PARS-LD: Non-Disclosure Agreement

    NON-DISCLOSURE AGREEMENT

    THIS NON-DISCLOSURE AGREEMENT (hereinafter referred to as “the Agreement”) dated .

    BETWEEN:

     

    Project Aurora of:

    18953 CR-132, Live Oak, FL 32060, USA

    (the hereinafter referred to as “Information Provider”)

     

    - AND -

    of

    (the hereinafter referred to as “Recipient”)

    BACKGROUND:

    1. The information Provider and the Recipient desire to enter into a confidentiality agreement with regards to:  Anything pertaining to Project Aurora, or its members, or its affiliates, is expected to remain completely confidential. Under no circumstances should any information or materials be released to anyone without explicit written consent from authorized Project Aurora. The sole purpose of your presence and knowledge of Project Aurora is to observe and learn (the “Permitted Purpose”). In some rare cases, we might request feedback from you.

    2. In connection with the Permitted Purpose, the Recipient will receive certain confidential information (the ‘Confidential Information’).

    IN CONSIDERATION OF and as a condition of the Information Provider providing this Confidential Information to the Recipient in addition to other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the parties to this Agreement agree as follows:

    Confidential Information:

    1. All digital information, handwritten, multimedia, and oral information, and other materials disclosed and/or provided by the Information Provider to the Recipient under this Agreement constitute Confidential Information regardless of whether such information was provided before or after the date of this Agreement or how it was provided to the Recipient.

    2."Confidential Information" means all data and information relating to the Information Provider, including but not limited to, the following:

    A. "Business Operations" which includes internal personnel and financial information of the Information Provider, vendor names and other vendor information (including vendor characteristics, services and agreements), purchasing and internal cost information, internal services and operational manuals, external business contracts including those stored on social media accounts or other similar platforms or databases operated by the Information Provider, and the manner and methods of conducting the Information Provider’s business;

    B. "Client Information" which includes names of clients of the Information Provider, their representatives, all Clients contact information, contracts and their contents and parties, customers services, date provided by clients and the type, quantity and specifications of products and services purchased, leased, licensed or received by clients of the Information Provider;

    C. "Intellectual Property" which includes information relating to the Information Provider’s proprietary rights prior to any public disclosure of such information, including but not limited to the nature of the proprietary rights, production data, technical and engineering data, technical concepts, test data and test results, simulation scenarios and their results, the status and details of research and development of products and services, and information regarding acquiring, protecting, enforcing and licensing proprietary rights (including patents, copyrights, and trade secrets);

    D. "Service Information" which includes all data and information relating to the services provided by the Information Provider, including but not limited to, plans, schedules, manpower, inspection, and training information;

    E. "Product Information" which includes all specifications for products of the Information Provider as well as work products resulting from or related to work or projects of the Information Provider, of any type or form in any stage of actual or anticipated research and development;

    F. "Production Processes" which includes processes used in the creation, production, and manufacturing of the work product of the Information Provider, including but not limited to, formulas, patterns, molds, models, methods, techniques, specifications, processes, procedures, equipment, devices, programs, and designs;

    G. "Accounting Information" which includes, without limitation, all financial statements, annual reports, balance sheets, company asset information, company liability information, revenue and expense reporting, profit and loss reporting, cash flow reporting, accounts receivable, accounts payable, inventory reporting, purchasing information and payroll information of the Information Provider;

    H. "Marketing and Development Information" which includes marketing and development plans of the Information Provider, price and cost data, price and fee amounts, pricing and billing policies, quoting procedures, marketing techniques and methods of obtaining business, recruiting techniques and methods new members, forecasts and forecast assumptions and volumes, and future plans and potential strategies of the Information Provider which have been or are being discussed;

    I. "Computer Technology" which includes all scientific and technical information on material of the Information Provider, pertaining to any machine, appliance or process, including but not limited to, specifications, proposals, models, designs, formulas, test results and reports, analyses, simulation scenarios and their results, tables of operating conditions, materials, components, industrial skills, operating and testing procedures, shop practices, know-how and show-how;

    J. "Proprietary Computer Code" which includes all sets of statements, instructions or programs of the Information Provider, whether in human-readable or machine-readable form, that are expressed, fixed, embodied or stored in any manner and that can be used directly or indirectly in a computer (‘Computer Programs’); any report format, design or drawing created or produced by such Computer Programs; and all documentation, design specifications and charts, and operating procedures which support the Computer Programs; and

    K. "Confidential Information" will also include any information that has been disclosed by a third party to the Information Provider and is protected by a non-disclosure agreement entered into between the third party and the Information Provider.

    L. Confidential Information will not include the following information:

    3. Information is rightly in the possession of the Recipient prior to the disclosure of the Recipient by the Provider.

    OBLIGATIONS OF NON-DISCLOSURE:

    1. Except as otherwise provided in this Agreement, the Recipient must not disclose the Confidential Information.

    2. Except as otherwise provided in this Agreement, the Confidential Information will remain the exclusive property of the Information Provider and will only be used by the Recipient for the Permitted Purpose. The Recipient will not use the Confidential Information for any purpose that might be direct or indirectly detrimental to the Information Provider or any associated affiliates or subsidiaries.

    3. The obligations to ensure and prevent the disclosure of the Confidential Information imposed on the Recipient in this Agreement and any obligations to provide notice under this Agreement will survive the expiration or termination, as the case may be, of this Agreement and those obligations will last indefinitely.

    4. The Recipient may disclose any of the Confidential Information:

      1. to such employees, members, agents, representatives, and advisors of the Recipient that have a need to know for the Permitted Purpose provided that:

        1. the Recipient has confirmed that such personnel is authorized and has also signed a non-disclosure agreement with Information Provider.

        2. the Recipient agrees to take all the necessary steps to ensure that the terms of this Agreement are not violated by such personnel; and

        3. the Recipient agrees to be held personally responsible for and indemnify the Information Provider for any breach of this Agreement by their personnel.

      2. to a third party where the Information Provider has explicitly provided written consent detailing what Confidential Information can be disclosed; and

    1. The Recipient agrees to retain all Confidential Information at their usual place of business and to store all Confidential Information separate from other information and documents held in the same location. Further, the Confidential Information may not be used, reproduced, transferred, transformed, or stored on a computer or device that is accessible to persons whom disclosure may not be made, as set out in this Agreement.

      Non-Solicitation

    2. The Recipient, their affiliates, subsidiaries, and representatives will not, from the date of this Agreement for a period of (20-years) twenty-years, directly or indirectly solicit for employment or employ any person who is now employed, member of Project Aurora, or retained by the Information Provider or any affiliate of the Information Provider without the prior written consent of Information Provider.

      Non-Competition

    3. Other than with the express written consent of the Information Provider, the Recipient will not, from the date of this Agreement for a period of (20-years) twenty-years, directly or indirectly involved with a business which is in direct competition with the business lines of the Information Provider that are the subject of the Agreement.

    4. From the date of this Agreement for a period of (20-years) twenty-years, Recipient will not divert of attempt to divert from the Information Provider any business that Information Provider had enjoyed, solicited, or attempted to solicit, from its clients, as the time parties entered into this Agreement.

      Ownership and Title

    5. Nothing contained in this Agreement will grant to or create in the Recipient, either expressly or impliedly, any right, title, interest, or license in or to the intellectual property of the Information Provider.

    6. Remedies

      The Recipient agrees and acknowledges that the Confidential Information is of a proprietary and confidential nature and that any disclosure of the Confidential Information to a third party of this Agreement cannot be reasonably or adequately compensated for in money damages and would cause irreparable injury to the Information Provider. Accordingly, the Recipient agrees that the Information Provider is entitled to, in addition to all other rights and remedies available to it at law or in equity, and injunction restraining the Recipient and any agents of the Recipient, from directly or indirectly committing or engaging any act restricted by this Agreement in relation to the Confidential Information.

      Return of Confidential Information

    7. The Information Provider may at any time request the return of any and all Confidential Information from the Recipient. Upon the request of the Information Provider, or in the event that the Recipient ceases to require use of the Confidential Information, or upon the expiration or termination of this Agreement, the Recipient will:

      1. return all Confidential Information to the Information Provider;

      2. provide a certificate to the Information Provider to the effect that the Recipient has returned all Confidential Information to the Information Provider.

    NOTICES

    1. In the event that the Recipient is required in a civil, criminal or regulatory proceeding to disclose any part of the Confidential Information, the Recipient will give to the Information Provider prompt written notice of such request so the Information Provider may seek an appropriate remedy or alternatively to waive the Recipient’s compliance with the provisions of this Agreement in regards to the request.

    2. If the Recipient loses or makes unauthorized disclosure of any of the Confidential Information, the Recipient will immediately notify the Information Provider and take all the reasonable steps necessary to retrieve the lost or improperly disclosed Confidential Information.

    3. Any notices or delivery required in this Agreement will be deemed completed when hand-delivered, delivered by agent, or seven days after being placed in the post, postage prepaid, to the parties as the addresses contained in this agreement or as the parties may later designate in writing.

    4. The addresses for any notice to be delivered to any of the parties to this Agreement are as follows:

    Information Provider: Project Aurora
    Address: 18953 CR-132, Live Oak, FL 32060, USA

      Recipient’s Name:
      Address:

    Representations

    19. In providing the Confidential Information, the Information Provider makes no representations, either expressly or impliedly as to its adequacy, sufficiency, completeness, correctness or its lack of defect of any kind, including any patent or trademark infringement that may result from the use of such information.

    Termination

    20. Either party may terminate this Agreement by providing written notice to other party. Except as otherwise provided in the Agreement, all rights and obligations under this Agreement will terminate at that time.

    Assignment

    21. Except where a party has changed its corporate name or merged with another corporation, this Agreement may not be assigned or otherwise transferred by either party in whole or part without the prior written consent of the other party of this Agreement.

    Amendments

    22. This Agreement may only be amended or modified by a written instrument executed by both the Information Provider and the Recipient.

    Governing Law

    23. This Agreement will be construed in accordance with and governed by the laws of the State of Florida.

    Additional Provisions

    24. Section A) Additional Clause #1:
    24. Section B) Additional Clause #2:

    General Provisions

    25. Time is of the essence in this Agreement

    26. This Agreement may be executed in counterpart.

    27. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and included the feminine and vice versa.

    28. The clauses, paragraphs, and subparagraphs contained in this Agreement are intended to be read and construed independently of each other. If any part of this Agreement is held to be invalid, this invalidity will not affect the operation of any other parts of this Agreement.

    29. The Recipient is liable for all costs, expenses and expenditures including, and without limitation, the complete legal costs incurred by the Information Provider in enforcing this Agreement as a result of any default of this Agreement by the Recipient.

    30. The Information Provider and the Recipient acknowledge that this Agreement is reasonable, valid, and enforceable. However, if a court of competent jurisdiction finds any of the provisions of this Agreement to be too broad to be enforceable, it is the intention of the Information Provider and the Recipient that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable, bearing in mind that it is the intention of the Recipient to give the Information Provider the broadest possible protection against disclosure of the Confidential Information.

    31. No failure or delay by the Information Provider in exercising any power, right or privilege provided in this Agreement will operate as a waiver, nor will any single or partial exercise of such rights, powers, or privileges preclude any further exercise of them or the exercise of any other right, power, or privilege provided in this Agreement.

    32. This Agreement will inure to the benefit of and be binding upon the respective heirs, executors, administrators, successors, and assigns, as the case may be, of the Information Provider and the Recipient.

    33. This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise.

     

     

     

     


    Recipient's Signature:


    Information Provider's Signature

     

    Scroll to Top