Contract Drafting India

Ans:  Exclusions from Confidential Information. Receiving Party's obligations under this Agreement do not extend to information that is: (a) publicly known at the time of disclosure or subsequently becomes publicly known through no fault of the Receiving Party; (b) discovered or created by the Receiving Party before disclosure by Disclosing Party: (c) learned by the Receiving Party through legitimate means other than from the Disclosing Party or Disclosing Party's representatives; or (d) is disclosed by Receiving Party with Disclosing Party's prior written approval.

Ans:  Confidential  Information:  The Receiving Party agrees not to disclose, copy, clone, or modify any confidential information related to the Disclosing Party and agrees not to use any such information without obtaining consent. - "Confidential information" refers to any data and/or information that is related to the Disclosing Party, in any form, including, but not limited to, oral or written. Such confidential information includes, but is not limited to, any information related to the business or industry of the Disclosing Party, such as discoveries, processes, techniques, programs, knowledge bases, customer lists, potential customers, business partners, affiliated partners, leads, know how, or any other services related to the Disclosing Party.

Ans:  Remedies:  1.1. Both "Parties" shall be liable for their own losses which arise out of a breach of "Confidential Information". 1.2 One Party can claim damages to the other Party for the amount of loss from breach of information.

  TYPE OF NDA. (check one) -Unilateral. This Agreement shall be considered unilateral. Therefore, the first party shall have sole ownership of the Confidential Information, with the 2nd Party being prohibited from disclosing confidential and proprietary information that is or has been released by the 1st Party. -Mutual. This Agreement shall be considered mutual. Therefore, both Parties shall be prohibited from disclosing confidential and proprietary information that is or has been shared between one another.

Client Briefing- 16:  RELATIONSHIP. The first party's relationship to second party will be described as disclosing party ( first party) and receiving party(second party) and second  party's relationship to first party will also be described as disclosing party( first party)  and receiving party( Second Party).

  SIGNATURE AND DATE:  The Parties hereby agree to the terms and conditions set forth in this Agreement and such is demonstrated throughout their signatures below: DISCLOSING PARTY             RECEIVING PARTY