Agreement Not to Disclose Confidential
Information
This
Agreement establishes terms and conditions for disclosures
of Confidential Information by and between IntriPlex Technologies,
Inc. or it's subsidiaries or affiliates ("IPT")
and the Company completing the New Customer Survey. IPT
and the New Client are referred to herein individually
as a "Party" and collectively as the "Parties".
WHEREAS, the Parties agree that for
purposes of this Agreement the undersigned shall include
it and its subsidiaries, affiliates, assignees and successors.
WHEREAS, the Parties acknowledge that
access to trade secrets, processes, product dimensions,
descriptions or developments and other Confidential
Information, which is developed at considerable time
and expense, may be made available in the course of
business.
Hereinafter, such information is referred
to as "Confidential Information. The "Disclosing
Party" shall mean each Party to this Agreement,
with respect to Confidential Information that is owned
by the Disclosing Party or in which the Disclosing Party
has any other right, title, or interest.
The "Recipient" shall mean each Party to this
Agreement, in its respective capacity as a recipient
of Confidential Information owed by a Disclosing Party.
NOW, THEREFORE, in consideration of
the relationship between the Parties and other valuable
consideration, the Parties agree:
1.
In
the absence of written confirmation from the Disclosing
Party that information disclosed to the Recipient
is not confidential, all disclosed information shall
be treated as Confidential Information unless it
is generally known, or becomes generally known to
the public, or voluntarily made available to the
public by the Disclosing Party, or is known by the
Recipient prior to its disclosure, or is independently
developed by any employee of the Recipient without
use of the Confidential Information.
2.
Except by written permission from the Disclosing
Party, the Recipient shall never disclose nor use
(except as required to serve or as required by applicable
law its obligations) any of the Disclosing Party's
Confidential Information. The Recipient will not
disclose Confidential Information to any subcontractor
without the Disclosing Party's prior written consent.
3.
The
Recipient shall comply with the terms of Paragraph
2 for five (5) years from the date of disclosure
unless it is agreed in writing by the Parties to
extend the term of the Agreement.
4.
The
Recipient will notify the Disclosing Party immediately
of any unauthorized use, disclosure, publication
or reproduction of any trade secret or confidential
business information of which it has knowledge by
any person, firm or other entity whatsoever having
access to Confidential Information through the Recipient.
5.
The
Recipient agrees that it has instructed its directors,
employees, agents and/or subcontractors, if any,
who may learn of Confidential Information, that
such information is confidential and that there
are obligations of confidence in connection therewith.
6.
This Agreement is the entire Agreement on this subject
between the parties. This Agreement supersedes all
previous written or oral agreements on this subject
between the parties or any of their officials or
representatives.
7.
Subject
to the provisions of paragraph 3 hereof with respect
to previously disclosed Confidential Information,
this Agreement shall terminate after the earlier
of (i) the day which is three (3) years after the
date hereof, or (ii) fifteen (15) days after the
receipt by one party hereto of written notice from
the other party terminating this Agreement.
8.
This
Agreement should be governed by the laws of the
State of California without reference to its conflict
of law principles.