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Business Plan Confidentiality and Nondisclosure Agreement
Date:
Details of the PROVIDER:
Name: Address: Contact Number: Business details:
Details of the RECIPIENT:
Name: Address: Contact number:
Both the parties hereby agree to the following:
This Business Plan Confidentiality and Nondisclosure Agreement is made effective the [Date] by and between the Provider and Recipient (collectively referred to herein as the “Parties”).
1. Confidential Information.
Provider proposes to disclose certain of its confidential and proprietary information (the "Confidential Information") to Recipient. Confidential Information shall include all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, business plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media, to Recipient by Provider. Confidential Information disclosed orally shall be identified as such within five (5) days of disclosure. Nothing herein shall require Provider to disclose any of its information.
2. Recipient’s Obligations.
A. Recipient agrees that the Confidential Information is to be considered confidential and proprietary to Provider and Recipient shall hold the same in confidence, shall not use the Confidential Information other than for the purposes of its business with Provider, and shall disclose it only to its officers, directors, or employees with a specific need to know. Recipient will not disclose, publish or otherwise reveal any of the Confidential Information received from Provider to any other party whatsoever except with the specific prior written authorization of Provider.
B. Confidential Information furnished in tangible form shall not be duplicated by Recipient except for purposes of this Agreement. Upon the request of Provider, Recipient shall
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Consultant Non-Disclosure Agreement
This Consultant Non-Disclosure Agreement (this “Agreement”) is entered into as of the Effective Date by and between Consultant and Company as set forth below.
Effective Date: [Date]
[Consultant Name] (the “Consultant”), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [Country], with its head office located at:
[Complete Address]
[Company Name] (the “Company”), a company organized and existing under the laws of the [State/Province] of [Country], with its head office located at:
[Complete Address]
Recitals:
In connection with certain business discussions involving the Consultant and Company (the “Discussions”), the Consultant and Company recognize the need for Company to provide Confidential Information (as defined below) to the Consultant. In consideration of the opportunity to receive Confidential Information, the Consultant agrees as follows:
Definitions:
1. For purposes of this Agreement, “Confidential Information” means any information, including but not limited to, programs, devices, methods, techniques and processes, financial information and data, information about employees, business plans, business strategies, marketing plans, customer lists, price lists, cost information, science, formulas, patterns, compilations, descriptions of inventions, process descriptions, descriptions of technical know-how, information and descriptions of new products and new product development, scientific and technical specifications and documentation, and pending or abandoned patent applications of a party, now known or in possession of, or hereafter learned or acquired, that derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by other persons who can obtain economic value from its disclosure or use. Confidential information may be written or oral, expressed in electronic media or otherwise disclosed, and may be tangible or intangible. Confidential Information shall include all information furnished by or on behalf of Company to the Consultant, whether furnished before or after the date of this Agreement and regardless of the manner in which it is furnished, and all analyses, compilations, copies, summaries, studies or other documents or records prepared by the Consultant to the extent such analyses, compilations, studies, documents or records contain, otherwise reflect, or are generated from, such information.
The term “Confidential Information” does not include information which:
(i) is or becomes generally available to the public other than as a result of the breach of this Agreement by the Consultant;
(ii) is or has been independently acquired or developed by the Consultant without violating any of the Consultant’s obligations under this Agreement;
(iii) was within the Consultant’s possession prior to it being furnished to the Consultant by or on behalf of Company; or
(iv) is received from a source other than Company or any of its representatives; provided that, in the case of (iii) and (iv) above, the source of such information was not known by the Consultant to be bound by a confidentiality obligation to Company or any other party with respect to such information.
Confidentiality:
2. The Consultant may use the Confidential Information solely for the purpose of evaluating the Discussions. The Consultant shall keep the Confidential Information strictly confidential and shall not disclose the Confidential Information to any third party. Except to the extent required by law, the Consultant shall not disclose the existence or subject matter of the negotiations or business relationship contemplated by this statement. If software is involved, the Consultant will not disassemble, “reverse engineer,” “reverse compile” or analyze the inputs and outputs of any software or hardware provided under this Agreement for any purpose, including but not limited to, attempting to ascertain or deduce the functionality or workings of the software or hardware.
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Employee Non-Disclosure Agreement
In consideration of my employment or continued employment by _________________ (the “Company”), and the compensation now and hereafter paid to me, I hereby agree as follows:
1. NONDISCLOSURE.
1.1 Recognition of Company’s Rights; Nondisclosure. I understand and acknowledge that my employment by the Company creates a relationship of confidence and trust with respect to the Company’s Proprietary Information (defined below) and that the Company has a protectable interest therein. At all times during my employment and thereafter, I will hold in strictest confidence and will not disclose, use, lecture upon or publish any of the Company’s Proprietary Information, except as such disclosure, use or publication may be required in connection with my work for the Company, or unless an officer of the Company expressly authorizes such in writing. I will obtain Company’s written approval before publishing or submitting for publication any material (written, verbal, or otherwise) that relates to my work at Company and/or incorporates any Proprietary Information. I hereby assign to the Company any rights I may have or acquire in such Proprietary Information and recognize that all Proprietary Information shall be the sole property of the Company and its assigns. I will take all reasonable precautions to prevent the inadvertent or accidental disclosure of Proprietary Information.
1.2 Proprietary Information. The term “Proprietary Information” shall mean any and all confidential and/or proprietary knowledge, data or information of the Company, its affiliates, parents and subsidiaries, whether having existed, now existing, or to be developed during my employment. By way of illustration but not limitation, Proprietary Information includes (a) trade secrets, inventions, mask works, ideas, processes, formulas, source and object codes, data, programs, other works of authorship, know-how, improvements, discoveries, developments, designs and techniques, and any other proprietary technology and all Proprietary Rights therein (hereinafter referred to as an “Invention” or, collectively, as “Inventions”); and (b) information regarding plans for research, development, new products, marketing and selling, business plans, budgets and unpublished financial statements, licenses, prices and costs, suppliers; (c) information regarding the skills and compensation of other employees of the Company; (d) customer identities, customer accounts, customer web design needs, customer advertising needs and history, customer reports, customer finances; and (e) any other non-public information which a competitor of the Company could use to the competitive disadvantage of the Company. Notwithstanding the foregoing, it is understood that, at all such times, I am free to use information which is generally known in the trade or industry through no breach of this Agreement or other act or omission by me and I am free to discuss the terms and conditions of my employment with others to the extent permitted by law.
1.3 Third Party Information. I understand, in addition, that the Company has received and in the future will receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the term of my employment and thereafter, I will hold Third Party Information in the strictest confidence and will not disclose to anyone (other than Company personnel who need to know such information in connection with their work for the Company) or use, except in connection with my work for the Company, Third Party Information unless expressly authorized by an officer of the Company in writing.
1.4 Term of Nondisclosure Restrictions. I understand that Proprietary Information and Third Party Information is never to be used or disclosed by me, as provided in this Section 1. If, however, a court decides that this Section 1 or any of its provisions is unenforceable for lack of reasonable temporal limitation and the Agreement or its restriction(s) cannot otherwise be enforced, I agree and the Company agrees that the two (2) year period after the date my employment ends shall be the temporal limitation relevant to the contested restriction, provided, however, that this sentence shall not apply to trade secrets protected without temporal limitation under applicable law.
1.5 No Improper Use of Information of Prior Employers and Others. During my employment by the Company I will not improperly use or disclose any confidential information or trade secrets, if any, of any former employer or any other person to whom I have an obligation of confidentiality, and I will not bring onto the premises of the Company any unpublished documents or any property belonging to any former employer or any other person to whom I have an obligation of confidentiality unless consented to in writing by that former employer or person. I will use in the performance of my duties only information which is generally known and used by persons with training and experience comparable to my own, which is common knowledge in the industry or otherwise legally in the public domain, or which is otherwise provided or developed by the Company.
2. REASONABLENESS OF RESTRICTIONS.
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PROPRIETARY INFORMATION, INVENTIONS ASSIGNMENT, NON-SOLICITATION AND NON-COMPETITION AGREEMENT
In consideration of my employment or continued employment by _________________ (the “Company”), and the compensation now and hereafter paid to me, I hereby agree as follows:
1. NONDISCLOSURE.
1.1 Recognition of Company’s Rights; Nondisclosure. I understand and acknowledge that my employment by the Company creates a relationship of confidence and trust with respect to the Company’s Proprietary Information (defined below) and that the Company has a protectable interest therein. At all times during my employment and thereafter, I will hold in strictest confidence and will not disclose, use, lecture upon or publish any of the Company’s Proprietary Information, except as such disclosure, use or publication may be required in connection with my work for the Company, or unless an officer of the Company expressly authorizes such in writing. I will obtain Company’s written approval before publishing or submitting for publication any material (written, verbal, or otherwise) that relates to my work at Company and/or incorporates any Proprietary Information. I hereby assign to the Company any rights I may have or acquire in such Proprietary Information and recognize that all Proprietary Information shall be the sole property of the Company and its assigns. I will take all reasonable precautions to prevent the inadvertent or accidental disclosure of Proprietary Information.
1.2 Proprietary Information. The term “Proprietary Information” shall mean any and all confidential and/or proprietary knowledge, data or information of the Company, its affiliates, parents and subsidiaries, whether having existed, now existing, or to be developed during my employment. By way of illustration but not limitation, Proprietary Information includes (a) trade secrets, inventions, mask works, ideas, processes, formulas, source and object codes, data, programs, other works of authorship, know-how, improvements, discoveries, developments, designs and techniques, and any other proprietary technology and all Proprietary Rights therein (hereinafter referred to as an “Invention” or, collectively, as “Inventions”); and (b) information regarding plans for research, development, new products, marketing and selling, business plans, budgets and unpublished financial statements, licenses, prices and costs, suppliers;
(c) information regarding the skills and compensation of other employees of the Company; (d) customer identities, customer accounts, customer web design needs, customer advertising needs and history, customer reports, customer finances; and (e) any other non-public information which a competitor of the Company could use to the competitive disadvantage of the Company. Notwithstanding the foregoing, it is understood that, at all such times, I am free to use information which is generally known in the trade or industry through no breach of this Agreement or other act or omission by me and I am free to discuss the terms and conditions of my employment with others to the extent permitted by law.
1.3 Third Party Information. I understand, in addition, that the Company has received and in the future will receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the term of my employment and thereafter, I will hold Third Party Information in the strictest confidence and will not disclose to anyone (other than Company personnel who need to know such information in connection with their work for the Company) or use, except in connection with my work for the Company, Third Party Information unless expressly authorized by an officer of the Company in writing.
1.4 Term of Nondisclosure Restrictions. I understand that Proprietary Information and Third Party Information is never to be used or disclosed by me, as provided in this Section 1. If, however, a court decides that this Section 1 or any of its provisions is unenforceable for lack of reasonable temporal limitation and the Agreement or its restriction(s) cannot otherwise be enforced, I agree and the Company agrees that the two (2) year period after the date my employment ends shall be the temporal limitation relevant to the contested restriction, provided, however, that this sentence shall not apply to trade secrets protected without temporal limitation under applicable law.
1.5 No Improper Use of Information of Prior Employers and Others. During my employment
by the Company I will not improperly use or disclose any confidential information or trade secrets, if any, of any former employer or any other person to whom I have an obligation of confidentiality, and I will not bring onto the premises of the Company any unpublished documents or any property belonging to any former employer or any other person to whom I have an obligation of confidentiality unless consented to in writing by that former employer or person. I will use in the performance of my duties only information which is generally known and used by persons with training and experience comparable to my own, which is common knowledge in the industry or otherwise legally in the public domain, or which is otherwise provided or developed by the Company.
2. ASSIGNMENT OF INVENTIONS.
2.1 Proprietary Rights. The term “Proprietary Rights” shall mean all trade secrets, patents, copyrights, trademarks, mask works and other intellectual property rights throughout the world.
2.2 Prior Inventions. Inventions, if any, patented or unpatented, which I made prior to the commencement of my employment with the Company are excluded from the scope of this Agreement. To preclude any possible uncertainty, I have set forth on Exhibit A (Prior Inventions) attached hereto a complete list of all Inventions that I have, alone or jointly with others, conceived, developed or reduced to practice or caused to be conceived, developed or reduced to practice prior to the commencement of my employment with the Company, that I consider to be my property or the property of third parties and that I wish to have excluded from the scope of this Agreement (collectively referred to as “Prior Inventions”). If disclosure of any such Prior Invention would cause me to violate any prior confidentiality agreement, I understand that I am not to list such Prior Inventions in Exhibit A but am only to disclose a cursory name for each such invention, a listing of the party(ies) to whom it belongs and the fact that full disclosure as to such inventions has not been made for that reason. A space is provided on Exhibit A for such purpose. If no such disclosure is attached, I represent that there are no Prior Inventions. If, in the course of my employment with the Company, I incorporate a Prior Invention into a Company product, process or machine, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, fully-paid, worldwide license (with rights to sublicense through multiple tiers of sublicensees) to make, have made, modify, reproduce, make derivative works of, publicly perform, publicly display, use, sell, import, and exercise any and all present and future rights in such Prior Invention. Notwithstanding the foregoing, I agree that I will not incorporate, or permit to be incorporated, Prior Inventions in any Company Inventions without the Company’s prior written consent.
2.3 Assignment of Inventions. Subject to Subsections 2.4 and 2.6, I hereby assign and agree to assign in the future (when any such Inventions or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to the Company all my right, title and interest in and to any and all Inventions (and all Proprietary Rights with respect thereto) whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly with others, during the period of my employment with the Company. Inventions assigned to the Company, or to a third party as directed by the Company pursuant to this Section 2, are hereinafter referred to as “Company Inventions.”
2.4 Unassigned or Nonassignable Inventions. I recognize that this Agreement will not be deemed to require assignment of any Invention that I developed entirely on my own time without using the Company’s equipment, supplies, facilities, trade secrets, or Proprietary Information, except for those Inventions that either (i) relate to the Company’s actual or anticipated business, research or development, or (ii) result from or are connected with work performed by me for the Company. In addition, this Agreement does not apply to any Invention which qualifies fully for protection from assignment to the Company under any specifically applicable state law, regulation, rule, or public policy (“Specific Inventions Law”).
2.5 Obligation to Keep Company Informed. During the period of my employment and for six (6) months after termination of my employment with the Company, I will promptly disclose to the Company fully and in writing all Inventions authored, conceived or reduced to practice by me, either alone or jointly with others. In addition, I will promptly disclose to the Company all patent applications filed by me or on my behalf within a year after termination of employment. At the time of each such disclosure, I will advise the Company in writing of any Inventions that I believe fully qualify for protection under the provisions of a Specific Inventions Law; and I will at that time provide to the Company in writing all evidence necessary to substantiate that belief. The Company will keep in confidence and will not use for any purpose or disclose to third parties without my consent any confidential information disclosed in writing to the Company pursuant to this Agreement relating to Inventions that qualify fully for protection under a Specific Inventions Law. I will preserve the confidentiality of any Invention that does not fully qualify for protection under a Specific Inventions Law.
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EXHIBIT A PRIOR INVENTIONS
1. Except as listed in Section 2 below, the following is a complete list of all inventions or improvements relevant to the subject matter of my employment by the Company that have been made or conceived or first reduced to practice by me alone or jointly with others prior to my engagement by the Company:
No inventions or improvements.
See below:
Additional sheets attached.
2. Due to a prior confidentiality agreement, I cannot complete the disclosure under Section 1 above with respect to inventions or improvements generally listed below, the proprietary rights and duty of confidentiality with respect to which I owe to the following party(ies):
Invention or Improvement Party(ies) Relationship
1.
2.
3.
Additional sheets attached.
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Invention Confidentiality and Nondisclosure Agreement
This confidentiality and non-disclosure agreement ("Agreement") is made and entered into as of_____________, 20____("Effective Date") by and between _________________________ (“Inventor”) and _______________________________(“Interested Partner”), (collectively the "Parties" and each a "Party").
Whereas, Inventor has invented or developed one or more inventions as named and identified in Attachment A to this Agreement (the “Inventions”).
Whereas, the Parties desire to disclose certain information related to or in connection with a possible business transaction or relationship between the Parties related to the Inventions. Therefore, the Parties agree to enter into a confidential relationship with respect to the disclosure of certain information related to the Invention.
This Agreement expires five years after the last transmission of information between the Parties hereunder.
In consideration of the mutual covenants set out in this Agreement, the disclosure of certain information, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the Parties agree as follows:
1. Definitions.
(a) "Confidential information" includes all information, data, or know-how related to the Inventions including, but not limited to, that which relates to a Disclosing Party's research, products, designs, ideas, processes, drawings, business plans, product implementations, financial information, marketing techniques, business operation and systems, pricing policies, customers, and/or vendors, (including names and contact information of lenders, brokers and sellers involved in transactions or having done business with the Receiving Party and not the Disclosing Party prior to transfer of such information), disclosed by one Party to another in writing, orally, by inspection, or otherwise. Confidential information does not include information that the Receiving Party can demonstrate:
(i) was in the Receiving Party's possession prior to its being furnished to the Receiving Party under the terms of this Agreement, provided the source of that information was not known by the Receiving Party to be bound by a confidentiality agreement with, or other continual, legal or fiduciary obligation of confidentiality, to the Disclosing Party;
(ii) is now, or hereafter becomes, through no act or failure to act on the part of either party, generally known to the public;
(iii) is rightfully obtained by the Receiving Party from a third party, without breach of any obligation to the Disclosing Party; or
(iv) is independently developed by the Receiving Party without use of or reference to the confidential information.
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MUTUAL NON-DISCLOSURE AGREEMENT
THIS AGREEMENT, made this ___________ day of _________________ , 2009 (the "Effective Date") by and between ______________________________________________________ (hereinafter "ENTER SHORT NAME OF PARTY 1") and _______________________________________________ ______________ (hereinafter "ENTER SHORT NAME OF PARTY 2). Collectively referred to herein as the "Parties."
WHEREAS, both Parties intend to disclose to each other proprietary and confidential information for the purpose of _______________________________________________________.
NOW, THEREFORE, in consideration of the mutual exchange of Information, and for other good and valuable consideration, the Parties agree as follows:
1. Proprietary and confidential information (hereinafter referred to as "Information") means any information, oral or written, that is not generally known outside of the disclosing Party including, but not limited to, the following: (1) information relating to the disclosing Party's unique marketing strategies, products, designs, methods of promotions or research; (2)information relating to the disclosing Party's business operations such as its marketing plans, customer lists, pricing, and pricing methods, as well as its personnel and organizational data; and (3)information such as documentation, materials, flow charts, codes, software, computer instructions, techniques, models, diagrams, know-how, trade secrets, data, inventions, patent applications, and similar or related materials disclosed in connection with this Agreement. Information may include proprietary information or data supplied by organizations or persons not a Party to this Agreement, only to the extent that the disclosing Party has rights to disclose such information. Where possible, each Party shall identify any Information disclosed hereunder with an appropriate, conspicuous legend (such as "Proprietary" or "Confidential"). When practical, non-tangible disclosures (i.e., discussions, briefings, etc.) identified as proprietary or company-confidential at the time of disclosure will be summarized in writing, identified with a legend as described above, and forwarded to the other Party within thirty (30) days of disclosure. Each Party's duty to protect such Information shall commence from initial disclosure.
2. Each Party shall hold each other's Information in strict confidence and shall use it only for the purpose of this Agreement. Each Party shall limit distribution of each other's Information only to those individuals within its organization who have a need to know such Information in connection with this Agreement. Neither Party shall disclose any of the other Party's Information to any other person, organization, or corporation without the other Party's prior written approval.
3. Each Party shall protect the other's Information in the same manner and with at least the same degree of care that the receiving Party uses to protect its own proprietary/company-confidential information (but in no event with less than a reasonable degree of care), including causing any of its employees, agents, contractors and/or subcontractors who render services under or in connection with this Agreement to execute non-disclosure agreements adequately requiring them to keep the
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One Way Non-Disclosure Agreement
(One-Way NDA)
This One Way Non-Disclosure Agreement (this “Agreement”) is entered into as of the Effective Date set forth below, by and between the Recipient set forth below and ___________________, a company formed under the laws of the State of _________________, (the “Company”).
Effective Date:
Recipient: ____________________________ (the “Recipient”)
Address: ____________________________
Attn: ____________________________
Fax No.: ____________________________
In connection with certain business discussions involving the Recipient and Company (the “Discussions”), the Recipient and Company recognize the need for Company to provide Confidential Information (as defined below) to the Recipient. In consideration of the opportunity to receive Confidential Information, the Recipient agrees as follows:
1. For purposes of this Agreement, “Confidential Information” means any information, including but not limited to, programs, devices, methods, techniques and processes, financial information and data, information about employees, business plans, business strategies, marketing plans, customer lists, price lists, cost information, science, formulas, patterns, compilations, descriptions of inventions, process descriptions, descriptions of technical know-how, information and descriptions of new products and new product development, scientific and technical specifications and documentation, and pending or abandoned patent applications of a party, now known or in possession of, or hereafter learned or acquired, that derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by other persons who can obtain economic value from its disclosure or use. Confidential information may be written or oral, expressed in electronic media or otherwise disclosed, and may be tangible or intangible. Confidential Information shall include all information furnished by or on behalf of Company to the Recipient, whether furnished before or after the date of this Agreement and regardless of the manner in which it is furnished, and all analyses, compilations, copies, summaries, studies or other documents or records
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Website Design Non-Disclosure Agreement
This Website Non-Disclosure Agreement (this “Agreement”) is entered into as of the Effective Date set forth below, by and between the Web Designer set forth below and ___________________, a company formed under the laws of the State of _________________, (the “Company”).
Effective Date:
[Web Designer Name] (the “Web Designer”), an individual with him main address located at OR a corporation organized and existing under the laws of the [State/Province] of [Country], with its head office located at:
[Complete Address]
[Company Name] (the “Company”), a corporation organized and existing under the laws of [State/Province] of [Country], with its head office located at:
[Complete Address]
Recitals:
In connection with certain business discussions involving the Web Designer and Company (the “Discussions”), the Web Designer and Company recognize the need for Company to provide Confidential Information (as defined below) to the Web Designer. In consideration of the opportunity to receive Confidential Information, the Web Designer agrees as follows:
Definitions:
1. For purposes of this Agreement, “Confidential Information” means any information, including but not limited to, programs, devices, methods, techniques and processes, financial information and data, information about employees, business plans, business strategies, marketing plans, customer lists, price lists, cost information, science, formulas, patterns, compilations, descriptions of inventions, process descriptions, descriptions of technical know-how, information and descriptions of new products and new product development, scientific and technical specifications and documentation, and pending or abandoned patent applications of a party, now known or in possession of, or hereafter learned or acquired, that
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