Introduction
We believe in working in a simple and transparent way – any contract we engage in will require basic intelligence rather than a law degree – this NDA is the starting point. Whilst the language we use is plain, the commitment is not, and this agreement is legally binding.
This agreement is effective from “date” between Perpetual Equity (the Recipient) and “you” the Discloser.
Purpose
The purpose of this agreement is to enable the Discloser to share information relating to their business safe in the knowledge that information will remain entirely confidential.
The kind of information we refer to will include but is not limited to –
- Customer information
- Intellectual Property
- Marketing information
- Details around business operation
- Product information
- Service contract information
- Financial information
In return, we would expect you to treat any Investment Proposals, Heads of Terms, Agreements, or similar, that we provide to you, as confidential, whether signed or in draft.
Together we agree to use the information only to evaluate the opportunity of working together for the purpose of acquisition, investment or merger.
Termination
Either party can terminate this agreement without notice by simply writing to the other. In the event of termination, any information received by either party up to the termination date will remain subject to the confidentiality terms of this agreement for a period of 24 months following termination.
Remedies
Together we agree that any violation of this agreement could create harm or loss for the discloser or recipient and that they may seek injunction or damages as a result.