Amusement Park Non-Disclosure Agreement
Amusement Park Non-Disclosure Agreement
This Non-Disclosure Agreement (the "Agreement") is entered into as of [Month Day, Year] (the "Effective Date"), by and between:
[Your Company Name]
Address: [Your Company Address]
Email: [Your Company Email]
Phone: [Your Company Number]
(hereinafter referred to as the "Disclosing Party")
AND
[Receiving Party's Name]
Address: [Receiving Party's Address]
Email: [Receiving Party's Email]
Phone: [Receiving Party's Number]
(hereinafter referred to as the "Receiving Party")
WHEREAS, the Disclosing Party possesses certain confidential and proprietary information (the "Confidential Information") that it intends to disclose to the Receiving Party for the purpose of exploring a potential business relationship regarding the operations of the amusement park.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:
1. Definition of Confidential Information
For the purposes of this Agreement, "Confidential Information" includes all written, electronic, or oral information disclosed by the Disclosing Party to the Receiving Party that is identified as confidential at the time of disclosure. This includes, but is not limited to:
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Business Plans: Detailed descriptions of the amusement park's strategic goals, target markets, competitive analysis, and operational strategies.
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Financial Data: Information regarding revenues, expenses, profit margins, budgets, and financial projections for the amusement park.
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Marketing Plans: Strategies for advertising, promotions, customer engagement, and public relations specific to the amusement park.
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Customer Information: Data on customer demographics, preferences, and feedback gathered through surveys, loyalty programs, and social media interactions.
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Technical Specifications: Detailed designs and concepts for rides and attractions, including engineering drawings, safety protocols, and technical manuals.
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Intellectual Property: Any proprietary software, algorithms, system architectures, or other creations unique to the amusement park.
2. Obligations of the Receiving Party
The Receiving Party agrees to:
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Confidentiality: Keep the Confidential Information confidential and not disclose it to any third parties without the prior written consent of the Disclosing Party. This includes sharing with employees or contractors who do not need to know the information to perform their duties.
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Limited Use: Use the Confidential Information solely for the purpose stated in this Agreement. The Receiving Party shall not use the information for any other purpose, including competing against the Disclosing Party.
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Protection Measures: Take all reasonable steps to protect the confidentiality of the Confidential Information, which shall be at least as protective as the steps the Receiving Party uses to protect its own confidential information. This may include securing documents, restricting access to digital files, and ensuring employees are aware of confidentiality obligations.
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No Reproduction: Not copy or reproduce any Confidential Information without the prior written consent of the Disclosing Party, except as necessary to fulfill the purpose of this Agreement. If copies are made, they should be clearly marked as confidential.
3. Exclusions from Confidential Information
The obligations of confidentiality shall not apply to information that:
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Public Knowledge: Is or becomes publicly known through no fault of the Receiving Party. This means information that has been made available to the general public without any wrongdoing by the Receiving Party.
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Third-Party Disclosure: Is received from a third party without breach of any obligation of confidentiality. The Receiving Party must confirm that the third party has the right to disclose the information.
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Independent Development: Is independently developed by the Receiving Party without reference to the Confidential Information. The Receiving Party must provide evidence of this independent development if questioned.
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Legal Requirements: Is required to be disclosed by law, regulation, or court order, provided that the Receiving Party gives the Disclosing Party prompt written notice of such requirement and cooperates in seeking a protective order or similar remedy. This ensures the Disclosing Party has an opportunity to contest the disclosure if desired.
4. Term
This Agreement shall commence on the Effective Date and continue for a period of [three (3) years], unless terminated earlier by either party with [thirty (30) days] written notice to the other party.
The obligations of confidentiality with respect to Confidential Information disclosed during the term of this Agreement shall survive its termination for a period of [five (5) years]. This means that even after the Agreement ends, the Receiving Party is still obligated to protect any Confidential Information disclosed during the term.
5. Ownership
All Confidential Information disclosed under this Agreement shall remain the property of the Disclosing Party. No license or other rights to the Confidential Information are granted or implied by this Agreement, except for the limited rights expressly granted herein. This clause clarifies that the Receiving Party does not gain any ownership or rights to the Confidential Information.
6. No Waiver
No waiver of any term or condition of this Agreement shall be deemed a waiver of any other term or condition, and no waiver shall be effective unless in writing and signed by both parties. This ensures that any leniency shown does not set a precedent for future agreements.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of law principles. This specifies which state’s laws will apply to any disputes arising under this Agreement.
8. Miscellaneous
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Entire Agreement: This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior agreements or understandings, whether written or oral, relating to such subject matter. This prevents either party from claiming that previous discussions or agreements should take precedence.
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Amendments: This Agreement may not be amended or modified except in writing signed by both parties. Any changes must be documented to be enforceable.
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Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. This ensures that if one part of the Agreement is struck down, the rest still applies.
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Binding Effect: This Agreement shall inure to the benefit of and be binding upon the parties and their respective successors and assigns. This means that the Agreement is enforceable not just by the original parties, but also by their successors.
9. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the Effective Date.
[Your Company Name]
By:
[Your Name]
[Title]
[Month Day, Year]
[Receiving Party's Name]
By:
[Full Name]
[Title]
[Month Day, Year]