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ONE-WAY NON-DISCLOSURE AGREEMENT

Date: 5 April 2026 BETWEEN: (1) Parse Labs Ltd, a company registered in England and Wales (company number 16268605) whose registered office is at 3-7 Temple Avenue, London, United Kingdom, EC4Y 0DB (the "Disclosing Party"); and (2) [Company Name], a company registered in England and Wales (company number [Company Reg No.]) whose registered office is at [Registered Address] (the "Receiving Party").
WHEREAS: (A) The Disclosing Party intends to disclose certain confidential and proprietary information to the Receiving Party for the purpose of evaluating a potential business relationship between the parties (the "Purpose"). (B) The Receiving Party agrees to receive such information and to treat it as confidential in accordance with the terms of this Agreement.
1. DEFINITIONS In this Agreement, unless the context otherwise requires: "Confidential Information" means all information of a confidential nature disclosed by the Disclosing Party to the Receiving Party, whether orally, in writing, electronically or by any other means, including but not limited to: technical data, trade secrets, know-how, research, product plans, products, services, customers, markets, software, developments, inventions, processes, designs, drawings, engineering, formulae, algorithms, business plans, financial information, and any information designated as confidential or that reasonably ought to be considered confidential given the nature of the information and the circumstances of disclosure. "Representative" means any employee, officer, director, agent, consultant, adviser or subcontractor of the Receiving Party.
2. OBLIGATIONS OF THE RECEIVING PARTY 2.1 The Receiving Party undertakes to the Disclosing Party that it shall: (a) keep the Confidential Information secret and confidential; (b) not use the Confidential Information for any purpose other than the Purpose; (c) not disclose the Confidential Information to any third party without the prior written consent of the Disclosing Party; (d) not copy, reduce to writing or otherwise record the Confidential Information except as reasonably necessary for the Purpose, and any such copies shall be subject to the terms of this Agreement; (e) apply the same security measures and degree of care to the Confidential Information as it applies to its own confidential information (being not less than a reasonable degree of care); (f) keep a written record of all Confidential Information received and of the location of all copies thereof; and (g) promptly notify the Disclosing Party if it becomes aware of any breach of confidence by any person to whom it has disclosed Confidential Information. 2.2 The Receiving Party may disclose the Confidential Information to its Representatives provided that: (a) it informs such Representatives of the confidential nature of the Confidential Information before disclosure; and (b) it procures that such Representatives comply with this Agreement as if they were a party to it. The Receiving Party shall be responsible for any breach of this Agreement by any of its Representatives.
3. EXCEPTIONS The obligations in clause 2 shall not apply to any Confidential Information which: (a) is or becomes publicly available other than through the act or default of the Receiving Party or its Representatives; (b) was lawfully in the possession of the Receiving Party before disclosure by the Disclosing Party, as evidenced by written records; (c) is lawfully disclosed to the Receiving Party by a third party without restriction on disclosure; (d) is independently developed by the Receiving Party without use of or reference to the Confidential Information; or (e) is required to be disclosed by law, regulation, or order of a court or governmental body of competent jurisdiction, provided that the Receiving Party shall give the Disclosing Party prompt written notice of such requirement and shall cooperate with the Disclosing Party to seek an appropriate protective order.
4. RETURN OF INFORMATION Upon the written request of the Disclosing Party, the Receiving Party shall: (a) return to the Disclosing Party all documents, materials, and records containing Confidential Information, together with all copies thereof; or (b) destroy all such documents, materials, records, and copies and certify in writing to the Disclosing Party that it has done so.
5. RESERVATION OF RIGHTS AND ACKNOWLEDGEMENT 5.1 All Confidential Information shall remain the property of the Disclosing Party. Nothing in this Agreement grants the Receiving Party any licence or right to use the Confidential Information except as expressly set out herein. 5.2 The Receiving Party acknowledges that damages alone may not be an adequate remedy for any breach of this Agreement and that the Disclosing Party shall be entitled to seek the remedies of injunction, specific performance, and other equitable relief for any threatened or actual breach.
6. TERM This Agreement shall come into force on the date first written above and shall continue in force for a period of two (2) years from the date of last disclosure of Confidential Information, unless terminated earlier by the Disclosing Party giving thirty (30) days' written notice.
7. GENERAL 7.1 This Agreement constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior agreements, understandings, and arrangements, whether oral or written. 7.2 No amendment or variation of this Agreement shall be effective unless it is in writing and signed by both parties. 7.3 If any provision of this Agreement is found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions of this Agreement, which shall remain in full force and effect. 7.4 This Agreement shall be governed by and construed in accordance with the laws of England and Wales, and the parties submit to the exclusive jurisdiction of the courts of England and Wales.
SIGNED by [Signatory Name] for and on behalf of [Company Name] Title: [Signatory Title] Date: 5 April 2026 ____________________________________ Signature SIGNED by S Bruinsma for and on behalf of Parse Labs Ltd Title: CEO Date: 5 April 2026 S Bruinsma ____________________________________ Signature