Sales NDA for Commission Strategy Discussions
Sales NDA For Commission Strategy Discussions
This Sales Non-Disclosure Agreement (the "Agreement") is entered into on this 10th of November 2050 (the "Effective Date") by and between:
[Your Company Name] and [Your Company Address] (hereinafter referred to as the "Disclosing Party").
And
[Counterparty Name] and [Counterparty Address] (hereinafter referred to as the "Receiving Party").
Collectively, the Disclosing Party and the Receiving Party shall be referred to as the "Parties."
WHEREAS, the Disclosing Party possesses confidential information related to commission strategies and sales activities that it wishes to disclose to the Receiving Party for the purpose of discussions and negotiations;
NOW, THEREFORE, in consideration of the mutual promises contained herein, the Parties agree as follows:
I. Definition Of Confidential Information
The term "Confidential Information" refers to any and all information, whether in oral, written, electronic, or other form, that is disclosed by the Disclosing Party to the Receiving Party during the course of discussions and negotiations regarding commission strategies. This includes, but is not limited to, financial data, sales targets, pricing strategies, marketing plans, and any other information considered proprietary by the Disclosing Party.
II. Definition Of Confidential Information
The Receiving Party agrees to:
A. Keep all Confidential Information strictly confidential and not disclose it to any third party without the prior written consent of the Disclosing Party.
B. Use the Confidential Information solely for the purpose of discussions and negotiations pertaining to commission strategies and not for any other purpose.
III. Duration Of Confidentiality
The Receiving Party's obligations under this Agreement shall remain in effect for a period of three years, commencing from the Effective Date, unless otherwise terminated or extended by written agreement between the Parties.
IV. Permitted Disclosures
The Receiving Party may disclose Confidential Information to its employees, contractors, or agents who have a legitimate need to know and are bound by similar confidentiality obligations. Additionally, disclosure may be made if required by applicable law, provided that the Receiving Party promptly notifies the Disclosing Party of such requirement to allow for appropriate protective measures.
V. Remedies For Breach
In the event of a breach or threatened breach of this Agreement by the Receiving Party, the Disclosing Party shall be entitled to seek injunctive relief, as well as any other legal or equitable remedies available.
VI. Governing Law And Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of New York. Any disputes arising from or related to this Agreement shall be subject to the exclusive jurisdiction of the courts located within New York.
VII. Entire Agreement
This Agreement constitutes the entire understanding between the Parties concerning the subject matter herein and supersedes all prior and contemporaneous agreements, understandings, and representations, whether oral or written.
IN WITNESS WHEREOF, the Parties hereto have executed this Sales Non-Disclosure Agreement as of the Effective Date.
Signed By:
[Name of Authorized Representative]
[Your Company Name]
[Name of Authorized Representative]
[Counterparty Name]
