Mako Services, Inc. Confidentiality Agreement
It is understood and agreed to that Mako Services, Inc. and the Client/Vendor would like to exchange certain information that may be considered confidential. To ensure the protection of such information and in consideration of the agreement to exchange said information, the parties agree as follows:
1. The confidential information to be disclosed by Mako Services, Inc. under this Agreement (”Confidential Information”) can be described as and includes:
Technical and business information relating to Mako Services, Inc.’s proprietary ideas, patentable ideas copyrights and/or trade secrets, existing and/or contemplated products and services, software, schematics, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure.
In addition to the above, Confidential Information shall also include, and the Client/Vendor shall have a duty to protect, other confidential and/or sensitive information which is (a) disclosed by Mako Services, Inc. in writing and marked as confidential (or with other similar designation) at the time of disclosure; and/or (b) disclosed by Mako Services, Inc. in any other manner and identified as confidential at the time of disclosure and is also summarized and designated as confidential in a written memorandum delivered to Client/Vendor within thirty (30) days of the disclosure.
2. Client/Vendor shall use the Confidential Information only for the purpose of evaluating potential business and investment relationships with Mako Services, Inc.
3. Client/Vendor shall limit disclosure of Confidential Information within its own organization to its directors, officers, partners, members and/or employees having a need to know and shall not disclose Confidential Information to any third party (whether an individual, corporation, or other entity) without the prior written consent of Mako Services, Inc. Client/Vendor shall have satisfied its obligations under this paragraph if it takes affirmative measures to ensure compliance with these confidentiality obligations by its employees, agents, consultants and others who are permitted access to or use of the Confidential Information.
4. This Agreement imposes no obligation upon Client/Vendor with respect to any Confidential Information (a) that was in Client’s/Vendor’s possession before receipt from Mako Services, Inc.; (b) is or becomes a matter of public knowledge through no fault of Client/Vendor; (c) is rightfully received by Client/Vendor from a third party not owing a duty of confidentiality to the Mako Services, Inc.; (d) is disclosed without a duty of confidentiality to a third party by, or with the authorization of Mako Services, Inc.; or (e) is independently developed by Client/Vendor.
5. Mako Services, Inc. warrants that he/she has the right to make the disclosures under this Agreement.
6. This Agreement shall not be construed as creating, conveying, transferring, granting or conferring upon the Client/Vendor any rights, license or authority in or to the information exchanged, except the limited right to use Confidential Information specified in paragraph 2. Furthermore and specifically, no license or conveyance of any intellectual property rights is granted or implied by this Agreement.
7. Neither party has an obligation under this Agreement to purchase any service, goods, or intangibles from the other party. Mako Services, Inc. may, at its sole discretion, using its own information, offer such products and/or services for sale and modify them or discontinue sale at any time. Furthermore, both parties acknowledge and agree that the exchange of information under this Agreement shall not commit or bind either party to any present or future contractual relationship (except as specifically stated herein), nor shall the exchange of information be construed as an inducement to act or not to act in any given manner.
8. Neither party shall be liable to the other in any manner whatsoever for any decisions, obligations, costs or expenses incurred, changes in business practices, plans, organization, products, services, or otherwise, based on either party’s decision to use or rely on any information exchanged under this Agreement.
9. If there is a breach or threatened breach of any provision of this Agreement, it is agreed and understood that Mako Services, Inc. shall have no adequate remedy in money or other damages and accordingly shall be entitled to handle the situation as Mako Services, Inc. deems necessary by any means in which Mako Services, Inc. deems necessary.
10. This Agreement states the entire agreement between the parties concerning the disclosure of Confidential Information and supersedes any prior agreements, understandings, or representations with respect thereto. Any addition or modification to this Agreement must be made in writing and signed by authorized representatives of both parties. This Agreement is made under and shall be construed according to the laws of the State of New York, U.S.A. In the event that this agreement is breached, any and all disputes must be settled quickly and discreetly in the manner deemed appropriate by Mako Services, Inc.
11. If any of the provisions of this Agreement are found to be unenforceable, the remainder shall be enforced as fully as possible by a Mako Services, Inc. employee known as Elimination Consultant.
WHEREFORE, the parties acknowledge that they have read and understand this Agreement and voluntarily accept the duties and obligations set forth herein.
Client/Vendor
Name (Print or Type):
Company:
Title:
Address:
City, State & Zip:
Signature:
Date:
Mako Services, Inc.
Name (Print of Type):
Title:
Signature:
Date:
This document may be altered to reflect the nature of your relationship with Mako Services, Inc. You can receive a hard copy of this agreement by sending an email with this request. Be sure to include your contact information.
