Document background
The Indefinite NDA is essential for businesses operating in Nigeria who need to protect their confidential information without a predetermined expiration date. This document is particularly valuable for long-term business relationships, strategic partnerships, and situations where the sensitivity of the shared information requires permanent protection. The agreement is drafted in compliance with Nigerian contract law, intellectual property regulations, and relevant statutes, incorporating both common law principles and statutory requirements. It's commonly used when sharing trade secrets, proprietary technology, business strategies, or other sensitive information that requires lasting protection. The indefinite nature of this NDA means that confidentiality obligations continue indefinitely, unlike fixed-term NDAs, making it particularly suitable for protecting information that maintains its value over time.
