Protection Agreement
PROTECTION AGREEMENT
This Protection Agreement (hereinafter referred to as "Agreement") is entered into on [Date], by and between , having its principal place of business at [Your Company Address] ("Company"), and [Other Party's Name], of [Other Party's Address] ("Recipient"). The parties agree as follows:
1. Definitions
1.1 Confidential Information
Confidential Information refers to any data or information, oral or written, that relates to the business, operations, or assets of the Company that is disclosed to the Recipient during the term of this Agreement.
1.2 Purpose
The purpose of this Agreement is to outline the terms under which confidential information shall be protected by the Recipient.
2. Obligations of the Recipient
2.1 Non-Disclosure
The Recipient agrees not to disclose any Confidential Information to any third parties without the prior written consent of the Company.
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Maintain the confidentiality of all disclosed information.
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Ensure that the information is protected with appropriate security measures.
2.2 Limited Use
The Recipient shall use the Confidential Information solely for the purpose outlined in this Agreement and for no other purpose.
3. Exclusions
This Agreement shall not restrict any information which:
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Is or becomes publicly known through no wrongful act of the Recipient.
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Was properly known to the Recipient, without restriction, prior to disclosure by the Company.
4. Term
This Agreement shall commence on [Start Date] and continue indefinitely unless terminated by either party upon 30 days' written notice.
5. Return of Materials
Upon termination of this Agreement or upon written request from the Company, the Recipient agrees to return all Confidential Information and any copies thereof to the Company.
6. General Provisions
6.1 Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
6.2 Entire Agreement
This Agreement represents the entire understanding between the parties relating to the matters herein and supersedes all prior discussions and agreements related to these matters.
Signatures
[Your Company Name]
[Your Company Address]
[Date Signed]
[Party B Name]
[Party B Address]
[Date Signed]