I was confronted the following chapter named "independent development"
The Disclosing Party understands that the Receiving Party may currently or in the future be developing information internally, or receiving information from other persons. firms or corporations that may be similar to, or have the same or similar subject matter as, Confidential Information provided by or relating to the Disclosing Party (“the Disclosing Party’s Information ”). Accordingly ,nothing in this Agreement will be construed as any representation or inference that the Receiving Party will not develop, market, sell or distribute products or services, or have products or services developed, marketed, sold or distributed for it, that, without breach of this Agreement, are capable of being used or applied in competition with any products or services falling with in the subject matter of the Disclosing Party's Information.
My question involves the -not develop,market,sell or distribute part. If I sign this NDA, am I still allowed to create my own service/product which has (public?) features of the product that the Disclosing party has?
Or is it explicitly stating that I'm not allowed to do that? I'm not a native speaker so please explain in an easy to understand language.