Financial Cost Confidentiality NDA
Financial Cost Confidentiality NDA
This Non-Disclosure Agreement ("Agreement") is entered into as of [MM-DD-YYYY] by and between [Your Company Name], with its principal place of business at [Your Company Address] ("Disclosing Party"), and [Recipient's Name], residing at [Recipient's Address] ("Receiving Party").
1. Definition of Confidential Information:
For purposes of this Agreement, "Confidential Information" shall include all data, materials, and information related to the financial costs, strategies, and operations of [Your Company Name] that is disclosed to the Receiving Party. This includes, but is not limited to, cost analysis reports, financial statements, pricing strategies, budgets, and other sensitive financial data.
2. Obligations of Receiving Party:
The Receiving Party agrees to:
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Maintain the confidentiality of the Confidential Information with at least the same degree of care that it uses to protect its own confidential information but in no event less than reasonable care.
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Do not use the Confidential Information for any purpose other than the purpose for which it was disclosed.
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Restrict disclosure of the Confidential Information solely to those employees or agents who need to know such information for the purpose of the disclosed business transaction, and who have signed confidentiality agreements or are otherwise bound by confidentiality obligations at least as restrictive as those in this Agreement.
3. Exclusions from Confidential Information:
Confidential Information does not include information that:
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Is or becomes publicly known through no fault of the Receiving Party;
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Is in possession of the Receiving Party without confidentiality restrictions before receipt from the Disclosing Party;
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Is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information; or
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Is rightfully received by the Receiving Party from a third party without confidentiality restrictions.
4. Term:
The confidentiality obligations of this Agreement shall remain in effect for a period of [Specify Duration] from the date of disclosure of the Confidential Information.
5. Return or Destruction of Confidential Information:
Upon the request of the Disclosing Party or termination of this Agreement, the Receiving Party shall return or destroy all copies of Confidential Information in its possession.
6. Governing Law and Jurisdiction:
This Agreement shall be governed by and construed in accordance with the laws of [Specify Jurisdiction], without regard to its conflict of law principles.
IN WITNESS WHEREOF, the parties have executed this Non-Disclosure Agreement as of the Effective Date.
[Your Company Name]
By: _________________________
Name: [Your Name]
Title: [Your Title]
Date: _______________________
[Recipient's Name]
By: _________________________
Name: [Recipient's Full Name]
Title: [Recipient's Title]
Date: _______________________
