by
accepting this agreement, you declare officially that you agree and digitally
sign the following agreement:
THIS
AGREEMENT by and between IFPLS, and The Applicant (“Recipient”).
WHEREAS,
IFPLS and Recipient, for their mutual benefit and pursuant to a working
relationship which has been or may be established, anticipate that IFPLS may
disclose or deliver to a working relationship which has been or may be
established, anticipate that IFPLS may disclose or deliver to Recipient
documents, components, parts, information, drawings, data, sketches, plans
programs, specifications, techniques, processes, software, inventions and other
materials, both written and oral, of a secret, confidential or proprietary
nature, including without limitation any and all information relating to
marketing, finance, forecasts, invention, research, design or development of
information system and any supportive or incidental subsystems, and any and all
subject matter claimed in or disclosed by any patent application prepared or
filed by or behalf of by IFPLS, in any jurisdiction, and any amendments or
supplements thereto (collectively, “Proprietary Information”); and WHEREAS,
IFPLS desires to assure that the confidentiality of any Proprietary Information
is maintained; NOW, THEREFORE, in consideration of the foregoing premises, and
the mutual covenants contained herein, IFPLS and Recipient hereby agree as
follows:
1.
For a period of sixty (60) months from the date hereof, Recipient shall hold in
trust and confidence, and not disclose to others or use for Recipient's own
benefit or for the benefit of another, any Proprietary Information which is
disclosed to Recipient by IFPLS at any time between the date hereof and twelve
(12) months thereafter. Recipient shall disclose Proprietary Information
received under this Agreement to person within its organization only if such
persons (i) have a need to know and (ii) are bound in writing to protect the
confidentiality of such Proprietary Information. This paragraph 1 shall survive
and continue after any expiration or termination of this Agreement and shall
bind Recipient, its employees, agents, representatives, successors, heirs and
assigns.
2.
The undertakings and obligations of Recipient under this Agreement shall not
apply to any Proprietary Information which:
(a)
is described in an issued patent anywhere in the world, is disclosed in a
printed publication available to the public, or is otherwise in the public
domain through no action or fault of Recipient;
(b)
is generally disclosed to third parties by IFPLS without restriction on such
third parties, or is approved for release by written authorization of IFPLS;
(c)
if not designated “confidential” at the time of first disclosure hereunder, or
is not later designated in writing by IFPLS within thirty (30) days from
disclosure to Recipient to be of a secret, confidential or proprietary nature;
or
(d)
is shown to IFPLS by Recipient, within ten (10) days from disclosure, by
underlying documentation to have been known by Recipient before receipt from v
and/or to have been developed by Recipient completely independent of any
disclosure by IFPLS.
3.
Title to all property received by Recipient from IFPLS, including all
Proprietary Information, shall remain at all times the sole property of IFPLS,
and this Agreement shall not be construed to grant to Recipient any patents,
licenses or similar rights to such property and Proprietary Information
disclosed to Recipient hereunder.
4.
Recipient shall, upon request of IFPLS, return to IFPLS all documents, drawings
and other tangible materials, including all Proprietary Information and all
manifestation thereof, delivered to Recipient, and all copies and reproductions
thereof.
5.
The parties further agree to the following terms and conditions:
i.
Any breach by Recipient of any of Recipient's obligations under this Agreement
will result in irreparable inquiry to IFPLS for which damages and other legal
remedies will be inadequate. In seeking enforcement of any of these
obligations, IFPLS will be entitled (in addition to other remedies) to
preliminary and permanent injunctive and other equitable relief to prevent,
discontinue and/or restrain the breach of this Agreement.
ii.
If any provision of this Agreement is invalid or unenforceable, then such
provision shall be construed and limited to the extent necessary, or severed if
necessary, in order to eliminate such invalidity or unenforceability, and the
other provisions of this Agreement shall not be affected thereby.
iii.
In any dispute over whether information or matter is Proprietary Information
hereunder, it shall be the burden of Recipient to show both that such contested
information or matter is not Proprietary Information within the meaning of this
Agreement, and that it does not constitute a trade secret under the Uniform
Trade Secrets Act or successor or similar law in effect in the State of the
Recipient
iv.
No delay or omission by either party in exercising any rights under this
Agreement will operate as a waiver of that or any other right. A waiver or
consent given by either party on any one occasion is effective only in that
instance and will not be construed as a bar to or waiver of any right on any
other occasion.
v.
This Agreement shall be binding upon and will inure to the benefit of the
parties hereto and their respective successors and assigns.
vi.
This Agreement is governed by and will be construed in accordance with the laws
of the State of (your state), and the courts of (your state) shall be the
exclusive forum.
vii.
This Agreement is in addition to any prior written agreement between IFPLS and
Recipient relating to the subject matter of this agreement; in the event of any
disparity or conflict between the provision of such agreements, the provision
which is more protective of Proprietary Information shall control. This
Agreement may not be modified, in whole or in part, except by an agreement in
writing signed by IFPLS and Recipient.