ExampleNDA

FCC ID: QFS001-10037200L

Cover Letter(s)

Download: PDF
FCCID_4420968

 t DY“Etics                                                                       DYNETICS OPP #3447

                      PROPRIETARY INFORMATION AGREEMENT

This Agreement is effective August 22, 2019 ("Effective Date") by and between Avtec — Systems
Integrator located at 875 North 1000 West, Logan, Utah 84321; Observation Without Limits, LLC
("OWL") located at 1002 Explorer Boulevard, Huntsville, Alabama 35806; and Dynetics, Inc.
(‘‘Dynetics") located at 1002 Explorer Boulevard, Huntsville, Alabama 35806 (hereinafter
collectively the "Parties" and individually as a "Party").

BACKGROUND

This Agreement sets forth the rights and obligations of the parties with respect to the use, handling,
protection, and safeguarding of Proprietary Information which is disclosed by and between the
parties to enable discussions and information exchange regarding GroundAware and integrator
relationship opportunities. The Parties agree that Proprietary Information disclosed or received
pursuant to this agreement shall only be used for this purpose and shall not be used to compete
with the originating party.

TERMS AND CONDITIONS

    1. Definition of Proprietary Information: Proprietary Information means all information
       related to the purposes that are identified as Proprietary Information, including, but not
       limited to, source code, technical information in the form of designs, concepts,
       requirements, specifications, software, interfaces, components, processes, financial and
       business information or data, marketing information, organization information, and sales
       information or the like.

       Proprietary Information of a third party in the possession of an originating Party and
       disclosed pursuant to the Agreement is protected as Proprietary Information to the same
       extent as if it were Proprietary Information of the originating Party.

   2. Procedure to Protect:         To gain protection under this Agreement as Proprietary
      Information, an originating party will disclose information in written or other permanent
      form and will clearly and conspicuously mark such information as being proprietary using
      an appropriate legend. Information stored in electronic form on disk, tape, or other storage
      media constitutes information in permanent form. Such electronic information will be
      adequately marked if a proprietary legend displays when the information originally runs
      on a computer system and when the information is printed from its data file. If an
      originating party originally discloses information in some other form (e.g., orally or
      visually), a receiving party will protect such information as Proprietary Information to the
      extent that the originating party: (a) identifies the information as proprietary at the time of
      original disclosure; (b) summarizes the Proprietary Information in writing; (c) marks the
      writing clearly and conspicuously with an appropriate proprietary legend; and (d) delivers
      the writing to the receiving party within thirty (30) days following the original disclosure.

       An originating party will not identify information as proprietary unless the originating
       party believes that such information is proprietary or constitutes a trade secret. The parties
       will attempt to limit the exchange of Proprietary Information, disclosing only that
       Proprietary Information necessary for the purposes of this Agreement.

                                              Page 1 of 6
                                            PROPRIETARY


P Dynetics                                                                   DyNETICS OPP #3447

3. Limited Distribution: A receiving party will limit access to Proprietary Information it
   receives to its employees who have a "need—to—know" the Proprietary Information for the
   purposes expressed above. A receiving party will copy Proprietary Information only as
   reasonably necessary for it to complete the purposes of this Agreement. In the event that
   a receiving party uses contract labor in the operation of its business and the receiving party
   needs to disclose the Proprietary Information to such contract labor personnel to
   accomplish the purposes of this Agreement, release and disclosure are permitted provided
   that the contract labor personnel are under obligations to hold such information in
   confidence under terms and conditions at least as restrictive as the terms and conditions of
   this Agreement. A receiving Party may make disclosure to the United States Government
   to the extent required by the authorized purposes provided that any such disclosure bears
   the appropriate restrictive legend and proprietary information notice permitted by the
   applicable government regulations related to the protection of proprietary information.

4. Limitations on Use or Disclosure: For a period of five (5) years after termination of this
   Agreement, a receiving party will hold Proprietary Information in confidence. Upon
   expiration of this protection period, all limitations this Agreement imposes on use or
   disclosure of Proprietary Information will cease. A receiving party may use Proprietary
   Information only for the purposes set forth above during the term of this Agreement.
   Except as set forth in paragraph 3 above, a receiving party will not disclose Proprietary
   Information to any nonparty during the protection period, despite any earlier termination
   of this Agreement. A receiving party will not use Proprietary Information that it receives
   under this Agreement for design, manufacture, or reverse engineering without first
   obtaining the written permission of the originating party.

5. Duty of Care: A receiving party will satisfy its obligations to protect Proprietary
   Information from misuse or unauthorized disclosure by exercising reasonable care. Such
   care will include protecting Proprietary Information using those practices the receiving
   party normally uses to restrict disclosure and use of its own information of like importance.

   In the event Proprietary Information of an originating Party is disclosed inadvertently to a
   third party by the receiving Party, the receiving Party shall take all reasonable and
   appropriate steps to investigate, control and retrieve or destroy the inadvertently
   transmitted data and the Parties will work cooperatively to mitigate any potential harm
   caused by such release. The receiving Party will not be liable if it accidentally discloses
   or misuses the Proprietary Information of the originating Party while exercising
   commercially reasonable care, provided that, upon discovery of such disclosure the
   receiving Party: (a) notifies the originating Party in writing of the accidental disclosure or
   misuse within five (5) business days of discovery and keeps the originating Party informed
   of its actions to address the situation; (b) uses commercially reasonable efforts to retrieve
   and protect the Proprietary Information against misuse and further disclosure, (c) reviews
   its practices to attempt to prevent any further accidental misuse or disclosure, and (d)
   continues to be bound by the terms and conditions of this Agreement.

6. Exceptions to Duty: This Agreement does not restrict disclosure or use of information
   otherwise qualifying as Proprietary Information if the receiving party can show that any
   one of the following conditions exists:

                                         Page 2 of 6
                                       PROPRIETARY



Document Created: 2019-08-27 12:01:04
Document Modified: 2019-08-27 12:01:04

© 2025 FCC.report
This site is not affiliated with or endorsed by the FCC