Sales Product Update NDA
This Non-Disclosure Agreement ("Agreement") is entered into as of [Month, Day, Year], by and between [Your Company Name], hereinafter referred to as the "Disclosing Party," and [Representative's Name], Sales Representative at [Partner Company Name], hereinafter referred to as the "Receiving Party."
I. Purpose:
The Disclosing Party desires to disclose to the Receiving Party certain confidential information regarding updates to its sales products (the "Product Updates"). The Receiving Party agrees to receive and maintain the confidentiality of such information per the terms and conditions of this Agreement.
II. Confidential Information:
For this Agreement, "Confidential Information" shall mean any information, whether oral, written, or in any other form, the Disclosing Party will disclose to [Representative's Name] and is not generally known to the public.
III. Product Name:
They will disclose all the confidential information under this Agreement including details related to the upcoming sales product, code-named "[Product Code Name]"
IV. Key Features:
V. Obligations of the Receiving Party:
The Receiving Party, in their capacity as Sales Representative at [Partner Company Name], agrees to maintain the confidentiality of the Confidential Information and to use the Confidential Information solely to evaluate the Product Updates.
The Receiving Party shall not disclose, reproduce, or use the Confidential Information for any purpose other than as expressly authorized by this Agreement, and shall take all reasonable precautions to prevent unauthorized disclosure or use of the Confidential Information.
VI. Duration:
The obligations of confidentiality shall survive for 1 year from the date of disclosure of the Confidential Information.
VII. Return or Destruction of Confidential Information:
Upon the Disclosing Party's written request, or the termination of the business relationship between the parties, [Representative's Name] shall promptly return or, at the Disclosing Party's option, destroy all copies of the Confidential Information in her possession.
VIII. Governing Law:
This Agreement shall be governed by and construed per the laws of the [Jurisdiction] , without regard to its conflict of law principles.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the Effective Date first above written.
[Your Company Name]
By: [Your Name]
[Your Job Title]
[Partner Company Name]
By: [Representative's Name]
Sales Representative
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