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NON-DISCLOSURE AGREEMENT
THIS AGREEMENT made and entered into this 18th day of July 2014 at New Delhi, India,
BETWEEN
PARTIES
1
Hereinafter also jointly referred to as the Parties and individually referred to as a Party.
Whereas the Disclosing Party has some confidential and/or proprietary information which it
wishes to share with the Recipient. The Recipient understands that any disclosure and/or misuse of
such confidential and /or proprietary information by the Recipient will cause serious loss and
damage to the Disclosing Party.
IN CONSIDERATION of the premises and mutual covenants and obligations contained herein
IT IS HEREBY AGREED as follows:-
Affiliate(s) of a person shall mean any entity which is controlled by such person
or which controls such person or which is under common control with such
person and shall also include any assignees, division, subsidiary, employees,
agents or consultants of such person or entity, or in case such person is an
individual shall also include any direct or indirect associate, employee, agent,
consultant, relative or friend of such person. The terms control shall mean power
to exercise directly or indirectly 50% or more of the voting rights of such person
or power to appoint more than half of the board of directors or power to make
decisions on behalf of such person in any manner.
(b)
2. In connection with the Business Purpose it will be necessary for the Disclosing Party, either
itself or through a third party acting as agent for it, to disclose to the Recipient Confidential
Information of the Disclosing Party, which may be communicated orally, in document form,
by demonstration or otherwise.
3. The Recipient undertakes in respect of Confidential Information for which it is the
recipient:(a)
(b)
not without the Disclosing Party's prior written consent in each case to
communicate or disclose any part of such Confidential Information to any person
except:(i)
(ii)
the Recipient's auditors and professional advisers and any other persons
or bodies having a legal right or duty to have access to or knowledge of
the Confidential Information in connection with the business of the
Recipient;
(iii)
shall use all reasonable endeavors to first inform the Disclosing Party in
writing before any disclosure under such order or obligation is made;
(iv)
to third parties engaged by the Recipient who are concerned with the
Business Purpose and who have been expressly authorized in writing by
the Disclosing Party to receive the Confidential Information prior to
disclosure;
(c)
to ensure that all persons and bodies mentioned in paragraph (b) above are made
aware, prior to the disclosure of such Confidential Information, of the confidential
nature thereof, that they owe a duty of confidence to the Disclosing Party and
agree to hold such Confidential Information in confidence in accordance with the
terms of this Agreement; and to use its reasonable endeavors to ensure that such
persons and bodies comply with such obligations;
(d)
not to use or circulate such Confidential Information within its own organization
except solely to the extent necessary for the purposes of the Business Purpose or
any other purpose the Disclosing Party may hereafter expressly authorize in
writing;
(e)
to use all reasonable endeavors to effect and maintain adequate security measures
to safeguard such Confidential Information from unauthorized access, use and
misappropriation;
(f) to procure at the request of the Disclosing Party for any of those persons and bodies
referred to in paragraph (b) (ii) and (iv) to sign a separate confidentiality
undertaking with the Recipient in such form as the Disclosing Party may
reasonably require prior to giving access to such Confidential Information.
4. The obligations of confidentiality in Clause 3 above shall not apply:(a)
(b)
(ii)
(iii)
(iv)
5. Non-Circumvention Obligations
Notwithstanding anything to the contrary contained in this Agreement:
(a) the Recipient shall not use the Confidential Information in any manner so as to
replicate the business model of the Disclosing Party or any part of the business of the
Disclosing Party, either by itself or through any of its agents, affiliates, officers,
directors, shareholders etc.
(b) the Recipient shall not use shall not use the Confidential Information in any manner
including setting up of any business either by itself or through any of its agents,
affiliates, officers, directors, shareholders etc. that either competes with the business of
the Disclosing Party or is detrimental to the business of the Disclosing Party in any
manner.
(c) the Recipient shall procure the provisions of sub-Clause (a) and (b) above are not
breached through any of their Affiliate(s) and in the event of any such breach the
Recipient and such Affiliate(s) shall be jointly and severally liable to the Disclosing
Party for such breach.
6. Recipient shall defend, indemnify and hold harmless the Disclosing Party, its affiliates,
subsidiaries, successors, assigns, officers, directors and employees, at all times, from and
against any and all claims, demands, damages, assertions of liability whether civil, criminal,
tortuous or of any nature whatsoever, arising out of or pertaining to or resulting from any
breach of undertakings, obligations and representations and warranties made by Recipient
and/or breach of any provisions of this Agreement, but not limited to any claim from third
party pursuant to any act or omission of Recipient in the course of discharge of its
obligations under this Agreement .
7. The Recipient further acknowledges and agrees that no representation or warranty, express
or implied, is or will be made, and no responsibility or liability is or will be accepted by the
Disclosing Party, or by any of its respective directors, officers, staff, faculty or researchers,
as to, or in relation to, the accuracy of completeness of any Confidential Information made
available to the Recipient or its advisers; it is responsible for making its own evaluation of
such Confidential Information.
8. All material containing Confidential Information furnished by or obtained from the
Disclosing Party, including without limitation, magnetic tapes, documents, manuals,
specifications, flowcharts, program listings and data file printouts ("the Materials"), shall be
and remain the property of the Disclosing Party and shall not be reproduced in whole or part
without the Disclosing Party's express written consent. Any copies of the Materials shall
become the Disclosing Party's property and shall contain such copyright and other
proprietary rights notice or legend as appears on the original copy.
9. The Recipient may disclose Confidential Information received from the Disclosing Party to
other members of the Recipient's corporate group for use only in connection with the
Business Purpose and Recipient shall be responsible for observance of the provisions of this
Agreement by such other members of its corporate group.
10. Nothing contained in this Agreement shall be construed as granting to or conferring on the
Recipient any rights by license or otherwise, expressly or impliedly, for any invention,
discovery or improvement made, conceived or acquired prior to or after the date of this
Agreement relating to the Confidential Information of the Disclosing Party.
11. Upon the completion or termination of the Business Purpose, the Recipient shall promptly
deliver up to the Disclosing Party all Materials supplied by the Disclosing Party
incorporating any Confidential Information of the Disclosing Party and all copies thereof
and destroy or erase any Confidential Information contained in any materials and
documentation prepared by or on behalf of the Recipient or recorded in any memory device.
Within fourteen (14) days of such request or completion of the Business Purpose the
Recipient shall certify in writing to the Disclosing Party that it has fully complied with its
obligations under this Clause.
12. Neither Party shall make or permit others to make any reference to the subject matter of the
Agreement, or the Confidential Information or use the name of the other Party in any public
announcements, promotional, marketing or sales materials or efforts without the prior
written consent of the other Party and such consent shall not be unreasonably withheld or
delayed.
13. This Agreement shall become effective from the date of signing of this Agreement
(Effective Date) by the Parties.
14. Nothing in this Agreement is intended to confer any benefit on any third party (whether
referred to herein by name, class, description or otherwise) or any right to enforce any term
of this Agreement.
15. Neither party shall hire or solicit for hire any employee of the other Party, during the validity
of this Agreement and for a period of 2 years after expiry of the Agreement.
16. The Parties acknowledge and agree that: (i) the signing of this Agreement does not
constitute any legal obligation or commitment by either party to pursue, discuss, consider
and/or consummate the Business Purpose and (ii) either party may at any time terminate
negotiations concerning the Business Purpose without any liability to the other party
On behalf of Recipient
Signed:
Signed:
Title:
Title:
Date:
Date:
ANNEXURE A
DESCRIPTION OF BUSINESS PURPOSE Sharing of entire data dump for FY 2013-14 which
has been uploaded on SDMS by NSDC Training Partners.
On behalf of Recipient
Signed:
Signed:
Title:
Title:
Date:
Date: