SayPro Research Royalty

SayPro Research Royalty — Non-Disclosure Agreement (NDA) Overview

Purpose

To protect confidential and proprietary information exchanged between SayPro Research Royalty and involved parties during research, collaboration, or project activities.

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Key Elements of the NDA

1. Parties Involved
   • Define SayPro Research Royalty as the Disclosing Party.
   • Define the collaborating individual/entity as the Receiving Party.
2. Definition of Confidential Information
   • Specify what constitutes confidential info: research data, methodologies, intellectual property, trade secrets, business plans, unpublished results, etc.
   • Exclude publicly available or independently developed information.
3. Obligations of Receiving Party
   • Maintain confidentiality and restrict disclosure.
   • Use information solely for agreed research or project purposes.
   • Protect information with reasonable care.
4. Duration of Confidentiality
   • Specify the period confidentiality must be maintained (e.g., during collaboration and for 2-5 years after).
5. Permitted Disclosures
   • Allow disclosures only to authorized personnel under similar confidentiality obligations.
   • Require prior written consent for other disclosures.
6. Return or Destruction of Information
   • Obligate the return or destruction of confidential materials upon request or project completion.
7. Consequences of Breach
   • Outline remedies for breach, including legal action and indemnification.
8. Miscellaneous
   • Governing law and jurisdiction.
   • No license or transfer of ownership implied.
   • Amendment procedures.

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Signing and Execution

• Both parties sign and date the agreement.
• Keep copies securely stored within SayPro’s legal and research administration teams.