What are my obligations? - OneNDA Provision

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NDA Anatomy™
JC’s guide to non-standard confidentiality agreements. For the OneNDA, see the OneNDA Anatomy
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The OneNDA clause
What are my obligations?

The Receiver must:

  1. only use the Confidential Information for the Purpose,
  2. keep the Confidential Information secure and confidential and only disclose it as allowed by this Agreement,
  3. promptly notify the Discloser if it becomes aware of a breach of this Agreement, and
  4. within thirty days of the Discloser’s request, take reasonable steps to destroy or erase any Confidential Information it holds, except the Receiver may retain copies of Confidential Information:
    1. that are securely stored in archival or computer back-up systems,
    2. to meet legal or regulatory obligations, or
    3. in accordance with bona fide record retention policies,
    subject to this Agreement’s terms.

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