Texas Non-Disclosure Agreement
This Non-Disclosure Agreement ("Agreement") is made and entered into as of _________ (date) by and between:
Disclosing Party: ________________________________________ (full name, address, city, state, ZIP code)
Receiving Party: ________________________________________ (full name, address, city, state, ZIP code)
This Agreement is governed by the laws of the State of Texas.
The purpose of this Agreement is to protect confidential and proprietary information disclosed by the Disclosing Party to the Receiving Party. Such information may include, but is not limited to:
- Business plans
- Financial information
- Technical data
- Customer lists
- Product designs
In consideration of the mutual covenants contained herein, the parties agree as follows:
- Definition of Confidential Information: For purposes of this Agreement, "Confidential Information" refers to all material disclosed by the Disclosing Party that is marked as confidential or that should reasonably be understood to be confidential under the circumstances.
- Obligations of Receiving Party: The Receiving Party agrees to:
- Maintain the confidentiality of the Confidential Information.
- Use the Confidential Information solely for the purpose of _________ (describe purpose).
- Restrict access to the Confidential Information to those employees or agents who need to know.
- Exclusions from Confidential Information: Confidential Information does not include information that:
- Is or becomes public knowledge through no breach of this Agreement.
- Was known to the Receiving Party prior to disclosure by the Disclosing Party.
- Is received from a third party without breach of any obligation to the Disclosing Party.
- Term: This Agreement will remain in effect for _________ (number) years from the date of disclosure.
- Return of Materials: Upon termination of this Agreement, the Receiving Party shall return or destroy all materials containing Confidential Information.
- No License: Nothing in this Agreement is intended to grant any rights to the Receiving Party under any patent, copyright, or other intellectual property rights of the Disclosing Party.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the date first above written.
Disclosing Party Signature: _______________________________
Date: ___________________________
Receiving Party Signature: _______________________________
Date: ___________________________