Non-Disclosure Agreement
This Non-Disclosure Agreement ("Agreement") is entered into as of {{right_now.middle_endian_date}}, by and between {{ custom_values.company_name }} LLC ("Disclosing Party"), and {{contact.name}} ("Receiving Party").
Definition of Confidential Information:
For the purpose of this Agreement, "Confidential Information" refers to any information, data, or materials, whether oral, written, or in any other form, that is disclosed by the Disclosing Party to the Receiving Party and is not generally known to the public.
Obligations of the Receiving Party:
The Receiving Party agrees to:
a. Confidentiality: Maintain the confidentiality of the Confidential Information and to take all reasonable precautions to prevent unauthorized disclosure.
b. Use: Use the Confidential Information solely for the purpose of evaluating and engaging in discussions concerning a potential business relationship between the parties.
c. Limit Access: Restrict access to the Confidential Information to employees, contractors, or agents with a legitimate need to know and ensure they are bound by confidentiality obligations.
Exceptions:
The obligations of confidentiality shall not apply to information that:
a. Was known to the Receiving Party prior to its disclosure by the Disclosing Party.
b. Is or becomes publicly available through no fault of the Receiving Party.
c. Is independently developed by the Receiving Party without reference to or reliance upon the Confidential Information.
Return or Destruction of Confidential Information:
Upon the Disclosing Party's written request or the termination of discussions between the parties, the Receiving Party shall promptly return or, at the Disclosing Party's option, destroy all copies of the Confidential Information.
Legal Actions:
The Receiving Party acknowledges that any unauthorized use or disclosure of the Confidential Information may cause irreparable harm to the Disclosing Party. In the event of a breach or threatened breach of this Agreement, the Disclosing Party shall be entitled to seek injunctive relief, in addition to any other remedies available at law or in equity.
Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of [Company Jurisdiction].
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the date first above written.