NON-DISCLOSURE AGREEMENT.
This Non-Disclosure Agreement (hereinafter referred to as the “Agreement”) is made
between __________________ (hereinafter referred to as the “Company”) and
______________ (hereinafter referred to as the “Mentor”). Together referred to as
“parties”.
The parties agree as follows; –
1. Term.
The parties herein agree that the terms of this Agreement shall exist throughout the
provision of the services herein and even after the termination of this Agreement.
Parties agree that the Mentor shall not receive any compensation for services
rendered pursuant to the terms herein.
2. Confidential Information.
Parties herein agree that Confidential information is proprietary information relating
to the Company’s business, including but not limited to business and financial
records, intellectual property, proprietary data, software developed, and any other
information that is disclosed, that will affect the business of the Company.
The Company and the Mentor agree that all trade secrets and confidential
information disclosed to the developers during this relationship will be kept strictly
confidential and will further provide means to ensure complete protection to the
Company should a question of unauthorized use or disclosure of such information
arise.
The Mentor agrees that the Confidential Information is of extreme value to the
Company and would cause irreparable harm to the Company if disclosed to other
persons or utilized by the Mentor or the Mentors’ agents for unauthorized purposes.
3. Non-Disclosure.
Without the prior written consent of the Company, the Mentor agrees and undertakes
not to; –
i. Disclose any confidential information to any third party;
ii. Make any copies and distribute any document regarded as Confidential
Information;
4. Intellectual Property.
The Company’s ideas and products are intellectual properties that are copyrighted
and trademarked.
5. Dispute/Conflict Resolution.
In the event of a dispute between the parties herein, the parties shall first attempt to
resolve the dispute through mediation. If mediation fails, the dispute shall be referred
to arbitration in accordance with the laws of (insert where the company is located),
whose decision shall be binding.
Parties shall bear their costs for arbitration
6. Governing Law.
This Agreement shall be governed and construed in accordance with the laws of
__________________.
7. Relationship.
The relationship between the parties herein is that of an independent contractor.
Nothing in this Agreement shall be construed as a partnership, joint venture, or
employee.
8. Severability.
If any part of this Agreement is deemed invalid or unenforceable, the same shall be
severed from this Agreement, and the remaining provisions shall continue to be in
effect.
9. Waiver.
The failure of any party to exercise any right or provision of this Agreement shall not
be a waiver of any prior or subsequent rights.
10. Assignment.
The parties herein may not assign or transfer their rights or obligations under this
Agreement without the parties’ prior written consent.
Signed by the Company; –
Name:
_____________________________
Signature:
_________________________
Designation:
_______________________
Date:
______________________________
Signed by the Mentor; –
Name:
_______________________________
Signature:
____________________________
Designation:
_________________________
Date:
________________________________
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