Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Confidential Information Agreement
This Confidential Information Agreement (the “Agreement”) is made and entered into as of {{effective_date}} (the “Effective Date”) by and between {{company_name}}, a company duly organized and existing under the laws of {{country}} (the “Disclosing Party”), having its principal place of business at {{company_address}}, and {{recipient_name}}, residing at {{recipient_address}} (the “Receiving Party”).
1. Definition of Confidential Information
For the purposes of this Agreement, “Confidential Information” shall include all non-public information, whether written, oral, visual, electronic or in any other form, disclosed by the Disclosing Party to the Receiving Party, directly or indirectly, including, but not limited to, trade secrets, business plans, financial data, customer lists, marketing strategies, product development, technical specifications, software, artistic works, operational methods, and any other information designated as confidential by the Disclosing Party. Confidential Information does not include information that: (a) is or becomes publicly available through no fault of the Receiving Party; (b) was known to the Receiving Party prior to its disclosure by the Disclosing Party, as evidenced by written records; (c) is rightfully obtained by the Receiving Party from a third party without breach of any confidentiality obligation; or (d) is independently developed by the Receiving Party without reference to the Disclosing Party’s Confidential Information.
2. Obligations of Receiving Party
The Receiving Party agrees to: (a) hold the Confidential Information in strict confidence and take all reasonable precautions to protect such information; (b) not disclose the Confidential Information to any third party without the prior written consent of the Disclosing Party; (c) not use the Confidential Information for any purpose other than the fulfillment of {{purpose_of_disclosure}} (the “Permitted Purpose”); (d) take all necessary measures to prevent any unauthorized disclosure or use of the Confidential Information; and (e) limit access to the Confidential Information to those of its employees, agents, or representatives who have a need to know such information for the Permitted Purpose and who are bound by confidentiality obligations no less stringent than those contained herein.
3. Term and Termination
This Agreement shall commence on the Effective Date and shall remain in full force and effect for a period of {{term_duration}} years, or until such time as the Confidential Information no longer qualifies as confidential under the terms of this Agreement, whichever is later. The obligations of confidentiality set forth in this Agreement shall survive the termination or expiration of this Agreement for a period of {{post_termination_duration}} years.
4. Return of Confidential Information
Upon the Disclosing Party’s written request, or upon the termination or expiration of this Agreement, the Receiving Party shall promptly return to the Disclosing Party all Confidential Information, including all copies, reproductions, summaries, analyses, and extracts thereof, or, at the Disclosing Party’s option, destroy all such Confidential Information and certify such destruction in writing to the Disclosing Party. The Receiving Party may retain one copy of the Confidential Information for its legal archives, subject to the continuing confidentiality obligations hereunder.
5. Remedies
The Receiving Party acknowledges that any disclosure or unauthorized use of the Confidential Information would cause irreparable harm to the Disclosing Party for which monetary damages alone would not be an adequate remedy. In addition to any other remedies available at law or in equity, the Disclosing Party shall be entitled to seek injunctive relief to prevent actual or threatened breaches of this Agreement and to specific performance of the terms of this Agreement.
6. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of {{country}}. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by the courts of {{city}}, {{country}}.
7. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, of the parties. No modification, amendment or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.
Signature Block
IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective Date.
DISCLOSING PARTY:
_____________________________
By: {{disclosing_party_signature}}
Name: {{disclosing_party_name}}
Title: {{disclosing_party_title}}
Date: {{disclosing_party_date}}
RECEIVING PARTY:
_____________________________
By: {{receiving_party_signature}}
Name: {{receiving_party_name}}
Title: {{receiving_party_title}}
Date: {{receiving_party_date}}
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