Reynolds Services, Inc. Confidentiality Agreement
THIS CONFIDENTIALITY AGREEMENT (the “Agreement”) is made this , by and between Reynolds Services, Inc., a Pennsylvania business corporation, on behalf of itself and all its Affiliates (individually and collectively, the “Company”), and , a(n) , with its principal place of business at , (the “Recipient”). The Company and the Recipient are sometimes hereinafter collectively referred to as the “Parties”. For purposes of this Agreement, the “Affiliates” of the Company shall include the following: .
NOW, THEREFORE, in consideration of the foregoing Recitals, as if fully restated herein, in consideration for and as a condition to the Company disclosing Confidential Information to the Recipient as the Company, in its sole and absolute discretion, agrees to deliver or otherwise make available to the Recipient, and in consideration of the representations, warranties and covenants hereinafter set forth in this Agreement, the Parties, intending to be legally bound, agree as follows:
Any trade secrets of the Company will also be entitled to all of the protections and benefits under applicable state trade secret law and any other applicable law. If any information that the Company deems to be a trade secret is found by a court of competent jurisdiction not to be a trade secret for purposes of this Agreement, such information will in any event still be considered Confidential Information for purposes of this Agreement. In the case of trade secrets, the Recipient hereby waives any requirement that the Company submits proof of the economic value of any trade secret or post a bond or other security.
To the extent that any Confidential Information may include materials subject to the attorney-client privilege, the Company is not waiving and will not be deemed to have waived or diminished its attorney work-product protections, attorney-client privileges or similar protections and privileges as a result of disclosing any Confidential Information to the Recipient, regardless of whether the Company has asserted or is or may be entitled to assert such privileges and protections. The Parties (a) share a common legal and commercial interest in all such Confidential Information that is subject to such privileges and protections; (b) are or may become joint defendants in proceedings to which such Confidential Information covered by such protections and privileges relates; and (c) intend that such privileges and protections remain intact should either Party become subject to any actual or threatened proceeding to which such Confidential Information covered by such protections and privileges relates. In furtherance of the foregoing, the Recipient shall not claim or contend, in proceedings involving either Party, that the Company waived its attorney work-product protections, attorney-client privileges or similar protections and privileges with respect to any information, documents or other material not disclosed to the Recipient due to the Company disclosing Confidential Information to the Recipient.
IN WITNESS WHEREOF, the Parties have duly executed and delivered this Agreement the day and year first above written with the intent to be legally bound.
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Signed by John R. Frangakis
Signed On: October 9, 2019
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Document Name: Reynolds Services, Inc. Confidentiality Agreement
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