This Non-Disclosure Agreement (hereinafter referred to as the "Agreement") effective this "[Insert Date]" day of "[Insert Month]" , 2006, is by and between [Your company name], an [Your state] corporation (the "Company"), located at [Your address] and [Company] , a [State] corporation, (the "Subcontractor"), whose address is [Address] .
WHEREAS, each party recognizes that it may become exposed to or become informed of confidential and proprietary information and trade secrets of the other party or one of its subsidiaries or affiliates (collectively the "disclosing party"); and
WHEREAS, the parties hereto agree that any disclosures of confidential or proprietary information or trade secrets by the disclosing party to the other party (the "receiving party") shall be made only if in strict compliance with the terms of this Agreement;
NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants hereinafter contained, the parties hereto agree as follows:
1. Each party agrees that all confidential and proprietary information, materials, samples, ideas, documentation and data, including without limitation formulations, specifications, methods of processing and production and marketing, planning and sales information, provided by the disclosing party or acquired by the receiving party from the disclosing party, including any information provided before the execution of this agreement, and all copies thereof (hereinafter collectively referred to as "Confidential Information"), is the disclosing party's confidential and proprietary property and shall be held in strictest confidence by the receiving party. The nature and contents of the Confidential Information shall not be disclosed or used by the receiving party except as provided herein without the prior written permission of an officer of the disclosing party. Confidential Information shall not include... [continues]
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