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Agreement-Joint_Venture_Partners_Confidentiality

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This document should be used when your Small Business may
enter into a joint marketing or development agreement with
another company and confidentiality is a concern.                             This
agreement is not demanding upon the recipient and may be
customized/ strengthened via legal counsel or contact.


The following text of this document should be reviewed and
edited to fit your purposes.


[Find, then fill-in, or delete text in brackets like this: “[NNN]”


If there are dates in this document, they will automatically change to today’s date.


For additional assistance mailto:LegalHelp@TheSmallBusinessOwnersManual.com or
call 888/872-6601)


Otherwise the following text should be reviewed and edited as needed:
[COMPANY LETTERHEAD]

                  Owner Restrictive Disclosure Agreement
      RECIPROCAL CONFIDENTIALITY AGREEMENT (MULTI-PURPOSE)


Date: August 20, 2012


Authorized Recipient:
[NAME AND ADDRESS]


Purpose for disclosure (hereinafter "Purpose"):
[PURPOSE], e.g, “Evaluation of technology or equipment. Description of technology or
equipment:”

Note: All materials and devices furnished by Company in connection with any evaluation
are on temporary loan and must be returned on completion of the evaluation.

Note: Except as provided herein, contractual proposals are preliminary and are not
binding until jointly approved and executed.

Joint business opportunity.
[JOINT OPPORTUNITY DESCRIPTION]

Note: Except as otherwise provided herein, each party shall (1) be responsible for its own
expenses and personnel, (2) remain free to act independently in all other matters, and (3)
have unrestricted rights in jointly developed market or customer data.

Indicate confidential information, if any, to be provided by Company to Recipient:
1.      [ENTER INFORMATION TO BE GIVEN TO RECIPIENT, FOR EXAMPLE]:
2.      Identification of End-User needs
3.      Internal financial information
4.      Other:

Indicate Confidential Information, if any, to be provided by Recipient to Company:
1.      [ENTER INFORMATION TO BE GIVEN TO COMPANY, FOR EXAMPLE]:
2.      Identification of End-User needs
3.      Internal financial information
4.      Other:

1.     Recipient agrees to protect in strict confidence, and agrees not to use or disclose
       except for the Purpose, all Confidential Information of Company. Confidential
     Information of Company shall mean all nonpublic technical and business
     information pertaining to the disclosure(s) described above. In all events,
     Confidential Information shall include nonpublic inventions, discoveries, and
     improvements provided or developed by Company.

2.   If and to the extent it is indicated above that Recipient will provide Confidential
     Information of its own to Company, Company agrees to protect in strict
     confidence, and agrees not to use or disclose except for the Purpose, all such
     Confidential Information of Recipient. Confidential Information of Recipient
     shall mean all nonpublic technical and business information indicated herein to be
     confidential by Recipient.

3.   Each party shall take such additional steps as may be necessary to identify any
     Confidential Information required to be protected hereunder by the other party.

4.   Each party shall refrain from disclosing the other party's Confidential Information
     except to employees who have a need to know such Confidential Information for
     the Purpose and are obligated to use and disclose such Confidential Information
     only for such purpose. No disclosure to or use by any other person or entity,
     including agents, subcontractors, or sublicensees, is permitted without the other
     party's prior written consent.

5.   Each party shall segregate and store securely all materials and devices that contain
     or evidence Confidential Information required to be protected hereunder by that
     party.

6.   No photograph, copy, or facsimile of any materials or devices that contain or
     evidence Confidential Information required to be protected hereunder by a party
     may be made without the other party's prior written consent.

7.   The foregoing notwithstanding, neither party shall be obligated to protect or
     restrict the use or disclosure of any information generally available to the public,
     independently developed by such party without reliance on Confidential
     Information of the other party, obtained from a third party who is under no
     restriction with respect to the use and disclosure of such information, or approved
     for unrestricted release by the other party in writing. In addition, either party may
     use and disclose Confidential Information of the other party where required by
     law, provided that it shall first notify the other party of such requirement and
     cooperate with respect to any reasonable steps available for the further protection
     of such Confidential Information.

8.   No title or interest in or to any Confidential Information is granted hereunder.

9.   Unless otherwise agreed, Company shall have sole ownership of all inventions,
     discoveries, and improvements and all works of authorship resulting in whole or
     in part from its efforts, including all associated intellectual property rights.
      Recipient shall cooperate with Company and execute, or cause its personnel to
      execute, such further acknowledgments and instruments as may be necessary to
      establish such ownership.

10.   This Agreement shall terminate (a) upon completion of the Purpose or (b) upon
      written request of either party, whichever is earlier. Upon termination of this
      Agreement, each party shall return to the other party all materials and devices,
      including copies thereof, that contain or evidence Confidential Information
      required to be protected hereunder by that party. Following the termination of this
      Agreement and the proper return of such materials and devices, the confidentiality
      obligations set forth hereunder shall continue in effect for a period of two (2)
      years, except that the confidentiality obligations with respect to any technical
      information that constitutes a trade secret shall continue in effect for so long as
      the information remains a trade secret, and the provisions hereof regarding
      ownership shall continue in effect for so long as necessary to give full effect
      thereto.

11.   Each party agrees that, in the event of any breach of any provision hereof, the
      aggrieved party will not have an adequate remedy in money or damages. Each
      party therefore agrees that, in such event, the aggrieved party shall be entitled to
      obtain injunctive relief against such breach in any court of competent jurisdiction,
      without the necessity of posting a bond even if otherwise normally required. Such
      injunctive relief will in no way limit the aggrieved party's right to obtain other
      remedies available under applicable law.

12.   This Agreement shall be binding upon and shall inure to the benefit of the parties
      hereto, their successors and assigns, except that no assignment of any rights in
      confidential Information required to be protected hereunder by a party may be
      made by such party without the prior written consent of the party who benefits
      from such provision. The waiver of any provision in any instance shall not be
      construed as a waiver in all other instances. This Agreement shall be governed by
      the laws of [STATE].

13.   Each party represents and warrants that it has the right to disclose any information
      provided to the other party in furtherance of the Purpose, without violating any
      agreement with or right of any other person or company. Confidential Information
      disclosed by a party hereunder may include Confidential Information of a third
      party, provided that the third party has authorized such disclosure, and in such
      event this Agreement shall apply equally to such Confidential Information and
      shall inure to the benefit of such third party.

14.   Where appropriate to give effect to the Purpose, references to the Company or
      Recipient may include affiliates and subsidiaries, provided that they are bound by
      the obligations set forth herein.
IN WITNESS WHEREOF, THE PARTIES HERETO, INTENDING TO BE LEGALLY
BOUND, HAVE CAUSED THEIR AUTHORIZED REPRESENTATIVES TO
EXECUTE AND DELIVER THIS AGREEMENT:

For :Company                            For :Recipient:




(Please sign above and print name and   (Please sign above and print name and
title here)                             title here)
Date: August 20, 2012                   Date: August 20, 2012

				
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