Confidentiality Essay

776 words - 4 pages

CONFIDENTIALITY AGREEMENT

This CONFIDENTIALITY AGREEMENT ("Agreement") is made on the 21st May of 2012.

BETWEEN

STA PHARMA LIMITED, hereinafter referred to as ‘The Company’ (which expression shall unless excluded by or repugnant to the context mean and include its successors-in-interest, legal representatives, executors, administrators and assignees) of the FIRST PART.

AND INVESTMENTS LIMITED, hereinafter referred to as ‘FINANCIAL CONSULTANT’ (which expression shall unless excluded by or repugnant to the context mean and include their heirs, successors-in-interest, legal representatives, executors, administrators and assignees) of the SECOND PART.

WHEREAS Nuvista Pharma ...view middle of the document...

The information furnished by The Company to The Financial Consultant and vice versa is hereinafter referred to as "Confidential Information" and such Confidential Information shall belong to the respective party furnishing the same (through one or more of its Representatives) and shall be treated as Confidential Information as provided herein;

The term "Confidential Information" shall not include information which was or becomes generally available to the public other than as a result of a disclosure by either of the parties or its affiliates, agents or advisors including, without limitation, attorneys, accountants, bankers and financial advisors (collectively “Affiliates”).

Use of Confidential Information

Either of the parties shall not use any Confidential Information for its own use or for any purpose other than for the divestment purposes of the first party.

Either of the parties hall not at any time hereafter use or divulge or communicate to any third party other than the potential acquirer any Confidential Information (unless as may be required by law) which may come to its knowledge and it shall use its best efforts to prevent the publication or disclosure of any Confidential Information concerning such matters;
Either of the parties shall surrender all documents and copies in its possession in relation to the other party upon request.

Tenure

This Agreement shall be effective, enforceable and binding on both the parties for 2 (two) years from the date of...

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