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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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1993-08-01
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NON-DISCLOSURE AGREEMENT
______________, and ______________, agree:
______________ and ______________ may from time to time
disclose to one another certain confidential information or trade
secrets generally regarding _____________________________.
______________ and ______________ agrees that they shall not
disclose the information so conveyed, unless in conformity with
this agreement. Both parties shall limit disclosure to their
officers and employees with a reasonable "need to know" the
information, and shall protect the same from disclosure with
reasonable diligence.
As to all information which each party claims is confidential,
they shall reduce the same to writing prior to disclosure and
shall conspicuously mark the same as "confidential," "not to be
disclosed" or with other clear indication of its status. If the
confidential information which is disclosed is not in written
form, for example, a machine or device, the parties shall be
required prior to or at the same time that the disclosure is made
to provide written notice of the secrecy claimed by the party. The
parties agree upon reasonable notice to return the confidential
tangible material provided by the other party upon reasonable
request.
The obligation of non-disclosure shall terminate when if any of
the following occurs:
(a) The confidential information becomes known to the public
without the fault of the party receiving disclosure, or;
(b) The information is disclosed publicly by the party disclosing,
or ;
(c) a period of ___ months passes from the disclosure, or;
(d) the information loses its status as confidential through no
fault of the party receiving disclosure.
In any event, the obligation of non-disclosure shall not apply to
information which was known to a party prior to the execution of
this agreement.
Dated: _______________________________
________________________________________________
________________________________________________