One-Way Nondisclosure Agreement Page 2

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notes, and other written, printed, or tangible materials in its possession pertaining to the
Confidential Information immediately on the written request of disclosing party.
Time Periods.
The nondisclosure and confidentiality provisions of this Agreement shall survive the
termination of any relationship between the disclosing party and the receiving party.
Miscellaneous.
Nothing contained in this Agreement shall be deemed to constitute either party a partner,
joint venturer or employee of the other party for any purpose. This Agreement may not be
amended except in a writing signed by both parties. If a court finds any provision of this
Agreement invalid or unenforceable as applied to any circumstance, the remainder of this
Agreement shall be interpreted so as best to effect the intent of the parties. This
Agreement shall be governed by and interpreted in accordance with the laws of the State
of Minnesota. Any controversy or claim arising out of or relating to this Agreement, or
the breach of this Agreement, shall be settled by arbitration in accordance with the rules
of the American Arbitration Association and judgment upon the award rendered by the
arbitrator(s) may be entered in any court having jurisdiction. The prevailing party shall
have the right to collect from the other party its reasonable costs and attorneys fees
incurred in enforcing this agreement. Any such arbitration hearing shall include a written
transcript of the proceedings and a written explanation for any final determination. This
Agreement expresses the complete understanding of the parties with respect to the subject
matter and supersedes all prior proposals, agreements, representations and
understandings. This Agreement and each party's obligations shall be binding on the
representatives, assigns and successors of such party. Each party has signed this
Agreement through its authorized representative.
DISCLOSING PARTY:
_________________________________________
Signature
_________________________________________
Disclosing Party’s Name/title
Date: ____________________________________
RECEIVING PARTY:
_________________________________________
Signature
_________________________________________
Receiving Party’s Name
Date: ____________________________________
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