Business (Sale) Non-Disclosure Agreement (NDA) Template

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The business sale non-disclosure agreement requires all parties involved in the sale of an entity to keep financial information and the business’s trade secrets confidential for a period after the purchase is complete. Also, the seller may not want to have the sales price along with any of the financial details of the transaction made available to the public. In this case, both buyer and seller would be bound to the terms of the non-disclosure agreement.

How to Write

Step 1 – Download in Adobe PDF, Microsoft Word (.docx), or Open Document Text (.odt).

Step 2 – The name of the Recipient will need to be supplied in the first available field of the form. The second field is for the Business Entity.

Step 3 – If the Recipient does not proceed with the offer and purchase the business, they will not be able to use the Confidential Information in any way that would be disadvantageous to the Business Entity or any related entity/person associated with the Business Entity. This condition is applicable for the amount of time indicated in the field of section five (5).

Step 4  – The State which will govern the agreement will need to be supplied in section seven (7).

Step 5 – The Recipient will need to reread the document, ideally with an attorney present, and then supply their printed name, the date, and furnish the contract with their signature.