WHEREAS the Company shall provide to [ ] certain confidential information (as defined below) in connection with the [ ]. (“[ ]”) located on Decho Road, Bangrak, Bangkok (the “Transaction”).
NOW THEREFORE, in consideration of Company providing the Confidential Information to [ ], [ ] hereby agrees and undertakes as follows:
1. [ ] shall use the Confidential Information solely for the purpose of studying the feasibility of utilizing, the “Project”.
2. The Confidential Information and the fact that [ ] is studying the Project shall be held by [ ] in strict confidence and shall not be disclosed by [ ] in whole or in part to any person other than those officers, employees, agents and advisors of [ ] (collectively, the “Representatives”) on a “need-to-know” basis for effecting the purpose set out in Clause 1, save with the Company’s prior written consent.
3. For the purposes of this Agreement, the term “Confidential Information” shall mean all materials and information, in whatever form, which (i) are not available to the public and (ii) have been disclosed by the Company to [ ] in connection with the Project, Provided That Confidential Information shall not include information that:
(a) was, at the time of its disclosure by the Company, in the public domain or subsequently disclosed or made available to the public (except where such disclosure is a result of a breach by [ ] of this Agreement).
(b) was lawfully in the possession of [ ] or any Representative prior to its disclosure by the Company to [ ].
(c) was already known to [ ] or any Representative on a non-confidential basis prior to its disclosure by the Company to [ ].
(d) was, prior to its disclosure by the Company to [ ], made available to by, or obtained by [ ] from, a third party without any restrictions as to its use or disclosure by [ ] (and for the avoidance of doubt, neither [ ] nor its Representatives shall be required to enquire whether such third party owes a duty or obligation of confidentiality to the Company).
(e) is required to be disclosed by [ ] pursuant to any applicable law or regulation or by the order of any court, or by any governmental or regulatory body to which authority [ ] is subject, Provided That in any such event [ ] shall give the Company written notice as soon as practicable of any such disclosure.
4. [ ] shall, upon the Company’s written request, return to the Company all Confidential Information provided to [ ] by the Company, including copies thereof, and destroy or delete (where applicable) any Confidential Information that remains in its records (whether in written, electronic or other forms), save to the extent that (i) the same is required to be maintained by [ ] under any applicable laws and regulations (including those of any stock exchange, governmental and/or regulatory body to which authority [ ] is subject) and (ii) [ ] may retain one copy of the Confidential Information for its corporate governance purposes.
5. [ ] acknowledges that damages may not be an adequate remedy at law in the event of any breach by it of the provisions of this Agreement and that the Company is entitled to seek injunctive and other relief to (i) prevent breaches of this Agreement and (ii) specifically enforce the provisions hereof, in addition to any other remedy to which it may be entitled at law or in equity.
6. [ ]’s obligations under this Agreement shall wholly cease upon the earlier to occur of (a) the completion of the Project or (b) [1] year from the date hereof.
7. This Agreement shall be governed by and construed in accordance with the laws of Thailand.
8. In the event that any provision hereof is deemed unlawful or unenforceable, such provision shall be deleted from the Agreement to the extent of such illegality or unenforceability and the remainder of this Agreement shall remain in full force and effect.
9. No variation, modification or amendment to this Agreement shall be valid or binding except in writing and executed by both Parties.
WHEREAS the Company shall provide to [ ] certain confidential information (as defined below) in connection with the [ ]. (“[ ]”) located on Decho Road, Bangrak, Bangkok (the “Transaction”).NOW THEREFORE, in consideration of Company providing the Confidential Information to [ ], [ ] hereby agrees and undertakes as follows:1. [ ] shall use the Confidential Information solely for the purpose of studying the feasibility of utilizing, the “Project”. 2. The Confidential Information and the fact that [ ] is studying the Project shall be held by [ ] in strict confidence and shall not be disclosed by [ ] in whole or in part to any person other than those officers, employees, agents and advisors of [ ] (collectively, the “Representatives”) on a “need-to-know” basis for effecting the purpose set out in Clause 1, save with the Company’s prior written consent.3. For the purposes of this Agreement, the term “Confidential Information” shall mean all materials and information, in whatever form, which (i) are not available to the public and (ii) have been disclosed by the Company to [ ] in connection with the Project, Provided That Confidential Information shall not include information that:(a) was, at the time of its disclosure by the Company, in the public domain or subsequently disclosed or made available to the public (except where such disclosure is a result of a breach by [ ] of this Agreement).(b) was lawfully in the possession of [ ] or any Representative prior to its disclosure by the Company to [ ].(c) was already known to [ ] or any Representative on a non-confidential basis prior to its disclosure by the Company to [ ]. (d) was, prior to its disclosure by the Company to [ ], made available to by, or obtained by [ ] from, a third party without any restrictions as to its use or disclosure by [ ] (and for the avoidance of doubt, neither [ ] nor its Representatives shall be required to enquire whether such third party owes a duty or obligation of confidentiality to the Company). (e) is required to be disclosed by [ ] pursuant to any applicable law or regulation or by the order of any court, or by any governmental or regulatory body to which authority [ ] is subject, Provided That in any such event [ ] shall give the Company written notice as soon as practicable of any such disclosure. 4. [ ] shall, upon the Company’s written request, return to the Company all Confidential Information provided to [ ] by the Company, including copies thereof, and destroy or delete (where applicable) any Confidential Information that remains in its records (whether in written, electronic or other forms), save to the extent that (i) the same is required to be maintained by [ ] under any applicable laws and regulations (including those of any stock exchange, governmental and/or regulatory body to which authority [ ] is subject) and (ii) [ ] may retain one copy of the Confidential Information for its corporate governance purposes. 5. [ ] acknowledges that damages may not be an adequate remedy at law in the event of any breach by it of the provisions of this Agreement and that the Company is entitled to seek injunctive and other relief to (i) prevent breaches of this Agreement and (ii) specifically enforce the provisions hereof, in addition to any other remedy to which it may be entitled at law or in equity.6. [ ]’s obligations under this Agreement shall wholly cease upon the earlier to occur of (a) the completion of the Project or (b) [1] year from the date hereof.7. This Agreement shall be governed by and construed in accordance with the laws of Thailand. 8. In the event that any provision hereof is deemed unlawful or unenforceable, such provision shall be deleted from the Agreement to the extent of such illegality or unenforceability and the remainder of this Agreement shall remain in full force and effect.9. No variation, modification or amendment to this Agreement shall be valid or binding except in writing and executed by both Parties.
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