Agreement Reference Number: [Enter Number]
Effective Date: [Enter Date]
Parties Involved: SayPro & [Receiving Party Name]
1. PARTIES
1.1 SAYPRO (DISCLOSING PARTY)
Company Name: SayPro
Company Registration Number: 2018 / 537703 / 07
Registered Address: 167 14th Road, Midrand, Gauteng, South Africa, 1685
Representative: Mr. Neftaly Vutisani Malatjie, SayPro Chief Executive Officer
(Hereinafter referred to as the “Disclosing Party”).
1.2 RECEIVING PARTY
Organization/Individual Name: [Enter Name]
Registration Number (if applicable): [Enter Number]
Physical Address: [Enter Address]
Representative Name: [Enter Name]
Position: [Enter Position]
(Hereinafter referred to as the “Receiving Party”).
2. PURPOSE OF AGREEMENT
- SayPro and the Receiving Party wish to explore [Project/Business Collaboration Details].
- During discussions and engagements, SayPro may disclose Confidential Information that must be protected.
- The Receiving Party agrees to maintain confidentiality and prevent unauthorized disclosure or misuse of such information.
3. DEFINITION OF CONFIDENTIAL INFORMATION
For the purposes of this Agreement, “Confidential Information” includes but is not limited to:
- Business strategies, financial data, trade secrets, and operational models.
- Technical data, software, research, development plans, and intellectual property.
- Customer lists, vendor information, and marketing strategies.
- Any other information identified as confidential by SayPro.
Confidential Information does NOT include:
- Information already publicly available before disclosure.
- Information independently developed by the Receiving Party.
- Information received legally from a third party without a confidentiality obligation.
4. OBLIGATIONS OF THE RECEIVING PARTY
The Receiving Party agrees to:
- Keep Confidential Information strictly confidential and not disclose it to any third party without written consent.
- Use Confidential Information only for the intended business purpose as agreed with SayPro.
- Take reasonable measures to protect Confidential Information from unauthorized access or misuse.
- Return or destroy all Confidential Information upon termination of this Agreement or upon request by SayPro.
5. EXCEPTIONS TO DISCLOSURE
- Confidential Information may be disclosed if required by law, court order, or regulatory authority.
- The Receiving Party must provide written notice to SayPro before any such disclosure, allowing SayPro to seek legal protection if necessary.
6. DURATION OF CONFIDENTIALITY
- This Agreement is effective from [Start Date] and remains in force for [Specify Duration, e.g., 2 years].
- The confidentiality obligations shall continue for [Specify Duration, e.g., 5 years] after the termination of this Agreement.
7. BREACH OF AGREEMENT & REMEDIES
- If the Receiving Party breaches this NDA, SayPro has the right to seek legal action, damages, and injunctive relief.
- The Receiving Party may be held liable for financial losses and reputational harm caused by the breach.
8. GENERAL PROVISIONS
- No License or Ownership: This Agreement does not grant any rights to patents, copyrights, trademarks, or other intellectual property.
- No Obligation to Proceed: This NDA does not require either party to proceed with any transaction or collaboration.
- Amendments: Any changes to this Agreement must be in writing and signed by both parties.
- Governing Law: This Agreement is governed by the laws of South Africa.
9. SIGNATURES
Signed on Behalf of SayPro (Disclosing Party)
Mr. Neftaly Vutisani Malatjie
SayPro Chief Executive Officer
Signature: _________________________
Date: _________________________
Signed on Behalf of [Receiving Party]
[Representative Name]
[Position]
Organization Name: [Enter Name]
Signature: _________________________
Date: _________________________
Witnesses
Witness 1:
Mr. Clifford Lesiba Legodi
SayPro Chief Operations Officer
Signature: _________________________
Date: _________________________
Witness 2:
Miss Tsakani Stella Rikhotso
SayPro Chief Learning and Monitoring Officer
Signature: _________________________
Date: _________________________
Witness 3:
Mr. Puluko Nkiwane
SayPro Chief Marketing Officer
Signature: _________________________
Date: _________________________
