Welcome to ProtoMart by
Seward Consulting Ltd. By installing
and using ProtoMart ("Product"), you ("Recipient") agree to
the following terms and conditions, and any policies, guidelines or amendments
thereto that may be presented to you from time to time (collectively, the
"Terms & Services").
RECITALS:
A.
Recipient wishes to test
Seward’s software product called ProtoMart (the “Product”), as part of a beta
testing program. In the course of such testing, it is anticipated that Seward
may disclose or deliver to Recipient Seward trade secrets or confidential or
proprietary information for the purpose of enabling Recipient to better understand
the Product and/or conduct necessary tests. Seward and Recipient have entered
into this Agreement in order to assure the confidentiality of such trade
secrets and confidential or proprietary information.
B.
In order to maintain the
value of the Confidential Information it is of the utmost importance that the
parties execute this Non-Disclosure and Confidentiality Agreement (the
“Agreement”) to ensure that the Recipient will never use Seward’s Confidential
Information in any way without the express written consent of Seward and in
strict accordance with the terms of this Agreement.
IN
CONSIDERATION of the premises and of the mutual covenants contained herein, and
other good and valuable consideration including $10.00, the receipt and
sufficiency of which is hereby acknowledged by each party, the parties hereby
agree with each other as follows:
1.
The recitals are hereby
incorporated into and form an integral part of this Agreement.
2.
As used herein, the term
“Confidential Information” will mean: information, whether classified as
technical or non-technical that may be used in a trade or business and is not
generally known in that trade or business, which produces economic value and
is, therefore, the subject of efforts that are reasonable in the circumstances,
whether or not related to the Product, to maintain secrecy, novel, or of other
worth, as well as inventions, trade secrets, designs, ideas, discoveries,
innovations, improvements, modifications, know-how, patterns, sketches, notes,
programs, print-outs, records, formulae, copyrights, trade-marks, patents,
patent applications, records of invention, processes, process data,
photographs, drawings, equations or other calculations, flow-charts, sheets,
designs, diagrams, blueprints, manuals, recordings, customer information,
costing and pricing information, sources of supplies, charts, reports,
specifications, techniques, plans or strategies, operations, customer lists,
sales information, construction details, administration records, design,
systems, or data of Seward as may be developed from time to time or used in
association with the activities of Seward.
3.
The Recipient hereby and
forever assigns without limitation to Seward all title and rights to
Confidential Information that it has produced in association with its
relationship with Seward by reason of dealing with the Product.
4.
Notwithstanding any
other provisions of this Agreement, Confidential Information does not include
information that:
(a) is, or becomes, publicly known through no wrongful act on the
Recipient’s part or its subsidiaries; or;
(b) is furnished to a third party by Seward without a similar
restriction on the third party’s rights; or
(c) is required to be disclosed by law or
applicable legal process;
(d) is embodied and ascertainable upon inspection
of commercially available products, including manuals and the like, rightfully
sold to the public by Seward; or
(e) is expressly authorized for release by written
authorization of Seward.
5.
No license, express or
implied, in the Confidential Information is granted to the Recipient other than
to use the information in the manner and to the extent authorized by this
Agreement.
6.
The Recipient agrees
that the Confidential Information will remain the property of Seward and the
disclosure to the Recipient hereunder creates only a limited license to use
such information for the purposes related to using the Product.
7.
The Recipient will be
responsible for and will fully indemnify and hold Seward harmless from any
damages whatsoever or howsoever arising out of any breach of any covenant of
this Agreement by the Recipient, its agents, representatives, directors or
employees.
8.
The Recipient
acknowledges and agrees that it owes a duty to Seward to keep all Confidential
Information in confidence and not to use it or disclose it to any person, firm
or corporation without the express written authorization of Seward who is the
owner thereof, and further the recipient agrees not to vary or modify the
Confidential Information in any manner or form whatsoever nor use any
derivation of the Confidential Information in order that such new or varied
matter can or may be used in competition with or in a similar manner as the
Confidential Information.
9.
The Recipient will not
provide any assistance whatsoever to any third party or do anything which would
be likely to adversely affect the validity or value of any of Seward’s
Confidential Information or any copyright, trademark, patent or other form of
protection (whether intellectual property or not) relating thereto. The Recipient further agrees that it will
not dispute or contest, directly or indirectly, the validity or enforceability
of any intellectual property rights in respect of Seward’s Confidential
Information nor counsel, procure or assist anyone else to do the same.
10.
The Recipient will not
copy or reproduce Seward’s Confidential Information by any means whatsoever
without express written consent of Seward and all such copies will contain any
proprietary and confidential notices of Seward, which appear on the originals
of the Confidential Information (relating to copyright, trademark, patent or
otherwise).
11.
The Recipient will
immediately upon the request of Seward, return all Confidential Information and
copies thereof which may be or have been in the Recipient’s possession, power
or control, to Seward, or will destroy the same as directed by Seward and
furnish satisfactory proof of that destruction.
12.
The Recipient
understands and agrees that the owner of the Confidential Information, Seward,
will suffer irreparable harm in the event that the recipient or any of its
agents, representatives, directors or employees breaches any of the obligations
contained in this Agreement and that monetary damages will be inadequate to
fully compensate the owner for the breach.
Accordingly, in the event of such a breach or threatened breach of any
of the provisions of this Agreement, Seward, in addition to and not in
limitation of any other rights, remedies or damages available to it at law or
in equity, will be entitled to an interim injunction, interlocutory injunction
and permanent injunction in order to prevent or to restrain any such breach
which will, notwithstanding any other provision contained herein, extend to any
breach by any of the Recipient’s partners, shareholders, co-venturers, agents,
representatives, directors, officers, servants, and any and all persons,
directly or indirectly acting for, on behalf of or with the recipient of the
Confidential Information.
13.
This Agreement will be
binding upon the Recipient and Seward and their heirs, executors,
administrators, successors and assigns.
14.
The provisions of this
Agreement are severable. If any
provision, term, covenant or condition of this Agreement or the application
thereof to any person or circumstance, will to any extent be prohibited by, or
unlawful, invalid or unenforceable under any applicable law, in whole or in
part, the remaining provisions, terms, covenants, or conditions in this
Agreement will not be unenforceable or invalid, nor will the application of
such provision, term, covenant or condition to persons or circumstances other
than those to which it is held invalid or unenforceable be affected thereby.
15.
Neither this Agreement
nor the disclosure of Confidential Information hereunder constitutes any
representation, warranty, assurance, guarantee or inducement by Seward to the
Recipient with respect to the accuracy, completeness, technical quality or
value in respect thereof. Without
restricting the generality of the foregoing, Seward makes no representation or
warranty as to the future performance of its assets or business. The Recipient will rely solely on its own
appraisal and estimates as to the value and condition of the assets of Seward
and will rely solely on its own interpretations and analysis related thereto.
16.
Without the prior
written consent of Seward, the Recipient will not for a period of two (2) years
from the end of its working relationship with Seward hereof, neither directly
nor indirectly, solicit for employment or contact for the purposes of doing
business any senior management personnel or customer who is now employed by or
is a customer of Seward and who is identified as a result of any association of
the Recipient with Seward.
17.
This Agreement
constitutes the entire agreement between the parties as to the subject matter
hereof and merge all prior discussions between them. Neither of the parties will be bound by any conditions,
definitions, warranties, understandings, or representations with respect to
such subject matter other than: (1) as expressly provided herein, or (2) as
duly set forth on or subsequent to the effective date hereof in writing and
signed by a proper and duly authorized representative of the party to be bound thereby.
18.
The Recipient cannot
assign or transfer any of its rights or obligations under this Agreement.
19.
The Recipient will
promptly and duly execute and deliver to Seward such further documents and
assurances, and take such further action as Seward may request in order to more
effectively carry out the intent and purpose of this Agreement.
20.
This Agreement shall be
governed by and be interpreted exclusively in accordance with the laws of the
Province of Alberta, and exclusive forum is the Courts of Alberta.
21.
This Agreement may be
executed in counterparts and via electronic transmission with the same effect
as if the parties hereto had signed the same document. All counterparts and any adopting
instruments shall be construed together and shall constitute one and the same
agreement.