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4) The Receiving party shall hold and maintain the
confidential information of the Disclosing party in
strictest confidence for the sole and exclusive benefit of
the Disclosing party. The Receiving party shall carefully
restrict access to any such confidential information to
persons bound by this agreement, only on a need-to-know
basis. The Receiving party shall not, without prior
written approval of the Disclosing party, use for the
Receiving party’s own benefit, publish, copyright, patent,
trademark, trade secrets or otherwise disclose to others,
or permit the use by others for their benefit or to the
detriment of the Disclosing party, any of the confidential
information learned with respect to the web sites
discussed.. The Receiving party shall return to Disclosing
party all records, notes, and other written, printed, or
tangible materials in their possession pertaining to the
confidential information, within five (5) days on the
written request of Disclosing party and/or resignation of
Receiving party regardless of professional or personal
decisions. Further, Receiving party will discontinue all
further use or disclosure thereof.
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Disclosing Party; (4) involve the use of Disclosing party's
equipment, supplies, facilities or trade secrets; (5)
result from or are suggested by any work done by Disclosing
party or at Disclosing party's request, or any projects
specifically assigned to Receiving party; or (6) result
from Receiving party’s access to any of Disclosing party's
memoranda, notes, records, drawings, software, web site
information, sketches, models, maps, customer lists,
research results, data, formulae, specifications,
inventions, processes, equipment or other materials
(collectively, “Disclosing party information and
materials”).
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party as to the web sites the Disclosing party intends to
launch and operate.
The term "not compete" as used herein shall mean that the
Receiving party shall not own, manage, operate, consult or
be employed in a business substantially similar to, or
competitive with, in any way to the present and anticipated
business of the Disclosing party as written and disclosed
above.
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future employees that work on related projects and become
associated and informed with Disclosing party information.
The prevailing party shall have the right to collect from
the other party its reasonable court costs and attorney’s
fees, incurred in enforcing this agreement, from prior
investigations. Any such arbitration hearing shall include
a written transcript of the proceedings and a written
explanation for any final determination. This agreement
expresses the complete understanding of the parties with
respect to the subject matter and supersedes all prior
proposals, verbal and written agreements, representations
and understandings. This agreement and each party’s
obligations shall be binding on the representatives and
successors. Each party has signed the agreement through
its authorized representative.
______________________________ __VAL
SKLAROV_______________
Print Name President of
Kinetoscope Media, Inc.
______________________________
______________________________
Signature Date Signature
Date
_______________________________
_______________________________
Address
_______________________________
City State
Zip
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Phone