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NON-DISCLOSURE AGREEMENT
BPI Labs, Inc. (BPI) and (Customer) agree to the following terms and conditions:
1. BPI and Customer agree to maintain a confidentiality of shared information.
2. BPI agrees to take reasonable commercial efforts to keep such formulas and
any proprietary information disclosed by Customer secret and confidential from
third parties to the same degree as it protects its own proprietary information.
The following shall be specifically excluded from the term proprietary
information:
a. Information or material that can be demonstrated by documentation
b. to have been public information or generally available to the public prior to
the receipt by BPI;
c. Information or material that can be demonstrated by documentation to have
been in BPI’s possession prior to receipt thereof from Customer;
d. Information or material that becomes generally available to the public, such
as publication or otherwise, not due to any unauthorized act omission on the
part of either party.
3. BPI shall not distribute, disclose or divulge such samples, formulas, or
information to any other person or entity except employees of BPI who have a
need to know such information.
4. BPI agrees not to sell or distribute any product which constitutes a
duplicate of formula incorporating proprietary information provided by Customer,
except (a) if purchased from Customer or (b) if manufactured and sold under an
arrangement by which Customer receives a royalty, the amount of which shall be
agreed to in writing in advance by Customer.
5. BPI shall return all material provided by Customer upon request, or if not
requested, then BPI shall destroy such material after it has served the purpose
for which it was furnished.
6. No right or license is granted by Customer to BPI in connection with the
samples, formulas, information or materials disclosed hereunder, except as
expressly set forth in writing.
7. No disclosure of information or furnishing of samples pursuant to this
agreement shall operate to prevent BPI from making, using or selling any product
which BPI presently makes, uses or sells.
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