Non Disclosure Agreement

This Non-Disclosure Agreement (“Agreement”) is made between Cotton Bags Manufacturing (“Disclosing Party”) and the recipient (“Receiving Party”). The Receiving Party agrees to the following terms and conditions:

  1. Confidential Information: The Disclosing Party may disclose confidential and proprietary information to the Receiving Party. This includes, but is not limited to, trade secrets, manufacturing processes, product designs, customer lists, pricing information, and any other proprietary information related to the production and business operations of Cotton Bags Manufacturing.
  2. Obligations of the Receiving Party: The Receiving Party agrees to:

    a) Maintain Confidentiality: The Receiving Party shall maintain the confidentiality of all information received from the Disclosing Party. They will not disclose, distribute, or make available any confidential information to any third party without the prior written consent of the Disclosing Party.

    b) Limited Use: The Receiving Party shall only use the confidential information for the purpose of evaluating potential business collaborations or partnerships with Cotton Bags Manufacturing. They shall not use the information for any other purpose or exploit it for their own benefit.

    c) Protection of Confidential Information: The Receiving Party shall take all reasonable measures to protect the confidentiality and integrity of the disclosed information. This includes implementing appropriate security measures and ensuring that only authorized individuals have access to the information.

    d) Return or Destruction: Upon request or termination of any business discussions between the parties, the Receiving Party shall promptly return or destroy all confidential information, including any copies or extracts thereof.

  3. Exclusions from Confidentiality: The obligations of confidentiality do not extend to information that:

    a) Is already in the public domain at the time of disclosure or becomes publicly available without breach of this Agreement;

    b) Was lawfully obtained by the Receiving Party from a third party without any obligation of confidentiality;

    c) Was independently developed by the Receiving Party without reference to the confidential information provided by the Disclosing Party;

    d) Is required to be disclosed by law, court order, or government regulation, provided that the Receiving Party provides prompt notice to the Disclosing Party to allow them an opportunity to seek a protective order.

  4. Term and Termination: This Agreement shall remain in effect for a period of [duration] from the date of signing or until terminated by either party. Either party may terminate this Agreement with written notice to the other party. The obligations of confidentiality shall survive the termination of this Agreement.
  5. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of [jurisdiction]. Any disputes arising from or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts in [jurisdiction].