New Jersey Non-Disclosure Agreement
This Non-Disclosure Agreement ("Agreement") is entered into as of [Date] by and between:
[Disclosing Party's Name], with a principal place of business located at [Disclosing Party's Address] ("Disclosing Party")
and
[Receiving Party's Name], with a principal place of business located at [Receiving Party's Address] ("Receiving Party").
Both parties may be referred to individually as "Party" and collectively as "Parties."
This Agreement is governed by the laws of the State of New Jersey.
1. Definition of Confidential Information
"Confidential Information" refers to any data or information, in any form, disclosed by the Disclosing Party that is not generally known to the public, including:
- Business plans
- Technical information
- Financial data
- Product information
2. Obligations of the Receiving Party
The Receiving Party agrees to:
- Keep all Confidential Information confidential.
- Not disclose Confidential Information to any third parties without the prior written consent of the Disclosing Party.
- Use the Confidential Information solely for the purpose of [Specify Purpose].
3. Exclusions from Confidential Information
Confidential Information does not include information that:
- Is already public knowledge.
- Is received from a third party without a breach of any obligation of confidentiality.
- Is independently developed without the use of the Disclosing Party's Confidential Information.
4. Term and Termination
This Agreement shall commence on the date first written above and shall continue for a period of [Specify Duration], unless terminated earlier by either party with [Specify Notice Period] notice to the other party.
5. Return of Materials
Upon termination of this Agreement, the Receiving Party shall return or destroy all materials containing Confidential Information within [Specify Time Frame].
6. Miscellaneous
This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. It constitutes the entire agreement between the Parties regarding the subject matter herein.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the date first above written.
Disclosing Party Signature: _______________________
Name: [Name of Signer]
Title: [Title]
Date: ______________________
Receiving Party Signature: _______________________
Name: [Name of Signer]
Title: [Title]
Date: ______________________