Clause wording:
This Agreement is entered into this [ ] day of [ ] between ABC of
[ ] ('[ABC]') and [ ] of [ ].
Background
(A) WHEREAS, each party has developed certain
technical or business information related to its respective products or product
plans which is confidential and proprietary information; and
(B) WHEREAS, the parties, for their mutual
benefit, desire to disclose to each other the Confidential Information defined
below in connection with discussions between their authorised representatives
for the purpose of exploring a potential business relationship between the
parties. |
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