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MUTUAL NON-DISCLOSURE AGREEMENT
THIS AGREEMENT, made and entered into as of this
_______day of ___________, ______ by and between __________________,
having its principal office at
___________________________________,hereinafter "Company" and
E-Quiver, Inc., having its principal office at Columbus, Ohio,
hereinafter "E-Quiver", establishes the terms and conditions
under which the parties agree to exchange or disclose certain
information, some of which may be confidential and proprietary and
subject to the restrictions on use and disclosure that are expressed in
this Agreement.
WHEREAS, the parties contemplate furnishing to
or acquiring from each other data, services, or goods with the potential
that the parties may do business together, and
WHEREAS, certain confidential and proprietary
technical, financial, business or other information, including but not
limited to reports, plans, documents, drawings, machines, writings
samples, tools, models, software, materials, and know-how may be
disclosed between the parties orally or in writing.
THEREFORE, THE PARTIES AGREE AS FOLLOWS:
1. Maintenance and Limited Disclosure of Confidential Information
- Company has developed certain information, some of which it
considers to be confidential and proprietary information not
publicly announced or disclosed, that relates to:
________________________________________________________.
Company agrees to make a limited disclosure of this information to
E-Quiver solely for the purpose of:
________________________________________________________.
- E-Quiver has developed certain information, some of which it
considers to be confidential and proprietary information not
publicly announced or disclosed, that relates to:
_________________________________________________________.
E-Quiver agrees to make a limited disclosure of this information
to company solely for the purpose of:
__________________________________________________________.
- The parties hereby agree that all Information (written, oral or
otherwise) is presumed to be nonconfidential and non-proprietary,
unless it is clearly marked otherwise. Only information that is
marked "CONFIDENTIAL" or "PROPRIETARY"
("Confidential Information") shall be identified as
proprietary at the time of disclosure and confirmed in writing as
being confidential by the disclosing party within fifteen (15)
days of such disclosure.
- The parties hereby agree that all Confidential Information
disclosed under this Agreement, unless written consent is
otherwise granted by the disclosing party, shall continue to be
maintained in confidence for a period of five (5) years from the
date of disclosure and shall be used solely in connection with the
obligations undertaken in this Agreement.
- The parties hereby agree that the obligations imposed upon
either party herein shall not apply to Confidential Information
which:
- is or becomes publicly known through no wrongful act of
the receiving party; or
- was in the public domain at the time it was disclosed to
the receiving party; or
- was known to the receiving party at the time it was
disclosed; or
- is or was rightfully received from another without any
breach of this Agreement; or
- is independently developed by the receiving party; or
- is approved for release by prior written authorization of
the discloser; or
- is required by operation of law to be disclosed.
The party seeking to establish such an
exception has the burden of proving it with written documentation.
2. Security
- Access to all Confidential Information shall be restricted to
those employees and persons in the receiving party’s immediate
organization (excluding parent corporations, subsidiaries, etc.)
having a need to know to perform services specifically requested
by one party or the other to fulfill the purpose of this
Agreement. Such employees or persons shall be notified of the
proprietary nature of such Confidential Information, and the
receiving party shall use the same degree of care as it employs
with its own Confidential Information, but in all events shall use
at least a reasonable degree of care.
- Reasonable care to protect the Confidential Information shall
include security at receiver’s facilities, limiting access to a
need to know basis, employee confidentiality agreements, employee
identification and education as to the need for security and
confidentiality, etc.
3. Limitation of Rights
- Nothing contained in this Agreement shall be construed as
granting any license of rights under any intellectual property,
including, but not limited to, patents, trademarks, copyrights,
mask works in semiconductor chips or other proprietary
information.
- No furnishing of Confidential Information and no obligation
hereunder shall obligate either party to enter into any further
Agreement or negotiation with the other, or to refrain from
entering into an agreement or negotiation with any other party
which does not breach any of its obligations under this Agreement.
4. Termination
All copies, regardless of the medium, evidencing
any and all disclosed Confidential Information shall be returned by
the receiving party to the disclosing party upon written request by
the disclosing party. The receiving party shall certify in writing
that it has returned (or destroyed as in the case of fixation in
computer storage mediums) all copies of the Information in its
possession.
5. Continuation of Confidential Obligations
The obligations of Paragraphs 1-4, except as
otherwise provided in Paragraphs 1.D and 1.E, shall remain in effect
and bind the heirs, successors, assignees, and legal representatives
of each party to this Agreement for a period of five (5) years after
the expiration or termination of this Agreement.
6. Disputes and Arbitration
The parties agree that any disputes or questions
arising under this Agreement, including the construction and
application of this Agreement, shall be settled in a court of law with
proper jurisdiction being Ohio.
7. General
- This Agreement constitutes the entire agreement between the
parties, superseding any and all prior or contemporaneous oral or
written representations, communications, understandings or
agreements with regard to the subject matter hereof.
- Any and all modifications or amendments to the Agreement must be
in writing and signed by both parties.
- Each party acknowledges that this Agreement is a valid and
legally binding obligation that has been executed by an authorized
representative.
- This Agreement is governed by and construed in accordance with
the laws of the State of Ohio.
- A copy of this Agreement transmitted via facsimile, bearing the
signature of one or both parties shall be deemed to be of the same
legal force and effect as an original of the Agreement bearing
such signature(s) as originally written by such one or both
parties.
| COMPANY
|
E-Quiver, Inc.
|
| Name:
________________________________
|
Name:
_______________________________ |
| Title:
________________________________ |
Title:
________________________________ |
| Signature: ________________________________
|
Signature: ________________________________
|
| Date:
________________________________
|
Date:
________________________________
|
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