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SLOAN VASQUEZ, LLC (2)
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Last modified
5/18/2016 5:14:31 PM
Creation date
5/13/2016 11:03:29 AM
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Contracts
Company Name
SLOAN VASQUEZ, LLC
Contract #
A-2015-300A
Agency
PUBLIC WORKS
Destruction Year
2023
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(b) was received by the Recipient on a non - confidential basis from a source who was <br />not then and is not now subject to confidentiality obligations owed to the Discloser with respect <br />to the information; <br />(c) was independently developed by the Recipient without use of or reference to the <br />Discloser's confidential, nonpublic or proprietary information; or <br />(d) is currently or at any time becomes generally available or known to the public, <br />other than as a result of a disclosure by the Recipient. <br />Additionally, the Recipient shall be relieved of its non - disclosure and confidentiality obligations <br />under this Agreement if disclosure is required by law, by a valid court order or by a <br />governmental body of the United States or any political subdivision thereof; provided, however, <br />that the relief shall be only to the extent of the required disclosure, and prior to any such <br />disclosure, the Recipient shall notify the Discloser in writing of any disclosure requirement and <br />of the facts and circumstances surrounding such requirement so that the Discloser may seek an <br />appropriate protective order regarding the disclosure. <br />4. Restricted Use. The sole purpose of the exchange of Evaluation Material hereunder is to <br />facilitate the Purpose. Accordingly, Company agrees that it and its Representatives shall not use, <br />analyze, disclose or reproduce any Evaluation Material received from the Discloser, except in <br />direct furtherance of the Purpose. The parties agree that the information exchange under this <br />Agreement is not to affect, in any way, a party's relative competitive position regarding the other <br />party or other entities. The information to be disclosed by each party shall only be that <br />information which is reasonably necessary to evaluate the Proposed Transaction. <br />5. Protection of Evaluation Material. Recipient shall treat all Evaluation Material received <br />from the Discloser as the confidential and exclusive property of the other party. Recipient agrees <br />to take all practicable steps to ensure that such Evaluation Material shall not be disclosed to or <br />used by any of its Representatives, except those who reasonably need to know the same in <br />connection with the Purpose and who agree to be bound by the terms of this Agreement. <br />Recipient additionally agrees to exercise reasonable efforts to safeguard the other party's <br />Evaluation Material against unauthorized use, reproduction or disclosure; provided, however, <br />that nothing in this Agreement shall obligate a party to use any greater care in the protection of <br />Evaluation Material than the care it uses with respect to its own information of the same general <br />type, so long as that care is at least reasonable ordinary care, under the circumstances. <br />6. No Warranties as to Accuracv. Each party understands and acknowledges that although <br />the agreements and covenants of the parties contained herein shall be binding, neither party nor <br />any of its Representatives makes any representation or warranty, express or implied, as to the <br />accuracy or completeness of the Evaluation Material. Only those representations or warranties <br />that are made in the final definitive agreement regarding any transaction contemplated hereby, <br />when, as and if executed, and subject to such limitations and restrictions as may be specified <br />therein, will have any legal effect. Each party agrees that, except as contemplated by the <br />preceding sentence, neither party nor any of its Representatives shall have any liability to the <br />other party or to any of its Representatives relating to or resulting from any errors in the <br />Evaluation Material or omissions therefrom. <br />-2- <br />
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