At TechLape, we prioritize the confidentiality and protection of sensitive information shared with our clients and partners. This Non-Disclosure Agreement (NDA) outlines the terms under which confidential information will be handled, ensuring that all parties involved maintain the privacy and integrity of the data exchanged.
A Non-Disclosure Agreement (NDA) is a legal contract between two or more parties that outlines the confidentiality of information exchanged. The agreement ensures that sensitive information is not disclosed to unauthorized third parties and is only used for the purpose intended.
The purpose of this NDA is to protect the confidential information shared between TechLape and its clients, employees, contractors, or business partners. This ensures that proprietary, confidential, or sensitive data is not disclosed or used inappropriately.
Under the NDA, confidential information includes, but is not limited to:
Business plans, strategies, and operations.
Financial data and projections.
Client and customer lists.
Product designs, prototypes, and concepts.
Marketing plans, research, and analytics.
Intellectual property, including patents, trademarks, and copyrights.
The receiving party agrees to:
Keep all confidential information received from TechLape or its partners strictly confidential.
Not disclose or share the information with any third parties without prior written consent from the disclosing party.
Use the confidential information solely for the purpose defined in the agreement.
Take all reasonable precautions to protect the confidentiality of the information, including preventing unauthorized access, use, or disclosure.
The obligations of confidentiality do not apply to information that:
Is already publicly available or becomes publicly available without breach of this NDA.
Was lawfully obtained from a third party who did not violate any confidentiality obligations.
Is required to be disclosed by law, regulation, or court order, provided that the receiving party promptly notifies the disclosing party of the disclosure requirement.
The confidentiality obligations outlined in this NDA remain in effect:
For a specified duration as agreed upon by both parties, typically 2-5 years after the conclusion of the business relationship.
Indefinitely, in the case of highly sensitive or proprietary information, unless otherwise agreed in writing.
Upon termination or expiration of the agreement, the receiving party agrees to:
Return or destroy all confidential materials, including copies, notes, or documents, that contain or reference confidential information.
Certify in writing that all such materials have been returned or destroyed as per the terms of the NDA.
If the receiving party breaches the terms of this NDA, the disclosing party has the right to:
Seek injunctive relief to prevent further disclosure or use of the confidential information.
Pursue legal action for damages resulting from the breach.
The receiving party agrees to indemnify and hold harmless the disclosing party from any damages, losses, or expenses resulting from a breach of this NDA.
This NDA shall be governed by and construed in accordance with the laws of the jurisdiction in which TechLape operates, without regard to its conflict of law principles.
If you have any questions or concerns regarding this NDA or would like further clarification on specific terms, please contact us at contact@techlape.com.
TechLape reserves the right to update or modify this NDA at any time. Any changes will be posted on this page. We encourage all parties to review this agreement periodically to stay informed about the latest terms.
