Default Terms ININDI, business offers
© ININDI 2022
Non-Disclosure &
Non-circumvent terms:
Our default terms below, if nothing else has been agreed in
writing in advance:
1.
We agree by dealing with ININDI (Inindi of Sweden or any
sister company or brand of the same or any company later
added to the ININDI group of companies, or partner
company to ININDI) after have being given a link to this page
(or page with info that includes a link to this page) or as
attached to an E-mail or by referring to this web page in any
other way, that we accept that these terms are valid or we
will back out from dealing with ININDI. ININDI is also bound
by this the same undertaking.
2.
One party will provide
information (The Provider) and one
party will receive information (The
Recipient). Or both parties will provide
information to each other and then
both parties are considered as The
Provider and as The Recipient in
respective information cases.
3.
DEFFINITIONS
a.
WHEREAS, PROVIDER has certain
secret information that he wants to disclose to the
RECIPIENT CONFIDENTIAL INFORMATION: PROVIDER will
hand over secret information, which shall hereinafter be
referred to as "CONFIDENTIAL INFORMATION"; and
WHEREAS, RECIPIENT is interested in examining the
CONFIDENTIAL INFORMATION solely for the PURPOSE,
defined below;
b.
PURPOSE: Initially to explore business opportunities
related to the CONFIDENTIAL INFORMATION. If both parties
after the initial examination period agrees to continue to
work together in business deals and/or project(s) of any kind
related to the CONFIDENTIAL INFORMATION given during the
initial period than the PURPOSE also includes the time after
the initial exploration period. MANUFACTURING ORDER:
4.
In the case the PROVIDER wants the RECIPIENT to handle
the placement of an order of
a product with a third party
on behalf of the PROVIDER
and for which INFORMATION,
that needs to be given to the
third party manufacturer,
comes under the
CONFIDENTIAL
INFORMATION under this
undertaking then this is here
known as the
MANUFACTURING ORDER in
this undertaking. UNDERTAIKINGNOW, THEREFORE, in
consideration of the premises and mutual covenants
contained herein, the RECIPIENT hereto agree as follows:
5.
PROVIDER, directly or through its employee (the
PROVIDER Contact) shall disclose CONFIDENTIAL
INFORMATION to RECIPIENT, directly or through its employee
(the RECIPIENT Contact) to enable RECIPIENT to fully evaluate
such disclosure solely for the PURPOSE. CONFIDENTIAL
INFORMATION shall be classified as CONFIDENTIAL at the
time of disclosure by the PROVIDER.
6.
All CONFIDENTIAL INFORMATION is considered highly
sensitive and strictly confidential. Accordingly, RECIPIENT will
maintain such Information in the utmost confidence.
RECIPIENT will initially not use or exploit the Information for
any purpose other than evaluating, and if cooperation take
place after the initial evaluating period, then THE RECIPIENT
will only use the information for developing such business
and/or projects and/or products for which both parties has
agreed and from which both parties will benefit.
7.
RECIPIENT agrees to accept the CONFIDENTIAL
INFORMATION and to employ all reasonable efforts to
maintain the CONFIDENTIAL INFORMATION as secret and
confidential, such efforts to be no less than the degree of
care employed by RECIPIENT to preserve and safeguard
Recipient's own confidential information. The CONFIDENTIAL
INFORMATION shall not be disclosed or revealed to anyone
except employees of RECIPIENT who have a need to know the
CONFIDENTIAL INFORMATION for the PURPOSE and who
agree to be bound by the terms of this undertaking.
a.
In the case THE RECIPIENT will be given the task to
contact any THIRD PARTY on behalf of THE PROVIDER and if
it’s necessary to disclose such CONFIDENTIAL INFORMATION
or part thereof then he may do so if the PROVIDER agree to
the same. THE RECIPIENT shall then ask the THIRD PARTY for
the same NON-DISCLOSURE AND NON-CIRCUMVENT
UNDERTAKING.
i.
If the PROVIDER gives the RECIPIENT, after the
evaluation period, the task to contact several other
companies in order to develop the mutual business then
there is only need for one single approval by the PROVIDER
to the RECIPIENT in order to allow the RECIPIENT under this
undertaking to contact such companies.
b.
If THE RECIPIENT shall place a MANUFACTURING ORDER
on behalf of THE PROVIDER and if normal routines in the
actual industry does not allow such NO DISCLOSURE AND NO
CIRCUMVENT undertaking to be signed then the PROVIDER
shall approve such an arrangement prior to any disclosure of
CONFIDENTIAL INFORMATION by the RECIPIENT to the
manufacturer.
8.
It is hereby understood in
regard to PROVIDER that
RECIPIENT shall incur no liability
merely for examining and
considering the CONFIDENTIAL
INFORMATION. However,
RECIPIENT agrees that it will not
initially use the CONFIDENTIAL
INFORMATION for any purpose
other than the PURPOSE without
the prior written consent of
PROVIDER.
9.
Recipient's obligations under Paragraphs 6, 7 and 8
above shall not extend to any part of the CONFIDENTIAL
INFORMATION:
a.
that in the case the PROVIDER, at the time of giving the
information, fails to inform the RECIPIENT that the
information handed over or given in any other way, is to be
understood as CONFIDENTIAL under this undertaking; or
b.
that can be demonstrated to have been in the public
domain or publicly known and readily available to the trade
or the public prior to the date of the disclosure; or
c.
that can be demonstrated, from written records, to have
been in Recipient's possession or readily available to
RECIPIENT from another source not under obligation of
secrecy to PROVIDER prior to the disclosure; or
d.
that becomes part of the public domain or publicly
known by publication or otherwise, not due to any
unauthorized act by RECIPIENT; or
e.
that is subsequently disclosed to RECIPIENT by a third
party who is not under an obligation of confidentiality to
PROVIDER; or
f.
that is required by any law, regulation, or order of court
to be disclosed by RECIPIENT. Prior to disclosing proprietary
or CONFIDENTIAL INFORMATION of the PROVIDER, the
RECIPIENT shall first notify and provide it an opportunity to
prevent disclosure.
10.
Recipient's obligations under Paragraphs 6, 7 and 8 shall
extend for a period of five (5) years from the effective date.
And to be automatically prolonged by one (1) year after this
period, and continue to be prolonged by one year after each
such extra one year period, unless the prolongation no
longer is actual because:
a.
that the CONFIDENTIAL INFORMATION no longer is to be
understood as CONFIDENTIAL (due to reason given under
point 5 above); or
b.
that the cooperation between the both parties no longer
is actual since two (2) years prior to time for prolongation; or
c.
that one or both parties no longer exists (due to
company been deregistered, gone in to bankruptcy or for
any other such reason no longer is an active company); or
d.
that there no longer is any valid agreement and/or
cooperation and/or economical arrangements of any kind
between the companies.
11.
It is understood that nothing herein shall be deemed to
constitute, by implication or otherwise, the grant to
RECIPIENT of any license or
other rights under any
patent, patent application, or
other intellectual property
right or interest belonging to
PROVIDER, or as permitting
RECIPIENT to unfairly obtain
the right to use any
CONFIDENTIAL INFORMATION
which becomes publicly
known through an improper
act or omission on its part.
12.
All Information will be returned to PROVIDER in
accordance with the instructions of the PROVIDER if
RECIPIENT does not go ahead with the matter. Then, in
addition to returning all Information to the PROVIDER,
RECIPIENT will destroy any analysis, notes or other materials
relating to or derived from the Information.
a.
If no deal is done based on the info and if THE PROVIDER
do not request in writing that information given should be
returned within 30 days of last contact then THE RECIPIENT
can simply destroy or delete all received information,
including all backups, and thereby should be understood to
have fulfilled the terms of this paragraph.
13.
RECIPIENT will not circumvent PROVIDER by using
Providers business idea for Recipients own purposes, unless
agreed so between the two parties in writing.
14.
RECIPIENT may carry on any activity that RECIPIENT
already is entertaining prior to this undertaking without
breaching the non-circumvent paragraph, 13 above,
15.
RECIPIENT shall not use the name of PROVIDER or any
contraction or derivative thereof or the name's) of the other
party's faculty members, employees, or students, as
applicable, in any advertising, promotional, sales literature,
or fundraising documents without prior written consent
from the other party.
16.
This terms supersede any previous non-disclosure
arrangement or undertaking or agreement or any other
preliminary representations or understandings, if any, that
have been entered into by the parties to this undertaking
with regard to the subject CONFIDENTIAL INFORMATION.
17.
We fully agree to examine and consider the subject
matter of the CONFIDENTIAL INFORMATION on the foregoing
basis.
End, last updated 2022-12-30
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