Case File
efta-01386994DOJ Data Set 10OtherEFTA01386994
Date
Unknown
Source
DOJ Data Set 10
Reference
efta-01386994
Pages
1
Persons
0
Integrity
Extracted Text (OCR)
Text extracted via OCR from the original document. May contain errors from the scanning process.
Vy Capital
NON-DISCLOSURE AGREEMENT
Effective Date: October 3, 2017
Participant Company: Vy Capkal fAanagement Company Limited
Participant Address: Emirates Financial Towers,
South Tower, Level 9, Office 9011902
DIFC, PO Box 506950, Dubai, UAE
This Non•Discicsure Agreement ("Agreement) is entered by and
between the undersigned and Vy Capital ("VyC") identified above
(each a "Party' aid together the "Parties'). In order to protect certain
Confidential Information as described below, the parties agree as
folows:
1. Disclosing Party: The Party disclosing the Confidential Information
(the "Discloser) is VyC.
2.Descrlotion
of
Confidential
Information:
"Confidential
Information" Is any information in whatever form or medium (and
includes any copies of such information that receiving Party
('Recipient') is authorized to make hereunder) that is: (a) proprietary
or confidential to Discloser or its affiliated companies or to their
respective customers, suppliers a other business partners, including
without limitation, information that Is embedded in or related to the
Discloser's product or the developMent, testing, or commercial
exploitation thereof, in whatever form or media; (b) is either specifically
identified as confidential prior to or at the time of its disclosure or would
generally be considered confidential by the Recipient, exercising
reasonable judgment and (c) directly or indirectly disclosed or to which
the Recipient Is otherwise provided access by Discloser or on
Discloser's behalf. For the purposes of clarification, in relation to any
discussions relating to patent rights, any prior art identified by
Discloser as a result of Discloser expending time and/or money shall
constitute Confidential Information and may be used, reproduced or
olsclosed only as specifically provided herein.
3. Purpose: in this Agreement, "Purpose" means: (i) assessing the
desirability or viability of establishing or furthering a business
contractual relationship between the Parties, and (IF) to the extent this
Agreement is incorporated by reference into any other agreement,
achieving the objectives of that agreement.
4. Use, Disclosure, and Reproduction. Except as specifically
provided herein, Recipient shall hold Confidential Information in strict
confidence. Recipient shall use and reproduce the Confidential
Information only to the extantreasonably required to fulfill the Purpose.
It shall not be a breach of the obligations of the Recipient if the
Recipient provides access to Confidential Information to, and
authorizes the use and reproduction of the Confidential Information as
is reasonable required to fulfill the Purpose by the Recipient's
employees ("Employees"), provided that Recipient is vicariously liable
for the failure of any Employee to whom Confidential Information is
disclosed to comply with Recipient's obligations hereunder and further
provided that the Employee: (i) has a need to know the Confidential
Information to fulfill the Purpose and (i) is clearly informed by
Recipient of the confidential nature of Confidential Information.
Recipient may also disclose Confidential Information if and only to the
Went 9) it is required to do so by law, provided that Recipient gives
Discloser sufficient notice to enable it to seek an order limiting or
precluding such disclosure, and/or in any event only disclose the exact
Confidential Information, or portion thereof, specifically requested; or
(ii) Discloser gives its prior written authorization to do so which is
signed by an officer of the Discloser. Recipient agrees that except to
the extent that the Discloser is expressly precluded by law from
prohibiting Recipient from doing so, Recipient shall not alter, modify,
adapt, create derivative works, translate, deface, decomptle,
disassemble, convert Into human readable form, or reverse engineer
all, or any part; of any materials to which it is provided access by
Discloser.
5. Confidentiality Period: Recipient's duties with respect to
Confidential Information under this Agreement shall continue for two
(2) years from the expiration or termination of this Agreement for any
reason (except for source code and trade secrets, which shall remain
subject to the terms of this Agreement so long as they constitute
source code or trade secrets under applicable law).
6. Standard of Care: Recipient shall treat Confidential Information as
strictly confidential, and shall use the same standard of care to prevent
unauthorized use, reproduction, or disclosure as the Recipient uses to
protect its own confidential and proprietary information of a similar
nature, but in no event less than reasonable care.
7. gxclusions: Information that Recipient can establish: (a) was
lawfully in Recipient's possession before receipt from Discloser; or (b)
is or becomes a matter of public knowledge through no fault of
Recipient; or (c) was independently developed or discovered by
Recipient without the benefit of any Confidential Information of the
Disclosing Party, shall not be considered Confidential Information
under this Agreement
8. Warranty: ThisAgreement shall not obligate either Party to disclose
any Confidential Information with the other Party. Discloser makes no
representation, warranty or guarantee whatsoever about the
Confidential Information.
9. Ownership: The Recipient hereby acknowledges and agrees that
it shall not acquire any rights in or to the Confidential Information under
this Agreement other than the rights waited in Paragraph 4. In
particular, Recipient shall not acquire any ownership right, interest, or
title in or to the Confidential Information or any Intellectual property
rights therein or the right to obtain or apply for such rights under the
Agreement Nothing contained herein shall be construed as obligating
either Party to (i) disclose any Confidential Information to the other or
(il) enter into a business relationship with the other.
10. fights and Remedies:. Recipient further acknowledges and
agrees that due to the unique nature of the Disclosing Party's
Confidential Information, there can be no adequate remedy at law for
any breach of its obligations hereunder, that any such breach may
allow the Recipient or third parties to unfairly compete with the
Disclosing Party resulting in irreparable harm to the Disclosing Party
and, therefore, that upon any such breach or any threat thereof, the
Disclosing Party shall be entitled to seek injunctive relief under this
Agreement, without the necessity of proving actual damages or
posting bonds, in addition to any other relief as may be granted by a
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
CONFIDENTIAL
DB-SDNY-0088981
SDNY_GM 00235165
EFTA01386994
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