PROPRIETARY INFORMATION AND SERVICES NON-DISCLOSURE AGREEMENT
The undersigned, (RECIPIENT) acknowledge and agree to all items in this
Proprietary Information and Services Non-disclosure Agreement ("AGREEMENT")
in reference to all disclosures by GDK Electronics and his employees and
representatives (OWNER) and OWNERs' concepts, technology, drawings, devices,
models, craft, and other information regarding the unique Anti-Hijack
Device, (herein under called the SERVICES).
The SERVICES are proprietary to OWNER and OWNER desires to keep such
SERVICES secret. The undersigned RECIPIENT desires to observe the
SERVICES and receive disclosure of information with respect to the
SERVICES for the purpose of determining if RECIPIENT wishes to enter
into a business relationship with OWNER, relating to SERVICES. RECIPIENT
is willing to hold in confidence any information it may receive or obtain
with respect to the SERVICES in oral, written or graphic form or by visual
observation or physical contact (all of which information with respect to
the SERVICES are herein after called "INFORMATION"). The OWNER hereby
identifies and declares that all INFORMATION is proprietary and is a trade
secret regardless of the timing and nature of which INFORMATION is disclosed.
Now therefore, in consideration of the disclosure by OWNER to the
RECIPIENT and / or RECIPIENTS authorized representatives of
INFORMATION with respect to the SERVICES the undersigned agree
with OWNER as follows:
1. INFORMATION will be disclosed by OWNER only to authorized
representatives of RECIPIENT who are designated in writing by RECIPIENT
and approved by OWNER and who have executed this AGREEMENT.
2. The undersigned will hold. in confidence all INFORMATION received
by OWNER and, except as may be expressly permitted herein, will not
disclose any INFORMATION to others without the prior written consent of OWNER.
3. INFORMATION received by the undersigned will not be used or exploited
by the undersigned in any way.
4. The undersigned may disclose INFORMATION to employees and authorized
representatives of RECIPIENT but only to those employees and authorized
representatives who have a need to know for the purpose set forth in the
preamble to this AGREEMENT and then only after such employees and / or
authorized representatives have executed a copy of this AGREEMENT.
Prior to disclosure of INFORMATION to employees or authorized
representatives of RECIPIENT the executed copy of this AGREEMENT
shall be immediately sent to OWNER.
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