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KEI COMMUNICATIONS LLC.
CONFIDENTIALITY AGREEMENT
CONFIDENTIALITY AGREEMENT, effective ,2004, between
KEI Communications LLC, having offices at 7564 Chapelview Court, Temperance, MI 48182, and , a company, with principal offices at:
____________________________________________
WHEREAS, the parties to this
Confidentiality agreement have determined to establish terms governing the
confidentiality of certain information one part ("Owner") may disclose to the
other party ("Recipient");
NOW THEREFORE, the parties agree
as follows:
1. For the purposes of this Confidentiality Agreement,
"Confidential Information" means all information in whatever form transmitted
relating to the past, present or future business affairs, including without
limitation, research, development, or business plans, operations or systems, of
Owner or another party whose information Owner has in its possession under
obligations of confidentiality, which (a) is disclosed by Owner or its
affiliates to Recipient or its affiliates, bearing an appropriate legend
indicating its confidential or proprietary nature or otherwise disclosed in an
appropriate legend indicating its confidential or proprietary nature or
otherwise disclosed a manner consistent with its confidential or proprietary
nature or (b) is produced or developed during the party, give or increase such
competitors; advantage over that party or diminish that party’s advantage over
its competitors. Confidential Information shall not include any information of
an Owner that: (a) is already known to Recipient at time of its disclosure; (b)
is or becomes publicly known through no wrongful act of Recipient; (c) is
received form a third party free to disclose it to Recipient; (d) is
independently developed by Recipient; (e) is communicated to a third party with
governmental agency or is otherwise required to be disclosed by law, provided
that before making such disclosure the Recipient shall give the Owner an
adequate opportunity to interpose an objection or take action to assure
confidential handling of such information.
2. For a period of one (1) year from the date of disclosure to either Party,
Recipient and or Owner shall not disclose any Confidential Information it
receives from Owner/Recipient to any person or entity except employees of
Recipient and its affiliates who have a need to know and who have been informed
of Recipient’s obligations under this Confidentiality Agreement. Both Parties
shall use or not less than the same degree of care to avoid disclosure of such
Confidential Information as Recipient uses for its own confidential information
of like importance.
3. All Confidential Information disclosed by Owner to Recipient or likewise
under this Confidentiality Agreement in tangible form (including, without
limitation, information incorporated in computer software or held I electronic
storage media) shall be and remain property of Owner. All such Confidential
Information shall be returned to Owner promptly upon written request and shall
not thereafter be retained in any form by either party. The rights and
obligations of the parties under this Confidentiality Agreement shall survive
any such return of Confidential Information.
- Neither Party shall have any liability or responsibility for errors or
omissions in, or any business decisions made by Recipient in reliance on,
any Confidential Information disclosed under this Confidentiality Agreement.
- The parties agree that, in the event of a breach or threatened breach of
the terms of this Confidentiality Agreement, Owner or
Recipient shall be entitled to an injunction prohibiting any such breach.
Any such relief shall be in addition to and not in lieu of any appropriate
relief in the way of money damages. The parties acknowledge that
Confidentiality Agreement will result in irreparable injury to Owner.
- Either party may terminate this Confidentiality Agreement by written
notice to the other. Notwithstanding any such termination, all
rights and obligations hereunder shall survive with respect to Confidential
Information disclosed prior to such termination.
- Neither party hereto shall in any way or in any form disclose, publicize
or advertise in any manner the discussions that give rise to
this Confidentiality Agreement or the discussions or negotiations covered by
this Confidentiality Agreement without prior written consent of the other
party.
- The term "affiliate" shall mean any person or entity controlling,
controlled by or under common control with a party.
- This Confidentiality Agreement: (a) is the complete agreement of the
parties concerning the subject matter hereof and supersedes any
prior such agreements; (b) may not be amended or in any manner
modified except in writing signed by the parties; and (c) shall be
governed by and construed in accordance with the laws of the State of
Michigan without regard to its choice of law provisions. If any
provision of this Confidentiality Agreement is found to be
unenforceable, the remainder shall be enforced as fully as possible
and the unenforceable provision shall be deemed modified to the
limited extent required to permit its enforcement in a manner most
closely approximating the intention of the parties as expressed
herein.
IN WITNESS WHEREOF, the parties have executed
this Confidentiality Agreement as of the date first above written.
| Kei Communications LLC |
Company:
___________________________ |
| By: Kevin D. Emahiser |
By:
_________________________________ |
| Signature:
___________________________ |
Signature:
___________________________ |
| Title: President |
Title:
________________________________ |
Fax to 419.710.7189
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