NON-DISCLOSURE AGREEMENT
THIS NON-DISCLOSURE AGREEMENT (this "Agreement") is ready-made and entered into as of [date] concerning [Your Company identify] having its lodge of commercial at [ address] ("Company") and [company 2], having its slot of company at [Address]
Purpose:Company and [company 2] wish to explore a company opportunity of shared go and in connection with this chance wishes to execute this Non Disclosure Agreement ("Agreement").
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1. Confidential Information: Confidential rumour vehicle any numbers unveiled to by one delegation to the other, any straight or indirectly in writing, in words or by enquiry of tactual or intangible objects, as well as minus reduction documents, company plans, cause code, software, documentation, business enterprise analysis, commerce plans, buyer names, buyer list, punter collection. Confidential Information may as well include gen unveiled to a organization by ordinal parties at the route of a Disclosing Party. Confidential Information shall not, however, list any numbers which the Receiving shindig can open up (i) was in public illustrious and made roughly on tap in the open7 area preceding to the event of disclosure; (ii) becomes publicly renowned and ready-made commonly going spare after revealing through no bustle or inaction of Receiving Party; or (iii) is in the rights of Receiving Party, short mystery restrictions, at the clip of revelation by the Disclosing Party as shown by Receiving Party's files and documentation urgently preceding to the case of speech act. The celebration revealing the Confidential Information shall be referred to as "Disclosing Party" in the Agreement and the party unloading the Confidential Information shall be referred to as "Receiving Party" in the Agreement.
2. Non-use and Non-disclosure: The Receiving Party agrees not to use any Confidential Information for any task object to contrast and prosecute in negotiations as regards a approaching company relationship linking the parties hereto. Receiving Party agrees not to share a confidence any Confidential Information to tertiary parties or to its employees, object to those body who are sought to have the numbers in lay down to judge or act in negotiations re the contemplated business organization affiliation. The Receiving Party shall not backward engineer, destroy or decompile any prototypes, software system or opposite perceptible objects which substantiate the Disclosing Party's Confidential Information and which are provided to the Receiving Party hereafter.
3. Maintenance of Confidentiality Information: The Receiving Party agrees that it shall appropriate all passable measures to treasure the anonymity of and shun disclosure and unauthorized use of the Confidential Information. Without constrictive the foregoing, Receiving Party shall lift at least those measures that Receiving Party takes to guard its own most significantly classified information and shall have its employees, if any, who have access to Confidential Information gesture a non-use and non-disclosure understanding in pleased substantially confusable to the materials hereof, preceding to any revealing of Confidential Information to such as workers. The Receiving Party shall not clear any copies of Confidential Information unless the very are before passed in caption by the Disclosing Party. The Receiving Party shall reproduce the Disclosing Party's trademarked rights notices on any such accepted copies, in the selfsame deportment in which such as notices were set off in or on the original. The Receiving Party shall now advise the Disclosing Party in the event of any unofficial use or speech act of the Confidential Information.
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4. No Obligation: Nothing herein shall obligate any political party to continue near any transaction relating them, and all shindig military unit the right, in its irreplaceable discretion, to cancel the consideration contemplated by this Agreement in relation to the commercial opportunity.
5. No Warranty: ALL CONFIDENTIAL INFORMATION IS PROVIDED "AS IS". NEITHER PARTY MAKES ANY WARRANTIES, EXPRESS, IMPLIED OR OTHERWISE, REGARDING ITS ACCURACY, COMPLETENESS OR PERFORMANCE.
6. Return of Materials: All documents and separate palpable objects containing or representing Confidential Information and all copies thence which are in the ownership of Receiving Party shall be and stay the property of the Disclosing Party and shall be in good time returned to the Disclosing Party upon the Disclosing Party's request.
7. No License: Nothing in this Agreement is intended to forfeit any rights to any shindig nether any patent, masquerade tough grind appropriate or document of Company, nor shall this Agreement compromise Receiving Party any rights in or to Confidential Information apart from as with specific intentions set off herein.
8. Term: This Agreement shall last for a period of 3 time of life from the mean solar day of revealing of the Confidential Information.
9. Remedies: The Receiving Party agrees that any misdemeanor or vulnerable contravention of this Agreement will grounds irreparable unhealthiness to the Disclosing Party, entitling the Disclosing Party to get hold of injunctive alleviation in increase to all legal remedies.
10. Miscellaneous:This Agreement shall strap and inure to the payment of the parties hereto and their successors and assigns. This Agreement shall be people by the sacred text of [name of your state, bucolic], short hint to group action of religious writing ideals. This written material contains the complete understanding concerning the parties beside regard to the question event hereof. Any disaster to oblige any proviso of this Agreement shall not constitute a relinquishing thence or of any remaining administration hereof. This Agreement may not be amended, nor any constraint waived, demur by a authorship signed by both parties hereto. Any and all disputes arising low or correlate to this Agreement shall be adjudicated solely in [name of your state, pastoral]. The parties have dead this Nondisclosure Agreement as of the twenty-four hours introductory above typewritten.
Your Company Name. [Company 2] By: ___________________ By: Name: ________________ Name: Title: _________________ Title: Date: _________________ Date:
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