/Docs/G/Edu-MIT-TLO-CmA/NDA/Form/Mutual/0.md
| // | = | Open parameters as of Datestamp:Timestamp (2017/12/17:1513477497): | ||||
| Doc.GUID | = | Doc.GUID | ||||
| P1.Name.Full | = | P1.Name.Full | ||||
| P2.Name.Full | = | P2.Name.Full | ||||
| EffectiveDate.YMD | = | EffectiveDate.YMD | ||||
| P1.US.Contract.Among.Sec | = | P1.US.Contract.Among.Sec | ||||
| P2.US.Contract.Among.Sec | = | P2.US.Contract.Among.Sec | ||||
| P2.Handle | = | P2.Handle | ||||
| P2.Contact1.N/A/T/E/F | = | P2.Contact1.N/A/T/E/F | ||||
| P2.Contact2.N/A/T/E/F | = | P2.Contact2.N/A/T/E/F | ||||
| P1.Handle | = | P1.Handle | ||||
| P1.Contact1.N/A/T/E/F | = | P1.Contact1.N/A/T/E/F | ||||
| P1.Contact2.N/A/T/E/F | = | P1.Contact2.N/A/T/E/F | ||||
| P1.Notice.Block | = | P1.Notice.Block | ||||
| P2.Notice.Block | = | P2.Notice.Block | ||||
| State.Of | = | State.Of | ||||
| P1.US.Contract.By.Sec | = | P1.US.Contract.By.Sec | ||||
| P2.US.Contract.By.Sec | = | P2.US.Contract.By.Sec | ||||
| Annex.sec | = | Annex.sec | ||||
| // | = | Prior existing parameters: | ||||
| From | = | http: web.mit.edu/tlo/www/misc/forms.html. | ||||
| r00t | = | GUID: {Doc.GUID}{Doc.Ti}{P1.Name.Full}{P2.Name.Full} Effective Date: {EffectiveDate.YMD} By and Between: Each a "Party" and collectively the "Parties." This {Doc.Ti} (this "Agreement") is made as of {EffectiveDate.YMD} ("Effective Date"), by and between the Parties. Recitals {Why.sec} In consideration of the mutual promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: {sec} Signature IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.
{Annex.sec} | ||||
| Parameters | = | These fit the agreement to Mutual (as opposed to InBound or OutBound). | ||||
| Doc.Ti | = | Mutual Non-Disclosure Agreement | ||||
| Conf.Protect.Period.Years | = | three years | ||||
| Purpose.Roles | = | {DP.each} disclosing confidential information to {RP.theOther} | ||||
| Therefore.Roles | = | {DP.each} making confidential information available to {RP.theOther} | ||||
| Conf.Roles | = | {DP.Defined} to {RP.Defined} | ||||
| Contact.Roles.cl | = | disclosing or receiving confidential information for these parties | ||||
| DP.Each | = | Each party | ||||
| Export.Consent.cl | = | the written consent of {RP.theOther}. In the case of {P1.Handle}, the written consent must be executed by {P1.Handle}'s Export Control Officer | ||||
| Text | = | |||||
| This.sec | = | {MIT.Prologue.ThisAgreement.Sen} | ||||
| MIT.Prologue.ThisAgreement.Sen | = | {MIT.Prologue.ThisAgreement.Cl}, in anticipation of {Purpose.cl}. | ||||
| MIT.Prologue.ThisAgreement.Cl | = | This Agreement is made effective as of {EffectiveDate.YMD} (the "Effective Date") between {P2.US.N,E,A} ("{P2.Defined}"), and {P1.US.N,E,A} ("{P1.Defined}") | ||||
| Purpose.cl | = | {Purpose.Roles} for the purpose of evaluating technology licensing opportunities {relating to} {Deal.#} (the "Purpose") | ||||
| Why.sec | = | {Contact.Sen} | ||||
| Contact.Sen | = | The primary contact(s) for {Contact.Roles.cl} are as follows:
| ||||
| P1.Contact.Block | = | For {P1.Handle}: {P1.Contact1.N/A/T/E/F} {P1.Contact2.N/A/T/E/F} | ||||
| P2.Contact.Block | = | For {P2.Handle}: {P2.Contact1.N/A/T/E/F} {P2.Contact2.N/A/T/E/F} | ||||
| That.sec | = | In consideration of {Therefore.Roles}, the parties hereby agree as follows: | ||||
| sec | = | |||||
| Conf.Sec | = | {Conf.Title} {Conf.sec} | ||||
| Conf.Sec.Xnum | = | 1 | ||||
| Conf.Title | = | Confidential Information | ||||
| Conf.sec | = | {Conf.Defined.Cl} that {Conf.Impart.List}. {Conf.Except.Sen} {CC.Students.Sen} | ||||
| Conf.Defined.Cl | = | When used in this Agreement, the term "Confidential Information" means confidential and proprietary information disclosed by {Conf.Roles} | ||||
| Conf.Impart.List | = | (i) {Conf.Impart.Marked}, (ii) {Conf.Impart.SubjectMatter}; or (iii) {Conf.Impart.LiveConfirmed} | ||||
| Conf.Impart.Marked | = | prior to disclosure, is marked with a legend indicating its confidential status | ||||
| Conf.Impart.SubjectMatter | = | is disclosed by {P1.Handle} and is or relates to unpublished research, invention disclosures{q} or unpublished patent applications | ||||
| Conf.Impart.LiveConfirmed | = | is disclosed orally or visually, if {DP.the} identifies such information as confidential at the time of disclosure and, within 30 days of such disclosure, delivers to {RP.the}'s primary contact for receipt of Confidential Information a notice summarizing the confidential information disclosed | ||||
| Conf.Except.Sen | = | Notwithstanding the foregoing, in no event is information Confidential Information if {Conf.Except.List}. | ||||
| Conf.Except.List | = | it (a) {Conf.Except.Had}; (b) {Conf.Except.Public}; (c) {Conf.Except.Finds}; or (d) {Conf.Except.Makes} | ||||
| Conf.Except.Had | = | was in {RP.the}'s possession before receipt from {DP.the} | ||||
| Conf.Except.Public | = | is or becomes a matter of public knowledge through no fault of {RP.the} | ||||
| Conf.Except.Finds | = | is received by {RP.the}, without restriction as to further disclosure, from a third party having an apparent bona fide right to disclose the information to {RP.the} | ||||
| Note | = | There is a slight difference here -- In mutual it says "to disclose the information to the Receiving Party." In In-Bound it says to disclose the information." I figured it was an unwanted difference and kept the more complete form. | ||||
| Conf.Except.Makes | = | is independently developed by {RP.the} without use of {DP.the}'s Confidential Information | ||||
| CC.Students.Sen | = | For purposes of this Agreement, {P1.Handle} students are not third parties vis-a-vis {P1.Handle}. | ||||
| Use.Sec | = | {Use.Title} {Use.sec} | ||||
| Use.Title | = | Limitations on Use | ||||
| Use.sec | = | {Conf.Use.Sen} {Limit.NoLicense.Sen} | ||||
| Conf.Use.Sen | = | {RP.The} shall use {DP.the}'s Confidential Information solely for the Purpose. | ||||
| Limit.NoLicense.Sen | = | Disclosure by {DP.the} of its Confidential Information does not constitute a grant to {RP.the} of any right or license to {DP.the}'s Confidential Information, except as set forth herein. | ||||
| Care.Sec | = | {Care.Title} {Care.sec} | ||||
| Care.Title | = | Care of Confidential Information | ||||
| Care.sec | = | {Care.Reasonable.Cl}, except that {CC.NeedToKnow_Warned.cl}. | ||||
| Care.Reasonable.Cl | = | {RP.The} shall exert reasonable efforts to maintain {DP.the}'s Confidential Information in confidence | ||||
| CC.NeedToKnow_Warned.cl | = | {RP.the} may disclose or permit disclosure of any of {DP.the}'s Confidential Information to {CC.Persons} who need to know such Confidential Information to fulfill the Purpose and who have been advised of and have agreed to maintain the confidential nature of the Confidential Information | ||||
| CC.Persons | = | its directors (in the case of {P1.Handle}, members), officers, employees, consultants, advisors and, in the case of {P1.Handle}, students, | ||||
| Compelled.Sec | = | {Compelled.Title} {Compelled.sec} | ||||
| Compelled.Title | = | Required Disclosures | ||||
| Compelled.sec | = | {Compelled.Respond.Cl}, as long as {Compelled.Cond.cl}. | ||||
| Compelled.Respond.Cl | = | Nothing in this Agreement shall be construed to prevent {RP.a} from disclosing Confidential Information pursuant to an order of a court or other governmental authority of competent jurisdiction | ||||
| Compelled.Cond.cl | = | {Compelled.Cond.Note-Coop} | ||||
| Compelled - Choices | = | In Mutual and InBound there are two conditions, in OutBound there are three. | ||||
| Compelled.Cond.Note-Coop | = | {RP.the} {Compelled.Cond.Notice} and {Compelled.Cond.Cooperate} | ||||
| Compelled.Cond.Note-Coop-Min | = | {RP.the} (a) {Compelled.Cond.Notice}, (b) {Compelled.Cond.Cooperate}, and (c) {Compelled.Cond.Minimize} | ||||
| Compelled.Cond.Notice | = | promptly notifies {DP.the} of its intention to disclose | ||||
| Compelled.Cond.Cooperate | = | provides reasonable cooperation to {DP.the} in any efforts to contest or limit the scope of such order or subpoena | ||||
| Compelled.Cond.Minimize | = | furnishes only that portion of the Confidential Information which {RP.the} is legally required to disclose | ||||
| Disclaim.Warranty.Sec | = | {Disclaim.Warranty.Title} {Disclaim.Warranty.sec} | ||||
| Disclaim.Warranty.Title | = | No Warranty | ||||
| Disclaim.Warranty.sec | = | All Confidential Information is provided "as is." {DP.NeitherMakes} any warranties, expressed or implied, regarding its Confidential Information's accuracy, completeness, suitability{q} or performance. | ||||
| Term.Sec | = | {Term.Title} {Term.sec} | ||||
| Term.Title | = | Term of Agreement | ||||
| Term.sec | = | The term of this Agreement shall commence on the Effective Date and terminate on the earliest of {Term.Stop.List}. {RP.A}'s obligations with respect to use and non-disclosure of {DP.the}'s Confidential Information shall survive for a period of {Conf.Protect.Period}. | ||||
| Conf.Protect.Period | = | {Conf.Protect.Period.Years} following receipt of the information | ||||
| Term.Stop.List | = | (a) {Term.Stop.Done}, (b) {Term.Stop.TimeCertain}{q} or (c) {Term.Stop.Notice} | ||||
| Term.Stop.Done | = | conclusion of the Purpose | ||||
| Term.Stop.TimeCertain | = | three years from the date of this Agreement | ||||
| Term.Stop.Notice | = | the date on which a party provides notice of termination of this Agreement to the other | ||||
| Remedy.Conf.Return.Sec | = | {Remedy.Title} {Remedy.sec} | ||||
| Remedy.Title | = | Return or Destruction of Confidential Information | ||||
| Remedy.sec | = | Following termination of this Agreement, {RP.the} shall, at the direction of {DP.the}, either destroy or return to {DP.the} all documents, materials, and other tangible manifestations of {DP.the}'s Confidential Information and shall destroy any electronic or digital manifestations of {DP.the}'s Confidential Information, except that {RP.the} may retain one copy of the Confidential Information solely for the purpose of monitoring its obligations under this Agreement. | ||||
| Notice.Sec | = | {Notice.Title} {Notice.sec} | ||||
| Notice.Title | = | Notices | ||||
| Notice.sec | = | Any notices to be given under this Agreement{Notice.Except.clqq} shall be in writing and addressed to the parties as shown below. Notices shall be delivered by certified or registered first class mail (air mail if not domestic) or by commercial courier service and shall be deemed to have been given or made as of the date received.
| ||||
| Notice.Except.clqq | = | , {Notice.Except.cl}, | ||||
| Notice.Except.cl | = | other than those contemplated by Section {Conf.Sec.Xnum} | ||||
| Misc. | = | [G/Edu-MIT-TLO-CmA/NDA/Sec/Misc/0.md] | ||||
| = | [G/Edu-MIT-TLO-CmA/NDA/Sec/Phrases_v0.md] | |||||
| Signature.Intro | = | Executed as of the Effective Date: | ||||
| P2.- | = | Company | ||||
| P2.Defined | = | {P2.Handle} | ||||
| P1.Defined | = | {P1.Handle} | ||||
| DP.Neither | = | Neither party | ||||
| DP.NeitherMakes | = | {DP.Neither} makes | ||||
| DP.Each | = | Each party | ||||
| DP.each | = | each party | ||||
| DP.Defined | = | one party ("Disclosing Party") | ||||
| Unneeded inconsistency | = | "the other party" vs "the other" | ||||
| RP.theOther | = | the other party | ||||
| RP.other | = | the other | ||||
| RP.Defined | = | the other ("Receiving Party") | ||||
| parties | = | parties | ||||
| party | = | party | ||||
| relating to | = | relating to |