The following MNDA is provided for mutual convienence and to establish a business discussion between two parties. Proactive Risk will typically send this to the other party using DocuSign so there will be a electronic record of the action.
Mutual Non-Disclosure Agreement
This Mutual Non-Disclosure Agreement ("Agreement") is entered into as of [Date] by and between [Party 1 Name] and [Party 2 Name] (collectively, the "Parties").
1. Purpose: The Parties wish to engage in discussions regarding their clients and business opportunities (the "Purpose"). In connection with these discussions, each Party may disclose to the other certain confidential and proprietary information.
2. Definition of Confidential Information: For the purposes of this Agreement, "Confidential Information" means any information, whether written, oral, or in any other form, that is disclosed by one Party to the other and is designated as confidential or that should reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.
3. Obligations of Confidentiality: Each Party agrees to:
6. Return of Materials: Upon termination of this Agreement, each Party shall return or destroy all materials containing Confidential Information of the other Party.
7. No License: Nothing in this Agreement shall be construed as granting any rights, by license or otherwise, to any Confidential Information disclosed under this Agreement.
8. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Essex County, NJ.
9. Entire Agreement: This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.
[Party 1 Name]
Signature: __________________________
Name: ______________________________
Title: ______________________________
[Party 2 Name]
Signature: __________________________
Name: ______________________________
Title: ______________________________
This Mutual Non-Disclosure Agreement ("Agreement") is entered into as of [Date] by and between [Party 1 Name] and [Party 2 Name] (collectively, the "Parties").
1. Purpose: The Parties wish to engage in discussions regarding their clients and business opportunities (the "Purpose"). In connection with these discussions, each Party may disclose to the other certain confidential and proprietary information.
2. Definition of Confidential Information: For the purposes of this Agreement, "Confidential Information" means any information, whether written, oral, or in any other form, that is disclosed by one Party to the other and is designated as confidential or that should reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.
3. Obligations of Confidentiality: Each Party agrees to:
- Use the Confidential Information solely for the Purpose.
- Not disclose the Confidential Information to any third party without the prior written consent of the disclosing Party.
- Take reasonable measures to protect the confidentiality of the Confidential Information.
- Is or becomes publicly available through no fault of the receiving Party.
- Is already known to the receiving Party at the time of disclosure.
- Is independently developed by the receiving Party without use of or reference to the disclosing Party's Confidential Information.
- Is rightfully obtained from a third party who has the right to disclose it.
6. Return of Materials: Upon termination of this Agreement, each Party shall return or destroy all materials containing Confidential Information of the other Party.
7. No License: Nothing in this Agreement shall be construed as granting any rights, by license or otherwise, to any Confidential Information disclosed under this Agreement.
8. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Essex County, NJ.
9. Entire Agreement: This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.
[Party 1 Name]
Signature: __________________________
Name: ______________________________
Title: ______________________________
[Party 2 Name]
Signature: __________________________
Name: ______________________________
Title: ______________________________