CONFIDENTIALITY AGREEMENT
Agreement made on____________________________ [Date]
Between:
Istockhomes Marketing Ltd. ( Istockhomes ) (hereinafter referred to as “Company”),
Address: 1625 Venlaw Road, Nanaimo, British Columbia, Canada. V9S-1G4
And
(hereinafter referred to as “Investor”),
Address:
Purpose: The parties hereto desire to enter into a confidential relationship to protect certain confidential information that may be disclosed between them for the purposes of potential investment discussions and considerations (the “Purpose”).
1. Confidential Information: For the purposes of this Agreement, “Confidential Information” shall mean any non-public information, including but not limited to, financial data, business plans, strategies, customer information, trade secrets, intellectual property, proprietary technologies, and any other information that is not generally known to the public.
2. Obligations of Istockhomes: The Company agrees to keep all information disclosed by the Investor, including discussions related to investment amounts, terms, and other financial details, strictly confidential. The Company shall not disclose or reveal any of the Investor’s Confidential Information to any third party without the prior written consent of the Investor.
3. Obligations of the Investor: The Investor agrees to keep all information disclosed by the Company, including but not limited to business plans, proprietary technologies, financial data, and any other Confidential Information, strictly confidential. The Investor shall not disclose or reveal any of the Company’s Confidential Information to any third party without the prior written consent of the Company.
4. Exceptions: The obligations of confidentiality shall not apply to information that:
a. Is or becomes publicly available without any unauthorized act by the receiving party; b. Was already known to the receiving party prior to disclosure, as evidenced by written records; c. Is received from a third party without any obligations of confidentiality; d. Is independently developed by the receiving party without reference to the Confidential Information.
5. Non-Circumvention: Both parties agree not to circumvent each other or to engage in any activities that would reasonably be considered an attempt to bypass the other party in any potential business dealings.
6. Duration of Confidentiality: The obligations of confidentiality under this Agreement shall commence on the effective date and shall remain in effect for a period of [number] years from the date of disclosure of each specific piece of Confidential Information.
7. Return or Destruction of Information: Upon the written request of the disclosing party, the receiving party shall promptly return or, at the disclosing party’s option, destroy all copies and embodiments of the Confidential Information and shall provide written certification of such return or destruction.
8. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of British Columbia, Canada, without regard to its conflict of laws principles.
9. Entire Agreement: This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, whether oral or written.
10. Amendment: Any modification or amendment to this Agreement must be made in writing and signed by both parties.
IN WITNESS WHEREOF, the parties have executed this Confidentiality Agreement as of the date first written above.
Istockhomes:
Brad Camp
President
_________________________ Date: ________________________
Investor:
Investor’s Name ( please print ) ___________________________
Investors Signature ___________________________
Date