Finance Payment Terms NDA
This Finance Payment Terms Non-Disclosure Agreement (hereinafter referred to as the "Agreement") is made and entered into on [Month Day, Year], by and between [Your Company Name], hereinafter referred to as the "Disclosing Party," with its principal place of business at [Your Company Address], and [Your Partner Company Name / Second Party], hereinafter referred to as the "Receiving Party," with its principal place of business at [Your Partner Company Name / Second Party Address]. This Agreement stipulates the confidentiality obligations associated with the disclosure of payment terms and related financial information.
I. Definition of Confidential Information
For this Agreement, "Confidential Information" shall include all data, materials, and information related to the Disclosing Party’s payment terms, financial arrangements, pricing strategies, and other financial details that are not publicly known and are disclosed to the Receiving Party.
II. Obligations of the Receiving Party
The Receiving Party agrees to:
Maintain the confidentiality of the Confidential Information.
Not use the Confidential Information for any purpose other than as agreed upon by both parties.
Limit the disclosure of the Confidential Information to its employees or agents who have a need to know such information and who are bound by confidentiality obligations.
III. Exclusions from Confidential Information
The obligations of the Receiving Party under this Agreement shall not apply to information that:
Is or becomes publicly known through no fault of the Receiving Party.
Is received from a third party without a breach of any obligation of confidentiality.
Is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information.
IV. Term and Termination
This Agreement shall be effective as of the date first above written and shall continue in effect until [specify period] after the termination of any business relationship between the parties unless otherwise terminated by mutual agreement of both parties.
V. Return or Destruction of Confidential Information
Upon termination of this Agreement, or upon the Disclosing Party’s written request, the Receiving Party shall promptly return or destroy all copies of the Confidential Information in its possession.
VI. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the state or jurisdiction in which the Disclosing Party is located, without regard to its conflict of law principles.
IN WITNESS WHEREOF, the parties have executed this Finance Payment Terms Non-Disclosure Agreement as of the date first above written.
[Your Company Name]:
[Your Name]
[Your Job Title]
[Month Day, Year]
[Your Partner Company Name / Second Party]:
[Name]
[Job Title]
[Month Day, Year]
Describe to generate with AI in seconds
