Free Shipping Company Non-Disclosure Agreement

This Non-Disclosure Agreement ("Agreement") is made and entered into as of the effective date of [Date], by and between:

[Your Company Name]
[Your Company Address]
[Your Company Email]
[Your Company Number]

(Hereinafter referred to as "Disclosing Party")

and

[Receiving Party Name]
[Receiving Party Address]
[Receiving Party Email]
[Receiving Party Number]

(Hereinafter referred to as "Receiving Party")

Both parties may hereinafter be referred to individually as a "Party" or collectively as the "Parties."

1. Introduction

1.1 Purpose

The purpose of this Agreement is to set forth the terms and conditions under which the Disclosing Party agrees to share certain confidential and proprietary information ("Confidential Information") with the Receiving Party. The Receiving Party acknowledges and agrees to treat the Confidential Information with the highest degree of confidentiality, and to use it only for the purpose as defined herein. The Confidential Information shared may include, but is not limited to, financial data, technical specifications, trade secrets, operational methods, shipping strategies, and customer information.

1.2 Duration of Agreement

This Agreement shall commence on the effective date and shall remain in effect until either Party terminates the Agreement with [30] days written notice to the other Party. However, any Confidential Information disclosed prior to the termination of the Agreement will remain subject to the confidentiality obligations as outlined hereinafter.

1.3 Legal Binding

The Parties agree that this Agreement is legally binding and enforceable. Any violation of the terms of this Agreement may result in legal action, including but not limited to claims for damages, injunctive relief, or both.

2. Definitions

2.1 Confidential Information

For the purposes of this Agreement, "Confidential Information" shall include, but is not limited to, the following types of information:

• Technical Data: Shipping systems, process designs, software, operational protocols, transportation algorithms, and other trade secrets.

• Business Data: Financial records, profit margins, client relationships, business strategies, and pricing information.

• Intellectual Property: Patents, trademarks, service marks, copyrights, and other proprietary rights that may be disclosed during the term of this Agreement.

• Customer Data: Details of customers, delivery specifications, contract terms, payment history, and other private information shared by clients.

• Other: Any other information disclosed in written, electronic, or oral form that the Disclosing Party deems confidential.

2.2 Exclusions from Confidential Information

The term "Confidential Information" does not include information that:

• Was already publicly available at the time of disclosure or becomes publicly available through no fault of the Receiving Party.

• Was disclosed to the Receiving Party by a third party without breach of this Agreement.

• Was already in the Receiving Party’s possession without restriction on use or disclosure prior to receiving such information from the Disclosing Party.

• Is required to be disclosed by law, regulation, or court order, provided the Receiving Party provides the Disclosing Party with prior written notice and assistance in obtaining a protective order.

3. Obligations of the Receiving Party

3.1 Non-Disclosure and Non-Use

The Receiving Party agrees:

• To keep all Confidential Information strictly confidential and refrain from disclosing it to any third party without the prior written consent of the Disclosing Party.

• To use the Confidential Information solely for the purpose for which it was disclosed, including evaluating the potential for future business collaboration, operational planning, or other agreed purposes.

• To restrict access to the Confidential Information only to those employees or agents who need to know such information to carry out the agreed purposes, and ensure that those individuals are bound by similar confidentiality obligations.

3.2 Protection of Confidential Information

The Receiving Party shall take all reasonable steps to safeguard the Confidential Information from unauthorized access, disclosure, or use, including, but not limited to:

• Implementing appropriate security protocols, including encryption and access control measures for digital information.

• Using physical security measures to protect any hard copies or other tangible forms of Confidential Information.

• Notifying the Disclosing Party promptly in the event of any actual or suspected unauthorized disclosure or misuse of Confidential Information.

4. Term and Termination

4.1 Term of Confidentiality

The confidentiality obligations under this Agreement shall remain in effect for a period of [5] years after the termination or expiration of this Agreement, regardless of the reason for termination. However, the Receiving Party's obligation to keep the Confidential Information confidential shall continue until the Confidential Information no longer qualifies as confidential due to any of the exclusions described in Section 2.2.

4.2 Return of Confidential Information

Upon termination or expiration of this Agreement, the Receiving Party agrees to promptly return or destroy all Confidential Information, including any copies, notes, or summaries derived from the Confidential Information. The Receiving Party must certify in writing that all Confidential Information has been returned or destroyed.

5. Exclusion of Warranties

5.1 No Warranty

The Disclosing Party makes no representation or warranty, express or implied, regarding the accuracy, completeness, or usefulness of the Confidential Information. The Disclosing Party specifically disclaims any warranty that the Confidential Information is free from errors or defects.

5.2 Limitation of Liability

The Disclosing Party will not be liable for any damages resulting from the use of the Confidential Information, including indirect, incidental, or consequential damages.

6. Governing Law

6.1 Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflicts of law principles. Any disputes arising from this Agreement shall be resolved through binding arbitration in accordance with the rules of the Arbitration Institution.

7. Miscellaneous

7.1 Entire Agreement

This Agreement constitutes the entire understanding between the Parties with respect to the subject matter herein and supersedes all prior and contemporaneous agreements, representations, and understandings, whether written or oral, regarding the Confidential Information.

7.2 Amendments

Any amendments or modifications to this Agreement must be in writing and signed by authorized representatives of both Parties.

7.3 Severability

If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

8. Signatures

By signing below, the Parties acknowledge and agree to all terms and conditions set forth in this Non-Disclosure Agreement.

8.1 [Your Company Name] - Disclosing Party

Name:                                                             
Title:                              
Date:                              

8.2 Receiving Party

Name:                                                             
Title:                              
Date:                              

Shipping Company Templates @ Template.net