Restaurant Business Non Disclosure Agreement
Restaurant Business Non-Disclosure Agreement
This Non-Disclosure Agreement (the "Agreement") is made and entered into on this ____ day of ____, 20__, by and between:
[Your Company Name]
[Your Company Address]
[Your Company Number]
[Your Company Email]
[Your Company Website]
and
[Your Partner Company Name / Second Party]
[Your Partner Company Name / Second Party Address]
[Your Partner Company Name / Second Party Number]
[Your Partner Company Name / Second Party Email]
1. Definition of Confidential Information
For purposes of this Agreement, "Confidential Information" shall include all written, oral, electronic, or visually observed data that the Disclosing Party deems proprietary or confidential, including but not limited to:
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Business plans
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Recipes and proprietary food preparation techniques
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Customer lists and data
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Supplier information
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Financial projections
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Marketing strategies
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Operational processes and procedures
2. Purpose of Disclosure
The purpose of disclosing Confidential Information under this Agreement is to explore potential business collaborations, partnerships, or investment opportunities between the parties involved.
3. Obligations of the Receiving Party
The Receiving Party hereby agrees to:
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Maintain the confidentiality of the Confidential Information using the same degree of care as it uses to protect its own confidential information, but in no event less than a reasonable standard of care.
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Use the Confidential Information solely for the Purpose defined in Section 2.
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Restrict disclosure of the Confidential Information solely to employees, agents, or third parties who need to know such information for the Purpose, and who are bound by confidentiality obligations at least as stringent as those in this Agreement.
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Not disclose or use the Confidential Information without the Disclosing Party's prior written consent, except as specifically permitted in this Agreement.
4. Exceptions to Confidential Information
The obligations of confidentiality shall not apply to information that:
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Was in the Receiving Party's possession prior to disclosure by the Disclosing Party, as evidenced by written records.
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Is or becomes publicly known without breach of this Agreement.
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Is lawfully received from a third party without restriction on use or disclosure.
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Is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information.
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Is required to be disclosed by law or court order, provided that the Receiving Party gives prompt notice to the Disclosing Party and cooperates in any legal action to limit the scope of such disclosure.
5. Term and Termination
This Agreement shall commence on the date first written above and shall continue in effect for a period of [DURATION] or until terminated by either party with thirty (30) days' prior written notice.
6. Governing Law and Jurisdiction
This Agreement shall be governed by, and construed in accordance with, the laws of the State of [State], without regard to its conflict of laws principles. Any disputes arising out of or in connection with this Agreement shall be resolved in the courts located in [City], [State], and the parties consent to the exclusive jurisdiction of such courts.
7. Miscellaneous
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written. No amendment or modification of this Agreement shall be binding unless in writing and signed by both parties.
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable, and the invalid or unenforceable provision shall be deemed modified to the extent necessary to make it valid and enforceable.
The failure of either party to enforce any provision of this Agreement shall not constitute a waiver of that provision or any other provision of this Agreement.
IN WITNESS WHEREOF, the parties have executed this Non-Disclosure Agreement as of the date first above written.
[Your Company Name]
By:
[Your Name]
[Title]
[Month Day, Year]
[Your Partner Company Name / Second Party]
By:
[Full Name]
[Title]
[Month Day, Year]