Generic Shortform NDA

Generic Shortform NDA, updated 6/25/19, 7:27 PM

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GENERIC SHORTFORM NDA

THIS AGREEMENT is made and entered into as of ____________________ (“Effective Date”),
by and between ______________________, of ______________________________________
(“the Disclosing Party”) and ________________________, of
______________________________________ (“the Recipient”) (collectively, “the Parties”).

Purpose for Disclosure (“Business Purpose”):
____________________________________________________________________________


The Parties hereby agree as follows:

1. For purposes of this Agreement, "Confidential Information" shall mean any and all non-public
information, including, without limitation, technical, developmental, marketing, sales, operating,
performance, cost, know-how, business plans, business methods, and process information,
disclosed to the Recipient. For convenience, the Disclosing Party may, but is not required to,
mark written Confidential Information with the legend "Confidential" or an equivalent
designation.

2. All Confidential Information disclosed to the Recipient will be used solely for the Business
Purpose and for no other purpose whatsoever. The Recipient agrees to keep the Disclosing
Party’s Confidential Information confidential and to protect the confidentiality of such
Confidential Information with the same degree of care with which it protects the confidentiality of
its own confidential information, but in no event with less than a reasonable degree of care.
Recipient may disclose Confidential Information only to its employees, agents, consultants and
contractors on a need-to-know basis, and only if such employees, agents, consultants and
contractors have executed appropriate written agreements with Recipient sufficient to enable
Recipient to enforce all the provisions of this Agreement. Recipient shall not make any copies of
Disclosing Party’s Confidential Information except as needed for the Business Purpose. At the
request of Disclosing Party, Recipient shall return to Disclosing Party all Confidential Information
of Disclosing Party (including any copies thereof) or certify the destruction thereof.

3. All right title and interest in and to the Confidential Information shall remain with Disclosing
Party or its licensors. Nothing in this Agreement is intended to grant any rights to Recipient
under any patents, copyrights, trademarks, or trade secrets of Disclosing Party. ALL
CONFIDENTIAL INFORMATION IS PROVIDED "AS IS". THE DISCLOSING PARTY MAKES
NO WARRANTIES, EXPRESS, IMPLIED OR OTHERWISE, REGARDING
NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR ITS ACCURACY, COMPLETENESS
OR PERFORMANCE.

4. The obligations and limitations set forth herein regarding Confidential Information shall not
apply to information which is: (a) at any time in the public domain, other than by a breach on the
part of the Recipient; or (b) at any time rightfully received from a third party which had the right
to and transmits it to the Recipient without any obligation of confidentiality.


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5. In the event that the Recipient shall breach this Agreement, or in the event that a breach
appears to be imminent, the Disclosing Party shall be entitled to all legal and equitable remedies
afforded it by law, and in addition may recover all reasonable costs and attorneys' fees incurred
in seeking such remedies. If the Confidential Information is sought by any third party, including
by way of subpoena or other court process, the Recipient shall inform the Disclosing Party of
the request in sufficient time to permit the Disclosing Party to object to and, if necessary, seek
court intervention to prevent the disclosure.

6. The validity, construction and enforceability of this Agreement shall be governed in all
respects by the law of the state of ________________. This Agreement may not be amended
except in writing signed by a duly authorized representative of the respective Parties. This
Agreement shall control in the event of a conflict with any other agreement between the Parties
with respect to the subject matter hereof.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above
written.
Signature: ____________________________________
Name/Title: _____________________________________
Date: _________________________
Signature: ____________________________________
Name/Title: _____________________________________
Date: _________________________
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