Free Non-Disclosure Agreement for Investors Template
Non-Disclosure Agreement for Investors
This Non-Disclosure Agreement ("Agreement") is made and entered into as of January 1, 2050, by and between [Your Company Name], a corporation duly organized and existing under the laws of North Carolina, with its principal office located at [Your Company Address] ("Disclosing Party"), and Barry Morar, an individual investor residing at Charlotte, NC 28202 ("Receiving Party").
The purpose of this Agreement is to protect the confidentiality of sensitive information provided by the Disclosing Party to the Receiving Party in connection with potential investment opportunities and discussions.
I. Definition of Confidential Information
"Confidential Information" refers to any proprietary, confidential, or non-public information disclosed by the Disclosing Party to the Receiving Party. This includes, but is not limited to:
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Business plans, projections, and strategies
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Financial data, reports, and analyses
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Investor lists and confidential business contacts
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Marketing strategies, product development information, and intellectual property
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Trade secrets, formulas, processes, and procedures
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Other information that is proprietary or that the Disclosing Party considers confidential
Confidential Information does not include information that is:
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Publicly available or becomes publicly available through no fault of the Receiving Party
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Already known to the Receiving Party at the time of disclosure
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Obtained by the Receiving Party from a third party without breach of any confidentiality obligation
II. Obligations of Confidentiality
1. Non-Disclosure
The Receiving Party agrees not to disclose, share, or make available any Confidential Information to third parties, except with the prior written consent of the Disclosing Party. This confidentiality obligation extends to any employee, agent, or affiliate of the Receiving Party who has access to the Confidential Information.
2. Use of Confidential Information
The Receiving Party agrees to use the Confidential Information solely for the purpose of evaluating a potential investment and to refrain from using the Confidential Information for any personal, business, or other commercial purposes.
3. Safeguarding Confidential Information
The Receiving Party will take all necessary steps to protect the Confidential Information from unauthorized disclosure, duplication, or use, employing safeguards that are at least as strict as those used to protect the Receiving Party's own confidential information.
III. Duration of Confidentiality Obligations
The obligations of confidentiality under this Agreement will remain in effect for a period of five (5) years from the date of disclosure of any Confidential Information, or until such information is no longer considered confidential under this Agreement.
IV. Return or Destruction of Confidential Information
Upon the termination of discussions or the decision by the Receiving Party to no longer consider an investment opportunity, the Receiving Party agrees to return or destroy all Confidential Information provided by the Disclosing Party. This includes any documents, digital files, or other materials containing Confidential Information.
V. No License or Ownership Rights
The disclosure of Confidential Information does not grant the Receiving Party any rights, title, or interest in the Confidential Information. All Confidential Information remains the property of the Disclosing Party.
VI. Legal Remedies for Breach
The Receiving Party acknowledges that any unauthorized disclosure or use of the Confidential Information may cause irreparable harm to the Disclosing Party. The Disclosing Party is entitled to seek legal remedies, including injunctive relief, in addition to any other available remedies for breach of this Agreement.
VII. Governing Law
This Agreement will be governed by and construed in accordance with the laws of the State of North Carolina. Any dispute arising from this Agreement shall be subject to the exclusive jurisdiction of the courts in North Carolina.
VIII. Miscellaneous Provisions
1. Entire Agreement
This Agreement constitutes the complete and exclusive understanding between the parties with respect to the subject matter hereof and supersedes all prior agreements, written or oral, concerning the confidentiality of information.
2. Modification
Any amendment or modification of this Agreement must be made in writing and signed by both parties to be effective.
3. Severability
If any provision of this Agreement is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions will continue in full force and effect.
IX. Signatures
By signing below, the parties confirm their acceptance of the terms and conditions of this Non-Disclosure Agreement.
For the Disclosing Party:
Name: [Your Name]
Title: Chief Executive Officer
For the Receiving Party:
Name: Barry Morar
Title: Investor
