CHARCOAL CLASS NDA


NONDISCLOSURE AGREEMENT

This Nondisclosure Agreement is made effective as of September 7, 2024, by and between Leda Fazal, the owner and owner of Tone Hair Salon LLC with an address of 808 Salem Woods Dr #105, Raleigh NC 27615 and {{billing_first_name}} {{billing_last_name}} , the Recipient.

Leda Fazal is engaged in the technique and practice of a method of using and/or applying charcoal bleach/lightener and how she achieves the results of her work.

Recipient is engaged in providing hair care services.

The Owner has requested, and the Recipient agrees that the Recipient will protect the Confidential Information that may be disclosed between the Owner and the Recipient. Therefore, the parties agree as follows:

CONFIDENTIAL INFORMATION.

  1. The term “Confidential Information” means any information or material that is proprietary to the Owner and includes (without limitation) business records, plans for products or services, technical information, designs, marketing strategies, development tools, specifications, and other proprietary information.

  2. Confidential Information does not include matters of public knowledge, information that was received by Recipient from a third party without a duty of confidentiality, information independently developed by Recipient, information disclosed by operation of law, information disclosed by Owner with written prior consent of Owner, and any other information that both parties agree in writing is not confidential.

PROTECTION OF CONFIDENTIAL INFORMATION. Recipient understands and acknowledges that the Confidential Information has been developed or obtained by Owner through the investment of significant time, effort, and expense, and that the Confidential Information is a valuable, special, and unique asset of Owner that provides Owner with a significant competitive advantage and needs to be protected from improper disclosure. In consideration of the disclosure of the Confidential Information, Recipient agrees to hold in confidence and not to disclose the Confidential Information to any person or entity without the prior written consent of Owner. In addition, Recipient agrees that:

  1. No Copying/Modifying. Recipient will not copy or modify any Confidential Information without the prior written consent of Owner.

  2. Unauthorized Disclosure of Information. If it appears that Recipient has disclosed (or has threatened to disclose) Confidential Information in violation of this Agreement, Owner shall be entitled to an injunction to restrain Recipient from disclosing, in whole or part, the Confidential Information. Owner shall not be prohibited by this provision from pursuing other remedies, including a claim for losses and damages.

RETURN OF CONFIDENTIAL INFORMATION. Upon the written request of Owner, Recipient shall return to Owner all written or physical materials containing the Confidential Information within 5 days of the request.

RELATIONSHIP OF THE PARTIES. Neither party has an obligation under this Agreement to purchase any service or item from the other party or commercially offer any products using or incorporating the Confidential Information. This Agreement does not create any agency, partnership, or joint venture.

NO WARRANTY. Owner makes no warranties, express or implied, with respect to the Confidential Information and hereby expressly disclaims any and all implied warranties of merchantability and fitness for a particular purpose. In no event shall Owner be liable for any direct, indirect, special, or consequential damages in connection with or arising out of the performance of any portion of the Confidential Information.

LIMITED LICENSE TO USE. Recipient shall not acquire any intellectual property rights under this Agreement except the limited right to use set out above. Recipient acknowledges that, as between Owner and Recipient, the Confidential Information and all related intellectual property rights are (and at all times will be) the property of Owner.

GENERAL PROVISIONS. This Agreements sets forth the entire understanding of the parties regarding confidentiality. The obligations of confidentiality shall survive 10 years from the date of disclosure of the Confidential Information. Any amendments to this Agreement shall be made in writing and signed by both parties. The Agreement shall be construed under the law of the State of North Carolina. This Agreement shall not be assignable by either party, and neither party may delegate its duties under this Agreement without the prior written consent of the other party. The confidentiality provisions of this Agreement shall remain in full force and effect after the Effective Date of this Agreement.

IN WITNESS THEREOF, this Agreement has been executed and delivered in the manner prescribed by the law as of the date first written above.

 

 

Aggreent for Recipient:

Aggreent for Owner:
Tone Hair Salon LLC

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Signed by Leda Fazal
Signed On: July 12, 2024


Signature Certificate
Document name: CHARCOAL CLASS NDA
lock iconUnique Document ID: fb4e5779fa7e71de519dab6f37737a732b0025bb
Timestamp Audit
July 12, 2024 1:32 pm EDTCHARCOAL CLASS NDA Uploaded by Leda Fazal - [email protected] IP 103.109.59.133
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https://swanmethodhairextensions.com/
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