Nondisclosure Agreement
This Nondisclosure Agreement (the “Agreement”) is
entered into by and between
David L. Tuck, dba Electric Power Consulting located
at 9113 Turtle Creek Lane, Fair Oaks, CA 95628, (“Disclosing Party”)
and
located at
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
(“Receiving Party”) for the purpose of preventing the
unauthorized disclosure of Confidential Information as defined below.
The parties agree to enter into a confidential relationship with respect
to the disclosure of certain proprietary and confidential information
(“Confidential Information”).
- Definition
of Confidential Information. For
purposes of this Agreement, “Confidential Information” shall include all
information or material that has or could have commercial value or other
utility in the business in which Disclosing Party is engaged.
If Confidential Information is in written form, the Disclosing Party
shall label or stamp the materials with the word “Confidential” or some
similar warning. If
Confidential Information is transmitted orally, the Disclosing Party shall
promptly provide a writing indicating that such oral communication
constituted Confidential Information.
- Exclusions
from Confidential Information. Receiving
Party’s obligations under this Agreement do not extend to information that
is: (a) publicly known at the time of disclosure or subsequently becomes
publicly known through no fault of the Receiving Party; (b) discovered or
created by the Receiving Party before disclosure by Disclosing Party; (c)
learned by the Receiving Party through legitimate means other than from the
Disclosing Party’s representatives; or (d) disclosed by Receiving Party
with Disclosing Party’s prior written approval.
- Obligations
of Receiving Party. Receiving
Party shall hold and maintain the Confidential Information in strictest
confidence for the sole and exclusive benefit of the Disclosing Party.
Receiving Party shall carefully restrict access to Confidential
Information to employees, contractors and third parties as is reasonably
required and shall require those in this Agreement.
Receiving Party shall not, without prior written approval of
Disclosing Party, use for Receiving Party’s own benefit, publish, copy, or
otherwise disclose to others or permit the use by others for their benefit
or to the detriment of Disclosing Party, and Confidential Information.
Receiving Party shall return to Disclosing Party any and all records,
notes and other written, printed or tangible materials in its possession
pertaining to Confidential Information immediately if Disclosing Party
requests it in writing.
- Time
Periods. The nondisclosure
provision of the Agreement shall survive the termination of this Agreement
and Receiving Party’s duty to hold Confidential Information no longer
qualifies as a trade secret or until Disclosing Party sends Receiving Party
written notice releasing Receiving Party from this Agreement, whichever
occurs first.
- Relationships.
Nothing contained in this Agreement shall be deemed to constitute
either party a partner, joint venturer or employee of the other party for
any purpose.
- Severability.
If a court finds any provision of this Agreement invalid or
unenforceable, the remainder of this Agreement shall be interpreted so as
best to affect the intent of the parties.
- Integration.
This Agreement expresses the complete understanding of the parties
with respect to the subject matter and supersedes all prior proposals,
agreements, representations and understandings.
This Agreement may not be amended except in a writing signed by both
parties.
- Waiver.
The failure to exercise any right provided in this Agreement shall
not be a waiver of prior or subsequent rights.
This Agreement and each party’s obligations shall be
binding on the representatives, assigns and successors of such party.
Each party has signed this Agreement through its authorized
representative.
______________________________________________
(Signature)
David L. Tuck dba Electric Power Consulting_________
(Typed
or Printed Name)
Date: ____________________
______________________________________________
(Signature)
______________________________________________
(Typed
or Printed Name)
Date: ____________________