Non-Disclosure Agreement (NDA)
This Non-Disclosure Agreement (“Agreement”) is entered into as of the date of execution below by and between T.K. Thrive LLC, a Florida limited liability company with its principal office located at 200 Sunny Isles Blvd, Sunny Isles Beach, FL 33160, (“Disclosing Party”), and the party signing below (“Receiving Party”).
1. Purpose
The Disclosing Party agrees to share confidential information, including case studies, methodologies, results, and related materials (“Confidential Information”), to provide insights into T.K. Thrive’s services. The Receiving Party agrees to use this information solely for evaluating T.K. Thrive’s offerings and not for any other purpose.
2. Definition of Confidential Information
Confidential Information includes, but is not limited to, all written, verbal, or digital information related to case studies, client projects, experimental designs, methodologies, outcomes, and any other proprietary data. This information may involve experiments conducted anonymously, under fictitious brands, or for pre-launch purposes.
3. Obligations of Receiving Party
The Receiving Party agrees to:
a. Keep all Confidential Information strictly confidential and not disclose it to any third party without prior written consent from the Disclosing Party.
b. Use the Confidential Information only for the stated purpose.
c. Protect the Confidential Information using at least the same degree of care as used to protect its own confidential information, but no less than reasonable care.
4. Exclusions from Confidential Information
Confidential Information does not include information that:
a. Is or becomes publicly available without breach of this Agreement;
b. Was known to the Receiving Party before disclosure by the Disclosing Party;
c. Is received from a third party without breach of any confidentiality obligation; or
d. Is independently developed by the Receiving Party without the use of the Disclosing Party’s Confidential Information.
5. Term and Termination
This Agreement will remain in effect for a period of two (2) years from the date of execution unless terminated earlier in writing by the Disclosing Party. The obligations of confidentiality shall survive termination for five (5) years.
6. Return or Destruction of Information
Upon request by the Disclosing Party, the Receiving Party must promptly return or destroy all copies of the Confidential Information in its possession.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Florida.
8. No Transfer of Rights
No rights or licenses under any intellectual property are granted by the disclosure of Confidential Information under this Agreement.
9. Entire Agreement
This Agreement constitutes the entire understanding between the parties regarding the subject matter and supersedes all prior agreements, whether written or oral.
Acknowledgment and Agreement
By signing below, the Receiving Party acknowledges and agrees to the terms of this Non-Disclosure Agreement.
Disclosing Party:
T.K. Thrive LLC