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Non-Disclosure Agreement Template

This document is a non-disclosure agreement between Makumbi Capital Management and another party. It defines confidential information, excludes some information, and outlines the obligations of the receiving party to maintain confidentiality and return or destroy confidential materials. It also covers various legal aspects such as severability, integration, waiver, and governing law.

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rita nsamya
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0% found this document useful (0 votes)
17 views3 pages

Non-Disclosure Agreement Template

This document is a non-disclosure agreement between Makumbi Capital Management and another party. It defines confidential information, excludes some information, and outlines the obligations of the receiving party to maintain confidentiality and return or destroy confidential materials. It also covers various legal aspects such as severability, integration, waiver, and governing law.

Uploaded by

rita nsamya
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Non-Disclosure Agreement

This Non-Disclosure Agreement (the "Agreement") is made and entered into as of the date of your review of this
document (the “4th July, 2023 “) by and between Makumbi Capital Management (the "Disclosing Party") and
you (the “receiving party ").

1. Definition of Confidential Information. For purposes of this Agreement, "Confidential Information" shall
include all information or material that has or could have commercial value or other utility in the business in
which Disclosing Party is engaged. If Confidential Information is in written form, the Disclosing Party shall label or
stamp the materials with the word "Confidential" or some similar warning. If Confidential Information is
transmitted orally, the Disclosing Party shall promptly provide writing indicating that such oral communication
constituted Confidential Information.

2. Exclusions from Confidential Information. Receiving Party's obligations under this Agreement do not
extend to information that is: (a) publicly known at the time of disclosure or subsequently becomes publicly
known through no fault of the Receiving Party; (b) discovered or created by the Receiving Party before disclosure
by Disclosing Party; (c) learned by the Receiving Party through legitimate means other than from the Disclosing
Party or Disclosing Party's representatives; or (d) is disclosed by Receiving Party with Disclosing Party's prior
written approval.

3. Obligations of Receiving Party. Receiving Party shall hold and maintain the Confidential Information in
strictest confidence for the sole and exclusive benefit of the Disclosing Party. Receiving Party shall carefully
restrict access to Confidential Information to employees, contractors and third parties as is reasonably required
and shall require those persons to sign nondisclosure restrictions at least as protective as those in this
Agreement.
Receiving Party shall not, without the prior written approval of Disclosing Party, use for Receiving Party's benefit,
publish, copy, or otherwise disclose to others, or permit the use by others for their benefit or to the detriment of
Disclosing Party, any Confidential Information. Receiving Party shall return to Disclosing Party any and all
records, notes, and other written, printed, or tangible materials in its possession pertaining to Confidential
Information immediately if Disclosing Party requests it in writing.

4. Time Periods. The nondisclosure provisions of this Agreement shall survive the termination of this
Agreement and Receiving Party's duty to hold Confidential Information in confidence shall remain in effect until
the Confidential Information no longer qualifies as a trade secret or until Disclosing Party sends Receiving Party
written notice releasing Receiving Party from this Agreement, whichever occurs first.

5. Relationships. Nothing contained in this Agreement shall be deemed to constitute either party a partner,
joint venture or employee of the other party for any purpose.
6. Severability. If a court finds any provision of this Agreement invalid or unenforceable, the remainder of
this Agreement shall be interpreted so as best to affect the intent of the parties.

7. Integration. This Agreement expresses the complete understanding of the parties with respect to the
subject matter and supersedes all prior proposals, agreements, representations, and understandings. This
Agreement may not be amended except in writing signed by both parties.

8. Waiver. The failure to exercise any right provided in this Agreement shall not be a waiver of prior or
subsequent rights.

9. Notice of Immunity. Employee is provided notice that an individual shall not be held criminally or civilly
liable under any federal or state trade secret law for the disclosure of a trade secret that is made (i) in
confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (ii)
solely for the purpose of reporting or investigating a suspected violation of law; or is made in a complaint or
other document filed in a lawsuit or other proceeding, if such filing is made under seal. An individual who files a
lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to
the attorney of the individual and use the trade secret information in the court proceeding, if the individual (i)
files any document containing the trade secret under seal; and (ii) does not disclose the trade secret, except
pursuant to court order.

10. Governing Law. This Agreement shall be governed by the laws of Zambia, without reference to its
conflict of laws principles.

If you have any questions or concerns regarding this Agreement, please contact us for clarification.
SIGNED: RITA NSAMYA- CEO

Common questions

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Amendments to the Agreement are only permitted in writing and must be signed by both parties involved. This ensures that any change is mutually agreed upon and documented .

The integration clause states that the agreement supersedes all prior proposals, agreements, representations, and understandings, meaning that it is the complete understanding and negates any prior agreements unless amended in writing by both parties .

The Agreement is governed by the laws of Zambia, which may influence interpretation and enforcement based on specific legal principles and precedents established in that jurisdiction .

The Receiving Party is exempt if the information is publicly known at the time of disclosure, is subsequently publicly known through no fault of Receiving Party, was independently discovered or created before disclosure, was learned through legitimate means other than from the Disclosing Party, or is disclosed with the Disclosing Party’s written approval .

The Receiving Party is required to hold the Confidential Information in strictest confidence, restrict access to necessary parties who must sign similar nondisclosure agreements, not disclose or use the information for their benefit, and return all materials upon request by the Disclosing Party .

If any provision of the agreement is found invalid or unenforceable, the remainder of the agreement should be interpreted to best achieve the intent of the parties, ensuring continued enforceability of the rest of the agreement .

The obligation lasts until the Confidential Information no longer qualifies as a trade secret or until the Disclosing Party provides a written release from the agreement .

An employee can disclose a trade secret in confidence to government officials or an attorney solely for reporting or investigating a suspected violation of law. They can also use it in a lawsuit for retaliation by filing under seal and only disclosing as per court order .

Confidential Information includes all information or material that has or could have commercial value or other utility in the business in which the Disclosing Party is engaged. It must be labeled as 'Confidential' if in written form or indicated as such in writing if transmitted orally .

Waiving a right under the agreement does not constitute a waiver of any prior or subsequent rights, meaning each right remains enforceable independently unless expressly waived again .

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