Sales Client-specific NDA (Non-Disclosure Agreement)
On the [Day] day of [Month Year], this Non-Disclosure Agreement ("NDA") becomes effective, establishing a confidential relationship between the following parties: the “Disclosing Party,” [Your Company Name], located at [Your Company Address], with email contact at [Your Email] and a phone number at [Your Phone Number]; and the “Receiving Party,” [Receiving Party’s Name]., situated at [Receiving Party’s Address], with email contact at [Receiving Party’s Email] and a phone number at [Receiving Party’s Phone]. These entities are hereafter collectively referred to as the "Parties."
WHEREAS, the Disclosing Party possesses certain confidential and proprietary information ("Confidential Information") that is valuable to its business, and the Receiving Party wishes to have access to such Confidential Information for the purpose of evaluating a potential business collaboration.
NOW, THEREFORE, in consideration of the premises and covenants contained herein, the Parties agree as follows:
1. Definition of Confidential Information
The term "Confidential Information" shall refer to any information, data, documents, or materials, in any form (oral, written, electronic, or otherwise), disclosed by the Disclosing Party to the Receiving Party, that is marked as confidential or is reasonably understood to be confidential based on the circumstances of disclosure.
2. Obligations of the Receiving Party
2.1 Non-Disclosure:
The Receiving Party shall not, at any time during or after the term of this Agreement, disclose, divulge, or disseminate the Confidential Information to any third party without the prior written consent of the Disclosing Party.
2.2 Use of Confidential Information:
The Receiving Party shall use the Confidential Information solely for the purpose stated in the recitals of this Agreement and shall take all necessary measures to protect the confidentiality of such information.
2.3 Protection:
The Receiving Party shall exercise reasonable care and employ all necessary safeguards to prevent the unauthorized access, use, or disclosure of the Confidential Information.
2.4 Limitation on Disclosure:
The Receiving Party may only disclose the Confidential Information to its employees, agents, or representatives who have a need to know the information for the stated purpose and who are bound by confidentiality obligations no less restrictive than those contained in this Agreement.
3. Term and Termination
This Agreement shall commence on the Effective Date and shall remain in effect for a period of [0] years from the Effective Date, unless terminated earlier by the Parties in writing.
4. Return or Destruction of Confidential Information
Upon the written request of the Disclosing Party or upon termination of this Agreement, the Receiving Party shall promptly return or destroy all Confidential Information, including any copies or reproductions thereof, and shall provide written certification of such return or destruction to the Disclosing Party.
5. Remedies for Breach
5.1 Injunctive Relief:
In the event of a breach or threatened breach of this Agreement, the Parties acknowledge that the Disclosing Party may suffer irreparable harm, and as such, the Disclosing Party shall be entitled to seek injunctive relief, in addition to any other remedies available at law or in equity.
5.2 Damages:
The Receiving Party shall be liable for damages, including but not limited to legal fees and court costs, resulting from any unauthorized disclosure or use of the Confidential Information.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of [choose the appropriate state] without regard to its conflicts of law principles.
7. Entire Agreement
This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, and representations, whether oral or written.
IN WITNESS WHEREOF, the Parties hereto have executed this Client-Specific Non-Disclosure Agreement as of the Effective Date.
DISCLOSING PARTY
[Your Name]
[Your Title]
[Month Day, Year]
RECEIVING PARTY
[Receiving Party’s Representative’s Name]
[Receiving Party’s Representative’s Title]
[Month Day, Year]
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