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Licensing: Overview | For manufacturers | For licensing agents | Non-disclosure agreement

Non-Disclosure Agreement

NOTE: You must complete ALL fields in order for this form to be valid.

Your E-mail:
(Very important!)

Effective date for this non-disclosure agreement ("Agreement"):
     
          (Today's date: month, day, year)

Name of entity receiving the confidential information ("Receiving Company"):
     

Type of organization:
    Corporation      Partnership      Sole proprietorship

Where your organization is registered:
State/province:
Country:

 

Your principal place of business:

St. address:
City:
State:
Zip:
Country:

This Agreement is in favor of AristoTechnics,™ Inc. ("Disclosing Company"), a State of Illinois Corporation, principal place of business: 737 Danielle Court, Sleepy Hollow, IL 60118 (USA).

  1. For purposes of study and evaluation, the Receiving Company acknowledges that it may be furnished with or may otherwise receive or have access to proprietary information or material which relates to past, present or future products, research and development, inventions, processes, techniques, designs, or technical information and data, marketing plans, financial statements, pro formas, and so on, relating to the business affairs and operations of the Disclosing Company (collectively referred to as the "Confidential Information" or "Information") to sign licensing agreement/s with Disclosing Company involving Disclosing Company’s connector technology, products, inventions, trademarks, trade secrets and know-how or any combination thereof.

  2. The Receiving Company agrees not to disclose the Confidential Information or any discussions or contracts with the Disclosing Company that have occurred or are intended to occur, other than as provided for in this Agreement.

  3. It is acknowledged by the Receiving Company that the Information to be furnished is in all respects confidential in nature, and that any disclosure or use of the same by the Receiving Company, except as provided in this Agreement, may cause serious harm or damage to the Disclosing Company, and its owners and officers. Therefore, the Receiving Company agrees that the Receiving Company will not use the Information furnished for any purpose other than as stated above, and agrees that the Receiving Company will not either directly or indirectly by agent, employee, or representative, disclose this Information, either in whole or in part, to any third party; provided, however that:

    1. The Information furnished may be disclosed only to those directors, officers and employees of the Receiving Company and to the Receiving Company's advisors or their representatives who need such Information for the purpose of evaluating any possible transaction (it being understood that those directors, officers, employees, advisors and representatives will be informed by the Receiving Company of the confidential nature of such Information and will be directed by the Receiving Company to treat such Information confidentially), and

    2. Any disclosure of the Information may be made to which the Disclosing Company consents in writing.

  4. Neither party will take or cause to be taken into any physical forms of Confidential Information (nor make copies of same) without the other party's written permission.

  5. The previously stated obligations do not apply to any Information that:

    1. is publicly known;

    2. is given to a party by someone else who is not obligated to maintain confidentiality; or

    3. a party had already acquired prior to the day this Agreement is signed, as evidenced by documents.

  6. Any and all improvements and changes to Disclosing Company’s intellectual property, prompted by the disclosure of the Confidential Information or any other reason and regardless of origin, shall revert back to the Disclosing Company.

  7. Within three (3) days after the close of the negotiations, the Receiving Company will return to the Disclosing Company all furnished records, reports, documents, and memoranda and will not make or retain any copy of the Confidential Information in any form.

I have carefully reviewed this Agreement and, as an authorized officer of my organization, agree to and accept its terms and conditions. I am executing this Agreement as of the day and year first written above.

Name:

Title:

 

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