SayPro Research Royalty Non-Disclosure Agreement (NDA)
1. Parties
This Agreement is entered into by and between:
- SayPro Research Royalty, hereafter referred to as “Disclosing Party”
- [Recipient Name], hereafter referred to as “Receiving Party”
2. Purpose
The Receiving Party agrees to receive confidential information from the Disclosing Party solely for the purpose of participating in or supporting SayPro Research Royalty initiatives, projects, or related activities.
3. Definition of Confidential Information
“Confidential Information” means all non-public, proprietary, technical, financial, operational, and strategic data disclosed in any form (written, oral, electronic, or other) related to SayPro Research Royalty.
4. Obligations of Receiving Party
- Maintain confidentiality of all Confidential Information.
- Use the Confidential Information only for the stated Purpose.
- Not disclose Confidential Information to any third party without prior written consent from the Disclosing Party.
- Take reasonable security measures to protect Confidential Information.
5. Exclusions
Confidential Information does not include information that:
- Was publicly known at the time of disclosure or becomes public through no fault of the Receiving Party.
- Was already known to the Receiving Party prior to disclosure.
- Is independently developed by the Receiving Party without use of or reference to the Confidential Information.
- Is required to be disclosed by law or court order (with prior notice to Disclosing Party).
6. Term
This Agreement remains in effect for a period of [X] years from the date of signing, or until the Confidential Information no longer qualifies as confidential, whichever is later.
7. Return or Destruction of Information
Upon request, the Receiving Party shall return or destroy all Confidential Information in their possession.
8. No License or Ownership
Nothing in this Agreement grants any license or ownership rights to the Receiving Party in the Confidential Information.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Applicable Jurisdiction].
10. Signatures
Disclosing Party (SayPro Research Royalty) | Receiving Party (Recipient) |
---|---|
Name: ___________________________ | Name: _________________________ |
Title: ___________________________ | Title: ________________________ |
Signature: _______________________ | Signature: ____________________ |
Date: ___________________________ | Date: _________________________ |
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