NON DISCLOSURE AGREEMENT
This agreement is hereby entered into between Armistead Technologies, LLC.™ , Glen Arm, MD 21057 (ARMTEC)
and Fill in Company or Owner name & Address (AUTHOR).
AUTHOR has developed and will be sending to ARMTEC the following INFORMATION for ARMTEC's evaluation:
ARMTEC agrees to the following:
Acknowledgment of Confidentiality. ARMTEC acknowledges that they may be exposed to confidential and proprietary information of AUTHOR.
Confidential Information does not include (i) information already known by ARMTEC, (ii) information in the public domain through no wrongful act of ARMTEC, or (iii) information received by ARMTEC from a third party who was free to disclose it.
Covenant Not to Disclose. ARMTEC agrees not to use, commercialize, or disclose any Confidential Information to any person or entity except as AUTHOR approves. AUTHOR acknowledges that ARMTEC may share some of the information with third parties for the purposes of engineering design and pricing but only if ARMTEC has on file a signed nondisclosure agreement from the third party specifically regarding this project. ARMTEC agrees to use at least the same degree of care in safeguarding the Confidential Information as they use in safeguarding their own confidential information.
Retention of Rights. AUTHOR retains all rights to the material sent. ARMTEC agrees to keep on file all material for one year from the last date of activity and to return all materials (during that period) upon AUTHOR'S request. After the one year of non activity, ARMTEC reserves the right (without notice) to destroy all confidential material by crosscut shredding.
Term of Agreement. This agreement shall expire one year from the latest date shown below.
ACCEPTED BY
For AUTHOR:
Authorized Signature: _____________________
Printed Name: ____________________
Title: _____________________
Date: _____________________
For Armistead Technologies, LLC.™ :
Authorized Signature: _____________________
Printed Name: John T. Armistead
Title: Owner
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Phone: 410-627-2408 |
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