This mutual confidentiality agreement template has 3 pages and is a MS Word file type listed under our legal agreements documents.
Sample of our mutual confidentiality agreement template:
MUTUAL CONFIDENTIALITY AGREEMENT This Mutual Confidentiality Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Recipient"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Informant"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS [YOUR COMPANY NAME] possesses proprietary information pertaining to [SPECIFY], including, but not limited to, date, know-how, patented, patent pending or un-patented inventions, technical, scientific, non-technical and non-scientific materials, and specifications as well as information regarding its corporate business and activities (hereinafter collectively referred to as "[YOUR COMPANY NAME]'S INFORMATION"); WHEREAS [COMPANY NAME] possesses proprietary information concerning [SPECIFY], including, but not limited to, date, know-how, patented, patent pending or un-patented inventions, technical, scientific, non-technical and non-scientific materials, and specifications as well as information regarding its corporate business and activities (hereinafter collectively referred to as "[COMPANY NAME]'S INFORMATION"); WHEREAS [YOUR COMPANY NAME]'S INFORMATION and [COMPANY NAME]'S INFORMATION herein collectively referred to as (the "INFORMATION"); WHEREAS both parties wish to exchange INFORMATION together, the party receiving the INFORMATION shall be hereafter referred to as the "RECIPIENT" and the party disclosing the INFORMATION shall be hereafter referred to as the "INFORMANT"; and WHEREAS [YOUR COMPANY NAME] and [COMPANY NAME] wish to maintain the confidentiality of the INFORMATION which could be disclosed to each other. THEREFORE, THE [COMPANY NAME] AGREE AS FOLLOWS: 1. Subject to the limitation set forth at Article [NUMBER] hereof, the INFORMATION provided to RECIPIENT or to which RECIPIENT has access, with respect to the business and activities of the INFORMANT or of any third party doing business with the INFORMANT shall be considered "Confidential Information". 2. The words "Confidential Information" shall not include information which: (a) is now or hereafter becomes generally available or known to the public, through no fault by RECIPIENT; (b) is known by RECIPIENT before it is disclosed to RECIPIENT under this Agreement, as evidenced by RECIPIENT's written records; or (c) is disclosed to RECIPIENT by a third party not bound by obligations or confidentiality to INFORMANT or to any third party. The onus of proving that any of the above-mentioned exceptions apply is on the RECIPIENT. 3. RECIPIENT can disclose the INFORMATION to its directors, officers, employees and to its subsidiaries or its affiliates directly concerned with the evaluation of the INFORMATION only after such directors, officers, employees, subsidiaries and affiliates have undertaken, in writing, to comply with the obligations undertaken by RECIPIENT under this Agreement. Unless it receives written permission from INFORMANT to disclose, in whole or in part, any Confidential Information to a third party, RECIPIENT shall maintain in confidence, not disclose and not authorize anyone to disclose such Confidential Information. RECIPIENT agrees not to use nor authorize anyone to use any Confidential Information for any purpose not authorized in writing by INFORMANT
