Mutual Non-Disclosure Agreement (Project Evaluation)

Quebec English Civil law Unannotated

Mutual Non-Disclosure Agreement (Project Evaluation)

When two businesses wish to collaborate to launch a project, they generally enter into a process that entails the mutual disclosure of confidential information. All parties share many of the same obligations during this preliminary phase. When launching such a project, it is important to clearly define the process in order to instil the confidence required to ensure the project's success.

This mutual non-disclosure agreement template establishes the legal framework to launch such a collaborative project.

Mutual Non-Disclosure Agreement (Project Evaluation)

We recommend using this template to govern the preliminary discussions between two parties who wish to launch a project, but who also need to protect the confidentiality of information that will be disclosed. In the absence of such an agreement, there is always a risk that some unprotected private information could be made public, which could compromise any subsequent attempt by either of them to claim a proprietary right to the disclosed information.

When only one of the parties will disclose information of a confidential nature, we recommend using our unilateral non-disclosure agreement (see template H01220).

Mutual Non-Disclosure Agreement (Project Evaluation)

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Agreement
0.01.02 Breach
0.01.03 Claim
0.01.04 Confidential Information
0.01.05 Dispute
0.01.06 Evaluate / Evaluating
0.01.07 Force Majeure
0.01.08 Intellectual Property
0.01.09 Law
0.01.10 Legal Representatives
0.01.11 Loss
0.01.12 PARTY
0.01.13 Person
0.01.14 Project
0.02 Entire Agreement
0.03 Applicable Law
0.04 Non-Compliance
0.04.01 Severability
0.04.02 Substitute Provision
0.05 Miscellaneous
0.05.01 Cumulative Rights
0.05.02 No Waiver
0.05.03 Time and Days
a) Time of the Essence
b) Computation of Time
c) Delays
0.05.04 Cross-References
0.05.05 Gender and Number
0.05.06 Headings
0.05.07 Approval
1.00 PURPOSE
1.01 Evaluating Project
1.02 Exchanging Confidential Information
1.03 No Obligation
2.00 CONSIDERATION
3.00 TERMS OF PAYMENT
4.00 SECURITY
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Status
5.02 Authority
5.03 Binding Agreement
5.04 Resident in Canada
5.05 Insurance
5.06 Nominee
5.07 Independent Legal Advice
5.08 Legal Proceedings
5.09 Exclusivity
5.10 Disclosure
5.11 Intellectual Property
5.12 Expertise
6.00 REPRESENTATIONS AND WARRANTIES OF PARTY A
7.00 REPRESENTATIONS AND WARRANTIES OF PARTY B
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Continuation of Representations and Warranties
8.02 Indemnification
8.02.01 Scope
8.02.02 Procedure
8.02.03 Third-Party Claim
8.02.04 Duration of Representations and Warranties
8.03 Disclosure of Agreement
8.03.01 Undertaking
8.03.02 Public Announcement
8.03.03 Exception
8.03.04 Default
8.04 Periodic Meetings
8.05 Further Assurances
8.06 Exclusivity
8.07 Timeline
8.08 Liability
8.09 Confidential Information
8.09.01 Undertaking
8.09.02 Duration of Undertaking
8.09.03 End of Agreement
a) Request for Return
b) Destruction
8.09.04 Penalty
8.10 Limitation of Liability
8.11 Duty to Keep Informed
9.00 DUTIES AND OBLIGATIONS OF PARTY A
10.00 DUTIES AND OBLIGATIONS OF PARTY B
11.00 SPECIAL PROVISIONS
11.01 Assignment
11.01.01 Prohibition
11.01.02 Effect of Breach
11.01.03 Exception
11.02 Force Majeure
11.02.01 Limitation on Liability
11.02.02 Duty
11.02.03 Right of Other PARTY
11.03 Relationship Between the PARTIES
12.00 GENERAL PROVISIONS
12.01 Notices
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
a) Written Notice
b) Meeting
c) Legal Proceedings
d) Protective Measures
12.02.02 Mediation
a) Process
b) Settlement
c) Arbitration [OR Legal Proceeding]
12.02.03 Arbitration Procedure (if V1 of 12.02.02 c) applies)
a) Notice
b) Reply
c) Appointment of a Third Arbitrator
d) Confidentiality
e) Hearing
f) Ruling
g) Costs
h) Supplementary Rules
12.03 Choice of Forum
12.04 Counterparts
12.05 Amendment
12.06 No Waiver of Rights
12.07 Electronic Transmission and Signature
12.08 Language
13.00 TERMINATION
13.01 Expiry of Term
13.02 Automatic or by Mutual Consent
13.03 No Default
13.04 Event of Default
13.04.01 Without Notice
13.04.02 With Prior Notice
14.00 EFFECTIVE DATE
15.00 DURATION
15.01 Term
15.02 Survival
16.00 SCOPE

SCHEDULE A[ou B] – EXCERPT FROM A RESOLUTION OF PARTY A [OU B]
SCHEDULE 8.07 – TIMELINE

 

Mutual Non-Disclosure Agreement (Project Evaluation)

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