Sales Market Analysis NDA
Sales Market Ananlysis NDA
This Sales Market Analysis NDA ("Agreement") is entered into this [1st day of January, 2050], between [Your Company Name], a corporation duly incorporated under the laws of [California], having its principal place of business at [Your Company Address], represented by [Your Name], in the capacity of [Director of Marketing], hereinafter referred to as the "Disclosing Party", and [Your Partner Company Name], an entity duly organized and existing under the laws of [California], with its registered address at [Your Partner Company Address], represented by [Name], in the capacity of [Event Manager], hereinafter referred to as the "Receiving Party";
WHEREAS, the Disclosing Party desires to engage in discussions concerning a sales market analysis that would potentially involve sharing confidential and proprietary information;
NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the parties agree as follows:
1. Definitions
1.1 "Confidential Information" refers to any data, materials, knowledge, or proprietary information belonging to the Disclosing Party that is not generally known to the public. For purposes of this Agreement, "Confidential Information" shall include, but not be limited to, trade secrets, financial records, customer information, internal reports, analyses, strategies, forecasts, product plans, marketing plans, business plans, intellectual property, or any other non-public information that could reasonably be considered confidential.
1.2 "Disclosing Party" refers to the entity sharing the Confidential Information, as identified in the opening clauses of this Agreement.
1.3 "Receiving Party" refers to the entity receiving the Confidential Information, as identified in the opening clauses of this Agreement.
1.4 "Effective Date" refers to the date this Agreement is executed and becomes effective, as set forth in the opening clauses of this Agreement.
1.5 "Purpose" refers to the reason for the disclosure of Confidential Information, which is for both Parties to evaluate and potentially engage in discussions concerning a prospective business relationship involving a sales market analysis.
1.6 "Tangible Form" means any information that is stored or conveyed on any physical medium, such as written documents, computer disks, or any other physical embodiment of information.
1.7 "Intangible Form" means any oral or visual presentation, or any information that is stored or conveyed through any electronic means, such as email or digital files.
2. Obligations
2.1 Both the Disclosing Party and the Receiving Party mutually agree to hold each other's Confidential Information in strict confidence. Upon receipt of any Confidential Information from the Disclosing Party, the Receiving Party shall exercise the same degree of care and protection that it would use with respect to its own Confidential Information, and in any event no less than a reasonable degree of care.
2.2 The Receiving Party agrees to limit access to the Confidential Information to its employees, contractors, or agents who have a need to know such information for the Purpose set forth in this Agreement, and who are bound by confidentiality obligations consistent with those of this Agreement.
2.3 The Receiving Party shall not disclose, disseminate, or otherwise make available the Confidential Information to any third party without the prior written consent of the Disclosing Party, except as may be required by law, regulation, or court order. In the event that such disclosure is required by law, the Receiving Party shall promptly notify the Disclosing Party prior to any such disclosure and shall cooperate with the Disclosing Party if the Disclosing Party chooses to contest the disclosure or to seek a protective order.
2.4 The Receiving Party shall not use the Confidential Information for any purpose other than the Purpose without the prior written consent of the Disclosing Party.
2.5 Both Parties shall take reasonable precautions, including implementing appropriate physical, electronic, and managerial procedures, to safeguard the integrity and prevent the unauthorized disclosure or use of the Confidential Information.
2.6 Any breach of these obligations could result in irreparable harm for which monetary damages may not be an adequate remedy. In the event of such a breach, the Disclosing Party shall be entitled to seek equitable relief, including injunctive relief, in addition to any other remedies available under law or in equity.
3. Exclusions
3.1 The obligations and restrictions set forth in this Agreement shall not apply to any information that: (a) is already known to the Receiving Party at the time of disclosure, as evidenced by its written records; (b) becomes publicly available or enters the public domain through no wrongful act, omission, or breach of this Agreement by the Receiving Party; or (c) is received by the Receiving Party from a third party who has the lawful right to disclose such information and who has not obtained it directly or indirectly from the Disclosing Party under a duty of confidentiality.
3.2 In the event that the Receiving Party wishes to assert that any received information falls under one of these exclusions, the burden of proof for establishing such an exclusion shall lie solely with the Receiving Party. The Receiving Party must promptly notify the Disclosing Party in writing of its claim that received information falls under one of the exclusions specified in Section 3.1.
3.3 If the Receiving Party is legally compelled by a court, government agency, or other regulatory body to disclose any of the Disclosing Party’s Confidential Information, such requirement shall not be deemed to render the information publicly known, provided that the Receiving Party complies with Section 2.3 of this Agreement regarding such legally compelled disclosure.
3.4 The Receiving Party shall take all reasonable steps to ensure that the information claimed to be excluded under this Section 3 is kept separate from the Confidential Information until such time as the Disclosing Party agrees in writing that such information is exempted from the confidentiality obligations or a court of competent jurisdiction so determines.
3.5 The fact that specific information is designated as an exclusion under this Section 3 does not affect the confidentiality of other information that is derived from or based upon such excluded information, but which itself does not meet the criteria for exclusion.
4. Term
4.1 Duration: This Non-Disclosure Agreement ("Agreement") shall commence on the Effective Date, as defined in the preamble, and shall continue in full force and effect for a period of two (2) years thereafter ("Term"), unless earlier terminated by either Party in accordance with the terms set forth herein.
4.2 Termination for Convenience: Either Party may terminate this Agreement at any time, for any reason or for no reason, by providing written notice to the other Party. Such termination shall become effective thirty (30) days after receipt of the written notice, unless a shorter period is mutually agreed upon in writing by both Parties.
4.3 Obligations upon Termination or Expiry: Upon termination or expiration of this Agreement, each Party shall promptly return to the other Party, or at the other Party's request, destroy, all copies of Confidential Information received under this Agreement. Any such return or destruction of Confidential Information shall be certified in writing to the Disclosing Party by an authorized officer of the Receiving Party within fifteen (15) days after the date of termination or expiration.
4.4 Survival: Notwithstanding any termination or expiration of this Agreement, the obligations to protect the Confidential Information disclosed hereunder shall survive for a period of two (2) years from the date of such termination or expiration. Further, any termination or expiration of this Agreement shall not relieve either Party from any obligations that by their nature should survive such termination or expiration, including but not limited to, warranty disclaimers, indemnities, and limitations of liability.
4.5 Material Breach: In the event of a material breach by either Party of the provisions contained in this Agreement, the non-breaching Party shall have the right to terminate this Agreement immediately upon written notice to the breaching Party. For the avoidance of doubt, any unauthorized use or disclosure of Confidential Information shall be considered a material breach of this Agreement.
4.6 Legal Remedies: Nothing in this Section 4 shall limit any other remedies that either Party may have in law or equity.
5. Return of Information
5.1 Obligation to Return or Destroy: Upon written request of the Disclosing Party, or upon termination or expiration of this Agreement, the Receiving Party shall promptly return to the Disclosing Party all Confidential Information, including all copies, reproductions, summaries, analyses, or other forms of documentation, that have been disclosed under the terms of this Agreement. Alternatively, at the Disclosing Party's discretion, the Receiving Party may be directed to destroy all said Confidential Information.
5.2 Certification of Return or Destruction: Within fifteen (15) days of the Disclosing Party's written request for the return or destruction of Confidential Information, the Receiving Party shall certify in writing, executed by an authorized officer, that all such Confidential Information has been returned to the Disclosing Party or has been destroyed, as the case may be. The certificate shall specify the method used for destruction, if applicable, and identify the person supervising the destruction.
5.3 Exceptions: The Receiving Party may retain one (1) copy of the Confidential Information for compliance, archival, or legal purposes. However, such retained copy shall continue to be subject to the confidentiality and non-use obligations contained in this Agreement for a period of two (2) years from the date of termination or expiration of this Agreement.
5.4 Consequences of Failure to Return or Destroy: Failure to return or destroy the Confidential Information as stipulated under this Section 5 shall constitute a material breach of this Agreement, entitling the Disclosing Party to seek appropriate legal remedies, including but not limited to, injunctive relief and damages.
5.5 Survival: The obligations under this Section 5 shall survive the termination or expiration of this Agreement for a period of two (2) years.
6. No License
6.1 Explicit Non-Grant of License: The Parties hereby acknowledge and agree that nothing contained in this Agreement shall be construed as granting, either expressly or by implication, estoppel, or otherwise, any license to use, copy, exploit, or commercialize any of the Confidential Information disclosed hereunder, or any license to any invention, patent, copyright, trademark, or any other intellectual property right held by the Disclosing Party, except as expressly stated herein.
6.2 No Transfer of Rights: The disclosure of Confidential Information under the terms of this Agreement shall not constitute any transfer or assignment of ownership rights, including, but not limited to, intellectual property rights, from the Disclosing Party to the Receiving Party.
6.3 Limitation: The Receiving Party understands that, unless otherwise explicitly agreed in writing, they shall not have the right to use or incorporate any of the Disclosing Party's Confidential Information into its own products, services, or business operations, other than for the purpose explicitly outlined in this Agreement.
6.4 Consequences for Violation: Any violation of the terms of this Section 6 shall constitute a material breach of this Agreement, and the Disclosing Party shall have the right to immediately terminate this Agreement, in addition to seeking all available legal remedies, including but not limited to, injunctive relief and damages.
6.5 Survival: The obligations and limitations set forth in this Section 6 shall survive the termination or expiration of this Agreement for a period of two (2) years.
6. Governing Law
7.1 Applicable Law: This Agreement shall be governed by, interpreted, and construed in accordance with the laws of the State of [California], without regard to its conflict of laws principles.
7.2 Jurisdiction: The Parties hereby irrevocably consent to the exclusive jurisdiction and venue of the federal and state courts located within the State of [California] for any dispute arising under or relating to this Agreement. Each Party hereby irrevocably waives any right it may have to assert that any such court is an inconvenient forum for the resolution of any such dispute and any objection that it may have now or hereafter to the laying of the venue of any such suit, action, or proceeding in any such court, or that any such suit, action, or proceeding brought in any such court has been brought in an improper or inconvenient forum.
7.3 Legal Compliance: The Parties shall comply with all applicable federal, state, and local laws, rules, and regulations in performing their respective obligations under this Agreement.
7.4 Legal Remedies: Nothing contained in this Agreement shall restrict either Party’s right to seek and obtain injunctive relief or any other form of equitable relief under applicable law to enforce the terms of this Agreement.
7.5 Severability: In the event that any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, illegal, or unenforceable, such determination shall not affect or impair the validity, legality, or enforceability of the remaining provisions of this Agreement, and each such provision shall be deemed to be separate, severable, and distinct.
7.6 Entire Understanding: This section shall be read in conjunction with all other provisions of this Agreement and constitutes a vital part of the overall understanding between the Parties.
6. Entire Agreement
This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior negotiations, understandings, and agreements, whether oral or written. Any amendments or modifications to this Agreement shall be in writing and signed by both Parties.
If any provision of this Agreement is found to be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not be affected or impaired.
IN WITNESS WHEREOF, the Parties hereto have executed this Sales Market Analysis Non-Disclosure Agreement as of [1st day of January, 2050].
Signature of [Your Company Name]:
[Your Name]
[Job Title]
[Date]
Signature of [Your Partner Company Name]:
[Name]
[Job Title]
[Date]
