Mutual Confidentiality Agreement - InterTrust Technologies Corp. and Koninklijke Philips Electronics NV
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DEFINITION OF CONFIDENTIAL INFORMATION. The parties acknowledge that the terms and conditions of this Confidentiality Agreement, the existence of the discussions between Company and InterTrust and other information disclosed, as set forth below, will be considered confidential (Confidential Information); provided that information disclosed by the disclosing party (Discloser) will be considered Confidential Information by the receiving party (Recipient), only if such information is conspicuously marked as Confidential if communicated in writing, or if communicated orally, identified as Confidential at time of disclosure. If the Discloser fails to mark or identify disclosed Confidential Information as Confidential, the Recipient shall be responsible for protecting such disclosures in accordance with this Agreement from the date of receipt of written notice by the Discloser identifying the disclosure as Confidential and requesting that such disclosure be treated as Confidential Information under this Agreement. Confidential Information shall not include information that (a) is at the time of disclosure, or subsequently becomes, generally available to the public through no fault or breach on the part of Recipient, as of the date such information becomes generally available; (b) Recipient can demonstrate to have had rightfully in its possession prior to disclosure to Recipient by Discloser; (c) is independently developed by Recipient without the use of any Confidential Information; or (d) Recipient rightfully obtains from a third party who has the right to transfer or disclose it. Confidential Information generally relates to each partys respective business, strategies, technologies, intellectual property, and related information. |
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NON-DISCLOSURE AND NON-USE OF CONFIDENTIAL INFORMATION. |
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OWNERSHIP OF CONFIDENTIAL INFORMATION. All Confidential Information remains the property of Discloser and no license or other rights to Confidential Information is granted or implied hereby. |
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TERM. Unless earlier terminated by either party in writing, this Agreement shall expire December 31, 2002. Recipients duty to protect Disclosers Confidential Information shall survive expiration or termination of this Agreement and shall expire three (3) years from the date of disclosure of such Confidential Information. |
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INDEPENDENT DEVELOPMENT. Discloser understands that Recipient may currently or in the future be developing information internally, or receiving information from other parties that may be similar to Disclosers information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Recipient will not develop products, or have products developed for it, that, without violation of this Agreement, compete with the products or systems contemplated by Disclosers Confidential Information. |
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NO WARRANTY. Discloser warrants that it has the right to disclose the Confidential Information to Recipient. Otherwise, all information is provided AS IS and without any warranty, express, implied or otherwise, regarding its accuracy or performance, or the fitness of the information for a particular purpose. |
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RETURN OF TANGIBLE INFORMATION. Recipient will return any and all tangible Confidential Information provided to it by Discloser, including but not limited to all computer programs, documentation, notes, plans, drawings, and copies thereof, to Discloser immediately upon Disclosers written request, provided, however, Recipient shall destroy such information if and to the extent it has been been incorporated with Confidential Information of Recipient. |
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NO EXPORT. Recipient certifies that no Confidential Information, or any portion thereof, will be exported to any country in violation of the United States Export Administration Act and regulations thereunder. |
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ENTIRE AGREEMENT AND GOVERNING LAW. This Agreement constitutes the entire agreement with respect to the Confidential Information disclosed herein and in connection herewith and supersedes all prior or contemporaneous oral or written agreements concerning such Confidential Information. This Agreement may not be amended except by the written agreement signed by authorized representatives of both parties. This Agreement will be governed by and construed in accordance with the laws of the State of California, excluding that body of law relating to conflict of laws. The parties to this Agreement hereby consent to jurisdiction and venue in the Courts of the State of California and in the U.S. District Courts in the City of San Jose, California. |
For: InterTrust Technologies Corporation
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For: Koninklijke Philips Electronics N.V.
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/s/ Patrick Nguyen 07/08/02 |
/s/ Ivo P.J. Verheijden 07/08/02 | |||||||
By: (Signature) Date |
By (Signature) Date | |||||||
Patrick Nguyen, Executive Vice President |
Ivo P.J. Verheijden, Associate General Counsel | |||||||
Printed Name and Title |
Printed Name and Title |