NON-DISCLOSURE AGREEMENT
COMPANY:
Celltech Viet Nam Telecom Solutions Jsc
Xuan Thuy street, Dich Vong Hau,
Cau Giay District, Ha Noi
EFFECTIVE DATE: January 2015
This Non-Disclosure Agreement (“Agreement”) is entered into on the Effective Date by and between Persado UK Limited, a company incorporated and operating under the laws of England and Wales, having its registered office at Portland House, Bressenden Place, London SW1E 5BH, United Kingdom (Company Registration No: 06286669) (“Persado”) and the Company.
Each of Persado and Company have requested or may request certain information from the other in connection with marketing services (the “Purpose”). In consideration thereof and as a condition to being furnished such information by the other, each party in its capacity is a recipient of information (in such capacity, the “Receiving Party”) agrees as follows with the other party in its capacity as a provider of information (in such capacity, the “Disclosing Party”).
1. The Receiving Party agrees to treat confidentially all information that the Disclosing Party, its agents or its representatives makes available to it or to its directors, officers, employees, agents, advisors or affiliates or representatives of the Receiving Party’s agents, advisors or affiliates (each of the foregoing, other than the Receiving Party, a “Receiving Party’s Representative”), regardless of the form in which such information is communicated or maintained, and all notes, reports, analyses, compilations, studies, files or other documents or material, whether prepared by the Receiving Party or others, which are based on, contain or otherwise reflect such information (collectively, the “Confidential Information”).
2. The term “Confidential Information” does not include information that (i) is or becomes available to the public, other than as a result of a disclosure by the Receiving Party or a Receiving Party’s Representative in breach of this Agreement, (ii) was or has become available to the Receiving Party or a Receiving Party’s Representative on a non-confidential basis from a source other than the Disclosing Party, its agents or representatives; provided, that to the Receiving Party’s knowledge after reasonable investigation, the source of such information was not bound to maintain its confidentiality by a contractual, other legal or fiduciary obligation, or otherwise prohibited from transmitting the information to the Receiving Party or such Receiving Party’s Representative, or (iii) the Receiving Party or a Receiving Party’s Representative independently developed without reference to or use of Confidential Information.
3. It is understood that the Receiving Party may disclose Confidential Information to those of its Representatives that require such material for the sole purpose of evaluating the Purpose. The Receiving Party and the Receiving Party’s Representatives will not use Confidential Information for any other purpose. The Receiving Party agrees that the Confidential Information will be kept confidential by the Receiving Party and its Representatives and, except with the specific prior written consent of the Disclosing Party or as expressly otherwise permitted by this Agreement, will not be disclosed by the Receiving Party or any Receiving Party’s Representative to any person. The Receiving Party shall take reasonable steps to ensure compliance with these confidentiality obligations by its Representatives and agrees that it is responsible to the Disclosing Party for any action or failure to act that would constitute a breach of this Agreement by any Receiving Party’s Representative. In addition to any other remedy provided hereby or at law, in the event that any of the Confidential Information constitutes non-public information about a client or customer of the Disclosing Party or any affiliate of the Disclosing Party, and the Receiving Party or any of its Representatives has breached its obligations of confidentiality with respect to such information, the Receiving Party shall indemnify the Disclosing Party for all loss or damage to the Disclosing Party or any of its affiliates caused by such breach, including but not limited to loss or damage caused by payments made by the Disclosing Party to third parties arising out of or as a result of such breach.
4. Neither party shall disclose the existence of this Agreement or that discussions have taken place between the parties with respect to a proposed relationship, transaction, or the Purpose without the other party’s prior written consent (unless such disclosure is legally compelled, subject to the provisions of the following paragraph). Neither party will use the other party’s name or marks, or refer to or identify the other party in any advertising or publicity release or promotional or marketing correspondence to others without such other party’s prior written consent.
5. Notwithstanding anything in this Agreement to the contrary, the Receiving Party (which as used herein includes its Representatives) may disclose Confidential Information to the extent that such disclosure is required by an order of a court, administrative agency or governmental authority, or by any law, rule or regulation, or by subpoena, discovery request, summons or other administrative or legal process, or by any formal or informal investigation by any governmental agency or authority; provided, however, that, unless prohibited by law, the Receiving Party shall give prompt written notice of any such request or requirement to the Disclosing Party; the Receiving Party shall give the Disclosing Party prior written notice of the Confidential Information it believes it or its Representative is required to disclose; and the Receiving Party shall cooperate, to the extent practicable, with the Disclosing Party, at the Disclosing Party’s expense, with any reasonable efforts of the Disclosing Party to avoid or minimize such disclosure and/or to obtain confidential treatment thereof or other protective order.
6. Upon the written request of the Disclosing Party, the Receiving Party will at its option either promptly return to the Disclosing Party all documents and other materials furnished by the Disclosing Party or its agents or representatives to the Receiving Party or its Representatives constituting Confidential Information, together with all copies thereof in the possession of the Receiving Party or its Representatives, or destroy the same (with such destruction to be certified to the Disclosing Party by an authorized officer of the Receiving Party). In addition, the Receiving Party shall promptly destroy all other documents and other matter constituting or reflecting Confidential Information prepared by the Receiving Party or its Representatives (with such destruction to be so certified).
7. NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OR COMPLETENESS OF ANY INFORMATION THAT IS PROVIDED HEREUNDER. Neither this Agreement nor any exchange of information hereunder by the Disclosing Party will be construed as creating, conveying, transferring, granting or conferring upon the Receiving Party any rights, license, or authority in or to the information exchanged or otherwise.
8. Each party reserves the right, in its sole and absolute discretion, to reject any or all proposals and to terminate discussions and negotiations with or involving the other party at any time and for any reason without any liability and without any obligation of any kind (including without limitation any implied obligation of good faith to continue negotiations). Further, the parties understand and agree that each may be evaluating potential tansactions or relationships with other parties and may be considering or may in the future consider internal developments similar to those being discussed by the parties. Nothing in this Agreement restricts the right of a party to create, develop, acquire, protect, procure or market any products or services, whether or not similar to those being discussed by the parties; provided that such party has not used the Confidential Information in breach of this Agreement. This Agreement does not obligate either party to obtain any services from the other or to enter into any business relationship with the other or prevent either party from entering into agreements or business relationships with other persons.
9. The Receiving Party is aware, and will advise its Represenatiaves who receive any Confidential Information or are informed of the matters that are the subject of this Agreement, that applicable securities laws restrict persons with material, non-public information concerning the Disclosing Party (including for this purpose any publicly traded affiliate of the Disclosing Party) from purchasing or selling securities of the Disclosing Party, or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such other person is likely to purchase or sell such securities.
10. No failure or delay in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder.
11. The parties acknowledge and agree that money damages would be both incalculable and an insufficient remedy for any breach of this Agreement by a Receiving Party or its Representatives and that any such breach would cause the Disclosing Party irreparable harm. Accordingly, the Receiving Party also agrees that in the event of any breach or threatened breach of this Agreement, the Disclosing Party, in addition to any other remedies at law or in equity it may have, shall be entitled to equitable relief, including injunctive relief and specific performance, without the requirement of posting a bond or other s
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