Real Estate Construction NDA
Real Estate Construction NDA
This Real Estate Construction Non-Disclosure Agreement ("Agreement") is made effective as of [Month Day, Year] by and between [Your Company Name], a corporation organized and existing under the laws of [State/Country], with its principal place of business located at [Your Company Address] ("Disclosing Party"), and [Your Client Name], a corporation organized and existing under the laws of [State/Country], with its principal place of business located at [Your Client Company Address] ("Receiving Party").
1. Purpose
The primary purpose of this Agreement is to protect and maintain the confidentiality of proprietary, sensitive, or otherwise confidential information that is exchanged between the parties in connection with the planning, development, and execution of Real Estate Construction projects.
2. Definition of Confidential Information
For the purposes of this Agreement, "Confidential Information" includes, but is not limited to, all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media, by one party to the other. Specifically, this includes:
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Architectural designs and plans;
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Construction schedules, timelines, and methodologies;
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Financial documents, including budgets, quotes, and cost analyses;
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Vendor and contractor details;
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Unpublished patent applications, and other proprietary or trade secret information.
3. Obligations and Restrictions
The Receiving Party agrees to:
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Maintain the Confidential Information in strict confidence;
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Not disclose such Confidential Information to any third parties without the prior written consent of the Disclosing Party;
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Use the Confidential Information solely for the purpose of fulfilling its obligations and rights under Real Estate Construction projects related to this Agreement.
Exceptions to Confidentiality Obligations:
The obligations of confidentiality shall not apply to information which:
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Is or becomes publicly known through no wrongful act of the Receiving Party;
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Is independently developed by the Receiving Party without breach of this Agreement;
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Is received from a third party without similar confidentiality restrictions and without breach of this Agreement.
4. Duration
This Agreement shall commence upon the Effective Date and shall continue to be in effect for a period of [Duration], unless earlier terminated by either party upon [Number] days' written notice to the other party.
5. Termination
This Agreement may be terminated by either party upon written notice to the other party. Upon termination, the Receiving Party shall, at the option of the Disclosing Party, return or destroy all copies of Confidential Information received under this Agreement.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflict of law provisions. Any legal suit, action, or proceeding arising out of or related to this Agreement shall be instituted exclusively in the federal courts of [Jurisdiction] or the courts of [State/Country].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written to ensure the protection of the Confidential Information related to their Real Estate Construction projects.
[Your Company Name]
[Your Name]
[Your Job Title]
[Month Day, Year]
[Your Client Name]
[Client Representative Name]
[Client Representative Title]
[Month Day, Year]
