Non-Disclosure_Agreement

Non-Disclosure Agreement In consideration of disclosure of information to be made between …………………………………………….. ………………………………… (“Party A”) and ……………………………………………....……………………………..…. (“Party B”) for the purpose of reviewing the corporate and/or other information by Party B for it to make decision whether to invest in the investment proposals provided by Party A. It is agreed that, other than for the Purpose, such information shall be confidential, and that the information shall not be used nor disclosed to others without first obtaining written permission for a time period of five years (5) from the last date of signature below. In addition, it is further agreed by the recipient that such information shall not be used for the purposes of disclosing, competing, or circumventing, by any person against the provider, or interest of the provider, of such information. . IDENTIFYING CONFIDENTIAL INFORMATION All information which bears an appropriate legend, such as “Confidential”, and all oral information, data, figures, projections, presentations, prices, business methods, estimates, customer lists, tax records, personnel histories, accounting procedures, security methods, licensing, future plans, etc. are presumptively confidential. This also covers additional matters in respect of which the parties or any of them may discuss or reveal in the future, which are clearly identified as confidential. ENFORCEMENT Due to the vital importance of confidential information to Party A, the undersigned parties agree that Party A is entitled to enforce this agreement by obtaining an injunction to enjoin and restrain the disclosure, circumvention, or competition with the use of such information without the express authorisation in writing of Party A. This agreement is governed by and construed in accordance with the laws of the State of New South Wales in Australia. DAMAGES AN INADEQUATE REMEDY The parties acknowledge and accept that Party A will suffer substantial financial and other loss and damage if the Confidential Information is disclosed to any other person or used for any other purpose than for the Purpose and that monetary damages are an insufficient remedy. The parties acknowledge and accept that, in addition to any other remedy that may be available at law or in equity, a party not in breach of this agreement is entitled to injunctive relief to prevent a breach by another party and to compel specific performance of this agreement. DECISION BY THE RECIPEINT NOT TO PROCEED The obligations imposed by this agreement will continue notwithstanding that the Purpose has concluded or been terminated or either party informs the other party that it does not wish to continue with the Purpose. If the Purpose is concluded or is terminated or a party informs the other party that it does not wish to continue with the Purpose, the Recipient is required to return immediately all Confidential Information owned by Party A that is within the Recipient’s power, possession or control. Name: Title: Signature: Date: Name: Title: Signature: Date: