Agreement (Intern)
This Intern Non-disclosure Agreement (hereinafter referred to as the “Agreement”) is made and entered into as of Effective Date,
By and Between
Intern Name (hereinafter referred to as the “Intern”), residing at Intern Address, and;
Company Name (hereinafter referred to as the “Company”), with its principal place of business located at Company Address.
The Intern and the Company are collectively referred to as the “Parties” and individually as the “Party” throughout this Agreement.
This Agreement sets forth the terms and conditions under which the Intern will handle and protect confidential information disclosed by the Company during the course of their internship. The Parties acknowledge that maintaining the confidentiality of such information is essential to the Company’s operations and agree to abide by the terms outlined herein.
This Agreement acknowledges that certain confidential information, trade secrets, and proprietary data (hereinafter defined and referred to as the “Confidential Information”) of or regarding the Company may be discussed between the Parties. The provisions set forth in this Agreement define the circumstances in which the Intern can and cannot disclose Confidential Information and include the remedies, penalties, and lawful action the Company may take should such information be used or disclosed by the Intern. Both Parties agree that it is in their best interests to protect the Company’s Confidential Information and that the terms of this Agreement create a bond of trust and confidentiality between them.
Confidential Information is any material, knowledge, information, and data (verbal, electronic, written, or any other form) concerning the Company or its businesses not generally known to the public consisting of, but not limited to, inventions, discoveries, plans, concepts, designs, blueprints, drawings, models, devices, equipment, apparatus, products, prototypes, formulae, algorithms, techniques, research projects, computer programs, software, firmware, hardware, business, development and marketing plans, merchandising systems, financial and pricing data, information concerning investors, customers, suppliers, consultants and employees, and any other concepts, ideas or information involving or related to the business which, if misused or disclosed, could adversely affect the Company’s business.
Confidential Information shall not include any information which
(a) Was publicly known and made generally available in the public domain prior to the time of disclosure by the Company;
(b) Becomes publicly known and made generally available after disclosure by the Company to the Intern through no action or inaction of the Intern;
(c) Is already in the possession of the Intern at the time of disclosure by the Company as shown by the Intern's files and records prior to the time of disclosure;
(d) Is obtained by the Intern from a third party without a breach of such third party’s obligations of confidentiality;
(e) Is independently developed by the Intern without the use of or reference to the Company’s Confidential Information; or
(f) Is required by law to be disclosed by the Intern, provided that the Intern shall give the Company a written notice of such requirement prior to disclosing it, so that the Company may seek a protective order or other appropriate relief.
The obligations of the Intern hereunder shall survive until such time as all Confidential Information of the Company disclosed hereunder becomes publicly known and made generally available through no action or inaction of the Intern.
(a) Remedies. Intern understands that the use or disclosure of any Confidential Information may be cause for an action at law in an appropriate court in Jurisdiction. The Intern shall be entitled to an injunction prohibiting the use or disclosure of the Confidential Information.
(b) Indemnification. Intern understands and agrees that if the use or disclosure of Confidential Information by them or any affiliate, employee, or representative of the Intern causes damage, loss, or cost to the Company, the Intern shall be held responsible and shall indemnify the Company.
(c) Notice of unauthorized use or disclosure. The Intern is bound by this Agreement to notify the Company in the event of a breach of the Agreement involving the dissemination of Confidential Information, either by the Intern or a third party, and will do everything possible to help the Company regain possession of the Confidential Information.
This Agreement hereto shall be governed and interpreted following the laws of Governing Law.
No amendment, change, or modification of any of the terms, provisions, or conditions of this Agreement shall be effective unless made in writing and signed on behalf of the Parties hereto by their duly authorized representatives.
This Agreement represents the entire understanding of the Parties superseding all prior Agreements, understandings, and discussions, whether conveyed orally or in writing, and there are no other warranties, commitments, understandings, or representations with respect to this Agreement.
IN WITNESS WHEREOF, the undersigned Parties have duly executed the terms as proposed herein in the Agreement as of the aforementioned date.
Intern Name
Company Name
Name:
Name:
Signature:
Signature:
Date:
Date: