Sample NDA Agreement

NDA Agreement Information Technology consortium members are committed to the confidentiality of the information provided by TK Group of 373 Barberry Rd North Haven, CT 06473. Non-Disclosure Agreement This AGREEMENT made on the day of (day) , (month) . (year) Section 1.01 1.0 (a) 1.1 The parties Scope of this Non-Disclosure Agreement This Non-Disclosure Agreement exists between the Disclosing Party: TK GROUP Of: 373 Barberry Rd North Haven, CT 06473 And the Receiving Party: (individual or company representative) Of: (individual or company’s address) (b) 1.2 Commencement date of the Non-Disclosure Agreement This Non-Disclosure Agreement commences on the date indicated at the top of this page. Page 1 of 5 (c) 1.3 The purpose of the Non-Disclosure Agreement This Non-Disclosure Agreement serves to protect confidential information and intellectual property developed for and owned by TK Group of 373 Barberry Rd, North Haven, CT 06473. Section 1.02 2.0 Property (a) 2.1 Confidential Information and Intellectual Definition of Confidential Information and Intellectual Property   Information about the affairs and activities of. Information about the business practices of, including but not limited to:    business processes development plans accounting strategic alliances Information about clients, client list, and client requirements. Databases and software programs developed by or for TK Group. Ideas and development plans for new products and services, including, but not limited to: Logic and process flowcharts, Diagrammatic representations of functionality and any other aspect of the product and/or service, Functional specifications. Screen layouts and mock-ups. Entity-relationship diagrams. Formal code and other programming/pseudo -code documents. Any other material that describes the ideas, function, operation, outcomes, of any products and services owned and / or currently being developed by TK Group.  Information and Intellectual Property (as described above) developed by students/contractors at the direction of TK Group. (b) 2.2 Form of Confidential Information and Intellectual Property Confidential Information and Intellectual Property may be:   Oral, written, electronic or other machine readable form; Translated from the original, modified, updated, or altered; Page 2 of 5  Originated or obtained by TK GROUP. Section 1.03 3.0 Section 1.04 Responsibilities to 3.1 You agree to the following conditions: 1. You acknowledge that information and intellectual property owned by or developed for TK Group is the exclusive property of TK Group. 2. You will not disclose or attempt to disclose any Confidential Information and / or Intellectual Property owned by TK Group. 3. You will not use or attempt to use any of the Confidential Information and / or Intellectual Property owned by TK Group for your own benefit or for the benefit of any other person or entity. 4. You will not make or take any copies of any of the Confidential Information and / or Intellectual Property owned by TK Group. 5. In consideration of the disclosure of Proprietary Information by the Disclosing Party (TK Group), the Receiving Party hereby agrees: (i) to hold the Proprietary Information in strict confidence and to take all reasonable precautions to protect such Proprietary Information (including, without limitation, all precautions the Receiving Party employs with respect to its own confidential materials), (ii) not to disclose any such Proprietary Information or any information derived there from to any third person, (iii) not to make any use whatsoever at any time of such Proprietary Information except to eval uate internally its relationship with the Disclosing Party, and (iv) not to copy or reverse engineer any such Proprietary Information. The Receiving Party shall procure that its employees, agents and sub contractors to whom Proprietary Information is discl osed or who have access to Proprietary Information sign a nondisclosure or similar agreement in content substantially similar to this Agreement 6. Immediately upon the written request by TK Group the Receiving Party will return all Proprietary Information and all documents or media containing any such Proprietary Information and any and all copies or extracts thereof, save that where such Proprietary Information is a form incapable of return or has been copied or transcribed into another document, it shall be destroyed or erased, as appropriate. 7. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights. If any part, term or provision of this Agreement is held to be illegal or unenforceable neither the validity, nor enforceability of the Page 3 of 5 remainder of this Agreement shall be affected. Neither Party shall assign or transfer all or any part of its rights under this Agreement without the consent of the other Party. This Agreem ent may not be amended for any other reason without the prior written agreement of both Parties. This Agreement constitutes the entire understanding between the Parties relating to the subject matter hereof unless any representation or warranty made about this Agreement was made fraudulently and, save as may be expressly referred to or referenced herein, supersedes all prior representations, writings, negotiations or understandings with respect hereto. 8. This Agreement shall be governed by the laws of the ju risdiction in which the Disclosing Party (TK Group) is located (or if the Disclosing Party is based in more than one country, the country in which its headquarters are located) (the "Territory") and the parties agree to submit disputes arising out of or in connection with this Agreement to the non-exclusive of the courts in the Territory. 9. Without granting any right or license, the Disclosing Party agrees that the foregoing shall not apply with respect to any information that the Receiving Party can document (i) is or becomes (through no improper action or inaction by the Receiving Party or any affiliate, agent, consultant or employee) generally available to the public, or (ii) was in its possession or known by it prior to receipt from the Disclosing Party as evidenced in writing, except to the extent that such information was unlawfully appropriated, or (iii) was rightfully disclosed to it by a third party, or (iv) was independently developed without use of any Proprietary Information of the Disclosing Party ." 10. You continue to be bound by conditions 1 thr ough to 10 (inclusively) until released in writing by TK Group. Page 4 of 5 (a) EXECUTION Executed as an Agreement on__________________, Elance Inc. (DATE) SIGNED BY: (individual or company representative - signature) (Individual or company representative’s name – in print) [Disclosing Party] [Receiving Party] By: _________________________________ By: _________________________________ Name: ______________________________ Name: ______________________________ Title: _______________________________ Title: _______________________________ Address: ____________________________ Address: ____________________________ Date: _______________________________ Date: _______________________________ Page 5 of 5

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