Intellectual Property NDA Template
Intellectual Property NDA Template
Signing in duplicate for a single effect implies that both THE RECIPIENT and THE DISCLOSER retain a legally valid copy of the agreement, ensuring mutual acknowledgment and responsibility. This formality confirms authenticity and equality in document retention, minimizing disputes over contractual content and commitments .
The parties must return any documentation and information provided in any format, as well as any copies, upon the termination of the relationship for any reason. This return is part of the duty of confidentiality under the agreement .
In case of a breach where the RECIPIENT discloses or uses the information contrary to the agreement, the RECIPIENT must indemnify THE DISCLOSER for any resulting damages. This indemnification is irrespective of any civil or criminal actions that THE DISCLOSER may take .
The RECIPIENT is obligated to use the information provided by THE DISCLOSER solely for the purpose specified in the agreement, maintain strict confidentiality, and inform employees, associates, and other relevant parties about their duty of confidentiality. The RECIPIENT cannot reproduce, modify, make public, or disclose the information to third parties without prior written authorization from THE DISCLOSER. Additionally, the RECIPIENT must adopt security measures to protect the information as they would their own confidential data .
The confidentiality obligations extend beyond the active contractual period, continuing for a specified duration after the end of the relationship between the parties, ensuring that obligations remain even after direct interactions end .
The RECIPIENT must inform any employees, associates, or other parties connected to them and with access to the confidential information about their confidentiality obligations, ensuring that all related parties are aware and compliant with the agreement .
The inclusion of a choice of jurisdiction clause is significant because it pre-determines the legal jurisdiction and venue where disputes will be resolved, facilitating clearer and quicker conflict resolution. This agreement specifies the Courts and Tribunals of the Federal District as the jurisdiction, with both parties waiving any other jurisdiction .
In cases of legal or regulatory requirements for disclosure, THE RECIPIENT must notify THE DISCLOSER of such events and must take all possible measures to ensure the information is kept confidential, demonstrating continued protection of THE DISCLOSER’s interests even under compulsory disclosure .
The agreement specifies that the intellectual property rights of the disclosed information belong to THE DISCLOSER. Disclosure of the information to the RECIPIENT does not alter these rights, and any unauthorized use by the RECIPIENT obliges them to indemnify THE DISCLOSER .
The confidentiality obligation does not apply when: (a) the information is public domain at the time it is supplied or becomes public without breach of the agreement; (b) the RECIPIENT was already aware of the information without an obligation of confidentiality prior to signing; and (c) disclosure is required by current legislation or court order, in which case the RECIPIENT must notify THE DISCLOSER and ensure the information is treated confidentially .