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N O N - D I S C L O S U R E / P R O P R I E T A R Y I N F O R M A T I O N A G R E E M E N T
I t i s u n d e r s t o o d t h a t i t i s t h e m u t u a l d e s i r e o f b o t h T h e F l o r i d a A t l a n t i c U n i v e r s i t y B o a r d o f T r u s t e e s ( h e r e i n a f t e r r e f e r r e d t o a s F A U ) a n d F O R M T E X T ( h e r e i n a f t e r r e ferred to as FORMTEXT Company) for the Company to disclose certain confidential information to FAU pursuant to the terms of this Agreement.
The specific purpose of the disclosure of confidential information is FORMTEXT ___________________________________________________________________________________.
The information to be supplied by Company to FAU under the provisions of this Agreement relates to FORMTEXT _______________________________.
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 Company 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 confidential information covered under this Agreement if it is identified by Company at the time of disclosure as being confidential or proprietary and thereafter is reduced to writing by Company, confirming in the writing that the information is confidential or proprietary, and such writing is transmitted to FAU within ten (10) days after the oral or visual disclosure of the information.
FAU Agrees:
a. To use the confidential information only for the purpose set forth above.
b. To treat the information as being confidential and to protect the confidential information with no less standard of care than FAU uses to protect its own proprietary information.
c. To restrict circulation and disclosure of the confidential 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.
d. To hold such confidential information in confidence, and not to disclose the information to any other party without the written authorization of Company.
To return or destroy the confidential information promptly upon request of Company, 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.
Company acknowledges that FAU shall not be liable for disclosure or use of the confidential information which:
a. 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 FAU; or
b. Was known to FAU at the time of disclosure; or
c. Is disclosed with the written approval of Company; or
d. Is independently developed by FAU without the use of the confidential information; or
e. Is rightfully furnished to FAU by a third party; or
f. Is disclosed by Company to others on a non-restricted basis; or
g. 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. FAU agrees that during the term of this Agreement and for a period of three (3) years after its expiration or termination, FAU shall not disclose the 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 FAU other than to use the confidential information in the manner and to the extent authorized by this Agreement.
This Agreement shall be deemed to be a contract made under 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.
The Parties intend that the confidential information to be disclosed to FAU 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 Company intends to provide FAU with export control-listed information, Company will inform FAU in writing beforehand, and shall identify the information intended to be provided. Company agrees not to provide any export control-listed information to FAU without the prior written authorization of FAU.
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 signed below.
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