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Appendix H Non-Disclosure Agreement Proprietary
Information
This is an Agreement, effective ________________ ____,
20___ between Public Interest Registry, (hereinafter referred to as "PIR")
and _____________________________ (hereinafter referred to
as "________________________________"). It is recognized that it
may be necessary or desirable to exchange information between PIR and
_____________________________________ for the purpose of ______________________________________________________.
With respect to the information exchanged between the parties subsequent
to this date, the parties agree as follows:
- "Proprietary Information" shall include, but not be limited
to, performance, sales, financial, contractual and special marketing
information, ideas, technical data and concepts originated by the disclosing
party, not previously published or otherwise disclosed to the general
public, not previously available without restriction to the receiving
party or others, nor normally furnished to others without compensation,
and which the disclosing party desires to protect against unrestricted
disclosure or competitive use, and which is furnished pursuant to this
Agreement and appropriately identified as being proprietary when furnished.
- In order for proprietary information disclosed by one party to the
other to be protected in accordance with this Agreement, it must be:
(a) in writing or in electronic form; (b) clearly identified as proprietary
information at the time of its disclosure by each page thereof being
marked with an appropriate legend indicating that the information is
deemed proprietary by the disclosing party; and (c) delivered by letter
of transmittal, hand delivery, or electronically transmitted to the
individual designated in Paragraph 3 below, or his designee. Where the
proprietary information has not been or cannot be reduced to written
or electronic form at the time of disclosure and such disclosure is
made orally and with prior assertion of proprietary rights therein,
such orally disclosed proprietary information shall only be protected
in accordance with this Non-Disclosure Agreement provided that complete
written summaries of all proprietary aspects of any such oral disclosures
shall have been delivered to the individual identified in Paragraph
3 below, within 20 calendar days of said oral disclosures. Neither party
shall identify information as proprietary which is not in good faith
believed to be confidential, privileged, a trade secret, or otherwise
entitled to such markings or proprietary claims.
- In order for either party's proprietary information to be protected
as described herein, it must be submitted in written or electronic form
as discussed in Paragraph 2 above to:
- Each party covenants and agrees that it will keep in confidence, and
prevent the disclosure to any person or persons outside its organization
or to any unauthorized person or persons, any and all information which
is received from the other under this Non-Disclosure Agreement and has
been protected in accordance with paragraphs 2 and 3 hereof; provided
however, that a receiving party shall not be liable for disclosure of
any such information if the same:
- Was in the public domain at the time it was disclosed,
- Becomes part of the public domain without breach of this
Agreement,
- Is disclosed with the written approval of the other party,
- Is disclosed after three years from receipt of the information,
- Was independently developed by the receiving party,
- Is or was disclosed by the disclosing party to a third party
without restriction, or
- Is disclosed pursuant to the provisions of a court order.
As between the parties hereto, the provisions of this Paragraph 4
shall supersede the provisions of any inconsistent legend that may
be affixed to said data by the disclosing party, and the inconsistent
provisions of any such legend shall be without any force or effect.
Any protected information provided by one party to the other shall
be used only in furtherance of the purposes described in this Agreement,
and shall be, upon request at any time, returned to the disclosing
party. If either party loses or makes unauthorized disclosure of the
other party's protected information, it shall notify such other party
immediately and take all steps reasonable and necessary to retrieve
the lost or improperly disclosed information.
- The standard of care for protecting Proprietary Information imposed
on the party receiving such information, will be that degree of care
the receiving party uses to prevent disclosure, publication or dissemination
of its own proprietary information, but in no event less than reasonable
care.
- Neither party shall be liable for the inadvertent or accidental disclosure
of Proprietary Information if such disclosure occurs despite the exercise
of the same degree of care as such party normally takes to preserve
its own such data or information.
- In providing any information hereunder, each disclosing party makes
no representations, either express or implied, as to the information's
adequacy, sufficiency, or freedom from defect of any kind, including
freedom from any patent infringement that may result from the use of
such information, nor shall either party incur any liability or obligation
whatsoever by reason of such information, except as provided under Paragraph
4, hereof.
- This Non-Disclosure Agreement contains the entire agreement relative
to the protection of information to be exchanged hereunder, and supersedes
all prior or contemporaneous oral or written understandings or agreements
regarding this issue. This Non-Disclosure Agreement shall not be modified
or amended, except in a written instrument executed by the parties.
- Nothing contained in this Non-Disclosure Agreement shall, by express
grant, implication, estoppel or otherwise, create in either party any
right, title, interest, or license in or to the inventions, patents,
technical data, computer software, or software documentation of the
other party.
- Nothing contained in this Non-Disclosure Agreement shall grant to
either party the right to make commitments of any kind for or on behalf
of any other party without the prior written consent of that other party.
- The effective date of this Non-Disclosure Agreement shall be the date
upon which the last signatory below executes this Agreement.
- This Non-Disclosure Agreement shall be governed and construed in accordance
with the laws of [JURISDICTION].
- This Non-Disclosure Agreement may not be assigned or otherwise transferred
by either party in whole or in part without the express prior written
consent of the other party, which consent shall not unreasonably be
withheld. This consent requirement shall not apply in the event either
party shall change its corporate name or merge with another corporation.
This Non-Disclosure Agreement shall benefit and be binding upon the
successors and assigns of the parties hereto.
- Both parties agree to take all reasonable precautions to prevent
any trading in Company securities by their respective officers, directors,
employees and agents having knowledge of the proposed transaction between
the parties until the proposed transaction has been sufficiently publicly
disclosed. The parties understand and agree that until a press release
is issued regarding a proposed transaction between the parties, neither
party will disclose the fact that negotiations are taking place, except
to professional advisors and to employees of the parties on a need-to-know
basis.
- It is further understood and agreed that money damages would not be
a sufficient remedy for any breach of this agreement by either party
or any of its representatives and that the non-breaching party shall
be entitled to equitable relief, including injunction and specific performance, as a remedy for any such breach. Such remedies shall not be deemed to be the exclusive remedies for a breach of this agreement but shall be in addition to all other remedies available at law or equity. In the
event of litigation relating to this agreement, if a court of competent
jurisdiction determines that either party or any of its representatives
have breached this agreement, then the breaching party shall be liable
and pay to the non-breaching party the reasonable legal fees incurred
in connection with such litigation, including an appeal therefrom.
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