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NON-DISCLOSURE/PROPRIETARY INFORMATION AGREEMENT
It is understood that it is the mutual desire of both The Դɼ Board of Trustees, with principal place of business at 777 Glades Road, Boca Raton, Florida 33431 (hereinafter referred to as FAU), and ___________________________________________________, with principal place of business at ___________________________________________________________ (hereinafter referred to as Contracting Entity/Person) to disclose certain confidential information.
FAU shall be: FORMCHECKBOX A Disclosing Party FORMCHECKBOX A Receiving Party FORMCHECKBOX both
Contracting Entity/Person shall be: FORMCHECKBOX A Disclosing Party FORMCHECKBOX A Receiving Party FORMCHECKBOX both
The specific purpose of the disclosure of confidential information is _______________________________
___________________________________________________________________________________________________________________________________________________________________________.
The information to be supplied under the provisions of this Agreement relates to ___________________________________________________________________________________________________________________________________________________________________________.
Confidential Information includes any and all information, whether oral, written, in a physical embodiment or otherwise, which is disclosed for the purpose as set forth above and which is identified by the Disclosing Party at the time of disclosure as being proprietary. Information transmitted in writing must be marked Proprietary, or Confidential or other similar designation in order for it to be covered under this Agreement. Information transmitted orally or visually and identified at the time as being proprietary shall be considered as information covered under this Agreement if it is identified at the time of disclosure by the Disclosing Party as being confidential or proprietary, and such writing is transmitted to the Receiving Party within ten (10) days the after oral or visual disclosure of the information.
The Receiving Party Agrees:
To use the information only for the purpose set forth above.
To treat the information as being confidential and to protect the information with no less standard of care than the Receiving Party uses to protect its own proprietary information.
To restrict circulation and disclosure of the information within its own organization to employees who have a need to know in connection with the purpose of the disclosure as set forth above, and to ensure that such employees are informed of the confidential nature hereof and agree to and are required to observe the provisions of confidentiality set forth herein.
To hold such information in confidence, and not to disclose the information to any other party without the written authorization of the Disclosing Party.
To return or destroy the information promptly upon request of the Disclosing Party, or, in any event, upon termination or completion of this Agreement, together with any and all copies, negatives, or reproductions thereof. One copy may be retained for archival purposes.
The Disclosing Party acknowledges that Receiving Party shall not be liable for disclosure or use of the information which:
Was in the public domain at the time of its disclosure or becomes part of the public domain subsequent to time of disclosure under this Agreement through no fault of the Receiving Party; or
Was known to the Receiving Party at the time of disclosure; or
Is disclosed with the written approval of the Disclosing Party; or
Is independently developed by the Receiving Party without the use of the confidential information; or
Is rightfully furnished to the Receiving Party by a third party; or
Is disclosed by the Disclosing Party to others on a non-restricted basis; or
Is disclosed as required by law or judicial action.
This Agreement shall come into force as of the date of signature of the last party to sign the Agreement and shall be for a term of one (1) year thereafter; provided, however, that either party upon thirty (30) days written notice to the other party, may terminate the Agreement on an earlier date. The Receiving Party agrees that during the term of this Agreement and for a period of three (3) years following the receipt of Confidential Information, the Receiving Party shall not disclose such Confidential Information to any third party nor use such Confidential Information for any purpose other than as permitted by this Agreement.
No license, express or implied, in the information is granted to the Receiving Party other than to use the information in the manner and to the extent authorized by this Agreement.
None of the confidential information which may be submitted and/or exchanged by the parties shall constitute any representation, warranty, assurance, guarantee or inducement by either party to the other with respect to the infringement of trademarks, patents, copyrights or any right of privacy, or any rights of third persons.
This Agreement shall be deemed to be a contract made under the laws of the laws of the State of Florida and for all purposes it, plus any related supplemental documents and notices shall be construed in accordance with and governed by the laws of such state.
This Agreement constitutes and expresses the entire Agreement and understanding between the parties in reference to all matters herein referred to: all previous discussions, promises, representations, and understandings relative thereto, if any, between the parties is hereby merged.
Nothing in this Agreement will prevent FAU from complying with the requirements of Chapter 119 and Section 1004.22(2) of the Florida Statutes regarding disclosure of public documents.
The undersigned individuals executing this Agreement hereby represent and warrant that they have the authority to enter into this Agreement on behalf of their company or university.
If either Party loses or makes unauthorized disclosure of the other Partys confidential information, it shall notify such other Party immediately and take all steps reasonable and necessary to retrieve the lost or improperly disclosed information.
Contracting Entity/Person intends that the confidential information it discloses does not contain export control-listed technology or technical data identified on any US export control list, including the Commerce Control List (CCL) at 15 CFR 774 and the US Munitions List (USML) at 22 CFR 121. In the event Contracting Entity/Person intends to provide FAU with export control-listed information, Contracting Entity/Person will inform the FAU Director, Pre-Award, Division of Research beforehand in writing. Contracting Entity/Person agrees not to provide any export control-listed information to FAU without the written agreement of FAU.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
In witness whereof, the parties hereto have caused this Agreement to be duly executed on the dates set forth under their names, effective as of the date last signe d b e l o w .
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