Non-Disclosure Agreement Mutual Confidentiality Agreement
1. Purpose This Non-Disclosure Agreement is entered into between the Disclosing Party and the Receiving Party identified below. The parties wish to explore a potential business relationship and, in connection with that, may share confidential information.
2. Definition of Confidential Information Confidential Information means any non-public information disclosed by either party, whether orally, in writing, or by inspection, including but not limited to business plans, financial data, customer lists, trade secrets, technical data, and proprietary information.
3. Obligations The Receiving Party agrees to hold all Confidential Information in strict confidence, use it only for the stated purpose, and not disclose it to any third party without prior written consent. The Receiving Party shall protect Confidential Information using the same degree of care it uses for its own confidential information.
4. Exceptions Confidential Information does not include information that: (a) is or becomes publicly available through no fault of the Receiving Party; (b) was known to the Receiving Party prior to disclosure; (c) is independently developed without use of Confidential Information; or (d) is required to be disclosed by law or court order.
5. Term This Agreement shall remain in effect for two (2) years from the date of execution. The confidentiality obligations shall survive termination for a period of three (3) years following the termination date.
Disclosing Party:
Receiving Party:
Purpose:
Effective Date:
Disclosing Party Signature Date
Receiving Party Signature Date
Generated by SignaTrust