Texas Non-Disclosure Agreement (NDA)
This Non-Disclosure Agreement (the "Agreement") is made and entered into on this ____ day of __________, 20__, by and between:
Disclosing Party: _______________________________
Address: _________________________________________
Email: ___________________________________________
and
Receiving Party: _______________________________
Address: _________________________________________
Email: ___________________________________________
Hereinafter collectively referred to as the "Parties."
This Agreement is governed by the laws of the State of Texas, in accordance with Section 15.002 of the Texas Business and Commerce Code.
1. Definitions
For the purposes of this Agreement, "Confidential Information" shall include:
- All business plans, strategies, and operational methods.
- Technical data and proprietary information.
- Any information disclosed in oral, written, or electronic form.
2. Obligations of the Receiving Party
The Receiving Party agrees to:
- Use the Confidential Information solely for the purpose of evaluating or pursuing a business relationship with the Disclosing Party.
- Keep the Confidential Information confidential and not disclose it to any third party.
- Take reasonable steps to protect the Confidential Information from unauthorized disclosure.
3. Exceptions
The obligations of confidentiality do not apply to information that:
- Is already known to the Receiving Party at the time of disclosure.
- Becomes publicly available through no fault of the Receiving Party.
- Is disclosed with the prior written consent of the Disclosing Party.
4. Term
This Agreement shall commence on the date first above written and shall continue in effect for a period of ____ years, or until terminated by either party with ____ days' written notice.
5. Miscellaneous
This Agreement constitutes the entire understanding between the Parties. No amendment or modification shall be valid unless in writing and signed by both Parties.
IN WITNESS WHEREOF, the Parties hereto have executed this Non-Disclosure Agreement as of the date first above written.
_____________________________
Disclosing Party Signature
_____________________________
Receiving Party Signature