
Non disclosure agreement
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Effective Date: The date on which the Receiving Party submits their agreement and identifying information through the website form. About: This Nondisclosure Agreement (“Agreement”) is entered into by and between: Power Station Inc. Business Address: 7911 Countryside Drive, Unit #139, Niwot, CO 80503(“Disclosing Party”)and**The individual or entity submitting their information and consent through the website form**(“Receiving Party”) Collectively, the “Parties.” 1. Purpose: The Disclosing Party may share certain confidential, proprietary, or trade secret information with the Receiving Party in connection with potential business discussions, evaluation of opportunities, and/or collaboration relating to Power Station's music-streaming and `live-studio-performance platform (the “Purpose”). 2. Definition of Confidential Information: “Confidential Information” means all non-public information disclosed by the Disclosing Party to the Receiving Party in any form (oral, written, electronic, visual, or otherwise), including but not limited to:* Business strategies, financial information, and marketing plans* Product concepts, designs, and technical data* Customer, vendor, and investor information* Contracts, pricing, and operational methods* Any other information marked or reasonably understood to be confidentialConfidential Information does **not** include information that:a) is or becomes publicly available through no fault of the Receiving Party;b) is lawfully obtained by the Receiving Party from a third party without breach of any obligation of confidentiality; orc) is independently developed by the Receiving Party without use of or reference to the Disclosing Party’s Confidential Information. 3. Obligations of the Receiving: PartyThe Receiving Party agrees to:* Use the Confidential Information solely for the Purpose described above;* Maintain the confidentiality of the Confidential Information with at least the same degree of care used to protect their own confidential information (but no less than a reasonable degree of care);* Not disclose, share, or disseminate Confidential Information to any third party without the prior written consent of the Disclosing Party;* Take reasonable precautions to prevent unauthorized access, use, or disclosure. 4. Term: This Agreement will remain in effect for a period of **three (3) years** from the Effective Date, or until the Confidential Information no longer qualifies as confidential, whichever occurs first. 5. Return or Destruction: Upon request by the Disclosing Party, the Receiving Party must promptly return or destroy all materials containing Confidential Information. 6. No License: Nothing in this Agreement grants the Receiving Party any rights to the Disclosing Party’s intellectual property, except the limited right to use Confidential Information for the Purpose stated. 7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado, without regard to its conflict-of-law rules. 8. Entire Agreement: This Agreement constitutes the entire understanding between the Parties regarding the subject matter hereof and supersedes all prior discussions or agreements, whether written or oral. 9. Acceptance: By submitting their name, contact information, and acknowledgment through the website form, the Receiving Party affirms that they have read, understood, and agreed to be bound by the terms of this Agreement.