Non Disclosure Agreement and Confidentiality for FSG (Fish Stewarding Group / FSG Development/ FSG Living Buildings.
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This Non disclosure Agreement (“Agreement”) is made and entered into as of _______________________(The Effective Date”),
by __________________________________________________________________________________ (“Name”)
with its mailing address: 6586 East Interstate 20, Abilene, Texas, 79601-7640 USA (“Disclosing Party”)
and _________________________________________________________________________________ (“Name”).
with its mailing address: _________________________________________________________ (“Receiving Party”).
All parties (each, a “Party”, and collectively, the “Parties”) desire to explore possible business arrangements (the “Purpose”). In connection with this exploration, Disclosing Party named as Fish Stewarding Group, (also including FSG Development, FSG Living, FSG Living Buildings, as well as the other Divisions and branches under the Fish Stewarding Group) may need to disclose certain of its confidential and proprietary information and materials to Receiving Party. The Parties wish to enter into this Agreement to provide for the protection of such information and materials and to restrict the use and disclosure of such information and materials by the Receiving Party. Now, therefore, in consideration of the mutual promises and obligations contained herein and for other good and valuable consideration, the receipt, adequacy, and sufficiency of which is hereby acknowledged, the Parties mutually agree as follows:
1. Definition of Confidential Information.
For purposes of this Agreement, “Confidential Information” means:
(a) all information and materials identified by the receiving party to this Agreement;
(b) confidential and/or proprietary information and materials disclosed orally or in writing during the term of this Agreement; and
(c) any modifications or derivatives prepared by the Receiving Party that contain or are based upon any Confidential Information obtained from the Disclosing Party, including any analysis, reports, or summaries of the Confidential Information.
This Agreement will commence on the Effective Date and expire on the earlier of
(i) the thirty-sixth-month anniversary thereof; and
(ii) consummation of a transaction between the parties; provided that the obligations of confidentiality and use hereunder shall survive with regard to the Confidential Information.
3. Limitations on Use.
Unless the Disclosing Party expressly authorizes otherwise in advance of such use, the Receiving Party must only use the Confidential Information in connection with the Purpose. Receiving Party may not reverse engineer, decompile, or circum