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TWO-WAY CONFIDENTIALITY AGREEMENT
This Non-disclosure agreement is executed this _________ day of
________________ by and between ______________________ and Terra Botanica
Products Ltd.
Whereas the parties agree to protect their proprietary concepts and other
confidential information concerning their technology, business
relationships and product plans.
Now, therefore, it is hereby agreed:
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A confidential information
or proprietary concept ( collectively "Proprietary Information"),
received or learned by either Party relating to the business of the
other Party shall be deemed exclusive property of the latter Party and
shall remain that Party's valuable trade and engineering secrets for a
period of ten (5) years from this date, unless information: (1) now, or
which hereafter, through not act of failure to act on the part of the
receiving Party, becomes generally known or available. (11) is furnished
to others by the disclosing Party, without restriction on disclosure,
(111) is known by the receiving Party by a third party, as a matter of
right and without restriction of disclosure
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In consideration of the
foregoing, each Party agrees to maintain such Proprietary information
confidential, utilizing the same degree of care that the receiving Party
exercises to protect his own proprietary information, and will not,
without the prior written consent of the disclosing Party, disclose such
Proprietary information to third parties, or manufacture, use or sell
products or concepts embodying any such information or the use thereof.
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This Agreement shall be
constructed under and according to the laws of the respective state of
origin.
In the witness thereof, the
parties hereunto have subscribed their names on this Two-Way
Confidentiality Agreement the day and year first written above.
Address:
_____________________________
_____________________________
_____________________________
_____________________________ |
Address:
Terra Botanica Products Ltd.
268 Saddle Mountain Rd
Nakusp, BC
V0G 1R0 |
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Name:
___________________________ |
| Name:
___________________________ |
Signature: _______________________ |
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Signature: _______________________ |
Title:
____________________________ |
| Date:
___________________________ |
Date:
____________________________ |
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