This Non-Disclosure Agreement (the “Agreement”) is entered into between [Your Company Name] (the “Disclosing Party”) and the receiving party (“Receiving Party”) regarding the confidential information shared by the Disclosing Party related to the raincoat products.
- Definition of Confidential Information Confidential Information refers to any non-public, proprietary, or confidential information disclosed by the Disclosing Party to the Receiving Party, whether in writing, orally, or in any other form. This includes, but is not limited to, product designs, manufacturing processes, trade secrets, customer lists, marketing strategies, and any other information that is marked or identified as confidential.
- Obligations of the Receiving Party a. Non-Disclosure: The Receiving Party agrees to keep all Confidential Information received from the Disclosing Party strictly confidential. The Receiving Party shall not disclose, distribute, publish, or share the Confidential Information with any third party without the prior written consent of the Disclosing Party.
b. Limited Use: The Receiving Party shall use the Confidential Information solely for the purpose of evaluating, discussing, or engaging in business transactions related to the raincoat products. The Receiving Party shall not use the Confidential Information for any other purpose without the prior written consent of the Disclosing Party.
c. Protection of Confidential Information: The Receiving Party shall exercise reasonable care and take all necessary precautions to protect the Confidential Information from unauthorized disclosure, loss, or misuse. The Receiving Party shall restrict access to the Confidential Information to only those individuals who have a legitimate need to know and shall inform them of the confidential nature of the information.
d. Return of Confidential Information: Upon the Disclosing Party’s request or termination of this Agreement, the Receiving Party shall promptly return or destroy all copies of the Confidential Information and provide written certification of the same.
- Exceptions The obligations set forth in this Agreement shall not apply to any information that: a. Was already 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 the Confidential Information. d. Is rightfully obtained by the Receiving Party from a third party without any breach of confidentiality.
- Term and Termination This Agreement shall remain in effect for a period of [duration] from the effective date unless terminated earlier by mutual written agreement or by either party in the event of a material breach. The obligations of confidentiality shall survive the termination of this Agreement for a period of [duration].
- Governing Law and Jurisdiction This Agreement shall be governed by and construed in accordance with the laws of [jurisdiction]. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts in [jurisdiction].