This is a nondisclosure agreement that is to be used in technology transactions. It concerns the use and confidentiality of "evaluation material" between the target company and a company seeking a transaction with that company.
Utah Unilateral Nondisclosure Agreement for Use in Technology Transactions
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US-TC0305
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How to fill out Unilateral Nondisclosure Agreement For Use In Technology Transactions?
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FAQ
I agree that I will not, during my employment with the Company, improperly use or disclose any proprietary information or trade secrets of my former or concurrent employers or companies, if any, and that I will not bring onto the premises of the Company any unpublished document or any property belonging to my former or ...
The two main types of NDAs are Unilateral and Mutual. Unilateral NDAs are used when only one party is disclosing information such as an employer, a startup or a company to an employee, investor or consultant respectively. On the other hand, a mutual NDA is used when both parties are disclosing confidential information.
When an NDA has only one disclosing and one receiving party, it's called a one-way NDA. A one-way NDA is the simplest NDA type. It prohibits the receiver from sharing confidential business information with third parties and determines the consequences of doing so.
In addition, prior to any disclosure of such Confidential Information to any such employee, officer or director, such employee, officer or director shall be made aware of the confidential nature of the Confidential Information and shall execute, or shall already be bound by, a non-disclosure agreement containing terms ...
You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.
How to write a non-disclosure agreement: What's included? Introduction. Definition of confidential information. How to handle confidential information. Exclusions from confidential information. Obligations of receiving party. Duration of agreement. Resolving disputes. Integration.
I shall return to Company all documents and property of Company, even if not marked ?confidential? or ?proprietary,? including but not necessarily limited to: drawings, blueprints, reports, manuals, correspondence, customer and/or investor lists, computer programs, and all other materials and all copies thereof ...
A mutual non-disclosure agreement between individuals is a contract between two parties analyzing a potential business deal or some other potential merger that may have a collective benefit to both parties.