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Non-Disclosure Agreement

This Non-Disclosure Agreement ("Agreement") is made and entered into as of [Date], by and between [Your Full Name], owner of Infinite Loop VR, located at [Business Address] ("Disclosing Party"), and [Investor's Full Name], located at [Investor's Address] ("Receiving Party"), collectively referred to as the "Parties."

1. Purpose
The Receiving Party understands that the Disclosing Party is considering selling the Infinite Loop VR business and agrees that the Disclosing Party is willing to provide the Receiving Party with certain confidential information relating to the business for the purpose of evaluating a potential purchase ("Purpose").

2. Definition of Confidential Information
For purposes of this Agreement, "Confidential Information" includes all data, materials, products, technology, computer programs, specifications, manuals, financial documents, business plans, and other information disclosed or submitted, orally, in writing, or by any other media, by the Disclosing Party to the Receiving Party.

3. Obligations of Receiving Party
The Receiving Party agrees to hold the Confidential Information in strict confidence and to not use the Confidential Information except as necessary to evaluate the potential purchase. The Receiving Party shall not disclose, publish, or disseminate the Confidential Information to any third party without the prior written consent of the Disclosing Party.

4. Exclusions from Confidential Information
Confidential Information does not include information that: (a) is or becomes publicly available without breach of this Agreement; (b) the Receiving Party lawfully received from a third party without breach of any obligation of confidentiality; or (c) the Receiving Party developed independently.

5. Term
The obligations of this Agreement shall remain in effect for a period of [X years/months] from the date of this Agreement, unless mutually agreed to in writing by the Parties.

6. Return of Confidential Information
Upon request by the Disclosing Party, the Receiving Party shall return or destroy all copies of the Confidential Information received.

7. No License
Nothing contained herein shall be construed as granting or conferring any rights by license or otherwise in any Confidential Information.

8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country], without regard to its conflict of laws principles.

IN WITNESS WHEREOF, the Parties have executed this Non-Disclosure Agreement as of the Effective Date.

[Your Full Name]

[Investor's Full Name]


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