NON-DISCLOSURE AGREEMENT
In
connection with the proposed ExSeed Program, Exsedia Sdn Bhd ("the Company") has
disclosed or may disclose to you business information, technical information and/or
ideas ("Proprietary Information").
In consideration of any disclosure and any negotiations concerning the proposed
ExSeed Program, you agree as follows:
1. You will hold in confidence and not possess or use (except to evaluate the
proposed ExSeed Program) or disclose any Proprietary Information except information
you can document (a) is in the public domain through no fault of yours, (b) was
properly known to you, without restriction, prior to disclosure by the Company,
or (c) was properly disclosed to you by another person without restriction, and
you will not reverse engineer or attempt to derive the composition or underlying
information, structure or ideas of any Proprietary Information. The foregoing
does not grant you a license in or to any of the Proprietary Information.
2. If you decide not to proceed with the proposed ExSeed Program or if asked
by the Company, you will promptly return all Proprietary Information and all copies,
extracts and other objects or items in which it may be contained or embodied.
3. You will promptly notify the Company of any unauthorized release of Proprietary
Information.
4. You understand that this statement does not obligate the Company to disclose
any information or negotiate or enter into any agreement or relationship.
5. You acknowledge and agree that due to the unique nature of the Proprietary
Information, any breach of this agreement would cause irreparable harm to the
Company for which damages are not an adequate remedy and that the Company shall
therefore be entitled to equitable relief in addition to all other remedies available
at law. 6. The terms of this Agreement will remain in effect with respect
to any particular Proprietary Information until you can document that it falls
into one of the exceptions stated in Paragraph 1 above. 7.
This Agreement is governed by the laws of Malaysia and may be modified or waived
only in writing. If any provision is found to be unenforceable, such provision
will be limited or deleted to the minimum extent necessary so that the remaining
terms remain in full force and effect. The prevailing party in any dispute or
legal action regarding the subject matter of this Agreement shall be entitled
to recover attorneys' fees and costs. Acknowledged
and agreed by:
Signature
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| Name
: _____________________________ | | Date
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