Confidentiality, Non-Disclosure & Non-Compete Agreement Template printable pdf download

CONFIDENTIALITY, NON-DISCLOSURE & NON-COMPETE AGREEMENT

________________________________________________, hereafter referred to as INVENTOR and

________________________________________________, hereafter referred to as RECIPIENT, agree:

The parties intend to engage in discussion and/or negotiations regarding certain new and useful business

opportunities, trade secrets, economic studies, inventions and/or scientific information; the rights relate to

such information, generally regarding (Title of Invention) ______________________________________

shall be as follows:

INVENTOR claims sole rights to the information and INVENTOR is willing to disclose the same, in

consideration of the following covenants and agreements made by RECIPIENT:

RECIPIENT shall hold in confidence all of such information and shall not directly or indirectly disclose

to others such information. RECIPIENT shall protect such information from disclosure by reasonable

means, including but not limited to at least the same level of security that RECIPIENT uses for their own

most crucial proprietary and trade secret information.

Further, RECIPIENT agrees that it shall not use any advantages derivable from such information in their

own business or affairs, unless the same is pursuant to an agreement with INVENTOR.

Additionally, any improvements made as a result of the disclosure by RECIPIENT shall be disclosed to

INVENTOR and RECIPIENT further agrees to assign such improvements to INVENTOR and to execute

any and all further documents as may be requested by INVENTOR to perfect the rights of INVENTOR to

such information.

The obligations of confidentiality shall not apply to any information which was already known to

RECIPIENT at the time of disclosure; was already published at the time of disclosure or that was

disclosed by a third party prior to the disclosure by INVENTOR, provided that the third party had

authority to make such disclosure. RECIPIENT shall notify INVENTOR, in writing, within 10 days of

receipt of this disclosure, the information disclosed by INVENTOR which RECIPIENT claims falls under

the provisions of this paragraph related to earlier knowledge, publication or prior disclosure.

The obligations of confidentiality will cease at such time when the information becomes generally known

through no fault of RECIPIENT, or upon voluntary disclosure of such information by INVENTOR to the

public, or after 1 year from the date this agreement was signed.

RECIPIENT

INVENTOR

Signed______________________________

Signed_________________________________

Date________________________________

Date___________________________________

INVENTOR Contact Information:

Phone_______________________________

Address________________________________

Email_______________________________

City/State/Zip___________________________

Confidentiality, Non-Disclosure & Non-Compete Agreement Template