Accounts Vendor Confidentiality NDA
Accounts Vendor Confidentiality Non-Disclosure Agreement
1. Purpose of Agreement
The purpose of this Accounts Vendor Confidentiality Non-Disclosure Agreement (hereinafter referred to as "NDA")’ is to establish a confidential arrangement between [Your Company Name], (hereinafter referred to as the 'Disclosing Party'), located at [Your Company Address] and [Your Partner Company Name / Second Party], (hereinafter referred to as the 'Receiving Party'), located at [Your Partner Company Name / Second Party Address]. The purpose of this NDA is to protect sensitive and confidential information shared with the vendor in the course of providing accounting and other associated financial services.
2. Definition of Confidential Information
For the purpose of this agreement, "Confidential Information" shall mean any and all non-public information or material, whether oral, written or electronic, of a confidential, proprietary or trade secret nature that is disclosed or made accessible by the Disclosing Party to the Receiving Party, whether designated as confidential at the time of disclosure or not. Confidential Information includes, but is not limited to, financial details, account records, client information, internal accounting practices, financial reports, and any data regarded as a trade secret.
3. Obligations and Restrictions
The Receiving Party agrees:
-
To use the Confidential Information solely for the purpose of fulfilling its professional services;
-
To keep the Confidential Information strictly confidential;
-
Not to disclose any Confidential Information to any third parties;
-
To limit access to Confidential Information to individually designated and authorized persons who are required to know the information for the purposes of this Agreement.
4. Exceptions to Confidentiality
Notwithstanding the above, Confidential Information shall not include data or information which:
-
Is or becomes readily available to the public through no fault of the Receiving Party;
-
Is obtained by the Receiving Party from a third party without a breach of such third party's obligations of confidentiality;
-
Is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information;
-
Is required to be disclosed under a court order, applicable law or regulation.
5. Duration and Termination
This NDA shall come into effect from the date of its execution and shall remain effective for a duration of [DURATION]. Either Party may terminate this agreement with written notice, requiring the Receiving Party to either return or destroy all Confidential Information received.
6. Governing Law
This NDA shall be governed by and constructed in accordance with the laws of [Country] and any disputes arising shall be subject to the exclusive jurisdiction of the courts of [Country].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first mentioned.
Disclosing Party: [Your Company Name]
Authorized Signature: [Your Signature]
Date: [Month Day, Year]
Receiving Party: [Your Partner Company Name / Second Party]
Authorized Signature: [Signature]
Date: [Month Day, Year]
