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Non-Disclosure Agreement Template

This Non-Disclosure Agreement (NDA) is between InnovateTech Inc. and DevPartner LLC, effective April 14, 2025, to protect confidential information shared for evaluating a potential business relationship. The Receiving Party must maintain confidentiality, not disclose information without consent, and use it solely for evaluation purposes. The agreement lasts for two years, with confidentiality obligations extending five years beyond termination.

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0% found this document useful (0 votes)
6 views2 pages

Non-Disclosure Agreement Template

This Non-Disclosure Agreement (NDA) is between InnovateTech Inc. and DevPartner LLC, effective April 14, 2025, to protect confidential information shared for evaluating a potential business relationship. The Receiving Party must maintain confidentiality, not disclose information without consent, and use it solely for evaluation purposes. The agreement lasts for two years, with confidentiality obligations extending five years beyond termination.

Uploaded by

laukejas
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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NON-DISCLOSURE AGREEMENT (NDA)

This Non-Disclosure Agreement ("Agreement") is entered into as of April


14, 2025 ("Effective Date"), by and between:

Disclosing Party: InnovateTech Inc., a corporation organized and existing


under the laws of the State of California, with a principal office located at
101 Future Blvd, Silicon Valley, CA.

Receiving Party: DevPartner LLC, a limited liability company with a


principal office located at 202 Code Street, Techville, NY.

WHEREAS, the Disclosing Party possesses certain confidential and


proprietary information;

WHEREAS, the Receiving Party is willing to receive disclosure of the


Confidential Information pursuant to the terms of this Agreement for the
purpose of evaluating a potential business relationship.

NOW, THEREFORE, in consideration of the mutual covenants and


promises herein contained, the parties agree as follows:

1. DEFINITION OF CONFIDENTIAL INFORMATION

For purposes of this Agreement, "Confidential Information" means any


data or information, oral or written, disclosed by the Disclosing Party to
the Receiving Party that is not generally known to the public and that the
Receiving Party understands is proprietary.

2. OBLIGATIONS OF RECEIVING PARTY

The Receiving Party shall:

 Maintain the confidentiality of the Confidential Information;

 Not disclose the Confidential Information to any third party without


the prior written consent of the Disclosing Party;

 Use the Confidential Information solely for the evaluation of the


potential business relationship.

3. EXCLUSIONS FROM CONFIDENTIAL INFORMATION

Confidential Information does not include information that:

 Is or becomes publicly known through no breach of this Agreement;


 Is received from a third party without breach of any obligation of
confidentiality;

 Is independently developed by the Receiving Party.

4. TERM

This Agreement shall remain in effect for a period of two (2) years from
the Effective Date. The obligation to protect Confidential Information shall
survive termination of this Agreement for a period of five (5) years.

5. NO LICENSE

Nothing in this Agreement grants the Receiving Party any rights in or to


the Confidential Information except as expressly set forth herein.

6. RETURN OF MATERIALS

Upon request, the Receiving Party agrees to return or destroy all materials
containing Confidential Information.

7. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with


the laws of the State of California.

IN WITNESS WHEREOF, the parties hereto have executed this Non-


Disclosure Agreement as of the Effective Date.

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