This form is a "Residuals" Clause for Basic Nondisclosure Agreement usable in agreements regarding nondisclosure of licensing, patents, or commercial trade secrets. The residuals clause allows some disclosures of confidential information under certain limited circumstances.
Bronx, New York: Bronx is a borough located in New York City, known for its vibrant culture, rich history, and diverse communities. It is the northernmost borough of New York City and is separated from Manhattan by the Harlem River. Bronx is home to notable attractions such as the Bronx Zoo, Yankee Stadium, and the New York Botanical Garden. Residuals Clause for Basic Nondisclosure Agreement: A residuals' clause is an essential component of a basic nondisclosure agreement (NDA) designed to protect confidential or proprietary information. The clause specifies how the receiving party should handle residual information they may retain after the termination of the NDA. Residuals broadly refer to information that is unaided by the disclosed material but is independently developed by the receiving party's employees or contractors. In the context of Bronx, New York, a residuals' clause for a basic nondisclosure agreement may include the following provisions: 1. Standard Residuals Clause: This type of residuals clause states that any residual information resulting from the receiving party's exposure to the disclosed information will not be considered confidential or proprietary. The clause ensures that the receiving party can freely utilize residual knowledge developed during the agreement term without any restrictions. 2. Limited Residuals Clause: This variant of the residuals' clause permits the retaining of residual information only for a specific period after the termination of the NDA. It may specify that the receiving party must destroy or return any residual information within a defined timeframe. 3. Exclusionary Residuals Clause: These residuals' clause prohibits the use or disclosure of any residual information, thus treating all information received under the NDA as strictly confidential, regardless of its origin or development. 4. Restrictive Residuals Clause: In certain cases, a residuals' clause may be more restrictive, limiting the usage of residual information strictly to the purpose of the original agreement. This ensures that any residual knowledge acquired cannot be leveraged or applied in unrelated contexts. When incorporating a residuals' clause into a basic nondisclosure agreement in Bronx, New York, it is essential to consult legal professionals familiar with local laws and regulations to ensure compliance and determine the most appropriate type of clause for your specific needs and circumstances.Bronx, New York: Bronx is a borough located in New York City, known for its vibrant culture, rich history, and diverse communities. It is the northernmost borough of New York City and is separated from Manhattan by the Harlem River. Bronx is home to notable attractions such as the Bronx Zoo, Yankee Stadium, and the New York Botanical Garden. Residuals Clause for Basic Nondisclosure Agreement: A residuals' clause is an essential component of a basic nondisclosure agreement (NDA) designed to protect confidential or proprietary information. The clause specifies how the receiving party should handle residual information they may retain after the termination of the NDA. Residuals broadly refer to information that is unaided by the disclosed material but is independently developed by the receiving party's employees or contractors. In the context of Bronx, New York, a residuals' clause for a basic nondisclosure agreement may include the following provisions: 1. Standard Residuals Clause: This type of residuals clause states that any residual information resulting from the receiving party's exposure to the disclosed information will not be considered confidential or proprietary. The clause ensures that the receiving party can freely utilize residual knowledge developed during the agreement term without any restrictions. 2. Limited Residuals Clause: This variant of the residuals' clause permits the retaining of residual information only for a specific period after the termination of the NDA. It may specify that the receiving party must destroy or return any residual information within a defined timeframe. 3. Exclusionary Residuals Clause: These residuals' clause prohibits the use or disclosure of any residual information, thus treating all information received under the NDA as strictly confidential, regardless of its origin or development. 4. Restrictive Residuals Clause: In certain cases, a residuals' clause may be more restrictive, limiting the usage of residual information strictly to the purpose of the original agreement. This ensures that any residual knowledge acquired cannot be leveraged or applied in unrelated contexts. When incorporating a residuals' clause into a basic nondisclosure agreement in Bronx, New York, it is essential to consult legal professionals familiar with local laws and regulations to ensure compliance and determine the most appropriate type of clause for your specific needs and circumstances.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.