This form is used when an Owner owns and possesses proprietary information which includes, but is not limited to: data, know how, formulas, processes, designs, sketches, photographs, plans, drawings, specifications, samples, reports, customer lists, price lists, studies, findings, formulas, inventions, ideas, etc. User desires to obtain and make use of the Information with the understanding that the trade secret, confidential, and proprietary status of the Information is to be maintained.
The Harris Texas Nondisclosure Agreement Concerning Information Furnished to User is a legal document designed to protect confidential information disclosed by one party (referred to as the "Disclosing Party") to another party (the "Receiving Party") in Harris County, Texas. This agreement ensures that any information shared between the parties remains strictly confidential and prohibits the Receiving Party from disclosing or using the information for any purpose other than what is agreed upon. Key terms within the Harris Texas Nondisclosure Agreement include: 1. Confidential Information: This refers to the information provided by the Disclosing Party, which may include trade secrets, proprietary information, financial data, customer lists, marketing strategies, technical specifications, or any other sensitive details that are not publicly available. 2. Non-Disclosure Obligations: The Receiving Party agrees to keep the Confidential Information confidential and not disclose it to any third party without the prior written consent of the Disclosing Party. This obligation also extends to the Receiving Party's employees, contractors, or representatives who need access to the information for the agreed-upon purpose. 3. Permitted Use: The Receiving Party may only use the Confidential Information for the specific purpose outlined in the agreement. Any other use or exploitation of the information is strictly prohibited unless authorized in writing by the Disclosing Party. 4. Term and Termination: The agreement specifies the duration of the Nondisclosure Agreement, including any post-termination obligations that the Receiving Party must adhere to. The parties may also include provisions for early termination under certain circumstances. 5. Remedies: The agreement may outline the remedies available to the Disclosing Party in case of a breach, such as injunctive relief, monetary damages, or specific performance. The Receiving Party may also be responsible for covering legal fees and costs incurred by the Disclosing Party in enforcing the agreement. Different types of Harris Texas Nondisclosure Agreements may include variations based on the specific nature of the professional relationship or industry involved. Below are a few examples: 1. Employee Nondisclosure Agreement: This agreement is used when an employer wants to protect its proprietary information, trade secrets, or other sensitive data from being shared or used by its employees for personal or competing business purposes. 2. Vendor or Supplier Nondisclosure Agreement: Businesses often enter into such agreements with their vendors or suppliers to ensure that any confidential information shared during collaborations or transactions remains confidential and is not shared with competitors or unauthorized parties. 3. Partnership Nondisclosure Agreement: When two or more parties are considering entering into a partnership or exploring a joint venture, this agreement can be used to protect the exchange of sensitive information and prevent any party from misusing or disclosing it to others. Overall, the Harris Texas Nondisclosure Agreement Concerning Information Furnished to User serves as a crucial legal tool to safeguard confidential information and maintain the trust and integrity between the Disclosing Party and the Receiving Party throughout their professional relationship.The Harris Texas Nondisclosure Agreement Concerning Information Furnished to User is a legal document designed to protect confidential information disclosed by one party (referred to as the "Disclosing Party") to another party (the "Receiving Party") in Harris County, Texas. This agreement ensures that any information shared between the parties remains strictly confidential and prohibits the Receiving Party from disclosing or using the information for any purpose other than what is agreed upon. Key terms within the Harris Texas Nondisclosure Agreement include: 1. Confidential Information: This refers to the information provided by the Disclosing Party, which may include trade secrets, proprietary information, financial data, customer lists, marketing strategies, technical specifications, or any other sensitive details that are not publicly available. 2. Non-Disclosure Obligations: The Receiving Party agrees to keep the Confidential Information confidential and not disclose it to any third party without the prior written consent of the Disclosing Party. This obligation also extends to the Receiving Party's employees, contractors, or representatives who need access to the information for the agreed-upon purpose. 3. Permitted Use: The Receiving Party may only use the Confidential Information for the specific purpose outlined in the agreement. Any other use or exploitation of the information is strictly prohibited unless authorized in writing by the Disclosing Party. 4. Term and Termination: The agreement specifies the duration of the Nondisclosure Agreement, including any post-termination obligations that the Receiving Party must adhere to. The parties may also include provisions for early termination under certain circumstances. 5. Remedies: The agreement may outline the remedies available to the Disclosing Party in case of a breach, such as injunctive relief, monetary damages, or specific performance. The Receiving Party may also be responsible for covering legal fees and costs incurred by the Disclosing Party in enforcing the agreement. Different types of Harris Texas Nondisclosure Agreements may include variations based on the specific nature of the professional relationship or industry involved. Below are a few examples: 1. Employee Nondisclosure Agreement: This agreement is used when an employer wants to protect its proprietary information, trade secrets, or other sensitive data from being shared or used by its employees for personal or competing business purposes. 2. Vendor or Supplier Nondisclosure Agreement: Businesses often enter into such agreements with their vendors or suppliers to ensure that any confidential information shared during collaborations or transactions remains confidential and is not shared with competitors or unauthorized parties. 3. Partnership Nondisclosure Agreement: When two or more parties are considering entering into a partnership or exploring a joint venture, this agreement can be used to protect the exchange of sensitive information and prevent any party from misusing or disclosing it to others. Overall, the Harris Texas Nondisclosure Agreement Concerning Information Furnished to User serves as a crucial legal tool to safeguard confidential information and maintain the trust and integrity between the Disclosing Party and the Receiving Party throughout their professional relationship.