The parties desire to enter into discussions and negotiations regarding the purchase of material described in the agreement. The parties agree that any information obtained in the discussions will remain confidential and proprietary. All the terms and conditions of the agreement will be binding upon the successors and assigns of the parties and will survive the execution of the agreement and the termination of the discussions and negotiations between the parties.
Non Disclosure Confidentiality Contract With Nike In Nassau
State:
Multi-State
County:
Nassau
Control #:
US-00456
Format:
Word;
Rich Text
Instant download
Description
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FAQ
What are the two main obligations being exchanged in an NDA? The Discloser agrees to disclose otherwise confidential information to the Receiver; the Receiver agrees not to disclose that confidential information to anyone else.
Nondisclosure obligations In general, recipients of confidential information are subject to an affirmative duty to keep the information confidential, and not to disclose it to third parties except as expressly permitted by the agreement. The recipient's duty is often tied to a specified standard of care.
This Covenant Not to Compete and Non-Disclosure Agreement is executed upon initial employment or upon the EMPLOYEE's advancement with NIKE and is a condition of such employment or advancement.
The obligations of confidentiality herein shall survive the termination of this Agreement and shall continue indefinitely. This clause states that the duty of confidentiality under the agreement has no time limit and continues indefinitely: - There is no set term or expiration for the confidentiality obligations.
NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information. A confidential relationship means one or both parties has a duty not to share that information.
Non-Disclosure Agreements (NDAs) as well as Proprietary Information Agreements (PIAs) and Confidentiality Agreements (CAs) are synonymous terms for legal contracts that protect and govern the exchange of confidential or proprietary information.
As a general concept, non-disclosure agreements, often referred to as NDAs, are agreements between parties that are used to ensure that certain information will remain confidential.
Ing to this, the persons performing the duties are prohibited from collecting, processing, disclosing, making accessible or otherwise using protected personal data without authorisation for a purpose other than that which is part of the respective lawful fulfilment of the duties.
An NDA could be unenforceable if it is too broad, is not for a defined time period, covers information that is not confidential, or asks for illegal conduct.
Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.
