Materials contained within this web site are private and confidnetial and between YOU and FECNetwork (648494 B.C. LTD). The parties will be exchanging certain confidential information in order to discuss a possible business relationship, and if such relationship is entered, to carry out its purpose. The parties are willing to proceed with such discussions on the basis of receiving the assurances set forth below, and therefore each agrees as follows:
Each party shall not disclose confidential information received from the other party (""Confidential Information""), and shall refrain from using the Confidential Information in a manner adverse to the discloser of such information. Each party shall take all reasonable precautions to safeguard the confidentiality of the Confidential Information, and in any event to protect against the disclosure of Confidential Information to the same extent and taking the same precautions as such party takes with respect to its own confidential or proprietary information of a similar nature. No right or license in or to any of the Confidential Information is granted by virtue of disclosure of such Confidential Information.
The receiving party may disclose Confidential Information to its directors, officers, employees, financial advisors, legal counsel and independent certified public accountants (collectively, ""Representatives""), if and only to the extent such Representatives may reasonably require access to the Confidential Information for the purposes hereof, provided that the Representatives shall be informed of the confidential nature of the information and shall be required to be bound by the terms of this Agreement. Upon written request the parties will promptly return all writings, documents and materials containing Confidential Information or certify as to the destruction of the same.
The restrictions imposed under this Agreement shall not apply to any item of information that (i) is publicly known at the time of its disclosure, (ii) is lawfully received from a third party not bound in a confidential relationship to the other party, (iii) is published or otherwise made known to the public by the other party, (iv) was generated independently by the receiving party or (v) disclosure of which is required by law, regulation or order of a court of competent jurisdiction.
The existence of this Agreement and the fact of the discussions and negotiations between the parties, shall be treated and regarded by each of the parties as Confidential Information subject to the obligations set forth above. Without limiting the foregoing, neither party shall make any public announcement or disclosure with respect to any business relationship between them, without the express, prior approval of the other party.
Nothing in this Agreement shall obligate the parties to negotiate or enter into a binding agreement and the parties do not make or give any undertaking, commitment or assurance that either will enter into such an agreement. Any such business relationship will require a separate agreement negotiated and entered into upon mutually satisfactory terms and conditions.
This Agreement shall cover disclosures between the parties occurring within one year of the date of this Agreement, and contains all the terms agreed by the parties regarding its subject matter, superseding any prior agreements, understandings or arrangements between them, whether oral or written. This Agreement shall be governed by the laws of British Columbia, and shall be specifically enforceable without the necessity of proving actual damages. The failure of either party to enforce any term hereof shall not be deemed a waiver of any rights contained herein. By clicking ACCEPT you acknowledge an agree with the above.
648494 B.C. Ltd
50 Hett Creek Drive
Suite #14 Address:
Port Moody, BC