Non-Disclosure Agreement


NON-DISCLOSURE AGREEMENT

 

This Non-Disclosure Agreement is effective as of by and between USLegal, Inc. (the “Company”) and 

(the “Other Party”).

For purposes of this Agreement the following designation will apply (initial only one; if the designation is unclear, designation A will apply):

Application

 

The Disclosing Party is prepared to make available to the Receiving Party certain information, including without limitation non-public, confidential, or proprietary information, in connection with Receiving Party’s evaluation and/or implementation of a business consultation, or other relationship with the Disclosing Party (the “Purpose”). In consideration of the mutual promises and covenants contained in this Agreement, the disclosure of Subject Information (as defined in Paragraph 2 below) to the Receiving Party, any payments made or potentially to be made by the parties, and for other good and valuable consideration and intending to be legally bound hereby, the parties hereto agree as follows:

1. Purpose. The parties desire that the Disclosing Party will make certain Subject Information available to the Receiving Party for use in connection with a potential or actual business relationship elsewhere defined, and that the Receiving Party will protect such Subject Information.

2. Subject Information. For purposes of this Agreement, “Subject Information” means any information disclosed by the Disclosing Party to the Receiving Party, directly or indirectly, in computer files or writing, orally or by drawings, observations or otherwise, that is clearly marked “proprietary,” “confidential” or the like, or that is not so marked but is described as proprietary or confidential by the Disclosing Party at the time of disclosure and is verified as such within 30 calendar days in a writing transmitted to the Receiving Party.

3. Subject Materials. “Subject Materials” means all tangible materials containing Subject Information, including without limitation written or printed documents, computer disks or tapes, and video or audio recordings, whether machine or user readable.

4. Ownership. Unless otherwise agreed in writing, all Subject Information of the Disclosing Party, and all materials (including all documents, drawings, models, apparatus, designs, lists, disks, diskettes, computer memory or storage or other media) furnished to the Receiving Party by the Disclosing Party, will remain the property of the Disclosing Party. Disclosing Party will not furnish to Receiving Party any Subject Information that the Disclosing Party does not have the right to furnish. By disclosing information to Recipient, Disclosing Party does not grant any express or implied right under its patents, copyrights, trademarks, or trade secret information.

5. Use and Handling of Subject Information.

(a) The Receiving Party agrees not to disclose, distribute, disseminate, or otherwise communicate to any third party any Subject Information, and agrees to use any Subject Information only for the Purpose. All Subject Information will be treated by the Receiving Party with at least the same degree of care as the Receiving Party uses to protect its own confidential information (and in any event at least a reasonable degree of care). The Receiving Party will disclose such Subject Information only to its employees, consultants, representatives, agents or other affiliated entities (collectively, the “Representatives”) who are actively and directly involved in the Purpose, have a need to know, and who have either agreed in writing to be bound by the terms of this Agreement, or have received such Subject Information pursuant to the terms of non-disclosure agreements signed by such Representatives that are at least as comprehensive and restrictive as the provisions contained in this Agreement or are otherwise satisfactory to the Disclosing Party.

(b) The Receiving Party will at all times be responsible for the actions of any Representative that are inconsistent with the terms of this Agreement, including former Representatives who no longer have any employment, consulting or other relationship with the Receiving Party or any affiliated entity. The Receiving Party agrees, at its sole expense, to take all reasonable measures, including court proceedings, to restrain the Representatives (including former Representatives) from unauthorized use or disclosure of Subject Information.

(c) The Receiving Party will not rent, sublicense, lease, transfer or assign any rights in the Subject Information in any form to any other person, and will not modify, translate, reverse engineer, decompile, disassemble, create derivative work space upon or copy any software or accompanying documentation that is part of the Subject Information. The Receiving Party will not make any copies of Subject Information received from the Disclosing Party except as necessary for the Purpose, and any copies that are made will be identified and included as Subject Information the same as the original. (d) Nothing in this Agreement shall be deemed to, restrict or limit Disclosing Party from any use or disclosure of the Subject Information (or information contained therein or derived therefrom).

6. Limitation on Obligations. The obligation of the Receiving Party to maintain the confidentiality of any Subject Information will not apply to any specific portion of the Subject Information to the extent that the Receiving Party can document, to the reasonable satisfaction of the Disclosing Party, that such specific portion was

(a) in the public domain through no action of the Receiving Party or its Representatives,

(b) rightfully received from a third party that has the right to furnish it to the Receiving Party without any restriction on use or disclosure,

(c) rightfully known to the Receiving Party without any restriction on use or disclosure prior to its receipt from the Disclosing Party,

(d) generally made available to third parties by the Disclosing Party without any restriction on use or disclosure, or

(e) furnished by the Disclosing Party after receiving written notification from the Receiving Party that the Receiving Party does not desire to receive any further Subject Information.

7. Requests for Disclosure. In the event that the Receiving Party or any of its Representatives receives a request or is required (by deposition, interrogatory, request for documents, subpoena, civil investigative demand or similar process) to disclose any part of the Subject Information, the Receiving Party agrees

(a) to notify immediately the Disclosing Party of the existence and circumstances surrounding such request or requirement,

(b) to consult with the Disclosing Party on the advisability of taking legally available steps to resist or narrow such request or requirement, and

(c) to assist the Disclosing Party at the Disclosing Party’s expense in seeking a protective order or other appropriate remedy. In the event that such protective order or other remedy is not obtained or the Disclosing Party waives compliance with such requirements in writing, the Receiving Party may disclose to any tribunal only that portion of the Subject Information that the Receiving Party has been advised by written opinion of counsel is legally required to be disclosed, and the Receiving Party will not be liable for such disclosure unless such disclosure was caused by or resulted from a previous disclosure by the Receiving Party or its Representatives not permitted by this Agreement.

8. Term and Termination: This Agreement shall be effective as of the Effective Date first written above, and may be terminated immediately with respect to further disclosures upon notice in writing by either party. The Disclosing Party may terminate the use of its Subject Information by the Receiving Party at any time upon written notice without any liability under this Agreement for such termination. Unless sooner terminated, this Agreement shall automatically terminate one year after the Disclosing Party has last disclosed Subject Information to the Receiving Party.

9. Return of Materials. Upon the request of the Disclosing Party, or at such time as the Receiving Party no longer needs the Subject Information for the Purpose (whichever occurs first), the Receiving Party and its Representatives (a) will promptly cease using all Subject Information of the Disclosing Party, (b) will promptly deliver to the Disclosing Party (or, at election of the Disclosing Party, destroy) all Subject Information received from the Disclosing Party, (c) will destroy any other materials (including memoranda, notes and other writings or data, whether tangible or stored in any computer memory or storage medium) containing or reflecting any of the Subject Information (regardless of who prepared such material), and (d) will not retain any copies, extracts or other reproductions (whether tangible or stored in any computer memory or storage medium) of such materials. Compliance with this paragraph will be certified in writing to the Disclosing Party by an authorized officer of the Receiving Party supervising the return and/or destruction of such materials.

10. No Joint Venture, License, Etc. This Agreement is not intended to and will not be construed as creating a joint venture, partnership or other form of business association between the parties, and, except for the use of Subject Information for the limited Purpose set forth in this Agreement. No rights or licenses to any patents, trademarks, copyrights, mask works, trade secrets or other intellectual property rights of the Receiving Party are granted or implied under this Agreement.

11. Warranties. Each Party represents and warrants that it possesses all necessary powers, rights, and authority to lawfully make the disclosures, representations, and warranties provided for in this Agreement.

12. Miscellaneous.

(a) Injunctive Relief: The Receiving Party acknowledges and agrees that any Subject Information that it receives is proprietary to, and a valuable trade secret of, the Disclosing Party, and that any unauthorized use or disclosure in breach of this Agreement will result in irreparable and continuing harm and loss to the Disclosing Party. The Receiving Party acknowledges that such breach of this Agreement cannot be adequately compensated for by money damages, and agrees that specific performance is an appropriate remedy for any breach or threatened breach. Accordingly, the Receiving Party consents to the issuance of any injunctive relief or the enforcement of other equitable remedies against it (without bond or other security) to compel performance of any of the terms of this Agreement.

(b) Entire Agreement: This Agreement states the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, written or oral, with respect to such subject matter. This Agreement will be governed by the laws of the State of Mississippi, notwithstanding any conflicts of laws principles, and the parties consent to the jurisdiction of all federal and state courts in Mississippi.

(c) Successors and Assigns: The Receiving Party may not assign any of its rights or obligations under this Agreement without the prior written consent of the Disclosing Party. This Agreement will be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

(d) Headings, Pronouns & Construction. The headings in this Agreement are inserted for convenience only and are in no way intended to describe, interpret, define, or limit the scope, extent or intent of this Agreement or any provision hereof. All pronouns and only variations thereof shall be deemed to refer to masculine, feminine, or neuter, singular or plural as the identity of the Person or Persons may require. Whenever the singular number is used in this Agreement and when required by the context, the same shall include the plural and vice versa, and the masculine gender shall include the feminine and neuter genders and vice versa.

(e) Amendments and Waivers: This Agreement may not be amended except in writing signed by both parties. Any waiver under this Agreement must be in writing, and no failure or delay in exercising any right, power or privilege will operate as such a waiver.

(f) Litigation: In the event of litigation between the parties alleging any breach of this Agreement, the prevailing party in such litigation shall be entitled to recover its reasonable attorneys’ fees and other reasonable litigation expenses. The “prevailing party” within the meaning of this paragraph includes without limitation a party who agrees to dismiss an action or proceeding upon the other’s payment of the sums allegedly due or upon the other’s performance of the obligation allegedly breached or who obtains substantially the relief it seeks. The parties agree that any such litigation will be brought in a court of competent jurisdiction located in the State of Mississippi.

(g) Remedies Are Cumulative. All remedies, whether under this Agreement, provided by law or otherwise, will be cumulative and not alternative. 

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Signed by Frank Edens
Signed On: May 24, 2017

USLegal, Inc. https://uslegal.com
Signature Certificate
Document name: Non-Disclosure Agreement
Unique Document ID: a458bec743fa9eb130bfc2c16f63147efb6d5185
Timestamp Audit
2017-05-11 21:53:16 CSTNon-Disclosure Agreement Uploaded by Frank Edens - frank.edens@uslegal.com IP 75.144.59.53