Confidentiality agreement

Proprietary information

For purposes of this Agreement, “Proprietary Information” shall be construed to include, without limitation, (i) information related to *** business, operations, prospects and financial affairs (beyond that which is publicly reported by ***), (ii) marketing and promotional plans and strategies, (iii) information relating to products and/or services conceived, developed or in the process of development, and (iv) other proprietary and competitively sensitive information (collectively, “Proprietary Information”).


Standard of care

The Vendor shall hold all Proprietary Information disclosed to it by *** in the strictest confidence and shall protect it with the same degree of care that it protects its own Proprietary Information. The Vendor shall not copy or reproduce, or permit to be copied or reproduced, in any way, any part of the Proprietary Information except in accordance with, and for the uses set forth in, this Agreement.


Restrictions on use

The Vendor shall not use any portion of *** Proprietary Information for any reason, except as agreed to in writing by ***.


Nondisclosure

(i)Vendor shall neither disclose Proprietary Information to any Third Party nor permit any Third Party to use, copy, abstract, or summarize any portion of such Proprietary Information. For purposes of this Agreement, “Third Party” shall mean any person or entity not a signatory to this Agreement
 
(ii)Vendor agrees that, without the prior written consent of ***, it will not disclose (and it will cause its representatives not to disclose) to any Third Party the fact that Proprietary Information has been made available to it.


Restrictions on subsidiaries, affiliates, etc

The terms of this Agreement shall be binding on Vendor and all of its officers, employees, consultants, agents, and representatives of each party and its subsidiaries and affiliates to whom any Proprietary Information is disclosed. Vendor shall cause all of its subsidiaries, affiliates, officers, employees, consultants and agents to whom any Proprietary Information is disclosed to observe and be bound by all of the obligations of confidentiality, restriction on use and nondisclosure set forth herein.


Proprietary information

For purposes of this Agreement, “Proprietary Information” shall be construed to include, without limitation, (i) information related to spring mattress business, operations, prospects and financial affairs (beyond that which is publicly reported by Synwin), (ii) marketing and promotional plans and strategies, (iii) information relating to mattresses and/or services conceived, developed or in the process of development, and (iv) other proprietary and competitively sensitive information (collectively, “Proprietary Information”).


Standard of care

The Vendor shall hold all Proprietary Information disclosed to it in the strictest confidence and shall protect it with the same degree of care that it protects its own Proprietary Information. The Vendor shall not copy or reproduce, or permit to be copied or reproduced, in any way, any part of the Proprietary Information except in accordance with, and for the uses set forth in, this Agreement.


Restrictions on use

The Vendor shall not use any portion of *** Proprietary Information for any reason, except as agreed to in writing by ***.


Nondisclosure

a.Vendor shall neither disclose Proprietary Information to any Third Party nor permit any Third Party to use, copy, abstract, or summarize any portion of such Proprietary Information. For purposes of this Agreement, “Third Party” shall mean any person or entity not a signatory to this Agreement
 
b.Vendor agrees that, without the prior written consent of ***, it will not disclose (and it will cause its representatives not to disclose) to any Third Party the fact that Proprietary Information has been made available to it.


Restrictions on subsidiaries, affiliates, etc

The terms of this Agreement shall be binding on Vendor and all of its officers, employees, consultants, agents, and representatives of each party and its subsidiaries and affiliates to whom any Proprietary Information is disclosed. Vendor shall cause all of its subsidiaries, affiliates, officers, employees, consultants and agents to whom any Proprietary Information is disclosed to observe and be bound by all of the obligations of confidentiality, restriction on use and nondisclosure set forth herein.


Officers Name/Title (Please Print)                Company Name (Please Print)

Officers Signature                                         Date:******




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