Non-Disclosure Agreement (NDA) for Brand Mastery Consulting Program
This Non-Disclosure Agreement ("Agreement") is made and entered into as of the Effective Date by and between Virtual Vision ("Discloser"), and the undersigned participant ("Recipient").
1. Purpose
The Recipient agrees to enter this Agreement to prevent the unauthorized disclosure of Confidential Information as defined below. The purpose of this Agreement is to protect the proprietary and confidential material, knowledge, and information related to the Brand Mastery Consulting Program provided by Discloser.
2. Definition of Confidential Information
For the purposes of this Agreement, "Confidential Information" shall include all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media, to Recipient by Discloser. Confidential Information does not include information that: (a) is or becomes public knowledge through no fault of the Recipient; (b) was in the Recipient's possession prior to disclosure by Discloser; (c) is rightfully received by the Recipient from a third party without a duty of confidentiality; (d) is disclosed without a duty of confidentiality to a third party by, or with the permission of, Discloser; or (e) is independently developed by the Recipient without use of or reference to the Discloser's Confidential Information.
3. Obligations of Recipient
Recipient hereby agrees:
a. Not to use the Confidential Information for any purpose except for participating in the Brand Mastery Consulting Program.
b. To keep the Confidential Information confidential and not to disclose it to any third party without the explicit written consent of Discloser.
c. Not to copy, reproduce, distribute, or create derivative works from the Confidential Information.
d. To protect the secrecy of, and avoid disclosure and unauthorized use of, the Confidential Information to the same extent that it protects its own confidential information, but in no event with less than reasonable care.
e. Not to use the Confidential Information for the purpose of competing with the Discloser, including setting up a similar consulting program.
4. Non-Compete
Recipient agrees not to directly or indirectly engage in any business that competes with the business of Discloser during the participation in the Brand Mastery Consulting Program and for a period of one year following the termination of this Agreement.
5. Term
The obligations of this Agreement shall be in effect from the Effective Date and shall continue until the Confidential Information no longer qualifies as confidential or until Discloser sends Recipient written notice releasing them from this Agreement, whichever occurs first.
6. General Provisions
a. Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which Discloser operates.
b. Entire Agreement: This Agreement constitutes the entire agreement between the parties regarding its subject matter and supersedes all prior or contemporaneous agreements, understandings, and communication, whether written or oral.
c. Amendment: This Agreement may be amended only by written agreement duly executed by an authorized representative of each party.
Signature
By signing below, the Recipient acknowledges that they have read, understood, and agreed to the terms of this Non-Disclosure Agreement.