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Bosch North America Mutual NDA rev. |
2017.03.31.IPR-NA |
Page 1 of 4 |
MUTUAL NON-DISCLOSURE AGREEMENT |
Between |
AND |
, 2017 |
, 2017 to |
Subject Matter: |
Effective Date of Agreement: Period |
for Exchange of Information: |
Period of Confidentiality: |
____________________________________________________ |
THIS AGREEMENT is made as of the Effective Date of Agreement noted above, by and between the above parties. |
BACKGROUND: |
I. |
The parties desire to have discussions of or relating to the Subject Matter for the purposes of evaluating a possible |
business relationship between them (“Purpose”). |
The parties may extend the Subject Matter or add additional |
parties by executing one or more addenda to this Agreement. |
II. |
Such discussions may involve disclosure by one party to the other party of confidential, proprietary or trade secret |
information of its own or its licensors (“Confidential Information” as defined below), during the Period for Exchange |
of Information. |
III. |
Both parties recognize the value of the Confidential Information and that it is in their mutual best interests to |
maintain the confidential, proprietary and secret nature of the Confidential Information. |
THEREFORE, in consideration of the Subject Matter, and the mutual promises herein, the parties agree as follows: |
1. |
CONFIDENTIAL INFORMATION. |
The term “Confidential Information” as used herein means all nonpublic |
information relating to the Subject Matter that is disclosed by either party, its Affiliates (as defined below), or their |
agents (where applicable, collectively referred to as the “Disclosing Party”), directly or indirectly, in writing, orally |
or by inspection of premises or tangible objects to the other party (the “Recipient”) that is: (i) marked |
confidential or proprietary, or (ii) given the nature of the information or the circumstances surrounding its disclosure, |
reasonably should be deemed confidential. |
Confidential Information includes, but is not limited to documents, |
drawings, models, apparatus, sketches, designs, schedules, product plans, marketing plans, technical procedures, |
manufacturing processes, software, prototypes, samples, methodologies, formulations, trade secrets, patent |
applications, know-how, experimental results, specifications and other business information. |
2. |
PERIOD OF CONFIDENTIALITY AND NON-USE. |
The Recipient will use Confidential Information only in |
connection with the Purpose as set forth in this Agreement. |
Recipient shall use the same degree of care to avoid |
disclosure or use of the Confidential Information as it uses for its own confidential, proprietary and trade secret |
information, but in no case use less than a reasonable degree of care. |
Recipient agrees to limit disclosure of |
Confidential Information to employees and employees of Affiliates having a specific need to know such Confidential |
Information for the Purpose and in the case of Affiliates only to the extent that such Affiliate is under obligation to |
hold such information in confidence and is made aware of these terms and conditions. |
Recipient will not disclose or |
permit access to Confidential Information to contract workers, consultants or contractors of Recipient or its Affiliates |
unless authorized by Disclosing Party in writing and on condition that such persons are bound by obligations of |
confidentiality inuring to the benefit of Disclosing Party and its Affiliates at least as restrictive as these terms and |
conditions. |
Recipient shall not without Disclosing Party’s prior written consent reverse engineer, disassemble or |
decompile any prototypes, software or other objects which embody the Disclosing Party’s Confidential Information |
to obtain access to Disclosing Party’s trade secrets and to the extent such consent is granted Recipient shall |
receive and hold such Confidential Information subject to the terms of this Agreement. |
Bosch Automotive Service Solutions Inc. |
28635 Mound Road |
Warren, Michigan 48092 |
Insert Full Corporate Name and Address of Counterparty |
Insert Field and Scope of Technology |
Date |
Date 2 |
Date 3 |
Period of Confidentiality |
Bosch North America Mutual NDA rev. |
2017.03.31.IPR-NA |
Page 2 of 4 |
3. |
TERM. |
The term of this Agreement shall be for the Period of Exchange set forth above. |
Confidentiality obligations |
shall survive termination of this Agreement for the Period of Confidentiality set forth above unless the Confidential |
Information is a trade secret, in which case the confidentiality obligations shall continue for as long as the |
information is a trade secret. |
Either party may terminate this Agreement upon 30 days prior written notice. |
4. |
NOTICE OF UNAUTHORIZED USE. |
Recipient shall provide written notice to Disclosing Party without undue delay |
of any misuse or misappropriation of Confidential Information which may come to the attention of Recipient. |
The |
Recipient shall cooperate with and aid the Disclosing Party in mitigating and preventing the unauthorized use and |
disclosure and any furtherance thereof. |
5. |
EXCLUSIONS AND EXEMPTIONS. |
Recipient shall have no obligation of confidentiality with respect to any |
information which: |
5.1. |
is already known or in the possession of Recipient or its Affiliate at the time of disclosure as shown by the |
Recipient’s and/or its Affiliates´ files and records prior to the time of disclosure, otherwise than as a result of |
any improper act or omission of Recipient or its Affiliate; or |
5.2. |
is or becomes public knowledge through no wrongful act of Recipient; or |
5.3. |
is rightfully acquired from others who did not obtain it under obligation of confidentiality; or |
5.4. |
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