Version 2.0 · 16 October 2026
PARTIES
On the one hand, MyForge Labs Kft. (registered office: Maléter Pál utca 2., 1118 Budapest, Hungary; company registration number: 01-09-450429; tax number: 32937800-2-43; email: 11.11@myforgelabs.com; hereinafter: “MyForge Labs”), and on the other hand, the person accepting this agreement electronically or, where acting on behalf of the organisation stated, the organisation they represent (hereinafter: the “Partner”); together the “Parties” and each a “Party”.
The Parties are discussing a possible or ongoing business collaboration (hereinafter: the “Collaboration”), in the course of which they share confidential information with each other. To protect it, they agree as follows.
1. DEFINITIONS
1.1. Confidential Information: any business, technical, financial, organisational or other information, data and documents that one Party (the “Disclosing Party”) makes known to the other Party (the “Receiving Party”) in connection with the Collaboration in any form – orally, in writing, electronically, by demonstration, in a meeting or otherwise – whether before or after the acceptance of this agreement. This includes in particular business plans and strategies, financial and pricing data, client and partner lists, technical data, specifications, source code, system descriptions, access credentials, know-how and information qualifying as a trade secret (Hungarian Act LIV of 2018). Information is confidential even if not marked as such, where this is reasonably apparent from its nature or the circumstances of its disclosure.
1.2. Meeting: a discussion or meeting between the Parties held in person or online.
1.3. Recording: an audio and/or video recording of a Meeting, together with any transcript made from it.
2. EXCEPTIONS
2.1. Confidential Information does not include information that the Receiving Party can demonstrate
a) was publicly known at the time of disclosure, or later became publicly known through no fault of the Receiving Party;
b) was already in its possession before disclosure without any obligation of confidentiality;
c) was lawfully obtained from a third party without any obligation of confidentiality; or
d) was developed independently, without use of the Confidential Information.
2.2. The Receiving Party may disclose Confidential Information where required to do so by law, a court or an authority – only to the extent necessary and, unless prohibited by law, after notifying the Disclosing Party in advance or, if that is not possible, without delay.
3. CONFIDENTIALITY OBLIGATION
3.1. The Receiving Party shall
a) use the Confidential Information solely to evaluate and perform the Collaboration;
b) not disclose it to any third party without the prior written consent of the Disclosing Party; and
c) protect it with at least the same degree of care it applies to its own information of a similar nature, and in any case with no less than reasonable care.
3.2. The Receiving Party may share Confidential Information only with those of its employees, members, executives, subcontractors and professional advisers (such as lawyers or accountants) who need it for the Collaboration and who are bound by confidentiality obligations at least as strict as those in this agreement. The Receiving Party is liable for their conduct as if it were its own.
3.3. At the Disclosing Party’s written request, the Receiving Party shall return or delete the Confidential Information within 15 days and confirm this in writing on request. Information that must be retained by law, or that is held in automatic backups, need not be deleted; the confidentiality obligation continues to apply to it.
4. INTELLECTUAL PROPERTY, INDEPENDENT DEVELOPMENT
4.1. Neither Party acquires any ownership, licence or other right to the other Party’s Confidential Information or intellectual creations under this agreement, and neither Party is obliged to enter into any further contract.
4.2. The Partner acknowledges that MyForge Labs develops software and digital solutions. This agreement does not restrict MyForge Labs from developing similar solutions for other clients, provided that it does not use the Partner’s Confidential Information in doing so. The Parties’ general professional knowledge, methods and experience do not constitute the other Party’s Confidential Information.
5. RECORDING OF MEETINGS
5.1. MyForge Labs makes a Recording only if the Partner has separately consented to it on acceptance, all participants are informed of the recording at the start of the Meeting, and no participant objects. The sole purpose of a Recording is the accurate documentation of what was discussed, the preparation of minutes and the follow-up of the project.
5.2. Consent to recording is voluntary: it is not a condition of this agreement or of the Collaboration, and it may be withdrawn at any time, including during a Meeting. In that case MyForge Labs stops the recording and takes written notes instead.
5.3. MyForge Labs treats Recordings as Confidential Information: it does not publish them, does not use them for marketing and does not provide them for training artificial intelligence. It makes Recordings with its own device (a phone) and transcribes them with a self-hosted language model, so Recordings are not passed to any external artificial intelligence provider. To store Recordings and transcripts it uses a hosting provider (Hostinger International Ltd.) as data processor; data processors are listed in the privacy policy.
5.4. MyForge Labs retains the raw Recording for 12 (twelve) months after the project is closed or, if no contract is concluded, for 6 (six) months after the last Meeting, and then deletes it. Written minutes approved by the Parties form part of the project documentation and may be retained for the same period as that documentation.
6. DATA PROTECTION
6.1. MyForge Labs acts as controller of the personal data provided on acceptance and of the Recordings, in accordance with the EU General Data Protection Regulation (GDPR) and Hungarian Act CXII of 2011 on the Right of Informational Self-Determination and on Freedom of Information. The legal basis for a Recording is the consent of the data subject (Article 6(1)(a) GDPR; Section 2:48 of the Hungarian Civil Code). Details of the processing, data subject rights and remedies are set out in the privacy policy available at www.myforgelabs.com/en/privacy-policy.
6.2. The Partner shall ensure that its staff attending a Meeting are made aware of this information.
6.3. If, in the course of the Collaboration, MyForge Labs processes personal data on the Partner’s behalf (for example a test or production database), the Parties shall first conclude a separate data processing agreement (Article 28 GDPR).
7. TERM AND TERMINATION
7.1. This agreement is concluded upon acceptance and remains in force for an indefinite period.
7.2. Either Party may terminate it with 30 days’ notice in writing (including by email).
7.3. The confidentiality obligation survives termination for 5 (five) years with respect to Confidential Information disclosed before termination and, for information qualifying as a trade secret, for as long as it remains a trade secret.
7.4. If the Parties later conclude a contract for the Collaboration that provides otherwise on confidentiality, that later contract prevails on that subject.
8. LIABILITY
8.1. The Parties are liable for any breach of this agreement in accordance with the Hungarian Civil Code. The Disclosing Party may also enforce its rights under the Hungarian Trade Secrets Act.
9. ELECTRONIC ACCEPTANCE, AUTHORITY
9.1. The Parties conclude this agreement electronically: the Partner accepts it by reading the full text, ticking the acceptance checkbox and pressing the submit button. The PDF of the acceptance – bearing a document ID, timestamp and fingerprint of the text – and the confirmation email constitute the written record of the agreement (Section 6:7(3) of the Hungarian Civil Code).
9.2. Anyone accepting this agreement on behalf of an organisation declares that they are authorised to represent that organisation.
10. FINAL PROVISIONS
10.1. This agreement may only be amended by mutual written declaration of the Parties, which may also be made by email.
10.2. If any provision of this agreement is invalid or unenforceable, the validity of the remaining provisions is not affected.
10.3. This agreement is governed by Hungarian law. The Parties shall first seek to settle any dispute by negotiation; failing that, the Hungarian court having jurisdiction shall decide.
10.4. This agreement is available in Hungarian and English. In the event of any discrepancy, the Hungarian version prevails.