2.4De NDA luidt:
“CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT
This agreement (the "Agreement") is concluded on 17 June 2019 between:
1. Vital Innovation B.V., with its registered office in Rotterdam, at [adres01] , [postcode01] Rotterdam,
the Netherlands, CoC No. 17182248, duly represented in this matter by Mr. [naam01] , Founder/CEO
2. [naam03] ( [naam03] ), [adres02] , [postcode02] Bergen op Zoom, the Netherlands, date of birth [geboortedatum01] -1958, passport number [paspoortnummer01]
"Disclosing Party" means the party to this Agreement disclosing the Confidential Information and/or its affiliates.
"Receiving Party" means the party to this Agreement receiving the Confidential
Information and/or its affiliates, employees, contractors or other third
parties working for and in any respect assigned by the Receiving Party.
"Party" or "Parties" means the Disclosing Party or Receiving Parties or collectively both/all of them.
WHEREAS
• The Parties wish to examine whether a certain form of collaboration is feasible;
• The Parties, before they make a final decision, wish to inspect certain confidential information from each other regarding their (business) operations/modus operandi;
Vital Innovation B.V. developed a novel integral building system also known as the Vital Building Standard and the Vital Building Network. Vital Innovation B.V., the Disclosing Party, and [naam03] , the Receiving Party, intend to collaborate on the initiative and intention of Vital Innovation B.V. to introduce the Vital Building Standard and the Vital Building Network to the market and will disclose certain Confidential Information (as
defined below) to each other in this respect (the "Purpose");
in relation to the disclosure of the Confidential Information:
THE PARTIES HEREBY AGREE the following:
1. In relation to the Purpose it will be necessary for the Disclosing Party to disclose to the Receiving Party verbally, in writing and by electronic transmission, information which is of a confidential nature including, without limitation, commercial, intellectual, marketing technical, contractual and financial information relating to the Disclosing Party (the "Confidential Information"). The Receiving Party shall also treat as confidential,
subject to the provisions of this Agreement, any information which includes or otherwise incorporates part or all of the Confidential Information as well as the existence and contents of any discussions between the Parties regarding the Purpose.
2. Nothing in this Confidentiality and Non-disclosure agreement shall be deemed to grant to the Receiving Party a license expressly or by implication under any patent, copyright or other intellectual property. The Receiving Party hereby acknowledges and confirms that all existing and future intellectual property/capital relating to the Confidential Information is and will unconditionally be the exclusive property of the Disclosing Party.
The Receiving Party shall not apply for or aim to obtain any intellectual property protection in relation to the Confidential Information. All intellectual property rights relating to any drawings, documents and work carried out by the Receiving Party (whether past, present or future) using any part of the Confidential Information, will
automatically belong to and vest in the Disclosing Party. The Receiving Party shall do all such things and execute all documents necessary to enable the Disclosing Party to obtain, defend or enforce its rights in such drawings, documents and work.
3. The Receiving Party acknowledges that the Confidential Information may include commercial assets of considerable value. The Receiving Party shall keep the Confidential Information strictly confidential and undertakes to effect and maintain adequate security measures to safeguard the Confidential Information from unauthorized access, use and/or misappropriation, and shall protect the Confidential Information in the
same manner and with the same degree of care, but not less than a reasonable degree of care, with which it protects confidential information of its own. Furthermore the Receiving Party shall only use it for the Purpose and shall not sell, publish or otherwise disclose the Confidential Information to anyone in any manner whatsoever without the Disclosing Party's prior written consent, except as provided in paragraphs 5 and 6 below.
4. It is explicitly agreed that the identities of any individual or entity and any other third parties discussed and made available by the Disclosing Party in respect of the Purpose and any related business opportunity shall constitute Confidential Information and the Receiving Party shall not (without the written consent of the Disclosing Party);
(a) Directly or indirectly initiate, solicit, negotiate, contract or enter into any business transactions, agreements or undertakings with any such third party identified or introduced by the Disclosing Party;
(b) Seek to by-pass, compete, avoid or circumvent the Disclosing Party from any business opportunity that relates to the Purpose by utilizing that any Confidential Information or by otherwise exploiting or deriving any benefit from the Confidential Information.
5. The Receiving Party may disclose the Confidential Information without the Disclosing Party's prior written consent only to the extent that such information
(a) is already known or available to the Receiving Party or becomes known or available to the Receiving Party from a source other than the Disclosing Party and through no breach of this Agreement by the Receiving Party;
(b) is already in the public domain at the time of disclosure or becomes available to the public after the time of the disclosure through no breach of this Agreement by the Receiving Party,
(c) is subsequently independently received by the Receiving Party from the Disclosing Party for a purpose other than the Purpose, or which is received by the Receiving Party from others whom the Receiving Party reasonably believes did not themselves obtain it under an obligation of confidentiality;
(d) is required to be disclosed under applicable law or by any court or arbitrator of competent jurisdiction or any other regulatory or government authority or obligations of professional conduct; or
(e) is demonstrably independently developed in good faith by employees of the Receiving Party who did not have access to the Confidential Information.
6. The Receiving Party may also disclose the Confidential Information without the Disclosing Party's prior written consent to any directors, employees, officers, affiliates, or professional advisers of such Receiving Party, who need to know the Confidential Information for the Purpose and who shall be made aware in advance of the confidential nature thereof and shall be bound by the terms and conditions of this Agreement.
7. Either Party agrees not to make any written use of or reference to the company name, the trademarks of the other Party or the Purpose for any marketing, public relations, advertising or other business purpose without the prior written consent of the other Party.
Either Party shall not be permitted to give any form of publicity to-the Purpose or to maintain direct or -indirect contact with clients of the other Party without. its prior consent.
The other Party may condition such consent.
8. The Confidential Information provided by the Disclosing Party tor the Receiving Party shall be returned. to the Disclosing Party as soon as- reasonably practicable upon the Disclosing Party's written request, and the Receiving Party shall use its reasonable efforts to erase Confidential Information from any computer, word. processor or other device containing such information, provided that the Receiving Party shall be entitled to
retain such Confidential Information required to be retained so that the Receiving Party is in compliance. with its statutory or regulatory- obligations or for record keeping purposes, subject to a continuing obligation to hold and only use such Confidential Information in accordance with paragraphs 1, 2 and 3 above.
9. The Disclosing Party hereby represents and warrants that it is entitled. and in possession of the authority, to disclose the Confidential Information to the Receiving Party.
10. The obligations set forth in this Agreement shall terminate after five years after the date of this Agreement. The Agreement may be terminated prematurely by either Party at any time upon 30. (thirty) calendar days prior written notice to the other Party. For the avoidance of doubt: if the agreement is terminated prematurely (for whatever reason), the confidentiality obligations as set forth in this Agreement will remain in force for the
entire five-year period.
11. No amendments, changes or modifications to, or assignment of, this Agreement shall be valid unless they are agreed by the Parties in writing and signed by a duly authorized representative of each of the Parties hereto.
12. Without prejudice to any other rights or remedies which the Disclosing Party may have, the Disclosing Party shall be entitled to seek the remedies of injunction, damages, specific performance and other equitable relief for any threatened or actual breach of this Agreement.
13. No formal business organization or relationship of any kind is established or intended to be established by this Agreement itself or (solely) by any related document. Nothing contained in the Agreement or any related document shall be construed as creating any obligation or an expectation on the part of either Party to enter into a business relationship with the other Party (s) or with any third party, or an obligation to make any investment or pay any financial compensation whatsoever if discussions are ended by either Party for whatever reason at whatever moment. Nothing contained in the Agreement or any related document shall be construed as creating a joint venture, partnership or employment relationship between the Parties, it being understood that the Parties are independent contractors vis-a-vis one another. Except as specified herein, no Party shall have the right, power or implied authority to create any obligation or duty, express or implied, on behalf of any other Party hereto.
14. All Confidential Information disclosed or transferred by the Disclosing Party to the Receiving Party shall remain the sole property of the Disclosing Party. The Disclosing Party will provide all Confidential Information on an "as is" basis, without any warranty whatsoever, whether express, implied or otherwise, regarding its accuracy, completeness, non infringement of third party rights or otherwise. The Receiving Party shall make its own assessment of any such completeness, accuracy or suitability of the Confidential Information so received from the Disclosing Party.
15. This Agreement comprises the full and complete agreement of the Parties hereto with respect to the disclosure and use of the Confidential Information and supersedes and cancels all prior communications, understandings and agreements between the Parties hereto relating to the Confidential Information, whether written or verbal, express or implied.
16. No failure or delay on the part of the Disclosing Party in exercising any right, power or privilege conferred by this Agreement shall operate as a waiver of that right, power or privilege, or of this Agreement as a whole. No single, or partial exercise-of any right, power or privilege shall preclude any further exercise of that right, power or privilege.
17. If any obligation arising out of this Agreement shall tie, held , unenforceable -or illegal in whole or in part for whatever reason, the enforceability of the. rest of the obligations under this Agreement shall be unaffected.
18. This Agreement shall be governed by and interpreted in accordance with Dutch law and jurisprudence.
The Parties hereto - when appropriate- submit irrevocably to the exclusive jurisdiction of the District Court of Rotterdam, in respect of any claim, dispute or difference arising out of or in connection with this Agreement.
IN WITNESS WHEREOF, the duly authorized representatives of the Parties hereto have caused this Agreement to be executed on the date first above written.”