Fillable VIRGINIA NON-DISCLOSURE AGREEMENT

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VIRGINIA NON-DISCLOSURE AGREEMENT

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Page 1 of 3
VIRGINIA NON-DISCLOSURE AGREEMENT
In accordance with VA Title 59.1 Chapter 26 “Uniform Trade Secrets Act”
1. This Virginia Non-Disclosure Agreement is created on this ___ day of _______ , _____
by and between _______________________ , hereinafter known as “Party A”, located at
_______________________ , and _______________________ , hereinafter known as
“Party B”, located at _______________________ . Party A and Party B are hereby known
as the “Parties”. During these discussions, either party may share certain proprietary
information. Therefore, in consideration of the promises and covenants contained in this
Agreement, the receipt and sufficiency of which is hereby acknowledged, the parties hereto
agree to the following:
2. Type of Agreement. Both parties Initial and Check just ONE (1) of the options below.
_____ _____ - Unilateral – This Agreement shall be Unilateral; Party A shall have
complete ownership of all proprietary information, prohibiting Party B from disclosing said
proprietary information to be released by Party A.
_____ _____ - Mutual – This Agreement shall be Mutual; Both Party A and Party B
shall be prohibited from sharing learned confidential and proprietary information that is
communal between both parties.
3. Definition of Confidentiality. The following is considered confidential information for:
Party A: _________________________________________________________________
________________________________________________________________________
________________________________________________________________________
Party B (only if “Mutual” was selected): ________________________________________
________________________________________________________________________
________________________________________________________________________
4. Exclusions. The Parties obligations under this Agreement do not extend to information that
is: (i) publicly known at the time of disclosure or subsequently becomes publicly known
through no fault of Party B; (ii) discovered or created by Party B before disclosure by Party
A, and vice versa; (iii) learned by Party B through legitimate means other than from Party A
or Party A’s representatives; or (iv) is disclosed by the Party with the other Party's prior
written approval.
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5. Obligations. The following are the obligations of both Party A and Party B:
Party A: _________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
Party B: ________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
6. Term. The provisions of this Agreement shall survive termination of this Agreement and the
Parties duties to hold Confidential Information in confidence shall remain in effect until the
Confidential Information no longer qualifies as a trade secret or until the Parties sends a
written notice releasing the other Party from this Agreement, whichever occurs first.
7. Severability. If a court finds any provision of this Agreement invalid or unenforceable, the
remainder of this Agreement shall be interpreted so as best to affect the intent of the
parties.
8. Integration. This Agreement expresses the complete understanding of the parties with
respect to the subject matter and supersedes all prior proposals, agreements,
representations, and understandings. This Agreement may not be amended except in
writing signed by both parties.
9. Waiver. The failure to exercise any right provided in this Agreement shall not be a waiver of
prior or subsequent rights.
10. Governing Law. This Agreement shall be governed under the laws in the State of Virginia.
Page 3 of 3
PARTY A
Signature: ________________________
Printed Name: _____________________
Title: ____________________________
Date: ______________
PARTY B
Signature: _________________________
Printed Name: ______________________
Title: _____________________________
Date: ______________
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VIRGINIA NON-DISCLOSURE AGREEMENT

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Completed 3 May 2021

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