This Non-Disclosure Agreement (the “Agreement”) is entered into between [Your Company Name] (“Disclosing Party”) and the undersigned individual or entity (“Receiving Party”) for the purpose of protecting confidential information related to the production and manufacturing of Flip Flops.
- Definition of Confidential Information “Confidential Information” refers to any and all proprietary and non-public information, including but not limited to trade secrets, manufacturing processes, designs, product specifications, pricing information, customer lists, business strategies, and any other information disclosed by the Disclosing Party to the Receiving Party, whether orally, in writing, or in any other tangible or intangible form.
- Obligations of the Receiving Party 2.1 Confidentiality The Receiving Party agrees to maintain the strict confidentiality of all Confidential Information received from the Disclosing Party. The Receiving Party shall not disclose, share, distribute, reproduce, or otherwise make available any Confidential Information to any third party without the prior written consent of the Disclosing Party.
2.2 Use of Confidential Information The Receiving Party shall use the Confidential Information solely for the purpose of evaluating or engaging in business discussions regarding the production and manufacturing of Flip Flops. The Receiving Party shall not use the Confidential Information for any other purpose without the express written consent of the Disclosing Party.
2.3 Safeguarding Confidential Information The Receiving Party agrees to exercise reasonable measures to protect the confidentiality of the Confidential Information. This includes implementing appropriate security measures to prevent unauthorized access, ensuring that only authorized individuals have access to the Confidential Information, and promptly notifying the Disclosing Party of any unauthorized disclosure or use of the Confidential Information.
- Exceptions The obligations of confidentiality and non-disclosure shall not apply to any information that:
- Is already known to the Receiving Party at the time of disclosure.
- Is or becomes publicly available without breach of this Agreement.
- Is received by the Receiving Party from a third party without restriction on disclosure.
- Is independently developed by the Receiving Party without reference to the Confidential Information.
- Term and Termination This Agreement shall remain in effect for a period of [duration of the agreement], unless terminated earlier by either party upon written notice. The obligations of confidentiality and non-disclosure shall survive the termination of this Agreement.
- 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 subject to the exclusive jurisdiction of the courts of [jurisdiction].
By signing below, the Receiving Party acknowledges that they have read, understood, and agreed to the terms and conditions of this Non-Disclosure Agreement.