Confidentiality Agreement
Confidentiality Agreement
Confidentiality Agreement
1. Confidential Information.
Owner proposes to disclose certain of its confidential and proprietary
information (the "Confidential Information") to Recipient. Confidential
Information shall include all data, materials, products, technology, computer
programs, specifications, manuals, business plans, software, marketing
plans, business plans, financial information, and other information disclosed
or submitted, orally, in writing, or by any other media, to Recipient by
Owner. Confidential Information disclosed orally shall be identified as such
within five (5) days of disclosure. Nothing herein shall require Owner to
disclose any of its information.
2. Recipient's Obligations.
3. Term.
The obligations of Recipient herein shall be effective [Non-Disclosure Period]
from the date Owner last discloses any Confidential Information to Recipient
4. Other Information.
Recipient shall have no obligation under this Agreement with respect to
Confidential Information which is or becomes publicly available without
breach of this Agreement by Recipient; is rightfully received by Recipient
without obligations of confidentiality; or is developed by Recipient without
breach of this Agreement; provided, however, such Confidential Information
shall not be disclosed until thirty (30) days after written notice of intent to
disclose is given to Owner along with the asserted grounds for disclosure.
5. No License.
Nothing contained herein shall be construed as granting or conferring any
rights by license or otherwise in any Confidential Information. It is
understood and agreed that neither party solicits any change in the
organization, business practice, service or products of the other party, and
that the disclosure of Confidential Information shall not be construed as
evidencing any intent by a party to purchase any products or services of the
other party nor as an encouragement to expend funds in development or
research efforts. Confidential Information may pertain to prospective or
unannounced products. Recipient agrees not to use any Confidential
Information as a basis upon which to develop or have a third party develop a
competing or similar product.
6. No Publicity.
Recipient agrees not to disclose its participation in this undertaking, the
existence or terms and conditions of the Agreement, or the fact that
discussions are being held with Owner.
8. Final Agreement.
This Agreement terminates and supersedes all prior understandings or
9. No Assignment.
Recipient may not assign this Agreement or any interest herein without
Owner's express prior written consent.
10. Severability.
If any term of this Agreement is held by a court of competent jurisdiction to
be invalid or unenforceable, then this Agreement, including all of the
remaining terms, will remain in full force and effect as if such invalid or
unenforceable term had never been included.
11. Notices.
Any notice required by this Agreement or given in connection with it, shall be
in writing and shall be given to the appropriate party by personal delivery or
by certified mail, postage prepaid, or recognized overnight delivery services.
If to Owner:
Owner's Name/Address
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If to Recipient:
Recipient's Name/Address
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13. Headings.
Headings used in this Agreement are provided for convenience only and shall
not be used to construe meaning or intent.
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