NON disclosure luna 1000
Confidential Disclosure Agreement:
This Agreement is entered into this _____ day of ______________, 2011 by and between _________________________with offices at ____________________________________ (hereinafter "Recipient") and Ricomale, LLC, with offices at 1400 Mitchell Rd Modesto, Ca
95351 (hereinafter "Discloser").
WHEREAS Discloser possesses certain ideas and information relating to tortilla warmers and their components, as well as business plans and business information relating thereto, including patent and trademark information, that is confidential and proprietary to Discloser (hereinafter "the Confidential Information"); and WHEREAS the Recipient is willing to receive disclosure of the Confidential Information pursuant to the terms of this Agreement for the purpose of: investment of funds; AND/OR creation of a prototype; AND/OR manufacture of goods; AND/OR licensing of rights; AND/OR assignment of rights; AND/OR sale of goods; AND/OR distribution of goods;
NOW THEREFORE, in consideration for the mutual undertakings of the Discloser and the Recipient under this Agreement, the parties agree as follows:
1. Disclosure. Discloser agrees to disclose, and Receiver agrees to receive the Confidential Information. 2. Confidentiality.
2.1 No Use. Recipient agrees not to use the Confidential Information in any way, or to manufacture or test any product embodying Confidential Information, except for the purpose set forth above.
2.2 No Disclosure. Recipient agrees to use its best efforts to prevent and protect the Confidential Information, or any part thereof, from disclosure to any person other than Recipient's employees having a need for disclosure in connection with Recipient's authorized use of the Confidential Information.
2.3 Protection of Secrecy. Recipient agrees to take all steps reasonably necessary to protect the secrecy of the Confidential Information, and to prevent the Confidential Information from falling into the public domain or into the possession of unauthorized persons.
3. Limits on Confidential Information. Confidential Information shall not be deemed proprietary and the
Recipient shall have no obligation with respect to such information where the information: (a) was known to Recipient prior to receiving any of the Confidential Information from Discloser; (b) has become publicly known through no wrongful act of Recipient;
(c) was received by Recipient without breach of this Agreement from a third party without restriction as to the use and disclosure of the information;
(d) was independently developed by Recipient without use of the Confidential Information; or (e) was ordered to be publicly released by the requirement of a government agency.
4. Ownership of Confidential Information. Recipient agrees that all Confidential Information shall remain the
property of Discloser, and that Discloser may use such Confidential Information for any purpose without obligation to Recipient. Nothing contained herein shall be construed as granting or implying any transfer of rights to Recipient in the Confidential Information, or any patents or other intellectual property protecting or relating to the Confidential Information.
5. Term and Termination. The obligations of this Agreement shall be continuing until the Confidential
Information disclosed to Recipient is no longer confidential.
6. Survival of Rights and Obligations. This Agreement shall be binding upon, inure to the benefit of, and be
enforceable by (a) Discloser, its successors, and assigns; and (b) Recipient, its successors and assigns. 7. Final Agreement. This Agreement terminates and supersedes all prior understandings or agreements on the subject matter hereof. This Agreement may be modified only by a further writing that is duly executed by both parties.
8. Severability. If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term had never been included.
IN WITNESS WHEREOF, the parties have executed this agreement effective as of the date first written above. DISCLOSER (Ricomale, LLC) RECIPIENT (_________________________)
Signed: ______________________________ Signed: ______________________________ Print Name: PABLO NAJERA Print Name: ___________________________ Title: COMPANY REP Title: ________________________________ Date: ________________________________ Date: ________________________________