Mutual Non-Disclosure Agreement
1. Parties and purpose
This mutual non-disclosure agreement (the Agreement) is made between ______________ and ______________ (each a Party, together the Parties). The Parties intend to exchange information for the following purpose: ______________ (the Purpose). Each Party may disclose information (as Discloser) and receive information (as Recipient).
2. Confidential Information
Confidential Information means any non-public information disclosed by or for a Party to the other in connection with the Purpose, in any form (written, oral, visual or electronic), that is marked or identified as confidential or that a reasonable person would understand to be confidential. It does not include information that the Recipient can show: (a) is or becomes publicly available without breach of this Agreement; (b) was lawfully known to it before disclosure, free of any duty of confidence; (c) is lawfully received from a third party free of any duty of confidence; or (d) is independently developed without use of the Discloser's Confidential Information.
3. Obligations of the Recipient
The Recipient will: (a) use Confidential Information only for the Purpose; (b) disclose it only to its employees, officers, professional advisers and contractors who need to know it for the Purpose and who are bound by confidentiality duties at least as protective as this Agreement; and (c) protect it with at least the care it uses for its own confidential information, and never less than reasonable care. The Recipient is responsible for any breach of this Agreement by the persons to whom it discloses Confidential Information, and will promptly notify the Discloser on becoming aware of any unauthorised use or disclosure.
4. Required and protected disclosures
The Recipient may disclose Confidential Information to the extent required by law, regulation or an order of a court or competent authority, provided that, where legally permitted, it gives the Discloser prompt written notice so that the Discloser can seek protection, and discloses only what is required. Nothing in this Agreement prevents a Party or any individual from reporting a possible violation of law to a competent authority or from making any disclosure protected by whistleblower laws.
5. Duration, return and destruction
This Agreement covers Confidential Information disclosed for the Purpose before the date of the last signature and during ______________ after that date (the Disclosure Period). The obligations in sections 3 and 4 continue for ______________ after the end of the Disclosure Period, and for trade secrets for as long as they remain trade secrets under applicable law. On the Discloser's written request, the Recipient will promptly return or destroy the Confidential Information and confirm this in writing, except copies it must keep by law or that are held in routine backups, which remain subject to this Agreement.
6. No license, no warranty, no commitment
Confidential Information remains the property of the Discloser. No license or other right is granted, except the limited right to use it for the Purpose. Confidential Information is provided as is, without any warranty as to its accuracy or completeness. Neither Party is obliged to disclose any particular information, to continue discussions or to enter into any further agreement.
7. Remedies and general terms
A breach of this Agreement may cause harm that damages alone cannot adequately remedy, so in addition to any other remedy the Discloser may seek injunctive or other equitable relief from a competent court. This Agreement is the entire agreement of the Parties on its subject, may only be amended in writing signed by both Parties, and may not be assigned without the other Party's written consent. If any provision is unenforceable, the rest remains in force. This Agreement may be signed electronically and in counterparts.
8. Governing law and disputes
This Agreement is governed by the laws of ______________. The Parties will first try to settle any dispute amicably; failing that, the dispute will be submitted to ______________, without prejudice to either Party's right to seek urgent interim relief from any competent court.