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This agreement
is made as of the ___________ day of ________________,200_, by
and between: Scientific Production Inc. located in Burleson, Texas
and (YOUR FIRST AND LAST
NAME)____________________________________ Investor located in(YOUR
CITY)__________________ , (YOUR
STATE)_______________________.
This Agreement shall govern
the conditions of disclosure by Scientific Production Inc.to Investor(YOUR FIRST AND LAST
NAME)_____________________________.
of certain "Confidential Information" including but not limited to
prototypes, drawings, data, trade secrets and intellectual property
relating to the "Patent Pending" invention named
"Electromagnetic Enhanced Oil Recovery" invented by
Scientific Production
Inc.
With
regard to the Confidential Information, Investor(YOUR FIRST AND
LAST NAME)______________________________________. hereby agrees:
1. Not to use the
information therein except for evaluating its interest in entering a
business relationship with Scientific Production Inc,, based on the invention.
2. To
safeguard the information against disclosure to others with the same
degree of care as exercised with its own information of a similar
nature.
3. Not to disclose the information to others,
without the express written permission of Scientific Production Inc., except that:
a. which Investor
(YOUR FIRST AND LAST
NAME)________________________________________________________. can demonstrate by written records was
previously known;
b. which are now, or become in the future,
public knowledge other than through acts or omissions of
Investor(YOUR FIRST AND LAST
NAME)__________________________________________________.;
c. which are lawfully obtained by
Investor(YOUR FIRST AND LAST
NAME_________________________________________.
from sources independent of Scientific Production Inc.;
4. That Investor (YOUR FIRST AND
LAST
NAME)______________________________________________________. shall not directly or indirectly acquire any
interest in, or design, create, manufacture, sell or otherwise deal
with any item or product, containing, based upon or derived from the
information, except as may be expressly agreed to in writing by
Scientific Production
Inc..
5. That
the secrecy obligations of Investor (YOUR FIRST AND LAST
NAME)_________________________________________________________. with respect to the information shall
continue for a period ending 10 years from the date
hereof.
Scientific Production Inc. will be entitled to obtain an injunction to
prevent threatened or continued violation of this Agreement, but
failure to enforce this Agreement will not be deemed a waiver of
this Agreement.
IN WITNESS WHEREOF the Parties have hereunto
executed this Agreement as of the day and year Investor (YOUR FIRST
AND LAST
NAME)______________________________________________________________ first
above written.
.
By:
_____________________________ Date:
_____________
Title:___________________________
Scientific Production
Inc. and
SIGNATURE
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