THIS NON DISCLOSURE AGREEMENT is entered into on 22 December 2024
Between
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (Party 1)
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (Party 2)
Whereas
(A) The parties are the beneficial owner of certain confidential information, as defined below, relating to INFO respectively.
(B) The parties, for their mutual benefit, wish to exchange their proprietary information in order that each of them may evaluate such information for the purpose of determining their respective interest in establishing a business relationship subject to the terms and conditions of this Agreement.
It is agreed as follows:
1. Interpretation
1.1 In this Agreement unless the context otherwise requires the following expressions shall have the following meanings:
Approved Representatives means those Representatives of the a party in accordance with the provisions of Clause 3.1(a);
Associate means, in relation to either party, any company within the same Group as that party;
Group means, in relation to either party, companies which are holding Companies or Subsidiaries of it or of any such holding Company;
Information means any and all information which is now or at any time after the date of this Agreement in the possession of either party, including, but not limited to discoveries, ideas, concepts, know-how, techniques, designs, specifications, drawings, blueprints, tracings, diagrams, models, samples, the products, flow charts, data, computer programs, drives, disks, diskettes, tapes, patents, patent applications, copyrighted materials, marketing plans, customer names and other technical, financial or commercial information and intellectual properties, whether in writing, oral or other tangible or intangible forms and is disclosed to the other pursuant to this Agreement, including without limitation any information or analysis derived from that Information;
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