Our standard Non Disclosure Agreement
In the context of each transaction, substantial resources are being spent on the conclusion of non-disclosure agreements both on seller’s and (potential) acquirer’s side. Although each transaction has its particularities, we see a trend towards convergence on several terms and conditions of NDAs. Based on these customary terms and conditions, the BVA Tax & Legal Committee has prepared a well-balanced non-disclosure agreement template responding to the prime concerns of the disclosing and receiving party.
The template can be used in both a VC and PE context. Except for some particular details that are still to be filled in, we would hope that no substantial modification and negotiation will be required.
We herewith kindly invite you, as investors or intermediaries, to use the template.