This Non-Disclosure Agreement ("Agreement") is made and entered into on Date
between:
Disclosing Party: Name: 101222051 Saskatchewan Ltd. T/A FirsTecPro
Address: 30 McKenzie Lane, Moose Jaw, SK S6J 1M6
Receiving Party: Name:
Address:
Purpose:
The purpose of this Agreement is to protect the disclosure of confidential information between the
parties for the purpose of “Business Investment”.
Confidential Information:
"Confidential Information" refers to any information, data, materials, or knowledge, whether oral,
written, electronic, or in any other form, that is disclosed by the Disclosing Party to the Receiving Party
and is marked as confidential or would be understood to be confidential under the circumstances.
Obligations:
1. Duty of Confidentiality: The Receiving Party agrees to maintain the confidentiality of the Confidential
Information disclosed by the Disclosing Party. This duty of confidentiality means that the Receiving Party
must not disclose, reproduce, distribute, or otherwise make the Confidential Information available to any
unauthorized individuals or entities.
2. Limited Use: The Receiving Party is obligated to use the Confidential Information solely for the
Purpose specified in the agreement. This means that the Receiving Party cannot use the information for
any purpose other than the one stated in the agreement without obtaining prior written consent from
the Disclosing Party.
3. No Unauthorized Disclosure: The Receiving Party agrees not to disclose the Confidential Information
to any third party without obtaining the prior written consent of the Disclosing Party. This obligation
ensures that the Confidential Information remains within the intended scope of the agreement and is
not shared with others without proper authorization.
4. Safeguarding Measures: The Receiving Party is required to take reasonable and appropriate measures
to prevent unauthorized access to and disclosure of the Confidential Information. These measures may
include implementing security protocols, restricting access to only those individuals who need to know
the information for the Purpose, and utilizing encryption or password protection where applicable.
5. Employee and Contractor Obligations: If the Receiving Party needs to share the Confidential
Information with its employees, agents, or contractors for the Purpose, the Receiving Party must ensure
that these individuals are bound by confidentiality obligations at least as restrictive as those in the NDA.
This helps maintain control over the dissemination of the Confidential Information.
6. No Reverse Engineering: The Receiving Party should agree not to reverse engineer, decompile, or
otherwise attempt to derive the underlying source code, trade secrets, or intellectual property from any
technology or materials provided by the Disclosing Party.
7. Reporting Unauthorized Disclosures: In case of any unauthorized disclosure or breach of
confidentiality, the Receiving Party should promptly notify the Disclosing Party about the breach. This
allows the Disclosing Party to take appropriate actions to mitigate potential harm.
8. Return or Destruction of Information: Upon the written request of the Disclosing Party or upon
termination of the agreement, the Receiving Party is obligated to return or destroy all copies of the
Confidential Information and provide written certification of such destruction if requested. This helps
ensure that the Confidential Information does not remain in the possession of the Receiving Party after
the agreement ends.
Duration:
This Agreement shall remain in effect for a period of 2 years from the date of execution unless
terminated earlier by either party in writing.
Governing Law and Jurisdiction:
This Agreement shall be governed by and construed in accordance with the laws of the Province of
Saskatchewan, Canada. Any legal action or proceeding arising out of or relating to this Agreement shall
be exclusively subject to the jurisdiction of the courts located within the Province of Saskatchewan.
Entire Agreement:
This Agreement constitutes the entire agreement between the parties concerning the subject matter
hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or
written.
Amendments:
Any amendments or modifications to this Agreement must be in writing and signed by both parties.
Severability:
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall
not be affected and shall continue to be valid and enforceable.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Disclosure Agreement as of the date
first above written.
Disclosing Party: 101222051 Saskatchewan Ltd.
T/A FirsTecPro
Receiving Party:
Full Name (This will be considered as a Signature)
Date