NIM NDA Standard
This Agreement is made effective as of this by and between E-mail: Wallet: (“Partner”) and NEW INTERNET MEDIA Holding Harju Mmaakond, Tallinn, Kesklinna Llinnaosa, Narva mnt 5, 10117 ( referred as “Company” or NIM).
WHEREAS, Partner and NIM are considering entering into a business arrangement; and
WHEREAS, Partner and NIM each desire to review and discuss certain proprietary and confidential information of the other party in connection with the analysis of potential business arrangements / a potential project relating to CopyrightCoins (the “Rightful Purpose”); and
WHEREAS, Partner and NIM each desire that all of its confidential and proprietary information revealed to the other party be subject to the confidentiality and non-disclosure restrictions imposed by this Agreement.
NOW, THEREFORE, in consideration of the covenants set forth herein, the parties, intending to be legally bound, agree as follows:
(a) it will hold the Confidential Information of the other party in the strictest confidence;
(b) it will exercise no less care with respect to the other party’s Confidential Information than the level of care exercised with respect to its own Confidential Information;
(c) it will not, without the other party’s prior written consent, copy or disclose to any third party any portion thereof;
(d) it will notify immediately the other party of any unauthorized disclosure or use, and will cooperate with the other to protect all proprietary rights in and ownership of its Confidential Information; and
(e) it will restrict the dissemination of the Confidential Information of the other party to only those persons within or related to its organization (directors, officers, employees, agents, contractors and advisors) who are directly involved and need to know such information for the Rightful Purpose, and who are bound by terms substantially similar to the terms set forth herein.
(a) is or becomes public domain information or material through no fault or breach on the part of the Receiving Party;
(b) as demonstrated by the written records of the Receiving Party, was already lawfully known (without restriction on disclosure) to the Receiving Party prior to the information being disclosed to the Receiving Party by the Disclosing Party or any representative of the Disclosing Party;
(c) has been or is hereafter rightfully furnished to the Receiving Party without restriction on disclosure by a third person lawfully in possession thereof;
(d) has been independently developed, by or for the Receiving Party, without reference to the Confidential Information of the Disclosing Party; or
(e) is requested or required to be disclosed, but only to the extent required, by court order of competent jurisdiction or any applicable judicial, governmental, supervisory, regulatory or self-regulatory body, or pursuant to applicable law, regulation or self-regulatory organization rules, provided that the Receiving Party notifies the Disclosing Party immediately after receipt of the request (or, in case this is prohibited by applicable law, as soon as legally allowed) so that the Disclosing Party may have a reasonable opportunity to obtain a protective order or another form of protection against disclosure. Notwithstanding any such compelled disclosure by the Receiving Party, such compelled disclosure will not otherwise affect the Receiving Party’s obligations hereunder with respect to Confidential Information, including customer and employee information, so disclosed.
It shall be presumed that any Confidential Information in the possession of the Receiving Party that has been disclosed to it by the Disclosing Party or any representative of the Disclosing Party is not within any of the exceptions above, and the burden is on the Receiving Party to prove otherwise by records and documentation.
(a) return or destroy, at the option of the requesting party, all originals and copies of all documents and materials it has received from the requesting party containing Confidential Information;
(b) deliver or destroy, at the option of the requesting party, all originals and copies of all summaries, records, descriptions, modifications, negatives, drawings, adoptions and other documents or materials, whether in writing or in machine-readable form, prepared by it or prepared under its direction or at its request from the documents and materials referred to in subparagraph (a); and
(c) provide a written statement to the requesting party certifying that all documents and materials referred to in subparagraphs (a) and (b) have been delivered to the requesting party or destroyed, as requested by the requesting party.
Notwithstanding the foregoing, the Receiving Party will be permitted to retain one copy of the Confidential Information for the purposes of and for so long as required by any legal or regulatory requirement, or for purposes of its internal or external compliance procedures, and Receiving Party will not be required to destroy or permanently erase any Confidential Information that forms part of an electronic back-up system which is not immediately retrievable as part of the day-to-day business; provided, that any Confidential Information retained pursuant to this provision shall remain subject to the obligations set forth in this Agreement which shall survive the expiration or termination of this Agreement.
Name: Thor Pettersen
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Signed by Thor Pettersen
Signed On: 06/05/2022
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Document Name: NIM NDA Standard
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