Not for distribution

The "Not for distribution" clause in a contract restricts the sharing or dissemination of the specified materials, information, or documents to unauthorized parties. Its purpose is to protect sensitive content and ensure it is only accessed by individuals or entities explicitly permitted by the contract.

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Sample Not for distribution clauses


  • CONFIDENTIAL - NOT FOR DISTRIBUTION


  • CONFIDENTIAL: This guide is not for distribution. It is intended to help guide your conversations with your team.


  • CONFIDENTIAL AND NOT FOR DISTRIBUTION OR RECIRCULATION


  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES


  • This announcement is not for distribution, directly or indirectly, in or into Australia, Canada or Japan. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada or Japan.


  • NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL


  • THIS MATERIAL IS FOR INSTITUTIONAL/BROKER-DEALER USE ONLY. NOT FOR DISTRIBUTION OR USE WITH THE PUBLIC


  • Not for distribution to United States newswire services or for dissemination in the United States. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

What is “Not for Distribution”?

“Not for distribution” is a label or notice used to indicate that a particular document, information, or material should not be shared or disseminated beyond its intended limited audience. This restriction is typically employed to protect sensitive information and ensure that it is only accessed by authorized individuals or entities.

When should I use “Not for Distribution”?

The “Not for distribution” notice should be used when you have content that is meant to remain confidential and only accessible to a specific group of people. Common scenarios include:

  • Confidential Business Information: Documents containing trade secrets, proprietary information, or strategic plans.
  • Investor Information: Preliminary financial documents or presentations related to an upcoming investment opportunity.
  • Legal Documents: Draft contracts, pending litigation documents, or settlement negotiations.
  • Internal Communications: Company memos, internal reports, or strategy plans intended solely for internal stakeholders.

How do I write “Not for Distribution”?

Writing “Not for distribution” is straightforward and can be included in various parts of a document:

  1. Header/Footer: Place it prominently at the top or bottom of each page, ensuring visibility.

    NOT FOR DISTRIBUTION
    
  2. Cover Page: Include it on the cover page to serve as an immediate reminder of the document’s restricted nature.

    This document is confidential and not for distribution.
    
  3. Watermark: Use a watermark throughout the document pages, particularly if it’s digital, to reinforce confidentiality.

    CONFIDENTIAL – NOT FOR DISTRIBUTION
    

The phrasing can be adapted to suit your needs; however, clarity is crucial to prevent unauthorized sharing.

Which contracts typically contain “Not for Distribution”?

The “Not for distribution” clause or notice can be found in multiple contract types, usually to underline the confidentiality of the information shared. Typical contracts that might include this phrase are:

  • Non-Disclosure Agreements (NDAs): These contracts often explicitly mention materials marked as “not for distribution” to safeguard proprietary information.
  • Partnership Agreements: Where business partners want to ensure that shared data does not reach competitors or the public.
  • License Agreements: To control the dissemination of licensed material or intellectual property.
  • Employment Contracts: Especially in roles involving access to sensitive business information, where specific documents must not be shared externally.

Properly marking these materials helps to legally uphold confidentiality and mitigate risks of information leaks.

Analyze your contracts. Extract important clauses.

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