This Agreement is entered into this (day) of (month), (year) by and between , IC No. (hereinafter "Recipient") and Gplex Realty Sdn Bhd ( 1190928-T ), with office at Unit 44-1, 45-1, 49-1, 50-G & 50-1, Block D, No. 01, Jalan SS7/26, Kelana Jaya, 47301 Petaling Jaya, Selangor, Malaysia. (hereinafter "Discloser")
WHEREAS Discloser possesses certain information and data relating to all its business operations and activities that is confidential and proprietary to Discloser (hereinafter "Confidential Information"); and
WHEREAS Recipient is willing to receive disclosure of the Confidential Information pursuant to the terms of this Agreement for the purpose of performing sales & marketing activities related to Discloser's business operations and activities only.
NOW THEREFORE, in consideration for the mutual undertakings of the Discloser and the Recipient under this Agreement, the parties agree as follows:
Disclosure. Discloser agrees to disclose, and Recipient agrees to receive the Confidential Information.
Confidentiality
Recipient agrees not to use the Confidential Information in any way, except for the purpose set forth above.
Non-Disclosure. Recipient agrees to use its best efforts to prevent and protect the Confidential Information, or any part thereof, from disclosure to any unauthorized person.
Protection of Secrecy. Recipient agrees to take all steps reasonably necessary to protect the secrecy of the Confidential Information, and to prevent the Confidential Information from falling into the public domain or into the possession of unauthorized persons.
Ownership of Confidential Information. Recipient agrees that all Confidential Information shall remain the property of Discloser, and that Discloser may use such Confidential Information for any purpose without obligation to Recipient. Nothing contained herein shall be construed as granting or implying any transfer rights to Recipient in the Confidential Information, or any patents or other intellectual property protecting or relating to the Confidential Information.
Term and Termination. The obligation of this Agreement shall be continuing until the Confidential Information disclosed to Recipient is no longer confidential