One Way Nondisclosure 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 prepared by the Recipient 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 Recipient;
is or has been independently acquired or developed by ...
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