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Ontario Inc. 1452946 (39 Medical Center)
NON-DISCLOSURE AGREEMENT
EFFECTIVE DATE: September 1, 2021
DISCLOSING PARTY
Ontario Inc. 1452946 (39 Medical Center)
170 Esna Park Dr. Unit 1, Markham, Ontario, Canada L3R1E3
("39 MEDICAL)
RECIVING PARTY
The readers of the Project Presentation
(READER)
39 MEDICAL intends to disclose confidential information to the
readers of the project presentation sole for
the purpose of enabling the reader to understand and evaluate the
proposal:
An Integrated TCM Enterprise and A Global TCM Distance Medical Consultation
Platform"(一個完整及全面性的<中醫藥產業>發展計劃
聯同一個創新的全球遙距中醫平台計劃)
with a view to acquiring/investing into 39 MEDICAL or becoming a
business partner (e.g. franchisee, purchaser, supplier, contractor,
etc.) or consultant or employee of 39 MEDICAL.
The subject of the Confidential Information is:
Any information contained in the project presentation including
without limitation, all information, data, drawings, materials,
tools or apparatus, trade secrets, business relations, business
connections, business plans, business projects and personal information,
product information and financial information related to 39 MEDICAL
or its personnel.
This Agreement regarding Confidential Information shall have perpetual
effect.
The reader agrees that the following terms and conditions will govern
the disclosure of confidential information
1. Receiving Party shall not disclose any Confidential Information
to third parties for at least three (3) years following the date
of receipt , except as otherwise provided below. However, Receiving
Party may disclose Confidential Information in accordance with judicial
or other governmental order, provided Receiving Party shall give
Disclosing Party reasonable notice prior to such disclosure and
shall comply with any applicable protective order or equivalent.
2. Receiving Party shall take reasonable security precautions, at
least as great as the precautions it takes to protect its own confidential
information, to keep confidential the Confidential Information and
prevent it from unauthorized disclosure. Receiving Party may disclose
Confidential Information only to Receiving Party's employees or
consultants on a need-to-know basis, and will have executed or shall
execute appropriate written agreements with its employees and consultants
sufficient to enable it to comply with all the provisions of this
Agreement.
3. Confidential Information may be disclosed, reproduced, summarized
or distributed only in pursuance of Receiving Party's business relationship
with Disclosing Party, and only as otherwise provided hereunder.
4. Receiving Party shall notify Disclosing Party immediately upon
discovery of any unauthorized use or disclosure of Confidential
Information, or any other breach of this Agreement by Receiving
Party, and will cooperate with Disclosing Party in every reasonable
way to help Disclosing Party regain possession of the Confidential
Information and prevent its further unauthorized use.
5. Receiving Party shall return all originals, copies, reproductions
and summaries of Confidential Information at Disclosing Party's
request, or at Disclosing Party's option, such as certified destruction
of the same.
6. All Confidential Information is and shall remain the property
of Disclosing Party. By disclosing information to Receiving Party,
Disclosing Party does not grant ally express or implied right to
Receiving Party to Disclosing Party's patents, copyrights, trademarks,
or trade secret information.
7. The terms of confidentiality under this Agreement shall not be
construed to limit either party's right to independently develop
or acquire products without use of the other party's Confidential
Information.
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