Looking for NDA template, searcher -> investors

This is what ChatGPT suggested and it comparable to a standard NDA I have seen

NON-DISCLOSURE AGREEMENT (NDA) THIS AGREEMENT is entered into on this _____ day of ___________, 20 (“Effective Date”) by and between: Disclosing Party: Name: ___________________________________________________ Address: _________________________________________________ City/State/Zip: ___________________________________________ Receiving Party: Name: ___________________________________________________ Address: _________________________________________________ City/State/Zip: ___________________________________________ Hereinafter referred to collectively as the "Parties." RECITALS WHEREAS, Disclosing Party is engaged in the process of exploring a potential Merger and Acquisition (M&A) transaction (“Transaction”), and; WHEREAS, in connection with the discussions regarding the Transaction, Disclosing Party may disclose certain confidential and proprietary information to Receiving Party. NOW, THEREFORE, in consideration of the mutual covenants contained herein, it is hereby agreed as follows: DEFINITION OF CONFIDENTIAL INFORMATION For the purposes of this Agreement, "Confidential Information" refers to any data or information, oral or written, disclosed by Disclosing Party to Receiving Party. OBLIGATIONS OF RECEIVING PARTY a) Receiving Party agrees to restrict disclosure of Confidential Information to employees, agents, potential financiers, customers, investors, or third parties as necessary and only for the disclosed purpose. b) Receiving Party agrees to take all necessary steps to protect the confidentiality of the Confidential Information and prevent any misuse thereof. c) ... DURATION OF CONFIDENTIALITY OBLIGATION The Receiving Party’s duty to maintain the confidentiality of the Confidential Information remains in effect for a period of ______ years following the date of disclosure. RETURN OR DESTRUCTION OF CONFIDENTIAL INFORMATION Upon termination of this Agreement, or upon Disclosing Party's written request, Receiving Party shall promptly return or destroy all copies of the Confidential Information. GOVERNING LAW This Agreement shall be governed by the laws of the state of ______________. MISCELLANEOUS a) Amendments must be in writing and executed by both Parties. b) ... IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date. Disclosing Party: By: ________________________ Date: _______________ Name: ______________________ Title: _______________ Receiving Party: By: ________________________ Date: _______________ Name: ______________________ Title: _______________