Thank you for agreeing to participate in the pre-launch testing of the Movement of 10K (MVMT10K) digital platform.
Please indicate that you agree to the following terms before becoming one of the MVMT10K’s very first Movers.
In consideration of the opportunity to participate in the pre-launch testing, you must agree to the terms of this Nondisclosure Agreement with Central Indiana Community Foundation, Inc. and The Indianapolis Foundation, Inc. (collectively, the “Disclosing Party”), for the purpose of preventing the unauthorized disclosure by you (the “Receiving Party”) of Confidential Information as defined below. You are hereby agreeing to enter into a confidential relationship with respect to the disclosure of certain proprietary and confidential information. If you do not agree to the terms of this Nondisclosure Agreement, you should immediately notify the Disclosing Party and not use the MVMT10K digital platform.
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Definition of Confidential Information. For purposes of this Agreement, "Confidential Information" shall include all information or material that has or could have commercial value or other utility in the business in which Disclosing Party is engaged.
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Exclusions from Confidential Information. Receiving Party's obligations under this Agreement do not extend to information that is: (a) publicly known at the time of disclosure or subsequently becomes publicly known through no fault of the Receiving Party; (b) discovered or created by the Receiving Party before disclosure by Disclosing Party; (c) learned by the Receiving Party through legitimate means other than from the Disclosing Party or Disclosing Party's representatives; or (d) is disclosed by Receiving Party with Disclosing Party's prior written approval.
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Obligations of Receiving Party. Receiving Party shall hold and maintain the Confidential Information in strictest confidence for the sole and exclusive benefit of the Disclosing Party. Receiving Party shall carefully restrict access to Confidential Information to employees, contractors, and third parties as is reasonably required and shall require those persons to sign nondisclosure restrictions at least as protective as those in this Agreement. Receiving Party shall not, without prior written approval of Disclosing Party, use for Receiving Party's own benefit, publish, copy, or otherwise disclose to others, or permit the use by others for their benefit or to the detriment of Disclosing Party, any Confidential Information. Receiving Party shall return to Disclosing Party any and all records, notes, and other written, printed, or tangible materials in its possession pertaining to Confidential Information immediately if Disclosing Party requests it in writing.
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Time Periods. The nondisclosure provisions of this Agreement shall expire upon the public launch of the Movement of 10K Digital Platform.
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Relationships. Nothing contained in this Agreement shall be deemed to constitute either party a partner, joint venturer or employee of the other party for any purpose.
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Severability. If a court finds any provision of this Agreement invalid or unenforceable, the remainder of this Agreement shall be interpreted so as best to effect the intent of the parties.
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Integration. This Agreement expresses the complete understanding of the parties with respect to the subject matter and supersedes all prior proposals, agreements, representations, and understandings. This Agreement may not be amended except in a writing signed by both parties.
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Waiver. The failure to exercise any right provided in this Agreement shall not be a waiver of prior or subsequent rights.