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Official Arizona Non-disclosure Agreement Form

A Non-disclosure Agreement (NDA) in Arizona is a legal document that protects confidential information shared between parties. This agreement ensures that sensitive information remains private and is not disclosed to unauthorized individuals. By signing an NDA, parties can foster trust and encourage open communication while safeguarding their interests.

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Overview

In Arizona, a Non-disclosure Agreement (NDA) serves as a crucial tool for individuals and businesses looking to protect sensitive information from unauthorized disclosure. This legally binding contract establishes a confidential relationship between parties, ensuring that any proprietary or confidential information shared during discussions or business dealings remains protected. Typically, an NDA outlines the specific information considered confidential, the obligations of the parties involved, and the duration of the confidentiality requirement. It may also detail the consequences of a breach, which can include legal action or financial penalties. By clearly defining the terms of confidentiality, this agreement fosters trust and encourages open communication, making it an essential component in various business transactions, partnerships, and employment relationships. Understanding the key elements of an Arizona Non-disclosure Agreement can help parties safeguard their interests while navigating the complexities of sharing sensitive information.

Form Example

Arizona Non-disclosure Agreement (NDA)

This Non-disclosure Agreement ("Agreement") is executed on the ____ day of __________, 20__, by and between _________________ ("Disclosing Party") with a principal office located at _________________, and _________________ ("Receiving Party"), with a principal office located at _________________. The purpose of this Agreement is to establish a confidential relationship regarding the disclosure of certain proprietary and confidential information ("Confidential Information").

1. Definition of Confidential Information

Confidential Information includes, but is not limited to, any 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 Receiving Party by Disclosing Party. Confidential Information does not include information that:

is known to the Receiving Party at the time of disclosure as evidenced by written records of the Receiving Party;
becomes publicly known through no fault of the Receiving Party;
is received from a third party without a breach of an obligation of confidentiality;
is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information;
or is disclosed with the prior written approval of the Disclosing Party.

2. Obligations of the Receiving Party

Receiving Party shall keep the Confidential Information confidential and shall not:

Disclose such information to any third party, except as expressly permitted by this Agreement;
Use the Confidential Information for any purpose other than the purpose for which it was disclosed, as set forth in this Agreement;
Make copies of such Confidential Information except as necessary for the purpose of this Agreement.

Any employee, contractor, or third party given access to the Confidential Information must have executed, or be bound by, a non-disclosure agreement containing terms no less restrictive than those set forth herein prior to any disclosure of Confidential Information to such employee, contractor, or third party.

3. Term

The obligations of this Agreement shall commence on the date of this Agreement and shall continue for a period of ____ (__) years unless terminated earlier as provided herein.

4. Return of Confidential Information

Upon termination or expiration of this Agreement, or upon Disclosing Party’s written request, Receiving Party shall return all copies, whether in written, electronic, or other form or media, of the Confidential Information, or destroy all such copies and certify in writing to the Disclosing Party that such destruction has taken place.

5. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona, without regard to its conflict of laws principles.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

Disclosing Party: ___________________________________

By: ________________________________________________

Title: ______________________________________________

Date: ______________________________________________

Receiving Party: ____________________________________

By: ________________________________________________

Title: ______________________________________________

Date: ______________________________________________

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File Characteristics

Fact Name	Description
Definition	An Arizona Non-disclosure Agreement (NDA) is a legal contract that protects confidential information shared between parties.
Governing Law	The NDA is governed by Arizona state law, specifically under the Arizona Revised Statutes.
Parties Involved	The NDA typically involves at least two parties: the disclosing party and the receiving party.
Purpose	The primary purpose of an NDA is to prevent the unauthorized disclosure of sensitive information.
Duration	NDAs in Arizona can specify a duration for which the confidentiality obligation remains in effect.
Enforceability	Arizona courts generally enforce NDAs as long as they are reasonable in scope and duration.
Exclusions	Common exclusions from NDAs include information that is publicly available or independently developed by the receiving party.
Consequences of Breach	Breaching an NDA can lead to legal action, including claims for damages or injunctive relief.
Mutual vs. Unilateral	NDAs can be mutual, where both parties share confidential information, or unilateral, where only one party discloses information.
Signing Process	Both parties must sign the NDA for it to be legally binding, ensuring mutual agreement to the terms outlined.

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