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NDA - L2I - Template
NDA - L2I - Template
NDA - L2I - Template
THIS NON-DISCLOSURE AGREEMENT (“Agreement”) is entered into as of 18th May, 2024 (“Effective Date”), between Learn2Invest
and assigns (“Company” or “Disclosing Party”) and netizenmedia.in (“Darshit Pandey” or “Receiving Party”). Company and XYZ are
individually referred as a “Party” or collectively as “Parties”.
3.Non-use and Non-disclosure: The Receiving Party agrees not to use any Confidential Information for any purpose except to
evaluate and engage in discussions concerning a potential business relationship or for providing agreed services providing services
Receiving Party agrees not to disclose any Confidential Information to third parties. The Receiving Party shall not reverse engineer,
disassemble or decompile any prototypes, software or other tangible objects which embody the Disclosing Party's Confidential
Information and which are provided to the Receiving Party hereunder.
4.Maintenance of Confidentiality Information: The Receiving Party agrees that it shall take all reasonable measures to protect the
secrecy of and avoid unauthorized disclosure and use of the Confidential Information and shall take at least those measures that
Receiving Party takes to protect its own Confidential Information. The Receiving Party shall not make copies of Confidential Information
unless the same are reasonably necessary. The Receiving Party shall immediately notify the Disclosing Party in the event of any
unauthorized use or disclosure of the Confidential Information and reasonably support Disclosing Party in taking necessary remedial
action.
5.No Obligation: Nothing herein shall obligate either party to proceed with any transaction between them nor to disclose the
Confidential Information, and each party reserves the right, in its sole discretion, to terminate the discussions contemplated by this
Agreement concerning the business opportunity. This Agreement shall not create any partnership or other binding business relationship
between the Parties.
6.No Warranty: ALL CONFIDENTIAL INFORMATION IS PROVIDED “AS IS”. THE DISCLOSING PARTY MAKES NO WARRANTIES,
EXPRESS, IMPLIED OR OTHERWISE, REGARDING ITS ACCURACY, COMPLETENESS OR PERFORMANCE.
7.Return/ Destruction: All Confidential Information and all copies thereof which are in the possession of Receiving Party shall be
promptly returned to the Disclosing Party on demand or destroyed in the manner so specified.
8.No License: Nothing in this Agreement is intended to grant any rights to the Receiving Party under any intellectual property rights,
mask work rights of Company, nor shall this Agreement grant Receiving Party any rights in or to Confidential Information, except as
expressly set forth herein.
9.Term: The term of this Agreement shall be till the parties work with each other. The obligations stated in this Agreement shall survive
for three (3) year post termination by 30 days’ notice or expiry of the Agreement.
10.Remedies: The Receiving Party agrees that any violation of this Agreement will cause irreparable injury to the Disclosing Party,
entitling the Disclosing Party to obtain injunctive relief in addition to all legal remedies.
11.Miscellaneous: This Agreement shall be governed by the laws of India without reference to conflict of laws principles and shall be
subject to jurisdiction of courts in Pune, India. This document contains the entire agreement between the Parties with respect to the
subject matter hereof and supersedes all prior commitments/ understanding in this regard. This Agreement may not be amended, nor
any obligation waived, except by a writing signed by both parties hereto. This Agreement may be executed in several counterparts (physical
or electronic form), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
COMPANY Nitizenmedia.in
By:
Darshit Pandey
Address: Gollahalli Main Road, Shikaripalya, Electronics
Office Address: A10-405, Planet Millennium, Pimple Saudagar,
City Phase 1, Electronic City, Bengaluru, Karnataka
Pune 411030, India
560100