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Non-disclosure agreement center doc

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Basic non-disclosure agreement

NON DISCLOSURE AGREEMENT This mutual nondisclosure agreement (the “Agreement”) is made between (“Company A”), and with offices at (“Company B”), and will be effective as of, (the “Effective Date”). In connection with discussions regarding potential business transactions between the parties may each disclose confidential information to the other. In order to protect the confidential nature of such information, the parties agree as follows: 1. Definition of Confidential Information: As used in this Agreement, “Confidential Information” means any nonpublic information of a party, in oral, written, graphic or machine-readable form, including without limitation that which relates to patents, patent applications, research, product plans, products, inventions, processes, designs, algorithms, source code, programs, business plans, agreements with third parties, services, customers, marketing, finances or information gained by a party as a result of its discussions with the other party’s personnel or business relationships, which is designated as confidential or proprietary by the disclosing party at the time of disclosure, or which considering all the circumstances surrounding the disclosure, ought reasonably to be understood by the receiving party to be confidential. 2. Acknowledgment of Confidentiality: Company acknowledges that they may be exposed to confidential and proprietary information of Company A. a. Confidential Information does not include (i) information already known by Company, (ii) information in the public domain through no wrongful act of Company, or (iii) information received by Company from a third party who was free to disclose it. 3. Covenant Not to Disclose: Company agrees not to use, commercialize, or disclose any Confidential Information to any person or entity except as Company A approves in writing. Company agrees to use at least the same degree of care in safeguarding the Confidential Information as it uses in safeguarding their own confidential information. 4. Term of Obligations: This Agreement will continue for a period terminating on the date which is three (3) years from the date of the last disclosure of Confidential Information pursuant to this Agreement. Company A: Authorized Signature: _____________________ Title: _____________________ Date: ________________ Company B: Authorized Signature: ___________________ Title: _____________________ Date: ________________
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1956
346
7(3)
0
2/6/2008
English
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