Non-Disclosure Agreement
State of Texas
Agreement Type
What kind of confidentiality relationship is this?
Briefly describe why confidential information is being shared.
Non-Disclosure Agreement (Mutual) — State of Texas
State of Texas
PARTIES
This Non-Disclosure Agreement ("Agreement") is entered into as of Invalid Date ("Effective Date") by and between:
Party A: [party_a_name], an individual, of [party_a_address], reachable at [party_a_phone] and [party_a_email].
Party B: [party_b_name], an individual, of [party_b_address], reachable at [party_b_phone] and [party_b_email].
PURPOSE
The parties wish to explore, discuss, and/or engage in the following business purpose, which may require the disclosure of certain confidential and proprietary information (the "Purpose"): [purpose].
CONFIDENTIAL INFORMATION
"Confidential Information" means the following, disclosed by either party in connection with the Purpose: [confidential_description].
Without limiting the foregoing, Confidential Information specifically includes: [specific_examples].
Confidential Information does NOT include information that: (a) is or becomes publicly available through no fault of the receiving party; (b) was already known to the receiving party prior to disclosure, free of any confidentiality obligation; (c) is independently developed by the receiving party without use of the Confidential Information; or (d) is rightfully received from a third party without restriction.
OBLIGATIONS
Both parties may disclose Confidential Information to the other in connection with the Purpose. Each party, when receiving Confidential Information from the other, agrees to: (a) hold it in strict confidence; (b) use it solely for the Purpose; (c) not disclose it to any third party without prior written consent; and (d) protect it with at least the same degree of care used to protect its own confidential information, but no less than reasonable care.
PERMITTED DISCLOSURES
Nothing in this Agreement prevents disclosure of Confidential Information to the extent required by law, regulation, or valid court order, provided the disclosing recipient gives prompt written notice to the other party (where legally permitted) so that a protective order or other remedy may be sought.
Nothing in this Agreement is intended to, or shall, prevent either party from reporting possible violations of law to any governmental agency, or from discussing wages, hours, or working conditions as protected under applicable federal or state law.
TERM AND SURVIVAL
This Agreement shall remain in effect for 2 year(s) from the Effective Date. The confidentiality obligations herein shall survive termination of this Agreement for an additional 2 year(s).
REMEDIES
A breach of this Agreement may cause irreparable harm for which monetary damages alone would be an inadequate remedy.
Accordingly, the non-breaching party shall be entitled to seek injunctive relief, in addition to any other remedies available at law or in equity, without the need to post a bond.
GENERAL PROVISIONS
This Agreement shall be governed by the laws of the State of Texas, without regard to conflict of laws principles.
This Agreement constitutes the entire agreement between the parties regarding its subject matter and supersedes all prior negotiations, understandings, or agreements.
Any modifications to this Agreement must be in writing and signed by both parties.
If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Neither party shall assign this Agreement without the prior written consent of the other party.
State-Required Provisions
TEXAS TRADE SECRETS (TUTSA — Tex. Civ. Prac. & Rem. Code ch. 134A): "Confidential Information" and "trade secret" under this Agreement shall be construed consistently with the definitions in the Texas Uniform Trade Secrets Act. In the event of actual or threatened misappropriation, the disclosing party is entitled to seek injunctive relief and any other remedies available under TUTSA, including recovery of damages and, in cases of willful and malicious misappropriation, exemplary damages and attorney's fees.
Signatures
Party A: [party_a_name]
Date: ________________
Party B: [party_b_name]
Date: ________________
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