NCNDA
NCNDA
This Mutual Nondisclosure Agreement (“Agreement”) is made and entered into as of _____________ between ALCOR Cross Border
M & A Pvt Ltd (ALCOR), a portfolio company of ALCOR Capital, located at #305, Commerzone, Samrat Ashoka Path, Off Airport
Road, Yerwada, Pune, 411006, India and_________________, located at_____________________________________________.
3. Non-use and Nondisclosure. Each party will not use 9. No License. Nothing in this Agreement is intended
the other party’s Confidential Information for any purpose to grant any rights to either party under any patent, copyright,
except to evaluate and engage in discussions concerning a or other intellectual property right of the other party, nor will
potential business relationship between the parties. Each this Agreement grant any party any rights in or to the
party will not disclose the other party’s Confidential Confidential Information of the other party, except as
Information to third parties or to such party’s employees, expressly set forth in this Agreement.
except to those employees of the receiving party who are
required to have the information in order to evaluate or 10. Term. The obligations of each receiving party under
engage in discussions concerning the contemplated business this Agreement will survive until all Confidential Information of
relationship. A party may disclose the other party’s the other party becomes publicly known and made generally
available through no action or inaction of the receiving party.
Confidential Information if required by law so long as the
The minimum term of this NCNDA is three years
receiving party gives the disclosing party prompt written
notice of the requirement prior to the disclosure and
11. Remedies. Each party acknowledges that any
assistance in obtaining an order protecting the information violation or threatened violation of this Agreement may cause
from public disclosure. Neither party will reverse engineer, irreparable injury to the other party, entitling the other party to
disassemble, or decompile any prototypes, software, or other seek injunctive relief in addition to all legal remedies.
tangible objects that embody the other party’s Confidential
Information and that are provided to the party in accordance
12. Miscellaneous. This Agreement will bind and inure party except as set forth in this Agreement. Any failure to
to the benefit of the parties and their successors and assigns. enforce any provision of this Agreement will not constitute a
This Agreement will be governed by the laws of India, without waiver of that provision or of any other provision. This
reference to conflict of laws principles. This document Agreement may not be amended, nor any obligation waived,
contains the entire agreement between the parties with except by a writing signed by both parties. This Agreement
respect to the subject matter of this Agreement. Neither party may be executed in two or more counterparts, each of which
will have any obligation, express or implied by law, with is deemed to be an original, but all of which constitute the
respect to trade secret or proprietary information of the other same agreement.
By: By: :
Date Date: