Mutual Non-Disclosure Agreement
Mutual Non-Disclosure Agreement
This Agreement is made and entered into as of November 20, 2025, by and between [YOUR COMPANY NAME], with a principal place of business at Las Vegas, NV 89101 ("Party 1"), and IdeaMate, with a principal place of business at Atlanta, GA 30301 ("Party 2").
1. Purpose
The purpose of this Agreement is to allow Party 1 and Party 2 to exchange confidential information relating to the development and testing of a joint artificial intelligence project for the purpose of evaluating the feasibility of a potential strategic partnership, while protecting such confidential information from unauthorized use and disclosure.
2. Definition of Confidential Information
"Confidential Information" means any non-public, proprietary information exchanged between the parties in connection with the purpose stated above, whether in written, oral, electronic, or other form. This includes, but is not limited to, business plans, strategies, financial information, technical data, and any other material designated as confidential by the disclosing party.
3. Obligations of the Receiving Party
3.1 Confidentiality
The receiving party agrees to maintain the confidentiality of the Confidential Information and shall not disclose it to any third party without the disclosing party's prior written consent.
3.2 Limitation on Use
The receiving party shall use the Confidential Information solely for the purpose stated in this Agreement and shall not exploit it for any other purpose.
4. Exclusions from Confidential Information
Confidential Information does not include information that:
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is or becomes publicly available without breach of this Agreement;
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was known to the receiving party before the disclosure by the disclosing party;
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is received from a third party without breach of any obligation of confidentiality;
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is independently developed by the receiving party without use of the disclosing party's Confidential Information.
5. Duration
This Agreement shall commence on the Effective Date and continue for a period of 2 years, unless terminated earlier by either party with [number] days' written notice to the other party.
6. Return or Destruction of Materials
Upon termination or expiration of this Agreement, the receiving party shall return or destroy all Confidential Information received from the disclosing party, upon request.
7. No Warranty
All Confidential Information is provided "as is." The disclosing party makes no warranties, express or implied, regarding the accuracy or completeness of the Confidential Information.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Nevada, without regard to its conflict of law principles.
9. Signature/s
IN WITNESS WHEREOF, the parties hereto have executed this Mutual Non-Disclosure Agreement as of the date first above written.
[Your Name]
Lyda Fadel
