In connection with the existing and/or proposed business relationship, Ilana Robyn Foods Ltd. (“Company”)
has allowed you (“Name”) access, or may allow you access, to business, technical, process, internal or other
information, materials and/or ideas (“Proprietary Information,” which term shall include, without
limitation, anything you learn or discover as a result of exposure to or analysis of any Proprietary
Information).
In consideration of any disclosure and any negotiations concerning the proposed business relationship, you
agree as follows:
- You will hold in confidence and will not possess or use (except as required to evaluate/complete the
proposed/existing business relationship) or disclose any Proprietary Information except information you
can document (a) is in the public domain through no fault of yours, (b) was properly known to you,
without restriction, prior to disclosure by Company or (c) was properly disclosed to you by another
person without restriction. You will not reverse engineer or attempt to derive the composition or
underlying information, structure or ideas of any Proprietary Information. The foregoing does not grant
you a license in or to any of the Proprietary Information.
- If you decide not to proceed with the proposed business relationship or if asked by Company, you will
promptly return all Proprietary Information and all copies, extracts and other objects or items in which
Proprietary Information may be contained or embodied.
- You will promptly notify Company of any unauthorized release, disclosure or use of Proprietary
Information.
- You understand that this Agreement does not obligate Company to disclose any information or negotiate or
enter into any agreement or relationship. You will strictly abide by any and all instructions and
restrictions provided by Company from time to time with respect to Proprietary Information or Company
systems. You will ensure the security of any facilities, machines, accounts, passwords and methods you
use to store any Proprietary Information or to access Company systems and ensure that no other person
has or obtains access thereto.
- The terms of this Agreement will remain in effect with respect to any particular Proprietary Information
until you can document that such Proprietary Information falls into one of the exceptions stated in
Paragraph 1 above.
- You acknowledge and agree that due to the unique nature of the Proprietary Information, any breach of
this agreement would cause irreparable harm to Company for which damages are not an adequate remedy, and
that Company shall therefore be entitled to equitable relief in addition to all other remedies available
at law.
- This Agreement is personal to you, is nonassignable by you, is governed by the internal laws of the
Province of Ontario and may be modified or waived only in writing signed by both parties. If any
provision of this Agreement is found to be unenforceable, such provision will be limited or deleted to
the minimum extent necessary so that the remaining terms remain in full force and effect. The prevailing
party in any dispute or legal action regarding the subject matter of this Agreement shall be entitled to
recover attorneys’ fees and costs.