So, yes, an individual can create an NDA not related to business or patent. The only thing, apart from whether the subject matter of the NDA is legal, is whether the other party is willing to sign it, knowingly, freely and accepts the consideration (payment, terms).

Can I write my own NDA?

I hereby undertake to treat as confidential all and any information that I receive while participating in the work of the Evaluator Panel and evaluating project proposals, to use this information solely for the purpose of evaluation of the proposals, not to disclose it to any third party and not to make it

How much does it cost to create an NDA?

The cost of an NDA can vary significantly. Simple, template-based NDAs may be free or cost under $100. Depending on complexity, custom NDAs drafted by lawyers often range from $200 to $1,000 or more. Ongoing legal support for NDAs (such as enforcement or modifications) can also incur additional costs over time.

How do I make a non-disclosure?

Five other key features must be included in your NDA to ensure its legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.

Does a NDA need to be notarized?

Starting at $1,500.00 for basic Non Disclosure Agreement. More complex matters may range from $5,000.00-$10,000.00. An NDA is a contract by which one or more parties agree not to disclose confidential information that they have shared with each other as a necessary part of doing business together.