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This
agreement is made as of the 23rd day of June, 2002, by
and between: ACME Inc.
located in CITY, STATE
and JOHN INVENTOR
located in CITY, STATE.
This Agreement shall govern the conditions of disclosure
by
JOHN INVENTOR
to ACME Inc.
of certain
"Confidential Information" including but not
limited to prototypes, drawings, data, trade secrets and
intellectual property relating to the "Patent
Pending" invention named "Mouse Trap" invented by
JOHN INVENTOR.
With regard to
the Confidential Information, ACME Inc.
hereby
agrees:
1. Not to use the information therein except for
evaluating its interest in entering a business
relationship with JOHN INVENTOR, based on the invention.
2. To safeguard the information against disclosure to
others with the same degree of care as exercised with
its own information of a similar nature.
3. Not to disclose the information to others, without
the express written permission of JOHN INVENTOR, except
that:
a. which ACME Inc.
can demonstrate by written records
was previously known;
b. which are now, or become in the future, public
knowledge other than through acts or omissions of
ACME Inc.;
c. which are lawfully obtained by ACME Inc.
from
sources independent of JOHN INVENTOR;
4. That ACME Inc.
shall not directly or indirectly
acquire any interest in, or design, create, manufacture,
sell or otherwise deal with any item or product,
containing, based upon or derived from the information,
except as may be expressly agreed to in writing by JOHN INVENTOR.
5. That the secrecy obligations of ACME Inc.
with
respect to the information shall continue for a period
ending 3 years from the date hereof.
JOHN INVENTOR
will be entitled to obtain an injunction
to prevent threatened or continued violation of this
Agreement, but failure to enforce this Agreement will
not be deemed a waiver of this Agreement.
IN WITNESS WHEREOF the Parties have hereunto executed
this Agreement as of the day and year first above
written.
ACME Inc.
By: _____________________________ Date: _____________
Title:___________________________
JOHN INVENTOR
and SIGNATURE
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