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KENYATTA UNIVERSITY Chandra Business Innovations and Incubation Center (CB IIC) INNOVATORS NON DISCLOSURE AGREEMENT (For innovators when joining the Chandra Business Innovation & Incubation Center
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How to fill out Innovators Non Disclosure Agreement.docx:
01
Open the Innovators Non Disclosure Agreement.docx document on your computer using a compatible word processing software.
02
Begin by entering the date at the top of the document, usually located on the right-hand side or beneath the title.
03
Identify the parties involved by inserting the full legal names, addresses, and contact information of the disclosing party (the party revealing confidential information) and the recipient party (the party receiving the confidential information).
04
Specify the purpose of the agreement by clearly articulating the reason for sharing confidential information. This section should clearly state why the disclosing party is sharing confidential information and what the recipient party's responsibilities are in regards to that information.
05
Clearly define what constitutes as "confidential information" in the agreement. This could include trade secrets, proprietary information, intellectual property, customer lists, marketing strategies, or any sensitive information that should not be disclosed to third parties.
06
Outline the obligations of the recipient party regarding the confidential information. This may include keeping the information confidential, using the information only for the agreed-upon purpose, and not disclosing the information to others without the disclosing party's consent.
07
Specify the duration of the non-disclosure agreement, including the start and end dates. This section should clearly state the period during which the recipient party must maintain confidentiality of the disclosed information.
08
Include any additional provisions or clauses relevant to the specific circumstances of the agreement. This could include provisions for return or destruction of confidential information after the agreement ends, non-compete clauses, dispute resolution mechanisms, or any other terms that the parties deem necessary.
09
Review the entire agreement and make any necessary edits or changes. Ensure that all parties involved are in agreement with the content of the agreement.
10
Once the document is finalized, all parties should sign and date the agreement. It is also recommended to have the agreement witnessed or notarized, depending on the legal requirements in your jurisdiction.
Who needs Innovators Non Disclosure Agreement.docx?
01
Entrepreneurs or inventors who have developed new products, technologies, or ideas and need to protect their confidential information when sharing it with potential investors, business partners, or vendors.
02
Startups or small businesses that are in the process of negotiating partnerships, collaborations, or licensing agreements and need to ensure the confidentiality of their trade secrets, proprietary information, or other sensitive data.
03
Any individual or organization that wishes to protect certain confidential information from being disclosed or misused by third parties, as it may result in financial loss, harm to reputation, or other negative consequences.
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What is innnovators non disclosure agreementdocx?
innovators non disclosure agreementdocx is a legal document that outlines confidential information that parties wish to share with each other for certain purposes, but wish to restrict access to by third parties.
Who is required to file innnovators non disclosure agreementdocx?
Any parties involved in sharing confidential information with each other are required to file an innovators non disclosure agreementdocx.
How to fill out innnovators non disclosure agreementdocx?
innovators non disclosure agreementdocx can be filled out by including the names of the parties involved, the confidential information being shared, the purpose of sharing the information, and the consequences of disclosing the information.
What is the purpose of innnovators non disclosure agreementdocx?
The purpose of innovators non disclosure agreementdocx is to protect confidential information from being disclosed to unauthorized parties.
What information must be reported on innnovators non disclosure agreementdocx?
Information such as the names of the parties involved, the confidential information being shared, the purpose of sharing the information, and the consequences of disclosing the information must be reported on an innovators non disclosure agreementdocx.
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