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Trang 1NON-DISCLOSURE AGREEMENT
BETWEEN
ABC
AND
XYZ
Agreement No.: 0007
Date: October
Trang 2TABLE OF CONTENTS
ARTICLE 1 CONFIDENTIAL INFORMATION 4
ARTICLE 2 CONFIDENTIAL OBLIGATION 5
ARTICLE 3 EXCLUSION 6
ARTICLE 4 COMPULSIVE DISCLOSING 7
ARTICLE 5 NO LICENSE AND WARRANTY 8
ARTICLE 6 COMPENSATION 9
ARTICLE 7 VALIDITY 9
ARTICLE 8 TERMINATION 9
ARTICLE 9 GOVERNING LAW 10
ARTICLE 10 MISCELLANIES 11
Trang 3This Agreement made and entered into this………… , 2018 (“Effective Date”)
BETWEEN
ABC, a company registered in Vietnam as the subsidiary of ABC, the
registered office at, (hereinafter referred to as ‘Contractor’)
AND
XYZ, a company incorporated in Viet Nam with its registered office at
(hereinafter referred to as ‘Subcontractor’)
WITNESSETH
WHEREAS, ABC and XYZ, both have as their purpose an interest in exploring a possible business relationship, and in order for the parties to explore this relationship, it may be necessary for the parties to disclose certain of their proprietary and other information to each other, which information each of the parties regards as confidential
NOW, THEREFORE, the parties hereto agree as follows:
Trang 4ARTICLE 1 CONFIDENTIAL INFORMATION
1.1 All of the confidential information (hereinafter called “Confidential
Information”), including, without limitation , all information relating
to business plans, financial or technical matters, trade secrets, designs, know-how, inventions, operations and any other information received or acquired by one party (“Receiving Party”) from the other (“Disclosing Party”) in the course of exploring the possible business relationship shall be in written or other tangible form and marked
“CONFIDENTIAL” in conspicuous position, with the name of the Disclosing Party and the date of disclosure If the Confidential Information is initially disclosed orally, it shall be reduced to written
or other tangible form by the Disclosing Party (including the date of the oral disclosure and name of the Disclosing Party) and presented
or mailed to the Receiving Party within fifteen (15) days of the first oral disclosure
1.2 The Confidential Information shall remain the property of the
Disclosing Party
1.3 All information disclosed which is not marked “CONFIDENTIAL”,
Trang 5or not reduced to written form and marked “CONFIDENTIAL” if initially disclosed orally shall be considered to be non-confidential, and shall not be subject to the obligations imposed by this Agreement All Confidential Information disclosed under this Agreement shall be limited to the subject matter mentioned in the Recital The existence and terms and conditions of this Agreement shall be treated
as Confidential Information
ARTICLE 2 CONFIDENTIAL OBLIGATION
The receiving party shall:
third parties, except in the limited cases referred to in ARTICLE 3; and
(ii) not use the Confidential Information for any purpose other than
exploring or examining the possibility of a business relationship between the parties
(iii) All Confidential Information delivered to and/or in the possession of
Trang 6the Receiving Party shall be returned or delivered to the Disclosing Party or destroyed, if the Disclosing Party so requests in writing, including without limitation to, all documents and computer files containing summaries, analyses or conclusions derived from such Confidential Information, with all copies made thereof, in forms whatsoever
(iv) All the Confidential Information shall be disclosed to only those
people within its respective organizations or its subsidiaries, agents, consultants, representatives or advisors who have a need to know the information and who are obligated under terms no less restrictive than those imposed by this Agreement on the Receiving Party
ARTICLE 3 EXCLUSION
The obligations of the above ARTICLE 2 shall not apply to any information which:
Receiving Party; or
Trang 7(ii) was in the possession of the Receiving Party prior to receipt from the
Disclosing Party; or
(iii) is received independently from a third party who is free to disclose
such information to the Receiving Party without conflict with any of its legal or contractual obligation; or
(iv) is subsequently independently developed by the Receiving Party
without breach of its obligation hereunder; or
(v) has been or is made public by the Disclosing Party, such as by
commercial use or sale or by publications or patents, or otherwise; or
(vi) is approved for release by prior written consent of the Disclosing
Party
ARTICLE 4 COMPULSIVE DISCLOSING
4.1 Disclosure of Confidential Information shall not be precluded if such
disclosure is pursuant to the requirement or request of a governmental agency or by operation of law Provided, however,
Trang 8the Receiving Party shall promptly give a written notice to the Disclosing Party prior to such disclosure so that the Disclosing Party may seek an appropriate protective order
4.2 If any official approval is required by a government authority to
disclose the Confidential Information hereunder, such disclosure is subject to that approval Both parties shall comply in all respects with applicable laws, regulations and court orders, including but not limited to laws and regulations on export control, in both parties' countries and other applicable countries
ARTICLE 5 NO LICENSE AND WARRANTY
Except as otherwise expressly permitted hereunder, no license under any patent, copyright or any other intellectual or industrial property right of the disclosing party or its licensors is granted to the receiving party or is to be implied by disclosure to the receiving party of any of the disclosing party's confidential information hereunder No warranty is provided whatsoever with respect to the accuracy or sufficiency of such information disclosed hereunder
Trang 9ARTICLE 6 COMPENSATION
The Receiving party hereto shall be obligated to compensate the Disclosing party for any non-permitted disclosure and/or use due to breach
of the terms of this Agreement of any confidential information exchanged
in connection with this Agreement or the discussions between the parties
ARTICLE 7 VALIDITY
Subject to ARTICLE 3 and ARTICLE 4 hereof the obligation of the Receiving Party provided in ARTICLE 2 hereof shall continue for 2 years from the date of each receipt of the Confidential Information, even after termination of this Agreement according to ARTICLE 8 hereof
ARTICLE 8 TERMINATION
Either party hereto shall have the right, at any time, to terminate in writing the discussions and exchange of information in connection with the exploration of the possibilities of a business relationship between the
Trang 10parties without any further obligations or liabilities to the other party, other than the obligations of confidentiality hereunder, or any right or obligation relating to the Confidential Information hereunder
ARTICLE 9 GOVERNING LAW
9.1 The Agreement, including without limitation its conclusion, validity,
construction, performance and settlement of the disputes, shall be governed by the law of People’s Republic of China, without giving effect to the principles of conflict of law
9.2 Any dispute arising from, or in connection with the Agreement shall
be first settled through friendly negotiation by both Parties In case
no settlement to disputes can be reached through amicable negotiation by both Parties, the disputes shall then be submitted to China International Economic and Trade Arbitration Commission South China Sub-commission for arbitration in accordance with its Arbitration Rules in force at the time of application for arbitration The arbitration shall proceed in Shenzhen, P.R China The arbitral award is final and binding upon both Parties The arbitration fees shall be borne by the losing party except otherwise awarded by the
Trang 11arbitration commission
9.3 To the fullest extent permitted by law, this arbitration proceeding and
the arbitrator’s award shall be maintained in confidence by the parties so as to protect relevant valuable information or intellectual property rights
9.4 Notwithstanding any reference to arbitration, both Parties shall
continue to perform their respective obligations under the Agreement except for those matters under arbitration
ARTICLE 10 MISCELLANIES
10.1 Each party shall have the right to refuse to accept any information
under this Agreement, and nothing herein shall obligate either party
to disclose to the other party any particular information Further, each party acknowledges that no contract or agreement providing for
a business relationship, of any nature, shall be deemed to exist unless and until a final definitive agreement has been executed and delivered
Trang 1210.2 This agreement supersedes all prior agreements, understandings,
representations and statements, whether oral or written, between the parties relating to the disclosure of the Confidential Information The terms of this Agreement may not be changed except by subsequent written agreement duly signed by an officer with appropriate authority of each of the parties
10.3 This Agreement shall be effective as of the date when the authorized
representative of both parties signs the Agreement
IN WITNESS WHEREOF, the parties by their duly authorized
representatives have executed this Agreement as of the Effective Date first set forth above
By
By
Trang 13Title Title