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CONFIDENTIALITY AGREEMENT

Non Circumvention and Non-Disclosure

DATED THIS

BETWEEN

Party 1

Toni Abou Rached


Lebanon
4th November 1969
Passport: LR0914817

AND ALL ASSOCIATES AND SUPPLIERS including:

LIMAR INTERNATIONAL TRADING FZE


LICENCE: 7761
P.O. BOX: 51102

AND

PARTY 2

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(Collectively referred to as “Parties” and individually as “Party”)

WHEREAS:

(i) The Client will be in receipt of private and confidential information and
documents (“Confidential Information”) from the Agent relating to the
Property.

(iii) The Client accepts and acknowledges that such Confidential Information is
provided by the Agent in strictest confidence and for the purposes of the
discussions about the sale(s) and purchase(s) of Gold and Precious metals
and financial investment.

IT IS HEREBY AGREED THAT:

1.1. The Parties agree that they may disclose to each other confidential,
important, and/or proprietary information concerning itself and its activities.
In order to facilitate the free exchange of information, the Parties agree to
abide by the following terms and conditions with respect to the disclosure of
such confidential information.

1.2. Definitions

“Discloser” shall mean the Party disclosing Confidential Information.

“Recipient” shall mean the Party receiving Confidential Information and shall
include all affiliates, subsidiaries, and related companies of Recipient.

“Confidential Information” shall include all information or material that has


or could have commercial value or other utility in the business or prospective
business of the Discloser or its subsidiaries or affiliates. Confidential
Information also includes all information of which unauthorized disclosure
could be detrimental to the interests of the Discloser or its subsidiaries or
affiliates whether or not such information is identified as Confidential

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Information by the Discloser. By example and without limitation, Confidential
Information includes, but is not limited to, and any and all information of the
following or similar nature, whether or not reduced to writing: customers lists,
customer and supplier identities and characteristics, agreements, marketing
knowledge and information, sales figures, pricing information, marketing
plans and business plans, strategies, forecasts, financial information, budgets,
software, research papers, manufacturing processes, patents, patent
applications, processes, formulas, trade secrets, innovations, inventions,
discoveries, improvements, research or development and test results,
specifications, data, know-how, formats, plans, sketches, specifications,
drawings, models, technical and engineering data, and any other information
or procedures that are treated as or designated secret or confidential by
Discloser or its customers or potential customers, or which from the
circumstances in good faith and good conscience ought to be treated as
secret or confidential.

“Representative” shall include the Recipient’s directors, officers, employees,


agents, and financial, legal, and other advisors.

“NON Disclosure” means all information given in confidence stays with the
recipient until authorised to release by the Company.

“NON Circumvention” means that Party 2 will not make any direct or
indirect contact in any form with the client of party 1. Similarly, Party 1 will
not make any direct or indirect contact in any form with the client(s) or
suppliers of party 2. All communications with Party 1 Clients

1.3. Exclusions

Confidential Information does not include information that the Recipient can
demonstrate:

1.3.1. has rightfully been in the possession of the Recipient or one of its
affiliates prior to the date of disclosure of such information by the
Discloser;

1.3.2. has been in the public domain prior to the date of disclosure of such
information by the Discloser;

1.3.3. later becomes part of the public domain by publication or by other


means except by means of an unauthorized act or omission on the
part of the Recipient;

1.3.4. is lawfully obtained by the Recipient or one of its affiliates from a


third party independent of the Discloser who, to the knowledge of
the Recipient or its affiliates, is not under any obligation of

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confidence to the Discloser; or

1.3.5. has been independently developed by the Recipient or one of its


affiliates as shown by substantial evidence.

1.4. Duty of Confidentiality

The Recipient and its Representatives shall not disclose any of the Discloser’s
Confidential Information in any manner whatsoever, except as provided
herein, and shall hold and maintain the Discloser’s Confidential Information in
strictest confidence. The obligations set forth herein shall survive for a period
of five (5) years.

1.5. Permitted Disclosures

The Recipient may disclose the Discloser’s Confidential Information to the


Recipient’s responsible Representatives who have a need to know such
Confidential Information, but only to the extent necessary and only if such
Representatives are advised of the confidential nature of such Confidential
Information and the terms of this Agreement and are bound by a written
agreement or by a legally enforceable code of professional responsibility to
protect the confidentiality of such Confidential Information.

1.6. Required Disclosures

The Recipient may disclose the Discloser’s Confidential Information if and to


the extent that such disclosure is required by order of a court or
governmental or regulatory authority, provided that the Recipient have first
promptly notified the Discloser and shall have refrained from making such
disclosure to the fullest extent permitted by law so as to afford the Discloser
an opportunity to review the disclosure, if possible, before it is made and to
interpose its own objection to the disclosure.

1.7. Use

The Recipient and any Representatives shall use the Discloser’s Confidential
Information solely and only to the extent necessary, and shall not in any way
use the Discloser’s Confidential Information to the detriment of the Discloser.

1.8. Confidentiality of Negotiations

The Parties and any Representatives shall not make any statement, public
announcement, release to any trade publication or the press, or inform any

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third party of any matter contained in the Confidential Information without
the written consent of the other.

1.9. Termination and Return of Documents

Upon the Discloser’s written request, the Recipient shall at the Discloser’s
option either promptly return the Discloser’s Confidential Information, and
shall destroy all records, notes, and other written, printed or other tangible
materials in its possession pertaining to the Confidential Information. In the
event the Confidential Information is destroyed, the Recipient shall provide a
certification of such destruction from an officer of at least the level of Partner
(or General Manager). The returning of materials shall not relieve any Party
from compliance with other terms and conditions of this Agreement.

1.10. Governing Law and Disputes

This Agreement shall be governed solely and exclusively by, and construed in
accordance with the Laws of the Emirate of Dubai and of the U.A.E and any
dispute or difference arising under or in connection with this Agreement shall
be submitted and resolved by the jurisdiction of the Courts of Dubai, United
Arab Emirates for final determination.

This Confidentiality Agreement may be validly exchanged and delivered by way of


Facsimile, Mail and / or Electronic Mail, each of which when so executed and
delivered shall be deemed to be an original Agreement.

No modifications or alterations may be made to this Confidentiality Agreement


without the express written consent of each of the parties hereto.

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Signed on behalf of Party 1:

Signature: ____________________________

Name:

Position:
Date: ___________________________

Signed on behalf of Party 2:

Signature: ____________________________

Name: ____________________________

Position: ____________________________

Date: ____________________________

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