Milestone-based independent contractor contract with strict escrow disbursement criteria and confidentiality covenants.
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MUTUAL NON-DISCLOSURE AGREEMENT (NDA)
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THIS AGREEMENT is entered into on this October 21, 2026, by and between:
PARTIES:
1. FIRST PARTY: NEXUSAI TECH PVT LTD (hereinafter referred to as the "Company"), having its principal place of business at Bangalore, Karnataka, India;
and
2. SECOND PARTY: THE COUNTERPARTY (hereinafter referred to as the "Recipient" / "Holder"), residing at or organized under applicable corporate jurisdiction.
WHEREAS:
A. The Company is engaged in high-growth technology and digital enterprise operations.
B. The Parties desire to enter into this legally binding agreement pursuant to the terms, conditions, and representations set forth below.
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SECTION 1: PURPOSE AND DEFINITIONS
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1.1 "Confidential Information" shall include all technical data, trade secrets, software codebases, financial forecasts, cap table allocations, and proprietary methodologies disclosed directly or indirectly by either party.
1.2 "Investment & Economic Terms": Where applicable, this instrument acknowledges a commitment amount of $100,000 subject to a post-money valuation cap of $5,000,000.
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SECTION 2: OBLIGATIONS & RESTRICTIONS
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2.1 Non-Disclosure & Duty of Care: The receiving party agrees to hold all disclosed trade assets in strict confidence and shall exercise the same degree of care as it uses to protect its own sensitive assets, but no less than reasonable care.
2.2 Intellectual Property Assignment: All original work products, codebases, APIs, and derivatives created during the term of engagement shall vest exclusively in the Company without encumbrance.
2.3 Vesting & Acceleration: Any equity instruments granted shall be subject to customary 4-year vesting with a 1-year cliff, unless modified in writing by unanimous board consent.
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SECTION 3: GOVERNING LAW & DISPUTE RESOLUTION
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3.1 This Agreement shall be governed by, and construed in accordance with, the laws of Bangalore, Karnataka, India.
3.2 Any dispute, controversy, or claim arising out of this Agreement shall be referred to and finally resolved by binding arbitration in accordance with applicable Arbitration Rules.
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SIGNATURES AND EXECUTION:
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FOR THE COMPANY:
Signature: __________________________
Name: NexusAI Tech Pvt Ltd
Title: Authorized Managing Director
Date: 10/21/2026
FOR THE COUNTERPARTY:
Signature: __________________________
Name: THE COUNTERPARTY
Title: Signatory / Beneficiary
Date: 10/21/2026
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