NON-DISCLOSURE NON-COMPETITION AGREEMENT Deed Exchange, inc. NO: (51-10208)
Important Please read this agreement and press the appropriate button at the bottom of this page
RECIPROCAL
In
order to protect Trade Secrets, Confidential and Proprietary
Information and Patents Pending Information; You shall only be
allowed to enter this Web Site by agreeing to all of the
following terms and conditions for access:
1. Effective Date: The effective date of this Agreement shall be
March 19, 2008
.
2. The Confidential Information disclosed
under this Agreement is trade secrets of
WorldVest Corporation described as: Deed Exchange Internet Real Estate
marketing and business structure, which is Copyrighted, Trademarked.
Technical and business information regarding the Buying, Selling and
Trading of Deeded Interest Real Estate Properties around the world,
Business Plan, Business Structure and Business Financial Structure
which are Copyrighted, Trademarked, Patents Pending.
Only for the purpose of acquiring
Investment and/or Venture Capital, and/or the Licensing, Purchase
or Partnerships with WorldVest Corporation, membership; Deed Exchange
membership; Associate membership; or bidding for contracts; Underwriters.
The party receiving these Trade Secrets and Confidential information
(Recipient) shall make use of Confidential Information only for the
forgoing purpose and shall not be used to structure all or any part
of a business or compete in any manner with Deed Exchange or WorldVest Corporation.
4. Agreement Period:
This Agreement controls all Trade Secret and Confidential Information, which is disclosed from March 19, 2008 through July 15,, 2022.
5. Confidentiality Secret Period:
Recipient shall have the duty to protect all Confidential, Trade Secrets and Patents Pending Information, which shall not expires prior to July 15, 2032.
6. Standard of Care: I _______________________________ the Recipient shall: (a) treat these Trade Secrets and Confidential Information herein as strictly Secret and Confidential; (b) shall not divulge the herein Secret and Confidential information, directly or indirectly, to any other person, firm, corporation, association, or entity, for any purpose whatsoever; (c) not make uses of any part of these Secrets and Confidential Information without prior written consent of WorldVest Corporation. The Secret and/or Confidential Information may be disclosed only to the employees or consultants of the Recipient who reasonably require access to such information for the purpose for which it was disclosed and who have secrecy obligations to the Recipient.
7. All information verbal or written provided to Recipient including that within the Web Site is TRADE SECRETS and CONFIDENTIAL information, which is subject to the terms and conditions of this Agreement. 7a. Each party entering this Web Site shall have guaranteed to not compete or use the information herein for any reason other than stated in paragraph 3, and the Recipient, by entering the Secret and Confidential area of this web site, the Recipient shall have agreed to the herein terms and warrants to WorldVest Corporation that he or she shall not pass on any information about the business or its structure. 7b. Each party agreeing to this agreement shall have the responsibility under this Agreement for any oral or visual disclosures, as to information designated as confidential at the time of oral or visual disclosure and the obligations set forth herein shall restrict or impair the right of the Recipient to disclose or use any information.
8. Upon request of the disclosing party, any written information subject to this Agreement shall be returned to the disclosing party. The obligations of the Confidentiality period and Standard of Care sections herein survive the return or destruction of the Confidential Information during the Confidentiality Period.
9. Except as provided herein, no right or license whatsoever, either express or implied, is granted to the Recipient, pursuant to this Agreement. All information herein is considered Trade Secret and may be covered under filed patents. All information herein is copyrighted, and/or by other proprietary rights now or hereafter is owned or controlled by WorldVest Corporation.
10. Recipient agrees that WorldVest Corporation owns all inventions or works of authorship derived from this Secret and Confidential Information, and further agrees to protect the intellectual property embodied in said inventions and works of authorship.
11. Each party agrees that the Trade Secret and Confidential Information is subject to the Export Laws and Regulations of the United States and shall not export, re-export or transfer, directly or indirectly, such information to Country Groups D1, E1, E2 and Iran and Syria or any other country hereafter restricted by WorldVest Corporation and the U.S. Government, without first obtaining U.S. government and/or WorldVest Corporation written approval. Each party agrees not to write down or copy or print or save any information, documents of this business or any other thing from this Web Site.
12. This agreement will be governed under the laws of the State of Delaware without regards to its conflict laws principles. Any dispute under this agreement shall be resolved by a court of proper jurisdiction of the State of Delaware.
13. Any breach of Recipient covenants, warranties, guarantees, of this agreement to not divulge any Secrets or Confidential information, directly or indirectly, to any other person, firm, corporation, association, and to not compete or use the information herein for any reason other than stated herein, shall be considered as a breach of this Contract. IN WITNESS HEREOF, the Recipient acknowledge that he/she fully understands and agrees to the covenants contained herein, agrees and warrants to the terms, liquidated and punitive damages of any breach of this agreement, and agrees and warrants that damages shall not be dischargeable by any bankruptcy, and, that have read the written document, understand its terms and conditions and have executed the same. A copy of this agreement was provided to Recipient.
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home address:
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address: ______________________________________
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Sign Here X_____________________________________ Dated ___________________
IN WITNESS HEREOF, the Recipient acknowledge that he/she fully understands and agrees to the covenants contained herein, agrees and warrants to the terms, liquidated and punitive damages of any breach of this agreement, and, that have read the written document, understand its terms and conditions and have executed the same by pressing the YES I AGREE therein contained. A copy of this agreement was provided by Recipient
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