Non-Disclosure Agreement (NDA)
Effective Date: after Payment of the contract (new contract)
Term: Five (5) years from Effective Date
1. Parties
This Non-Disclosure Agreement (“Agreement”) is entered into by and between:
Disclosing Party: Visidius (the “Provider”)
Receiving Party/Recipient: The individual or entity submitting this form and agreeing to this Agreement.
Together referred to as “the Parties.
2. Purpose
The Client acknowledges that during the collaboration with Visidius, they may gain access to confidential information, strategies, methods, content, workflows, technologies, and trade secrets (collectively “Confidential Information”).
The purpose of this agreement is to protect that information from disclosure or misuse.
3. Definition of Confidential Information
“Confidential Information” shall include, but is not limited to:
-business strategies, methods, and concepts
-technical data, plans, designs, prototypes
-written, oral, or visual materials, regardless of format
-client data, personal data, financial data
-intellectual property, creative works, digital assets
-documents, contracts, reports, and communications
Confidential Information remains protected whether or not it is specifically marked as “Confidential.”
4. Exclusions from Confidential Information
The only exclusions to “Confidential Information” are:
1. Information that is or becomes publicly available through no fault of the Recipient.
2. Information lawfully obtained by the Recipient prior to this Agreement
3. Information independently developed by the Recipient without use of the Discloser’s Confidential Information.
5. Obligations of Recipient
The Recipient shall:
Maintain Confidential Information in strict secrecy.
Not disclose, share, or reproduce Confidential Information to any third party without the written consent of the Discloser.
Use Confidential Information solely for the agreed purpose of cooperation.
Implement reasonable security measures to protect Confidential Information.
6. Rights of Discloser
All Confidential Information remains the exclusive property of the Discloser.
The Discloser reserves the right to approve or reject cooperation at any time.
The Discloser reserves the right to retain all payments once confidential content, deliverables, or intellectual property have been provided. No refunds shall apply in such cases.
7. Duration
This Agreement shall remain effective for five (5) years from the Effective Date, regardless of whether the cooperation ends earlier.
8. Remedies & Consequences of Breach
If the Recipient violates this Agreement:
The Recipient shall pay a contractual penalty of €20,000 (twenty thousand euros) immediately upon breach.
The Recipient shall fully compensate for all direct, indirect, and consequential damages caused by the breach.
The Discloser may seek injunctive relief, financial damages, and legal enforcement in competent courts.
9. Governing Law & Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the Slovak Republic. Any disputes shall be resolved exclusively by the competent courts of the Slovak Republic.
10. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning confidentiality and supersedes all prior agreements, whether oral or written.
*By checking the box in the main form, the Recipient acknowledges having read, understood, and agreed to the terms of this Non-Disclosure Agreement.
