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Confidentiality
and Non-disclosure Agreement
This Agreement
is entered into as of the date below by the Disclosing Party
and Receiving Party wish to discuss and exchange certain items
and information related to the products and software programs
found at TRAFFICDOMINATION.ORG (the "Invention") which
the parties hereto consider highly confidential and proprietary.
WHEREAS,
the Disclosing Party and Receiving Party wish to discuss and
exchange certain items and information related to the products
and software programs found at TRAFFICDOMINATION.ORG (the "Invention")
which the parties hereto consider highly confidential and proprietary.
WHEREAS,
the Receiving Party will have access to and will receive confidential
and/or proprietary information from the Disclosing Party.
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:
1.
DEFINITIONS
1.1 ."Invention"
shall mean all information relating to the proprietary products,
information and software programs found at TRAFFICDOMINATION.ORG.
1.2. "Confidential
Information" shall mean all information provided
by Disclosing Party with respect to the Invention regardless
of whether it is written, oral, audio tapes, video tapes, computer
discs, machines, prototypes, designs, specifications, articles
of manufacture, drawings, human or machine readable documents.Confidential
Information shall also include all information related to the
Invention provided by Disclosing Party to Receiving Party prior
to the signing of this agreement.Confidential Information shall
not include any of the following:
(a) such
information in the public domain at the time of the disclosure,
or subsequently comes within the public domain without fault
of the Receiving Party;
(b) such
information which was in the possession of Receiving Party at
the time of disclosure that may be demonstrated by business
records of Receiving Party and was not acquired, directly or
indirectly, from Disclosing Party; or
(c) such
information which Receiving Party acquired after the time of
disclosure from a third party who did not require Receiving
Party to hold the same in confidence and who did not acquire
such technical information from Disclosing Party.
1.3. "Disclosing
Party" shall mean the party disclosing information to the
other relating to the Invention.
1.4. "Receiving
Party" shall mean the party receiving information from
the other relating to the Invention.
2.
USE OF CONFIDENTIAL INFORMATION
The Receiving
Party agrees to:
(a) receive
and maintain the Confidential Information in confidence;
(b) examine
the Confidential Information at its own expense;
(c) not
reproduce the Confidential Information or any part thereof without
the express written consent of Disclosing Party;
(d) 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;
(e) 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;
(f) not
use or utilize the Confidential Information without the express
written consent of Disclosing Party;
(g) 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
(h) utilize
the best efforts possible to protect and safeguard the Confidential
Information from loss, theft, destruction, or the like.
3.
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
New York and the parties agree to submit to the non-exclusive
jurisdiction of the courts of the United States, 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.
4.
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.
5.
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.
6.
PROVISIONS SEPARABLE
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.
7.
OBLIGATION
It is understood
that this Agreement is not intended to, and does not, obligate
either Party to enter into anyt further agreements or to proceed
with any relationship or other transaction.
8.
TERM AND EXPIRATION
The obligations
of the Receiving Party herein shall be effective for a period
of two (2) years from the date the Disclosing Party last discloses
any information to the Receiving Party pursuant to this Agreement
unless earlier waived by the Disclosing Party. Further, the
obligation to disclose shall not be affected by bankruptcy,
receivership, assignment, attachment or seizure procedures,
whether initiated by or against the Receiving Party, nor by
the rejection of any agreement between Disclosing Party and
Receiving Party, by a trustee of the Receiving Party in bankruptcy,
or by the Receiving Party as a debtor-in-possession or the equivalent
of any of the foregoing under law. Upon expiration of the period
of confidentially, or within three (3) days upon notice of the
written request of the Disclosing Party, all information and
copies thereof, including but not limited to information stored
on any computer media in machine readable form (including security
and back-up copies) in the possession of the Receiving Party
shall be returned to the Disclosing Party or destroyed, at the
option of the Disclosing Party.
9.
ENTIRE AGREEMENT
This Agreement
sets forth all of the covenants, promises, agreements, conditions
and understandings between the parties regarding Confidentiality
and Non-Disclosure, and there are no covenants, promises, agreements
or conditions, either oral or written, between them other than
herein set forth. This agreement is subjugated by and goverened
by the Terms of Service Agreement. If there is any conflict,
assumed conflict or interpreted conflict, or other type of conflict
between these two Agreements, the interpretation belonging to
the Terms of Service Agreement shall take precedence and control
over this Confidentiality and Non-Disclosure Agreement. Nothing
in this current Agreement shall eclispe, make void, make invalid
or otherwise discredit the Terms of Service Agreement.
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