This form is a Third- Party Source Code Non-Disclosure Agreement. The licensee acknowledges and agrees that the proprietary information and all other items licensed under the contract and all copies constitute valuable trade secrets of the developer and title to the information remains in the developer. Also, all applicable copyrights, trade secrets, patents and other intellectual and property rights in the proprietary information are to remain in the developer.
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Interesting Questions
It's a good idea to have a lawyer look it over or help you draft it to make sure it's rock-solid and protects your interests.
Definitely! You can tailor the agreement to fit your specific situation and requirements, just make sure you cover all the bases.
The confidentiality usually lasts for a specified time, often several years, but it can differ based on the terms you agree upon.
Absolutely! Once it's signed, it's a binding contract, meaning both parties are on the hook to follow the rules laid out in it.
If someone spills the beans, you can take legal action against them for breaking the agreement and possibly seek damages.
Typically, anyone who has access to your source code, like contractors or partners, should sign this agreement to protect your intellectual property.
Party Source Code Nondisclosure Agreement is a legal document that keeps your confidential code safe and ensures that anyone involved won't share it with others.