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NON-DISCLOSURE AGREEMENT
This Non-Disclosure Agreement is by and between Syclo, LLC, an Illinois
limited liability corporation, with an address at 1721 Moon Lake
Boulevard, Suite 300, Hoffman Estates, IL 60194, (Syclo) and the party
executing the following click-through agreement:
Recitals
A. The Receiving Party hereto wishes to access information
contained on Syclo's website. The website contains certain non-public
and proprietary information ("information") owned by Syclo.
B. Syclo wishes to preserve the confidentiality of certain
information disclosed in connection with the aforementioned website.
NOW THEREFORE, in consideration of the mutual covenants contained herein
and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as
follows:
- As a condition to receiving the information which Syclo may
furnish to the Receiving Party covenants to hold and treat the
information in strictest confidence and shall not use or disclose the
information or any part thereof.
- Syclo is the exclusive owner of the information, material, and
ideas embodied therein and given to the Receiving Party under this
Agreement.
- As used herein, the term information shall mean all technical
proprietary sales and financial data and information, whether written or
oral, including but not limited to financial papers and statements,
customer lists, research and development activities, vendors, computer
hardware and software, products, drawings, trade secrets and information
regarding operating procedures, pricing methods, marketing strategies,
customer relations, future plans and other information deemed
proprietary or confidential by Syclo, which has been expressly
identified and designated in the index or in the body of the file as
Confidential and Proprietary. All information contained in the
designated documents shall be deemed Confidential and Proprietary
Information.
- The term Information does not include information which:
(a) at the time of disclosure, is in the public domain or which, after
disclosure, becomes part of the public domain by publication or
otherwise through no fault of the Receiving Party; (b) prior to
disclosure hereunder, is property within the legitimate possession of
the Receiving Party; (c) was received by the Receiving Party from
a third party having the legal right to transmit the same; (d) is
independently developed by the Receiving Party through persons who have
not had, either directly or indirectly, access to or knowledge of such
Information which can be verified by independent evidence; (e) the
Disclosing Party provides written approval for its disclosure to parties
not covered under this Agreement; (f) is obligated to be produced
under order of a court of competent jurisdiction or a valid
administrative or congressional subpoena.
- In further consideration of the disclosure to be made by Syclo,
the Receiving Party agrees to promptly redeliver to Syclo upon request
and without relieving Receiving Party of any obligation of
confidentiality all written material containing or reflecting any
information (including all copies, extracts, or other reproductions) and
further agrees that Syclo shall have no liability to Receiving Party
resulting from use of the Information.
- It is understood by both parties that this Agreement does not
constitute a license to use the Information or material disclosed by
Syclo except as specified herein.
- Nothing in this Agreement shall impose any obligation upon
either party to consummate a transaction, to enter into any discussion
or negotiations with respect thereto, or to take any other action not
expressly agreed to herein.
- If the Receiving Party is requested to disclose any Information,
it will promptly notify Syclo to permit Syclo to seek a protective order
or take the appropriate action. The Receiving Party will also cooperate
in Syclo's efforts to obtain a protective order or other responsible
assurance that confidential treatment will be afforded the Information.
If, in the absence of a protective order, the Receiving Party, in the
written opinion of its counsel addressed to Syclo, is compelled as a
matter of law to disclose the Information, it may disclose to the party
compelling the disclosure only the part of the Information as is
required by law to be disclosed (in which case, prior to disclosure,
Receiving Party will advise and consult with Syclo and its counsel as to
such disclosure and the nature and wording of such disclosure) and
Receiving Party will use its reasonable best efforts to obtain
confidential treatment therefor.
- Unless extended by mutual consent of the Receiving Party and
Syclo, this Agreement shall expire two (2) years from the date hereof.
- Because money damages would not be a sufficient remedy for any
breach of the foregoing covenants and agreements, Syclo shall be
entitled to specific performance and injunctive and other equitable
relief as a remedy for any such breach in addition to all monetary
remedies available at law or in equity.
- Syclo makes no representation or warranty as to the accuracy or
completeness of the Information and the Receiving Party agrees that
Syclo and its employees and agents shall have no liability to Receiving
Party resulting from any use of the Information.
- This Confidentiality Agreement represents the entire agreement
between the parties with respect to the subject matter contained herein.
- This Confidentiality Agreement shall inure to the benefit of the
respective parties, their legal representatives, successors and assigns.
- This Confidentiality Agreement shall be governed by and
construed in accordance with the Laws of the State of Illinois.
- If any provision of this Confidentiality Agreement is illegal or
unenforceable, its validity shall not affect the other provision of this
Confidentiality Agreement that can be given effect without the invalid
provision. If any provision of this Confidentiality Agreement does not
comply with any law, ordinance or regulation, such provision to the
extent possible shall be interpreted in such a manner to comply with
such law, ordinance or regulation, or if such interpretation is not
possible, it shall be deemed to satisfy the minimum requirements
thereof.
The content of this field is kept private and will not be shown publicly.