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This Confidentiality Agreement (Agreement) is entered into by and between Lenovo Mexico, S. de
R.L. de C.V., a Mexican corporation, having an office at Paseo de los Tamarindos No. 400A, Torre
1 Piso 27, Colonia Bosques de las Lomas, Mexico DF (05120), CP 05349 (Lenovo), and [Click
here to type name of other party], (Recipient). Lenovo and Recipient may be individually referred
to hereinafter as Party and collectively as Parties. For the purposes of this Agreement, Lenovo
shall include its affiliates. The term affiliates means entities that control, are controlled by, or are
under common control with the Lenovo entity identified above.
In consideration of the mutual promises, conditions, and covenants set forth herein, the Parties
agree as follows:
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6.
7. Compelled Disclosure. In the event that Recipient becomes aware that it may be
compelled by law, regulation or legal process to disclose Confidential Information to a
third party, Recipient shall immediately notify Lenovo in order that Lenovo may take
action to prevent or limit such disclosure.
8.
9.
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13. Assignment and Change of Control. Recipient may not assign this Agreement without the
prior written consent of Lenovo. In the event that Recipient comes under the control of a
third party or Recipient or a party that controls Recipient enters into an agreement
relating to a change in control with a third party, Recipient shall immediately notify
Lenovo and, if directed by Lenovo, either return or destroy all Confidential Information
received from Lenovo. The term control shall mean the power to influence, directly or
indirectly, the management of Recipient through ownership, voting shares, contract or
otherwise.
14. Independent Contractors. At all times relevant to this Agreement, the Parties shall be
independent contractors and this Agreement shall not create any agency, partnership,
joint venture, or other form of business relationship between the Parties. This Agreement
is not a commitment by either Party to enter into a transaction or business relationship,
nor is it an inducement for either Party to spend funds or expend resources. Nothing in
this Agreement shall be construed to obligate Lenovo to provide Confidential Information
to Recipient.
15. Effective Date, Term, Termination and Period of Confidentiality. This Agreement shall be
effective on the date of the last signature below (Effective Date). The term of this
Agreement shall commence on the Effective Date and shall continue for a period of one
(1) year. This Agreement may be terminated at any time on five (5) days notice to the
other Party. The confidentiality obligations of Recipient shall remain in effect for a period
of three (3) years following the date of termination or expiration of this Agreement.
16. Entire Agreement, Amendments and Counterparts. This Agreement constitutes the entire
understanding between the Parties relative to the Confidential Information identified
herein. It supersedes and is in lieu of all prior and collateral agreements, written or
otherwise, between the Parties, relative to the subject matter hereof. This Agreement
may not be modified or amended in any way unless in writing and signed by both Parties
hereto. This Agreement may be signed in counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same agreement, even if
each Party has not signed the same counterpart.
By:_____________________________________ By:_____________________________________
Printed Name and Title
Date
Date
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