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Non Disclosure Agreement Template South Africa Word Free Download

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What is a Non Disclosure Agreement Template South Africa Word Free Download?

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Standard Operating Procedure

Registry ID: TR-NON-DISC

NON-DISCLOSURE AND CONFIDENTIALITY AGREEMENT

THIS AGREEMENT is made and entered into on this ______ day of ____________________, 20____ (the "Effective Date").

BY AND BETWEEN:

1. ________________________________________________ (Registration Number/Identity Number: ____________________) Having its principal place of business at: ______________________________________________________________________ (Hereinafter referred to as the "Disclosing Party")

AND

2. ________________________________________________ (Registration Number/Identity Number: ____________________) Having its principal place of business at: ______________________________________________________________________ (Hereinafter referred to as the "Receiving Party")


1. DEFINITION OF CONFIDENTIAL INFORMATION

For the purposes of this Agreement, "Confidential Information" shall mean any and all information, whether oral, written, electronic, or in any other form, disclosed by the Disclosing Party to the Receiving Party, including but not limited to business plans, financial data, trade secrets, proprietary software, customer lists, marketing strategies, and any other information marked as "confidential" or which, by its nature, should reasonably be understood to be confidential.

2. OBLIGATIONS OF THE RECEIVING PARTY

The Receiving Party agrees: 2.1. To hold all Confidential Information in the strictest confidence and to take all reasonable precautions to protect such information. 2.2. Not to disclose, publish, or otherwise disseminate the Confidential Information to any third party without the prior written consent of the Disclosing Party. 2.3. To use the Confidential Information solely for the purpose of ______________________________________________________________________ (the "Purpose") and for no other purpose. 2.4. To restrict access to the Confidential Information to those employees or agents who have a direct "need to know" and who are bound by confidentiality obligations no less restrictive than those contained herein.

3. EXCLUSIONS

The obligations of confidentiality shall not apply to information that: 3.1. Is or becomes publicly available through no fault of the Receiving Party. 3.2. Was in the possession of the Receiving Party prior to disclosure by the Disclosing Party. 3.3. Is independently developed by the Receiving Party without reference to the Confidential Information. 3.4. Is required to be disclosed by law or by a court of competent jurisdiction.

4. TERM AND TERMINATION

This Agreement shall commence on the Effective Date and shall remain in force for a period of ______ years. The obligations of confidentiality shall survive the termination or expiration of this Agreement for a period of ______ years thereafter.

5. RETURN OF MATERIALS

Upon the written request of the Disclosing Party, the Receiving Party shall promptly return or destroy all documents, records, and copies containing Confidential Information in its possession.

6. REMEDIES

The Receiving Party acknowledges that any breach of this Agreement may cause irreparable harm to the Disclosing Party for which monetary damages may be inadequate. Accordingly, the Disclosing Party shall be entitled to seek injunctive relief in addition to any other remedies available at law.

7. GOVERNING LAW AND JURISDICTION

This Agreement shall be governed by and construed in accordance with the laws of the Republic of South Africa. The parties hereby submit to the exclusive jurisdiction of the courts of ____________________ (City/Province).

8. ENTIRE AGREEMENT

This document constitutes the entire agreement between the parties regarding the subject matter hereof and may only be amended in writing signed by both parties.


IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

FOR AND ON BEHALF OF THE DISCLOSING PARTY:

Signature: __________________________ Name: ______________________________ Designation: ________________________ Date: ______________________________

FOR AND ON BEHALF OF THE RECEIVING PARTY:

Signature: __________________________ Name: ______________________________ Designation: ________________________ Date: ______________________________

AS WITNESSES:

  1. __________________________ (Signature)
  2. __________________________ (Signature)
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