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NON-DISCLOSURE AND NON-CIRCUMVENTION AGREEMENT This Agreement (this Agreement) dated as of, 2011 is made by and between: (1) Stalwart Contract Finance, LLC, a Utah limited liability company (STALWART);

How to fill out non-disclosure and non-circumvention agreement

How to fill out a non-disclosure and non-circumvention agreement:

1. Begin by clearly identifying the parties involved in the agreement. Include their full legal names and contact information.
2. Define the purpose of the agreement. State the specific information or trade secrets that are intended to be protected, and the reasons for their confidentiality.
3. Outline the terms of non-disclosure. Specify that all parties involved are prohibited from disclosing any confidential information to third parties without prior written consent.
4. Describe the duration of the agreement. Specify the start and end dates during which the non-disclosure obligations will be in effect.
5. Include provisions for non-circumvention. Clarify that the parties agree not to directly or indirectly enter into any business relationships or transactions that circumvent or bypass the disclosing party.
6. Establish the consequences of breaches. State the penalties or damages that may be incurred in case of a breach of the agreement. This may include monetary compensation or injunctive relief.
7. Address any specific additional terms or conditions that are relevant to the agreement, such as limitations on use, return of confidential information, or dispute resolution mechanisms.
8. Have all parties sign and date the agreement. Ensure that each party keeps a copy of the signed agreement for their records.

Who needs a non-disclosure and non-circumvention agreement?

1. Startups and entrepreneurs: When engaging in business discussions or partnerships, startups often need to share sensitive information with potential investors, partners, or employees. A non-disclosure and non-circumvention agreement can protect their intellectual property, trade secrets, and other confidential information.
2. Businesses entering into partnerships or joint ventures: When collaborating with other businesses, it is essential to protect proprietary information. This agreement ensures that all parties involved respect confidentiality and do not use the shared information to their advantage.
3. Freelancers and contractors: Freelancers and contractors may have access to a company's confidential information or trade secrets. Implementing a non-disclosure and non-circumvention agreement safeguards the company's proprietary information, preventing unauthorized disclosure or use.
4. Inventors and creators: Individuals who have developed innovative products, technologies, or creative works often rely on non-disclosure and non-circumvention agreements to safeguard their intellectual property when pitching or discussing their ideas with potential partners or investors.

In conclusion, the process of filling out a non-disclosure and non-circumvention agreement involves clearly defining the parties, outlining the terms of non-disclosure and non-circumvention, stating the consequences of breaches, and addressing any additional relevant terms. This agreement is needed by startups, businesses entering partnerships, freelancers, contractors, and inventors to protect confidential information and prevent unauthorized use.

For pdfFiller’s FAQs

What is non-disclosure and non-circumvention agreement?

A non-disclosure and non-circumvention agreement is a legal contract that outlines the obligations of parties to keep certain information confidential and to not bypass or circumvent business relationships established through the agreement.

Who is required to file non-disclosure and non-circumvention agreement?

Parties entering into business relationships or agreements where confidential information will be shared are typically required to file a non-disclosure and non-circumvention agreement.

How to fill out non-disclosure and non-circumvention agreement?

The agreement should be carefully reviewed by all parties involved, with specific terms regarding confidentiality, non-circumvention, and any other relevant details filled out accurately.

What is the purpose of non-disclosure and non-circumvention agreement?

The purpose of a non-disclosure and non-circumvention agreement is to protect sensitive information shared between parties and to prevent that information from being used against the interests of the parties involved.

What information must be reported on non-disclosure and non-circumvention agreement?

The agreement should include details about the parties involved, the confidential information being protected, the duration of the agreement, remedies for breaches, and any other relevant terms.

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