A mutual NDA, then your documents, then a report. Minutes, not a project. No portal, no login, nothing to install.
Mutual, so it protects both sides. Covers material non-public information, New York law, return or destroy on request, two-year term. Read it in full below.
As amended, for one to three loans, one period. That is the whole burden. Hand it over in the meeting or a secure link.
The expected-versus-claimed break table, the notice citation, and an append-only audit trail. Read-only. Nothing is stored.
You keep the report. If it earns its place, we talk about a standing engagement. If not, you have lost an hour.
Signed before anything moves, and mutual, so it protects your information and ours. No surprises, no fine print you have not seen. Here it is in full.
This Mutual Non-Disclosure Agreement (the "Agreement") is entered into as of the Effective Date by and between Nyx Foundry LLC, a New York limited liability company ("Nyx Foundry"), and the counterparty named on signature (the "Counterparty"). Each is a "Party" and together the "Parties." The Parties wish to explore a potential business relationship (the "Purpose") and, in doing so, may disclose confidential information to one another.
Non-public information disclosed by one Party to the other, in any form, that is marked confidential or that a reasonable person would understand to be confidential. It includes credit agreements, loan and borrower data, financial statements, pricing, business plans, software, and methods. It excludes information that was public through no fault of the recipient, already known without a duty of confidentiality, independently developed, or rightfully received from a third party.
The recipient will use the information only for the Purpose; protect it with at least reasonable care; disclose it only to personnel and advisors who need it and are bound by confidentiality; and not reverse engineer it or use it to compete with the discloser.
The information may include MNPI. The recipient will handle it under applicable securities laws and will not trade on it or disclose it improperly.
If legally compelled to disclose, the recipient will, where permitted, give prompt notice and disclose only what is legally required.
No license or ownership is granted by disclosure. Nothing here obligates either Party to proceed with any transaction.
The Agreement runs two years from the Effective Date; confidentiality obligations survive three years after disclosure. On request or termination, the recipient returns or destroys the information, except routine backups and copies required by law.
Information is provided as is. A breach may cause irreparable harm, and the discloser may seek injunctive relief in addition to other remedies.
Governed by the laws of New York. Entire agreement on this subject, amended only in writing signed by both Parties, and may be signed in counterparts, including electronically.
Nyx Foundry LLC By: __________ Date: ______
Counterparty By: __________ Date: ______
Thanks. We will send the mutual NDA and next steps to your work email within a day.
Nyx Foundry LLC is a software company. It is not a bank, is not FDIC-insured, does not take deposits, and does not hold or transmit customer funds. Nothing on this page is financial, investment, or legal advice.