Examples of NDA in a sentence
The obligation to maintain confidentiality; the restrictions on use, disclosure, duplication, protection, and security of Confidential Information; and indemnification for breach thereof by Receiving Party shall survive the rescission, termination, or completion of this NDA, and remain in full force and effect until such Confidential Information is destroyed by DIR or, through no fault of Receiving Party, becomes part of the public domain.
Receiving Party shall require all its employees, contractors, agents, consultants, and other personnel to whom it allows access to Confidential Information (collectively, “Receiving Party Personnel”) to be bound by the terms of this NDA to the same extent as if Receiving Party Personnel were parties hereto, and Receiving Party shall be responsible for any breach of this NDA by any Receiving Party Personnel.
Nothing in this NDA nor any disclosure made hereunder shall be deemed to grant to Receiving Party, by implication, estoppel or otherwise, license rights, ownership rights or any other intellectual property rights in any Confidential Information.
This NDA shall be governed by and construed, in accordance with the laws of the State of Texas, without giving effect to the principles of conflicts of laws.
Receiving Party understands that failure to comply with the terms of the NDA may subject Receiving Party to disciplinary action and criminal and civil penalties under law.