NON-DISCLOSURE AGREEMENT
This Non-Disclosure Agreement (this "Agreement") is made at Chandigarh on 1 April 2026.
BETWEEN
Northline Analytics Private Limited, an individual, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Rohit Nair, Director ("Party A");
AND
Bansal Fresh Foods, an individual, of Shop No. 22, Sector 22-C, Chandigarh 160022, acting through Kavita Bansal, Proprietor ("Party B").
Party A and Party B are each a "Party" and together the "Parties".
RECITALS
A. Evaluating a potential distribution arrangement under which Party B would stock and sell Party A's packaged food products.
B. In the course of that, one or both Parties may disclose to the other information that is confidential, and the Parties wish to fix the terms on which it is protected.
NOW THIS AGREEMENT WITNESSES AS FOLLOWS.
- 1. DISCLOSURE MODE AND WHAT IS CONFIDENTIAL
1.1 Mutual — each Party may disclose confidential information to the other under this Agreement, and each Party is a "Disclosing Party" as to information it discloses and a "Receiving Party" as to information it receives, the obligations of this Agreement applying to each Party in whichever role it is in at the time
1.2 "Confidential Information" means any information disclosed by the Disclosing Party to the Receiving Party, in writing, orally or by inspection, that is marked or described as confidential, or that a reasonable person would understand to be confidential given its nature or the circumstances of disclosure, including business, financial, technical, operational and customer information.
1.3 Without limiting clause 1.2, the Parties specifically confirm that the following is Confidential Information: Party A's costing sheets, supplier list and unpublished recipe formulations.
1.4 Confidential Information does not include information that: is or becomes public other than through the Receiving Party's breach of this Agreement; was already lawfully known to the Receiving Party, without an obligation of confidence, before disclosure; is independently developed by the Receiving Party without reference to or use of the Confidential Information; or is required to be disclosed by law, regulation or a competent court, regulator or authority, provided the Receiving Party, where lawfully able to, gives the Disclosing Party prompt notice before disclosure so it may seek protective treatment.
- 2. PURPOSE AND USE
2.1 The Receiving Party shall use Confidential Information only for the purpose stated in Recital A (the "Purpose"), and for no other purpose, including competing with the Disclosing Party or reverse-engineering a product or process the Confidential Information relates to.
- 3. WHO MAY SEE IT
3.1 The Receiving Party may disclose Confidential Information only to its own officers, employees and professional advisers who need to know it for the Purpose and who are bound, by contract or professional duty, to keep it confidential on terms at least as strict as this Agreement.