Mutual Non-Disclosure Agreement

neumarz.com MUTUAL NON-DISCLOSURE AGREEMENT This Mutual Non-Disclosure Agreement (the “ Agreement ”) is made as of the Effective Date set forth below by and between the parties on the signature line. The parties desire to exchange or have already exchanged certain Confidential Information in connection with ______________________________________________ (the “ Purpose ”), and hereby agree as follows: 1. “ Confidential Information ” means any technical and non-technical information disclosed by one party (“ Disclosing Party ”) to the other (“ Receiving Party ”) under this Agreement and related to the past, present or future business or technology of the Disclosing Party, including without limitation information constituting or concerning research, development, processes, methodologies and other intellectual property; designs and specifications; software; product, marketing, sales and business development plans and strategies; competitive analyses; financial analyses and forecasts; cost and pricing data; procurement requirements and vendor information; customers and prospects; licensing and distribution arrangements; the identity, skills and compensation of employees, contractors and consultants; and third party information that the Disclosing Party is obligated to maintain in confidence. Confidential Information includes information disclosed before or after the date hereof. The relationship between the parties and the fact and substance of this Agreement shall also be Confidential Information. The Disclosing Party will mark all Confidential Information in tangible form “confidential” or “proprietary” or with words of similar import. It will identify as confidential at the time of disclosure any Confidential Information disclosed orally or in another intangible form. Regardless of whether so marked or identified, any information that the Receiving Party knew or should have known was considered confidential or proprietary by the Disclosing Party, including, without limitation, information learned by the Receiving Party upon visual inspection of the Disclosing Party’s premises, will be considered Confidential Information of the Disclosing Party under this Agreement. 2. A Receiving Party will use Confidential Information of the Disclosing Party only for the Purpose and not otherwise for its own benefit or that of any third party and will maintain such information in confidence using the same degree of care to protect the information from unauthorised use, access or disclosure that it uses to protect its own confidential information of a similar nature, but not less than reasonable care. A Receiving Party shall promptly notify the Disclosing Party of any misappropriation of Confidential Information disclosed to it hereunder. Except where the following prohibition is not allowed under applicable law, a Receiving Party will not Neumarz is a Kainjoo SA ventures. Rue du Sablon 2 1110 Morges info@neumarz.com