Accounting Asset Confidentiality NDA
Accounting Asset Confidentiality NDA
This Non-Disclosure Agreement, dated [Month Day, Year], is between [Your Company Name] and [Your Partner Company / Second Party], both incorporated and operating under the laws of their respective jurisdictions.
I. Confidential Information
For the purposes of this Agreement, "Confidential Information" shall include, but not be limited to, any and all non-public information relating to the Disclosing Party’s business, technology, products, services, customers and suppliers, entities affiliated or associated with it, or any other proprietary and trade secret information owned by the Disclosing Party and disclosed or made available to the Receiving Party directly or indirectly in writing, orally or by inspection of tangible objects.
II. Purpose of Disclosure
The Disclosing Party agrees to disclose Confidential Information to the Receiving Party for the sole purpose of facilitating legitimate business transactions between the parties. The Receiving Party acknowledges that such disclosure is made in reliance on the Receiving Party’s agreement to abide by the terms of this Agreement.
III. Obligations of the Receiving Party
The party which is in the process of receiving the Confidential Information does consent and agree to the following terms and conditions as soon as the said information is received.
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Use the Confidential Information only for the aforementioned purposes;
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Keep the Confidential Information confidential and not disclose it to any third party unless authorized in writing by the Disclosing Party;
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Use the same degree of care in protecting the Confidential Information as it uses to protect its own confidential and proprietary information.
IV. Non-Confidential Information
Information that is classified as confidential does not include, comprise, or involve these types of information:
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Was in the public domain at the time of disclosure;
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After disclosure, becomes part of the public domain through no fault of the Receiving Party;
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Was rightfully in the possession of the Receiving Party without obligation of confidentiality prior to its disclosure by the Disclosing Party;
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Is independently developed by the Receiving Party with no reference to or use of Confidential Information.
V. Duration and Termination
This Agreement will be effective from the date of execution and will continue in effect for a period of [Duration]. On expiration or earlier termination of this Agreement, the Receiving Party shall immediately cease to use the Confidential Information and, unless otherwise instructed in writing by the Disclosing Party, shall return or destroy all copies of the Confidential Information.
VI. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Each Party irrevocably agrees to submit to the exclusive jurisdiction of the courts of [Jurisdiction] over any claim or matter arising under or in connection with this Agreement. By partaking in this Agreement, both parties declare their acknowledgement and compliance to the terms laid herein.
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[Your Company Name]
[Month Day, Year]
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[Your Partner Company Name]
[Month Day, Year]
