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Micro-Budget NDA

This document outlines a Non-Disclosure Agreement (NDA) between Disclosing Parties and Receiving Party regarding confidential information related to a motion picture project. The Receiving Party agrees to keep the disclosed information confidential and restrict its use to evaluation purposes only, while also outlining the consequences of unauthorized disclosure. The NDA remains in effect until the information is made public or the Disclosing Parties release the Receiving Party from the agreement.

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0% found this document useful (0 votes)
10 views2 pages

Micro-Budget NDA

This document outlines a Non-Disclosure Agreement (NDA) between Disclosing Parties and Receiving Party regarding confidential information related to a motion picture project. The Receiving Party agrees to keep the disclosed information confidential and restrict its use to evaluation purposes only, while also outlining the consequences of unauthorized disclosure. The NDA remains in effect until the information is made public or the Disclosing Parties release the Receiving Party from the agreement.

Uploaded by

PTG Films
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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WHEREAS ____________________________, representing ______________________


with principal offices in _______________________________ (“Disclosing Parties”) are
desirous of disclosing certain valuable information, concepts, ideas, or designs relating to
the motion picture project, or projects, currently entitled __________________________
which the Discloser deems confidential (the “Information”) which may be in written form
and/or transmitted orally and WHEREAS the undersigned (“Receiving Party”) is
interested in considering such Information to determine whether, or if, there will be
future involvement with said project, or projects, with such interests including, but not
limited to, developing, investing, purchasing, producing, selling and/or joint venturing
and wishes to review the Information towards those ends, NOW THEREFORE, in
consideration of the mutual promises and covenants herein contained, the undersigned
agrees to enter into a confidential relationship with respect to the disclosure of said
Information.

1. For purposes of this Agreement, "Information" shall include all information or material
that has or could have commercial value or other utility in the business in which
Disclosing Parties are engaged, or has or could be used in the creation of future similar
ventures, including, but not limited to, story, ideas, concepts and fictional characters that
may be deemed included and considered as Intellectual Property.

2. Receiving Party agrees not to sell, deal in, or otherwise use or appropriate the disclosed
Information in any way whatsoever, including but not limited to, adaptation, imitation,
redesign, or modification and Receiving Party shall hold and maintain the Information in
strictest confidence for the sole and exclusive benefit of the Disclosing Parties. Receiving
Party shall restrict access to Information to only those third parties, employees, or
consultants as is reasonably required for the Receiving Party’s evaluation to determine its
interest in the commercial exploitation of the Information and shall require those persons
to be bound by nondisclosure restrictions at least as protective as those in this Agreement.
Receiving Party understands and agrees that the unauthorized disclosure of the
Information by the Receiving Party to others would irreparably harm the Disclosing
Parties. Receiving Party shall not, without prior written approval of the Disclosing
Parties, use for Receiving Party's own benefit, publish, copy, or otherwise disclose to
others, or permit the use by others for their benefit or to the detriment of the Disclosing
Parties, any Information. Receiving Party shall return to Disclosing Parties any and all
records, notes, and other written, printed, or tangible materials in its possession pertaining
to Information immediately if the Disclosing Parties requests it in writing.

3. If, on the basis of the evaluation of the Information, Receiving Party wishes to pursue
the exploitation thereof, Receiving Party agrees to enter into good faith negotiations to
arrive at a mutually satisfactory agreement for these purposes. Until and unless such an
agreement is entered into, this Nondisclosure Agreement shall remain in force.
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4. The nondisclosure provisions of this Agreement shall survive the termination of this
Agreement and Receiving Party's duty to hold Information in confidence shall remain in
effect until the Information has willfully and fully been made public by the Disclosing
Parties for their own benefit or until Disclosing Parties sends Receiving Party written
notice releasing Receiving Party from this Agreement, whichever occurs first.

5. Nothing contained in this Agreement shall be deemed to constitute either party a


partner or employee of the other party for any purpose, and all Information disclosed by
the Disclosing Parties to Receiving Party, and/or its agents, shall remain the property of
the Disclosing Parties. Nothing contained in this Agreement shall be deemed to give
Receiving Party any rights whatsoever in, of, or to the Information.

6. The failure of either party to enforce its rights under this Agreement at any time for
any period shall not be construed as a waiver of such rights. If a court finds any part, term
or provision of this Agreement invalid or unenforceable, the remainder of this Agreement
shall be interpreted so as best to effect the intent of the parties. This Agreement and each
party's obligations shall be binding on the representatives, assigns and successors of such
party. This Agreement constitutes complete understanding of the parties with respect to
the subject matter and supersedes all prior proposals, agreements, representations, and
understandings with respect hereto.

7.In the event a lawsuit is brought to enforce the terms of this Agreement, the prevailing
party shall be entitled to an award of its reasonable attorneys’ fees and costs.

IN FULL AGREEMENT AND ACCEPTANCE WHEREOF, the Receiving Party affixes


their signature below, executing this agreement effective as of that date:

______________________________________________________________ (Signature)

___________________________________________________ (Typed or Printed Name)

Title: ______________________________________________ Date: _______________

______________________________________________________________ (Signature)

___________________________________________________ (Typed or Printed Name)

Title: ______________________________________________ Date: _______________

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