Non-Disclosure Agreement

  • MM slash DD slash YYYY
  • THIS AGREEMENT is made and entered into as of by and between SKILLS TO CHANGE  INSTITUTE and/or EMPLOYEES of SKILLS TO CHANGE INSTITUTE, (the "Disclosing  Party"), and 

  • (the "Recipient" or  "Receiving Party"). 

    Throughout the duration of this Agreement, the Disclosing Party may deem it necessary to disclose  or share certain proprietary information with the Recipient. Therefore, in consideration of the  mutual promises and covenants contained within this Agreement, and other good and valuable  consideration, the receipt and sufficiency of which is hereby acknowledged, both parties hereto  agree as follows: 

     

    Confidential Information 

    For all intents and purposes of this Agreement, "Confidential Information" shall mean and include  any data or information that is deemed proprietary to the Disclosing Party and that which is not  generally known to the public, whether in tangible or intangible form, whenever and however  disclosed, including, but not limited to, (i) any form of marketing plan, strategies, financial  information or projections, operations, sales quotes or estimates, business plans, performance  results which may be related to the past, present and/or future business activities of said party, its  subsidiaries and affiliated companies; (ii) plans for products or services, and customer or supplier  lists; (iii) any scientific, technical or data information, invention, design, process, procedure,  formula, improvement, technology or method; (iv) any concepts, reports, data, knowledge, works in-progress, designs, development tools, specifications, computer software, source code, object  code, flow charts, databases, inventions, information and trade secrets, trademarks and copyrights;  and (v) any other information that should reasonably be recognized as confidential information of  the Disclosing Party. Confidential Information need not be novel, unique, patentable,  copyrightable or constitute a trade secret in order to be designated Confidential Information. The  Receiving Party acknowledges that the Confidential Information is proprietary to the Disclosing  Party, has been developed and obtained through great efforts by the Disclosing Party and, as such,  the Disclosing Party regards all of its Confidential Information as trade secrets. 

    Notwithstanding anything in the foregoing statement to the contrary, Confidential Information  shall not include any such information which: (i) was known by the Receiving Party prior to  receiving the Confidential Information from the Disclosing Party; (ii) becomes rightfully known  to the Receiving Party from a third party source not known, after diligent inquiry, by the Receiving  Party to be under an obligation to the Disclosing Party to maintain confidentiality, (iii) is or shall  become publicly available through no fault or failure to act by the Receiving Party in breach of  this Agreement; (iv) is required to be disclosed in a judicial or administrative proceeding, or is  otherwise requested or required to be disclosed by law or regulation, although the requirements of  Compelled Disclosure shall apply prior to any disclosure being made; and (v) is or has been  independently developed by employees, consultants or agents of the Receiving Party without  violation of the herein contained terms and conditions of this Agreement or reference or access to  any Confidential Information. 

     

     

    Confidential Information Disclosure 

    The Disclosing Party may deem it necessary, from time to time, to disclose or make available to  the Receiving Party Confidential Information. It shall then become the responsibility of the  Receiving Party to: (i) limit the disclosure of any Confidential Information belonging to the  Disclosing Party to the Receiving Party's directors, officers, employees, agents or representatives  (collectively herein referred to as "Representatives") who have a need to know such Confidential  Information in connection with the current or contemplated business relationship between the  parties to which this Agreement relates, and only for that purpose; (ii) advise its Representatives  of the proprietary nature of the Confidential Information and of the obligations set forth herein this  Agreement and require such Representatives to keep the Confidential Information confidential;  (iii) shall keep all Confidential Information strictly confidential by way of exercising a reasonable  degree of care, but not less than the degree of care that the Receiving Party would exercise in  safeguarding their own confidential information; and (iv) not disclose any Confidential  Information received to any third parties, unless otherwise provided for herein this Agreement. 

    Therefore, each party shall be responsible for any breach of this Agreement by any of their  respective Representatives. 

     

    Confidential Information Usage 

    The Receiving Party herein agrees to make use of the Confidential Information solely for the  purpose and in connection with the current or contemplated business relationship between both  parties and not for any purpose other than that which has been stipulated and contained herein this  Agreement, unless otherwise authorized by prior written consent by an authorized representative  of the Disclosing Party. There shall be no other right or license, whether expressed or implied, in  the Confidential Information granted to the Receiving Party hereunder. Ownership and title to the  Confidential Information shall remain solely with the Disclosing Party, any and all use of the  Confidential Information by the Receiving Party shall be solely for the benefit of the Disclosing  Party, and any type or manner of improvements or modifications thereof by the Receiving Party  shall remain the sole property of the Disclosing Party. There shall be nothing herein contained that  would be intended to modify the parties' existing agreement that the parties' discussions in  furtherance of a potential business relationship shall herein be governed by Federal Rule of  Evidence 408 – Compromise Offers and Negotiations. 

     

    Induced Disclosure of Confidential Information 

    Notwithstanding anything in the foregoing clauses to the contrary, the Receiving Party may be  compelled to disclose Confidential Information pursuant to any governmental, judicial, or  administrative order, subpoena, discovery request, regulatory request or similar method, provided  that the Receiving Party promptly notifies, to the extent feasible, the Disclosing Party in writing  of any such demand for disclosure so that the Disclosing Party, at its sole expense, may seek to  make such disclosure subject to a protective order or other appropriate remedy to preserve the  confidentiality of the Confidential Information; provided in the case of a broad regulatory request  with respect to the Receiving Party's business (not targeted at Disclosing Party), the Receiving  Party may promptly comply with such request provided the Receiving Party provides (if permitted  by such regulator) the Disclosing Party prompt notice of such disclosure. The Receiving Party  agrees that it shall not oppose and shall cooperate with efforts by, to the extent feasible, the  Disclosing Party with any such request for a protective order or other relief. Notwithstanding the  foregoing, if the Disclosing Party is unable to obtain or does not seek a protective order and the Receiving Party is legally requested or required to disclose such Confidential Information,  disclosure of such Confidential Information may be made without liability. 

     

    Independent Development 

    Receiving Party may currently or in the future be developing information internally, or receiving  information internally, or receiving information from other parties that may be similar to the  Disclosing Party's Confidential Information. Accordingly, nothing in this Agreement will be  construed as a representation or inference that Receiving Party will not develop or have developed  products or services, that, without violation of this Agreement, might compete with the products  or systems contemplated by the Disclosing Party's Confidential Information. 

     

    Term 

    The herein contained Agreement shall remain in effect. Notwithstanding the foregoing, the  parties' duties to maintain in confidence any and all Confidential Information that may have been  disclosed during the term shall thus remain in effect indefinitely. 

     

    No Warranty 

    All Confidential Information is provided by Disclosing Party "AS IS" and without any warranty,  express, implied or otherwise, regarding the Confidential Information's completeness, accuracy or  performance. 

     

    Remedies 

    Both parties to this Agreement acknowledge and agree that the Confidential Information hereunder  this Agreement is of a unique and valuable nature, and that the unauthorized distribution or  broadcasting of the Confidential Information could have the potential to destroy and, at the very  least, diminish the value of such information. The damages that the Disclosing Party could sustain  as a direct result of the unauthorized dissemination of the Confidential Information would be  impossible to calculate. Therefore, both parties hereby agree that the Disclosing Party shall be  entitled to claim injunctive relief that would prevent the dissemination of any Confidential  Information that would be in violation of the terms set forth herein this Agreement. Any such  injunctive relief provided shall be in addition to any other available remedies hereunder, whether  at law or in equity. The Disclosing Party shall be entitled to recover any sustained costs and/or  fees, including, but not limited to, any reasonable attorney's fees which may be incurred while  attempting to obtain any such relief. Furthermore, in the event of any litigation which may be  related to this Agreement, the prevailing party shall be entitled to recover any such reasonable  attorney's fees and expenses incurred. 

     

    Return of Confidential Information 

    Upon completion/expiration or termination of this Agreement, the Receiving Party shall  immediately return and deliver to the Disclosing Party all tangible material and/or information  representing or exemplifying the Confidential Information provided hereunder and all notes,  summaries, memoranda, drawings, manuals, records, excerpts or derivative information deriving  therefrom and all other documents, materials, notes or copies ("Notes") which may have been  converted to any computerized media in the form of any image, data or word processing files either  manually or by image capture or any other form of work product that may be based on or include  any Confidential Information, in whatever form of storage or retrieval, upon the earlier of (i) the  completion or termination of this Agreement or (ii) at such time as the Disclosing Party may so request; provided however that the Receiving Party may retain such of its documents as is  necessary to enable it to comply with its document retention policies. Alternatively, with the prior  written consent of the Disclosing Party, the Receiving Party may immediately destroy (in the case  of Notes, at the Receiving Party's sole discretion) any of the foregoing embodying Confidential  Information (or the reasonably non-recoverable data erasure of computerized data) and, upon  request, certify in writing such destruction by an authorized officer of the Receiving Party  supervising the destruction of the material and or information. 

     

    Notice of Breach 

    The Receiving Party shall immediately notify the Disclosing Party upon discovering any  unauthorized use or disclosure of Confidential Information by the Receiving Party or its  Representatives, or any other breach of this Agreement by the Receiving Party or its  Representatives, and will cooperate with any efforts by the Disclosing Party to assist the Disclosing  Party to regain the possession of its Confidential Information and thus prevent its further  unauthorized use. 

     

    No Legally Binding Agreement for Transaction 

    Both parties hereby agree that neither party shall be under any legal obligation of any kind  whatsoever with respect to a Transaction by virtue of this Agreement, except for the matters  specifically agreed to herein. The parties further acknowledge and agree that each party herein  reserves the right, in their sole and absolute discretion, to reject any and/or all proposals and to  terminate discussions and negotiations with respect to any Transaction at any time. This  Agreement does not create or constitute a joint venture or partnership between the parties. In the  event that a Transaction should go forward, the non-disclosure provisions of any applicable  transaction documents entered into between the parties (or their respective affiliates) for the  Transaction shall supersede this Agreement. Should and such provision not be provided or  stipulated in said transaction documents, then this Agreement shall be the controlling instrument. 

     

    Warranty 

    Each party herein warrants that it has the right and authorization to make such disclosures under  this Agreement. NO WARRANTIES ARE MADE BY EITHER PARTY UNDER THIS  AGREEMENT WHATSOEVER. The parties acknowledge that although they shall each endeavor  to include in the Confidential Information any and all information that they each believe relevant  for the purpose of the evaluation of a Transaction, the parties understand that no representation or  warranty as to the accuracy or completeness of the Confidential Information is being made by  either party as the Disclosing Party. Furthermore, neither party is under any obligation contained  within this Agreement to disclose any Confidential Information it chooses not to disclose. Neither  party hereto shall have any liability to the other party, or to the other party's Representatives,  resulting from any use of the Confidential Information except with respect to the disclosure of  such Confidential Information in violation of this Agreement.  

     

    Entire Agreement 

    This Agreement constitutes the entire understanding between the parties and supersedes any and  all prior or contemporaneous understandings and agreements, whether oral or written, between the  parties, with respect to the subject matter hereof. This Agreement can only be modified by a written  amendment signed by the party against whom such enforcement is sought.

     

    Governing Laws 

    The validity, construction and performance of this Agreement shall be governed and construed in  accordance with the laws of or any applicable federal laws or statutes applicable to contracts made  and to be wholly performed within such state, without giving effect to any form of conflict of law  provisions thereof. The Federal and State courts located in shall have sole and exclusive  jurisdiction over any disputes arising under the terms of this Agreement. 

     

    Waiver of Contractual Right 

    Any such failure by either party to enforce the other party's strict performance of any provision of  this Agreement shall not constitute a waiver of its right to subsequently enforce such provision or  any other provision of this Agreement.  

     

    Severability 

    Although the restrictions herein contained in this Agreement are considered by the parties to be  reasonable for the purpose of protecting the Confidential Information, if any such restriction is  found by a court of competent jurisdiction to be unenforceable, such provision will be modified,  rewritten or interpreted to include as much of its nature and scope as will render it enforceable. In  the event it cannot be so modified, rewritten or interpreted to be enforceable in any respect, it will  not be given effect, and the remainder of the Agreement shall be enforced as if such provision was  not included. 

     

    Notices 

    Any notices or communications required or permitted to be given hereunder may be delivered by  hand, deposited with a nationally recognized overnight carrier, emailed, or mailed by certified  mail, return receipt requested, postage prepaid, in each case, to the aforementioned address of the  other party, or any such other address or addressee as may be furnished by a party in accordance  with this paragraph. All such notices or communication shall be deemed to have been given and  received (i) in the case of personal delivery or email, on the date of said delivery, (ii) in the case  of delivery by a nationally recognized overnight carrier, on the third business day following  dispatch, and (iii) in the case of mailing, on the seventh business day following such mailing. 

     

    Transfer or Assign 

    This Agreement is personal in nature, and neither party may directly or indirectly assign or transfer  it by operation of law or otherwise without the prior written consent of the other party, whose  consent shall not be unreasonably withheld. All obligations contained in this Agreement shall  extend to and be binding upon the parties to this Agreement and their respective successors, assigns  and designees. 

     

    Miscellaneous 

    The receipt of Confidential Information pursuant to this Agreement shall not prevent or in any way  limit either party from: (i) developing, making or marketing products or services that are or may  be competitive with the products or services of the other, or (ii) providing products or services to  other who compete with the other.

     

    Paragraph headings used in this Agreement are for reference only and shall not be used or relied  upon in the interpretation of this Agreement. 

     

    IN WITNESS THEREOF, the parties hereto have executed this Agreement as of the  aforementioned effective date. 

     

    Recipient of Confidential Information: 

     

  • MM slash DD slash YYYY