Jane Smith, and Mike Jones agree that from time to time they may disclose to one another confidential information or trade secrets generally regarding quantum physics theory.

Jane Smith and Mike Jones agree that they shall not disclose any information shared between them concerning quantum physics unless it conforms to this agreement. Both parties shall limit disclosure of any information concerning quantum physics theory to the officers and employees on the management team of XYZ Nuclear Physics Corporation.

All confidential material shall be put into writing prior to any disclosure, placed in a red manila envelope, and labeled "CONFIDENTIAL."

The non-disclosure obligation shall terminate to any particular piece of information if any of the following occurs:

(1) The confidential information becomes known to the public without the fault of the party receiving disclosure, or;

(2) the information is disclosed publicly by the party disclosing, or;

(3) a period of 48 months passes from the disclosure, or;

(4) the information loses its status as confidential through no fault of the party receiving disclosure.

In any event, the obligation of non-disclosure shall not apply to information that was known to a party prior to the execution of this agreement.

Dated: _____________

Signature: _________________
Jane Smith

Signature: _________________
Mike Jones