NON-Disclosure Agreement Between:

KR Design (PTY) LTD

Reg: 2014/091081/07

44 Sonneblom Road, Country View, Midrand, Gauteng, South Africa, 1687

&

Our Clientèle

 

The purpose of this contract is:

We believe in privacy, as an extra measure we implement this NDA with all our clients. We do not divulge any information a client gives us to any third party. Except when required by law / investigations. This agreement is only binding on recurring monthly invoice payments.

The Parties agree that:

NON-DISCLOSURE

    1. they will disclose written or verbal information of a confidential nature about: Information supplied on invoicing.
    2. There will be no disclosure or use of confidential information, without permission. The confidential information is an asset that belongs to the disclosing party.
    3. Confidential information may not be disclosed to any third party. Information may only be disclosed to employees and/or agents; or if required by law, and such employees and/or agents must bind themselves to this agreement.
    4. If it is legally required for either party to disclose confidential information, the other party must be informed of this in writing. The Party required to make the disclosure will only do so to the extent that it is compulsory.
    5. When this agreement comes to an end or written demand has been sent, confidential information must be returned to the other party, within 5 (five) business days of the expiry date or the date that the demand was received. Confidential information held in electronic format must be destroyed or deleted to protect its confidentiality.
    6. No warranties, representations or undertakings will be valid or relied on, unless placed in writing and signed by both parties. No changes to this agreement will be valid or have force or effect unless placed in writing and signed by both parties.
    7. No party may directly or indirectly make an offer employment to or request an interest from an employee or agent of the other party, for a least 1 (one) year of signing this agreement and for at least 1 (one) year after its termination.
    8. The Courts of the Republic of South Africa have jurisdiction over any dispute resulting from this agreement. (E.g., Party 1 has been approached to develop and implement a marketing strategy for Party 2’s service offering. The nature, extent and viability will be determined by the Parties in a Service Level Agreement) (e.g., their financial dealings, contractual rights and obligations, their current client base and potential clients, suppliers, employees, operation systems, forecasts, strategies and budgets, intellectual property, and other information that may be of importance.)
    9. Should either Party breach the terms of this agreement, the other may enforce its rights by means of any available legal remedy (including but not limited to interdict, mandatory order of court or civil claim).
    10. Should any term or condition of this contract be declared invalid or unenforceable, the term or condition will be deleted, and will not influence the validity of the remaining provisions.
    11. The Parties must deliver all legal documents, notices or other communications to the addresses provided and indicated as domicilium citandi et executandi.
    12. The Parties may send any non-legal documents, notices, or other communication via email, but must attach a “read receipt” to each mail sent, to provide confirmation that the communication has been received and read.