Mutual Non-Disclosure Agreement
This Mutual Non-Disclosure Agreement (the “Agreement”) is entered into as of Date signed — Party A by and between the parties identified in the signature blocks below (each a “Party”).
1. Confidential Information
“Confidential Information” means any non-public information disclosed by one Party to the other, whether orally, in writing, or by inspection of tangible objects, that is designated as confidential or that reasonably should be understood to be confidential given its nature and the circumstances of disclosure.
2. Obligations
Each Party receiving Confidential Information agrees to:
Hold the Confidential Information in strict confidence and take reasonable precautions to protect it.
Not disclose it to any third party without the prior written consent of the disclosing Party.
Use it solely for the purpose of evaluating or carrying out the business relationship between the Parties.
3. Exclusions
Confidential Information does not include information that is or becomes publicly known through no fault of the receiving Party, was rightfully known before disclosure, is rightfully received from a third party without restriction, or is independently developed without use of the Confidential Information.
4. Term
The obligations in this Agreement survive for three (3) years from the Effective Date. Obligations with respect to trade secrets continue for as long as the information remains a trade secret under applicable law.
5. Governing Law
This Agreement is governed by the laws of the jurisdiction in which the disclosing Party maintains its principal place of business, without regard to conflict of law principles.
Signatures
By signing below, each Party acknowledges that it has read and agrees to be bound by this Agreement.
Party A
Signature: Signature — Party A
Name: Full name — Party A
Date: Date signed — Party A
Party B
Signature: Signature — Party B
Name: Full name — Party B
Date: Date signed — Party B