Tennessee Non-Disclosure Agreement
This Non-Disclosure Agreement ("Agreement") is entered into by and between:
Disclosing Party: _________________________
Address: _________________________
and
Receiving Party: _________________________
Address: _________________________
This Agreement is governed by the laws of the State of Tennessee.
The parties acknowledge that the Disclosing Party possesses certain confidential and proprietary information (the "Confidential Information") that the Receiving Party agrees to protect in accordance with the terms of this Agreement.
1. Definition of Confidential Information
For the purposes of this Agreement, "Confidential Information" includes, but is not limited to:
- Business plans and strategies
- Financial information
- Trade secrets
- Product designs
- Customer lists
- Marketing strategies
2. Obligations of the Receiving Party
The Receiving Party agrees to:
- Keep the Confidential Information confidential.
- Not disclose any Confidential Information to third parties without the prior written consent of the Disclosing Party.
- Use the Confidential Information solely for the purpose of _________________________.
- Promptly return or destroy all materials containing Confidential Information upon request.
3. Exceptions
The obligations of the Receiving Party under this Agreement do not extend to information that:
- Was already known to the Receiving Party before disclosure by the Disclosing Party.
- Is or becomes publicly known through no fault of the Receiving Party.
- Is disclosed to the Receiving Party by a third party legally entitled to make such disclosure.
4. Term
This Agreement will commence on the date signed below and remain in effect for _________________________, unless terminated earlier in writing by either party.
5. Governing Law
This Agreement will be governed and construed in accordance with the laws of the State of Tennessee.
6. Signatures
By signing below, the parties acknowledge that they have read, understood, and agree to be bound by the terms of this Non-Disclosure Agreement.
Disclosing Party Signature: _________________________ Date: _________________________
Receiving Party Signature: _________________________ Date: _________________________