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TTA By FSC Non-Disclosure Agreement

Receiving Party = Mentee

Disclosing Party = Mentor

NDA for TTA Time Projection Signals group

This Nondisclosure Agreement (the “Agreement”) is entered into by (The Mentee) and between FinServ Corp (The Mentor) for the purpose of preventing the unauthorized disclosure of

Confidential Information and resources within the confines of the paid forms of communication as defined below. The parties agree to enter into a confidential relationship with respect to the disclosure of certain proprietary and confidential information (“Confidential Information”). The parties agree to enter into a confidential relationship with respect to the disclosure of certain proprietary and confidential resources (“Confidential Resources”).

The parties agree that the termination of the mentor-mentee relationship will not void the terms of this Nondisclosure Agreement and that the terms will be strictly honored.

The Mentee agrees that the failure to adhere to the terms will result in lawful penalization in the form of fees being paid to FinServ Corp (The Mentor) amounting to FIFTY THOUSAND DOLLARS ($ 50,000) within the duration of TWO weeks of violation.

Definition of Confidential Information. For purposes of this Agreement, “Confidential Information” shall include all information or material that has or could have commercial value or other utility in the business in which Disclosing Party is engaged. This is in the context of the Receiving Party (The Mentee) transmitting information against the terms. If Confidential Information is in written form, the Disclosing Party shall label or stamp the materials with the word “Confidential” or some similar warning.

If Confidential Information is transmitted orally, the Disclosing Party shall promptly provide a writing indicating that such oral communication constituted Confidential Information. If Confidential Information is transmitted through other forms of social media, there must be a letter of approval from the Disclosing Party (The Mentor) allowing the transmission of the requested information.

If the Confidential Resources is in written form, the Disclosing Party shall label or stamp the materials with the word “Confidential” or some similar warning. If the Confidential Resources are transmitted orally, describing the constituents of the resource or how it is supposed to be utilized, the Disclosing Party shall promptly provide a writing indicating that such oral communication constituted of components wholly or partially of Confidential Resources.

Exclusions from Confidential Information. Receiving Party’s obligations under this Agreement do not extend to information that is: (a) publicly known at the time of disclosure or subsequently becomes publicly known through no fault of the Receiving Party; (b) is disclosed by Receiving Party with Disclosing Party’s prior written approval.

Obligations of Receiving Party. Receiving Party shall hold and maintain the Confidential Information and the Confidential Resources in strictest confidence for the sole and exclusive benefit of the Disclosing Party. Receiving Party shall carefully restrict access to Confidential Information to employees, contractors and third parties as is reasonably required and shall require those persons to sign nondisclosure restrictions at least as protective as those in this Agreement. Receiving Party shall not, without prior written approval of Disclosing Party, use for Receiving Party’s own benefit, publish, copy, or otherwise disclose to others, or permit the use by others for their benefit or to the detriment of Disclosing Party, any Confidential Information or Confidential Resources. Receiving Party shall return to Disclosing Party any and all records, notes, and other written, printed, or tangible materials in its possession pertaining to Confidential Information immediately if Disclosing Party requests it in writing.

Time Periods. The nondisclosure provisions of this Agreement shall survive the termination of this Agreement and Receiving Party’s duty to hold Confidential Information in confidence shall remain in effect until the until the Disclosing Party sends Receiving Party (The Mentee) written notice releasing Receiving Party from this Agreement, whichever occurs first.

Relationships. Nothing contained in this Agreement shall be deemed to constitute either party a partner, joint venturer or employee of the other party for any purpose.

Severability. If a court finds any provision of this Agreement invalid or unenforceable, the remainder of this Agreement shall be interpreted so as best to benefit the Disclosing Party to protect Confidential Information and the Confidential Resources and to benefit the Receiving Party in the form of a new Nondisclosure agreement.

Integration. This Agreement expresses the complete understanding of the parties with respect to the subject matter and supersedes all prior proposals, agreements, representations and understandings. This Agreement may not be amended except in a writing signed by both parties.

Waiver. The failure to exercise any right provided in this Agreement shall not be a waiver of prior or subsequent rights.

Damages. Violation of the terms of this Agreement will be paid for by the Receiving Party to the amount of USD FIFTY THOUSAND DOLLARS ($ 50,000).

This Agreement and each party’s obligations shall be binding on the representatives, assigns and successors of such party. Each party has signed this Agreement through its authorized representative.

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Signed by Shaun Dimanka Yahathugoda
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Timestamp

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2023-01-07 11:03:39 +0530

TTA By FSC Non-Disclosure Agreement Uploaded by Shaun Dimanka Yahathugoda - syahathugoda@gmail.com IP 66.248.202.19