Non-Disclosure Agreement
Protecting confidential information and fostering trust.
Non-Disclosure Agreement
Effective Date: October 14, 2025
1. Parties
This Non-Disclosure Agreement (the "Agreement") is entered into between SyncroSol ("Company" or "We") and the individual or entity agreeing to these terms ("Recipient" or "You").
2. Purpose
The purpose of this Agreement is to protect the confidentiality of proprietary information that may be shared between the parties during discussions about potential business relationships, projects, or services.
3. Definition of Confidential Information
"Confidential Information" includes all information or material that has or could have commercial value or other utility in the business in which the Company is engaged, including but not limited to:
- Technical data, trade secrets, or know-how
- Product plans, designs, or specifications
- Customer lists, pricing information, or business strategies
- Financial information or projections
- Source code, algorithms, or proprietary processes
- Any other information marked as "Confidential" or reasonably understood to be confidential
4. Obligations of Recipient
Recipient agrees to:
- Hold and maintain the Confidential Information in strict confidence
- Not disclose, reproduce, or disseminate the Confidential Information to any third party
- Use the Confidential Information solely for the purpose of evaluating potential business relationships
- Take reasonable measures to protect the secrecy of the Confidential Information
- Limit access to Confidential Information to those who have a legitimate need to know
5. Exclusions
This Agreement does not apply to information that:
- Is or becomes publicly known through no fault of Recipient
- Was already known to Recipient prior to disclosure
- Is independently developed by Recipient without use of Confidential Information
- Is lawfully received from a third party without breach of confidentiality
6. Term
This Agreement shall remain in effect for a period of 3 years from the date of execution, unless terminated earlier by mutual written agreement.
7. Return of Materials
Upon termination of discussions or at the Company's request, Recipient shall promptly return or destroy all Confidential Information and certify in writing that such return or destruction has been completed.
8. Remedies
Recipient acknowledges that any breach of this Agreement may cause irreparable harm to the Company. In addition to other remedies available at law, the Company shall be entitled to seek injunctive relief to prevent or stop such breach.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Pakistan, without regard to its conflict of laws principles.
10. Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral, relating to the subject matter hereof.