|
THIS NON-DISCLOSURE AGREEMENT (.the Agreement.) is made and entered for
year of 2008 between
CompuRecovery Inc. (.Company.) and (.Recipient.).
PURPOSE
The Disclosing Party and Receiving Party wish to discuss and exchange certain items and
information related to business programs, products, applications, systems, components,
technologies and business topics (the .Invention.) which the parties hereto consider
highly confidential and proprietary.
NOW THEREFORE, the parties hereto, intending to be legally bound in consideration of
the mutual covenants and
agreements set forth herein, hereby agree as follows:
-
USE OF CONFIDENTIAL INFORMATION
The Receiving Party agrees to:
-
receive and maintain the Confidential Information in confidence;
-
examine the Confidential Information at its own expense and using electronic means;
-
not reproduce the Confidential Information or any part thereof without the express
written consent of Disclosing Party;
-
not, directly or indirectly, make known, divulge, publish or communicate the
Confidential Information to any person, firm or corporation without the express written
consent of Disclosing Party;
-
limit the internal dissemination of the Confidential Information and the internal
disclosure of the Confidential Information received from the Disclosing Party to those
officers and employees, if any, of the Receiving Party who have a need to know and an
obligation to protect it;
-
not use or utilize the Confidential Information without the express written consent of
Disclosing Party;
-
not use the Confidential Information or any part thereof as a basis for the design or
creation of any method, system, apparatus or device similar to any method, system,
apparatus or device embodied in the Confidential Information unless expressly authorized
in writing by Disclosing Party; and
-
utilize the best efforts possible to protect and safeguard the Confidential Information
from loss, theft, destruction, or the like.
-
RETURN OF CONFIDENTIAL INFORMATION
All information provided by the Disclosing Party shall remain the property of the
Disclosing Party. Receiving Party agrees to return
all Confidential Information to Disclosing Party within 15 days of written demand by
Disclosing Party. When the Receiving Party hasfinished reviewing the information provided by the Disclosing Party and has made a
decision as to whether or not to work with the
Disclosing Party, Receiving Party shall return all information to the Disclosing Party
without retaining any copies.
-
NON-ASSIGNABLE
This agreement shall be non-assignable by the Receiving Party unless prior written
consent of the Disclosing Party is received. If this Agreement is assigned or otherwise
transferred, it shall be binding on all successors and assigns.
-
GOVERNING LAW
This Agreement and all questions relating to its validity, interpretation, performance
and
enforcement (including, without limitation,
provisions concerning limitations of actions), shall be governed by and construed in
accordance with the laws of the State of OHIO, notwithstanding any conflict-of-laws
doctrines of such state or other jurisdiction to the contrary, and without the aid of
any
canon, custom or rule of law requiring construction against the draftsman.
-
No License
Neither party does, by virtue of disclosure of the Confidential Information, grant,
either
expressly or by implication, estoppels or otherwise, any right or license to any patent,
trade secret, invention, trademark, copyright, or other intellectual property right.
-
Binding Nature of Agreement
This Agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective heirs, personal representatives, successors and assigns.
-
Provisions
The provisions of this Agreement are independent of and separable from each other, and
no provision shall be affected or rendered invalid or unenforceable by virtue of the
fact
that for any reason any other or others of them may be invalid or unenforceable in whole
or in part.
-
ENTIRE AGREEMENT
This Agreement sets forth all of the covenants, promises, agreements, conditions and
understandings between the parties and there are
no covenants, promises, agreements or conditions, either oral or written, between them
other than herein set forth. No subsequent
alteration, amendment, change or addition to this Agreement shall be binding upon either
party unless reduced in writing and signed
by them.
-
Arbitration
Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be resolved by arbitration conducted
by the Commercial Division of the American Arbitration Association and in accordance
with the rules thereof, conducted in Cleveland, Ohio, or in any other convenient forum
agreed to in writing by the parties.
Any arbitration award shall be final and binding,
and judgment upon the award rendered pursuant to such arbitration may be entered in any
court of proper jurisdiction. Notwithstanding the foregoing, either party may seek and obtain temporary injunctive
relief from any court of competent jurisdiction against any improper disclosure of the
Confidential Information.
IN WITNESS OF THEIR AGREEMENT, the parties have set their hands to it below
effective the day and year firstwritten above.
Receiving Party
By: CompuRecovery Inc.
Disclosing Party
Name: ________________________
|