This Non-Disclosure Agreement (“Agreement”) is made between [Your Company Name] (“Disclosing Party”) and the undersigned party (“Receiving Party”) in connection with the disclosure of confidential information related to the national flag manufacturing business.
- Definition of Confidential Information Confidential Information refers to any proprietary, confidential, or trade secret information disclosed by the Disclosing Party to the Receiving Party. This may include, but is not limited to, manufacturing processes, designs, product specifications, business plans, customer lists, pricing information, and any other information designated as confidential by the Disclosing Party.
- Obligations of the Receiving Party The Receiving Party agrees to: a. Maintain the confidentiality of the Disclosing Party’s Confidential Information with the same degree of care and protection as it would apply to its own confidential information. b. Use the Confidential Information solely for the purpose of evaluating potential business collaboration or partnership with the Disclosing Party. c. Limit access to the Confidential Information to its employees, agents, or representatives on a need-to-know basis, and ensure they are bound by similar confidentiality obligations. d. Not disclose, sell, transfer, or otherwise provide access to the Confidential Information to any third party without the prior written consent of the Disclosing Party. e. Take all reasonable measures to protect the Confidential Information from unauthorized access, use, or disclosure.
- Exclusions from Confidentiality Obligations The Receiving Party’s confidentiality obligations shall not apply to Confidential Information that: a. Was already known to the Receiving Party prior to its disclosure by the Disclosing Party. b. Is or becomes publicly available through no fault of the Receiving Party. c. Is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information. d. Is lawfully obtained from a third party without breach of any confidentiality obligations.
- Term and Termination This Agreement shall remain in effect for a period of [duration]. Either party may terminate this Agreement upon written notice if there is a material breach of the terms contained herein. Upon termination, the Receiving Party shall promptly return or destroy all Confidential Information received from the Disclosing Party.
- Governing Law and Jurisdiction This Agreement shall be governed by and construed in accordance with the laws of [jurisdiction]. Any disputes arising out of or in connection with this Agreement shall be resolved exclusively by the courts of [jurisdiction].
- Entire Agreement This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior discussions, agreements, or understandings, whether written or oral.