Posted in: UTI

UTI Pan Agent NDA Format

Written by admin

Non-Disclosure Agreement

  1. This Declaration (“Declaration”) is entered into as of the day of signing, by ___________________________________________________ (“Receiving Party”)
  2. WHEREAS,
    a. We have approached UTIITSL and submitted Application under
    _________________________________(Individual/Corporate) Category for appointment as PAN
    Service Agent.
    b. UTIITSL has appointed/ agreed to appoint our agency M/s.___________________________________________
    as PAN Service Agent (hereinafter called as PSA) and including its branches/subagents for collecting and receiving the PAN application forms from the applicants
    and also for providing other related service to the PAN applicants based on
    agreement executed with UTIITSL.
    c. It is anticipated that we may get access to confidential information with respect to
    our engagement with UTI INFRASTRUCTURE TECHNOLOGY AND SERVICES
    LIMITED) for the purpose of acceptance of PAN application as PAN Service
    Agents .
  3. For the purpose of this Declaration “Confidential Information” shall mean any and all
    information and data, including but not limited to any kind of any product, service,
    process, invention, improvement or development carried on or used, discoveries,
    ideas, concepts, know-how (whether patentable or copyrightable or not), research,
    development, designs, specifications, drawings, blueprints, tracings, diagrams,
    models, samples, flow charts, computer programs, algorithms, marketing plans or
    techniques, budgets, costs, profits, prices, discounts, mark-ups, strategies, tenders
    and any price sensitive information, whether or not labelled as “Confidential
    Information” and disclosed in connection with the Purpose, irrespective of the medium
    in which such information or data is embedded. Confidential Information shall include
    any copies, abstracts, reports, work products or any derivatives made or derived there
    from.
  4. All Confidential Information disclosed pursuant to this Declaration:
    a. Shall be used exclusively for the Purpose of this Declaration, and the receiving
    party shall be permitted to use Confidential Information disclosed only for such sole
    Purpose and for no other purpose, unless otherwise expressly agreed to in writing
    by disclosing party;
    b. Shall not be distributed, disclosed, or disseminated in any way or form by the
    receiving party to anyone except parties who have the reasonable need to know
    the Confidential Information and who are bound to confidentiality by their
    employment agreement;
    c. Shall not be disclosed to any other third party without the prior written approval
    from disclosing party;
    d. Shall not be used for personal purpose or for the benefit of anyone other than the
    disclosing party.
    e. Shall not be used to make abridged version, copies, summaries or extract in any
    form, nor will remove any Confidential Information from the place of business
    unless authorized by the disclosing party.
    f. (PSA and Sub PSA) Shall use only the authorized portal provided by UTIITSL and
    no other website or web portal for the purpose of capturing of data and collecting /
    receiving PAN application forms for issuance of PAN under the service provider
    UTIITSL on behalf of Income Tax Department, CBDT.
  5. It is understood that no license or right of use or any other right in respect of the
    Confidential Information is granted or conveyed by this Declaration. The disclosure
    of Confidential Information and materials shall not result in any obligation to grant the
    receiving party any such rights therein.
  6. Receiving party agrees that it shall treat Confidential Information disclosed under this
    Declaration as strictly confidential perpetually.
  7. All Confidential Information disclosed pursuant to this Declaration shall either be
    returned to disclosing party or be destroyed upon cessation of engagement.
  8. In the event of a breach or threatened breach of this Declaration by or any one acting
    on behalf of the Receiving party, without prejudice to other rights and remedies which
    disclosing party may have in this regard, disclosing party shall be entitled to seek any
    equitable relief, specific performance or any such applicable relief from any court of
    competent jurisdiction.
  9. This Declaration shall be governed by laws of India.
  10. If any term, clause or provision of this Declaration shall be judged to be invalid for any
    reason whatsoever, such invalidity shall not affect the validity or operation of any
    other term, clause or provision of this Declaration and such invalid term clause or
    provision shall be deemed to have been deleted from this Declaration.
  11. The provisions of this Declaration may not be modified, amended, nor waived, except
    by a written instrument duly executed by the Parties hereto. The requirement of
    written form can only be waived in writing. I agree to have read and abide by the
    above Declaration.

NAME 🙁 Contact Person)

PSA ID

SEAL AND SIGNATURE

EXECUTED At Date:

Contain Table:

Credit Card:

Banking:

Other’s:

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