Free Illinois Non-Disclosure and Confidentiality Agreement
Download a professional Illinois Non-Disclosure and Confidentiality Agreement template. Compliant with IL law, protecting trade secrets and sensitive data.
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1. PARTIES
This Non-Disclosure and Confidentiality Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and between [DISCLOSING PARTY NAME], located at [DISCLOSING PARTY ADDRESS] ("Disclosing Party"), and [RECEIVING PARTY NAME], located at [RECEIVING PARTY ADDRESS] ("Receiving Party").
2. PURPOSE
The parties wish to explore a potential business relationship or transaction (the "Purpose"). In connection with the Purpose, Disclosing Party may disclose to Receiving Party certain confidential and proprietary information.
3. DEFINITION OF CONFIDENTIAL INFORMATION
"Confidential Information" shall include all non-public, proprietary, or confidential information disclosed by the Disclosing Party to the Receiving Party, whether orally, in writing, or by electronic or other means, including but not limited to: business plans, customer lists, financial data, software code, trade secrets, marketing strategies, and any other information marked as "confidential" or which should reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.
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