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Non-Disclosure Agreement - Knowdal Xponents
Non-Disclosure Agreement - Knowdal Xponents
This Non-Disclosure Agreement (the “Agreement”) is made and entered into this day of
____________, 20___, in _______________ by and between;
and
WITNESSETH: That -
WHEREAS, the parties have determined that it is in their mutual best interest to
exchange business information for the purpose of exploring a possible business relationship
between the parties and have determined to establish terms governing the use and protection of
certain information one party may disclose to the other party, and vice versa.
WHEREAS, the parties warrant that as the authorized representative of their respective
company, together with its affiliates, and subsidiaries, and any subsidiaries or affiliates that may
hereafter be formed and/or acquired, both have access to each party’s respective customer lists
and to confidential and valuable business information, as well as that of its parent company,
affiliates, and subsidiaries, and any subsidiaries or affiliates that may hereafter be formed and/or
acquired.
NOW THEREFORE, for and in consideration of the premises and mutual obligations
contained herein, with the Parties intending to be legally bound, hereby agree as follows:
I. TERM
1. This Agreement shall be for a term of ______ (___) month(s)/year(s) [Indicate and
select period for the Project], effective from _______________, [Insert Date of Effectivity]
1. As used herein:
3. The Receiving Party agrees that: (1) any Confidential Information disclosed
hereunder shall be used by the Receiving Party, except as otherwise required by law,
solely for the purpose of fostering the partnership to and for the benefit of the Disclosing
Party; (2) any Confidential Information disclosed hereunder shall remain at all times the
property of the Disclosing Party; and (3) except as may be required by applicable law or
legal process, it will not distribute, disclose or disseminate such Confidential Information
to anyone, except its employees (including employees of its parent, subsidiaries, and
affiliates) who have a need to know such Confidential Information for the purpose for
which it is disclosed, unless and until such time as:
(c) Such information is or has been lawfully disclosed to the Receiving Party
or its employees by a third party, not employed by or otherwise affiliated with
the Disclosing Party, who is not known by the Receiving Party to be prohibited
by any contractual, legal, or fiduciary obligation from disclosing the same; or
(e) The Disclosing Party has, expressly and in writing, authorized the
communication of the Confidential Information provided that the Receiving
Party has complied with the conditions that such authorization may contain; or
(ii) Consult with the Disclosing Party on what steps should be taken
to avoid or restrict the disclosure of Confidential Information;
(iii) Give the Disclosing Party the chance to defend, limit or protect
itself against disclosure; and
5. Except as may be required by law, the Receiving Party shall not disclose, directly
or indirectly, any Confidential Information and/or use any Confidential Information
other than pursuant to the terms and conditions of its partnership with and for the
benefit the Disclosing Party.
2. The parties shall amicably settle any and all disputes arising between them as a
result of the obligations and performances under this Agreement. If this be impossible,
the matter shall be referred to arbitration before the Philippine Dispute Resolution
Center, Inc. (PDRCI).
3. In the event of failure of arbitration, the parties agree that any action or other
proceeding arising out of or in connection with this Agreement shall be commenced
before the proper court in Makati City, Metro Manila, Philippines to the exclusion of all
other courts of equal and competent jurisdiction.
1. The obligations under this Agreement shall survive the termination of any other
agreement that the parties may have in relation to data gathering and analytics services,
regardless of the manner of or reasons for such termination, and regardless of whether
termination constitutes a breach of this Agreement or of any other agreement.
IN WITNESS WHEREOF, the parties have caused their respective officers to sign this
Non-Disclosure Agreement, on the day and at the place first above written.
ACKNOWLEDGEMENT
All known to me to be the same persons who executed the foregoing instrument which consists
of _______ (____) pages, including this page in which this Acknowledgement is written, and they
hereby acknowledged to me that the same is their free and voluntary act and deed and those of
the corporations they respectively represent.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on
this ___ day of _______________, 20__in ________________