Harris Texas Confidentiality and Nondisclosure Agreement - Promoter to Owner

State:
Multi-State
County:
Harris
Control #:
US-01757-A
Format:
Word; 
Rich Text
Instant download

Description

The parties have entered into an agreement whereas the first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to engage the second party to evaluate the idea for possible marketing and development. The second party will have no rights, express or implied, to the confidential information except pursuant to the terms of the agreement.

Description of Harris Texas Confidentiality and Nondisclosure Agreement — Promoter to Owner: A Harris Texas Confidentiality and Nondisclosure Agreement is a legal document that establishes a binding contract between a promoter and an owner in Harris County, Texas. This agreement ensures that both parties protect confidential and sensitive information shared during their business relationship. The agreement includes the following essential clauses: 1. Parties: Clearly identifies the promoter and owner involved in the agreement. 2. Purpose: States the purpose of the agreement, typically for the promotion and marketing of a product, event, or business. 3. Confidential Information: Defines what constitutes confidential information, including trade secrets, customer data, business plans, financial information, and proprietary processes. 4. Non-Disclosure Obligations: Outlines the promoter's obligations to keep the confidential information strictly confidential, prohibiting disclosure to any third parties without the owner's prior written consent. 5. Non-Use Obligations: Specifies that the promoter shall not use the confidential information for any purpose other than the agreed-upon promotion activities. 6. Term: Sets the duration of the confidentiality obligations, ensuring that the promoter maintains confidentiality even after the agreement expires or is terminated. 7. Remedies: Specifies the legal remedies available to the owner in case of a breach, including injunctive relief, damages, or specific performance. 8. Governing Law: Determines that the agreement is governed by the laws of Harris County, Texas. Types of Harris Texas Confidentiality and Nondisclosure Agreement — Promoter to Owner: 1. Product Promotion Agreement: Specifically designed for promoters involved in promoting and marketing a particular product or line of products on behalf of the owner. 2. Event Promotion Agreement: Tailored for promoters responsible for marketing and promoting events such as concerts, conferences, or exhibitions. 3. Business Partnership Promotion Agreement: Geared towards promoters partnering with owners to promote and increase the visibility of their businesses. 4. Service Promotion Agreement: Created for promoters engaged in promoting and marketing specific services offered by the owner. These variations of Harris Texas Confidentiality and Nondisclosure Agreements are tailored to the nature of the business relationship between the promoter and owner, ensuring the protection of proprietary information and maintaining confidentiality throughout their collaboration.

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FAQ

NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information. A confidential relationship means one or both parties has a duty not to share that information.

"Recipient" means a party to this agreement that receives or obtains directly or indirectly Confidential Information. "Representative" means, in relation to a party, that party's employees, agents, accountants and lawyers.

Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential?Step 2 - Detail party obligations.Step 3 - Note potential exclusions.Step 4 - Set the term.Step 5 - Spell out consequences.

Disclosing Party means the party disclosing Confidential Information to the other party, including any Affiliate of such other party. Receiving Party means the party receiving Confidential Information from the other party, including any Affiliate of such other party.

Confidentiality agreements, sometimes called secrecy or nondisclosure agreements, are contracts entered into by two or more parties in which some or all of the parties agree that certain types of information that pass from one party to the other or that are created by one of the parties will remain confidential.

Completing the Confidentiality Agreement In the sample agreement, the "Disclosing Party" is the person disclosing secrets, and the "Receiving Party" is the person who receives the confidential information and is obligated to keep it secret.

A bilateral or mutual confidentiality agreement states both parties will not share the other's information. It is most commonly used when two businesses begin working together and agree to protect one another's data.

A nondisclosure agreement (NDA) helps a business protect its trade secrets, among other confidential information. Businesses often maintain valuable and confidential information. This information might include a sales plan, a list of customers, a manufacturing process, or a formula for a soft drink.

Parties The parties to the confidentiality agreement will be the potential buyer and seller. It describes the buyer as the Receiving Party and the seller as the Disclosing Party. In case the buyer has few or no assets, then a guarantor may also be involved.

Exceptions to Confidentiality Obligations Exceptions to Confidentiality Obligations. Exceptions to Confidential Information. General Confidentiality. Cooperation; Confidentiality. Duration of Confidentiality. Noncompetition and Confidentiality. Access to Information; Confidentiality. Waiver of Confidentiality.

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Harris Texas Confidentiality and Nondisclosure Agreement - Promoter to Owner