NON-DISCLOSURE AGREEMENT
entered into by and between
TRANSNET LIMITED
Registration Number 1990/000900/06
(hereinafter referred to as “Transnet")
and
………………………………………………...................……..
Registration Number ______________________
(hereinafter referred to as the "Company")
RFP / Agreement Number …………………………..
Commencement Date ………………………….….….
Expiry Date …………………………………..……….…
Non-Disclosure Agreement
TABLE OF CONTENTS
1 Interpretation ..............................................................................................................................3
2 Confidential Information................................................................................................................4
3 Records and return of Information ..................................................................................................5
4 Announcements ...........................................................................................................................5
5 Duration .....................................................................................................................................5
6 Principal......................................................................................................................................5
7 Adequacy of damages...................................................................................................................5
8 Privacy and Data Protection ...........................................................................................................6
9 General.......................................................................................................................................6
THIS AGREEMENT is made at …………….……………….….…... on the ….. day of …..…………………………….….. 2009
BETWEEN:
Transnet Limited (“Transnet”) (Registration No. 1990/000900/06)
whose registered office is at 49th Floor, Carlton Centre, 150 Commissioner Street, Johannesburg 2001,
and
……………………………………..……. (“the Company”) (Registration No ………………………) whose registered office is at ………………………………………………………………………………………………………………………………………………… …………………………………………………………………………………………………………………………………………………………………
WHEREAS
Transnet and the Company wish to exchange Information (as defined below) and it is envisaged that each party may from time to time receive Information relating to the other in respect thereof. In consideration of each party making available to the other such Information, the parties jointly agree that any dealings between them shall be subject to the terms and conditions of this Agreement which themselves will be subject to the parameters of the Proposal.
IT IS HEREBY AGREED
1 INTERPRETATION
In this Agreement:-
1.1 “Agents” means directors, officers, employees, agents, professional advisers, contractors or sub-contractors, or any Group member;
1.2 “Confidential Information” means any information or other data relating to one party (the “Disclosing Party”) and/or the business carried on or proposed or intended to be carried on by that party and which is made available for the purposes of the Proposal to the other party (the “Receiving Party”) or its Agents by the Disclosing Party or its Agents or recorded in agreed minutes following oral disclosure and any other information otherwise made available by the Disclosing Party or its Agents to the Receiving Party or its Agents, whether before, on or after the date of this Agreement, and whether in writing or otherwise, including any information, analysis or specifications derived from, containing or reflecting such information but excluding information which:-
a) is publicly available at the time of its disclosure or becomes publicly available (other than as a result of disclosure by the Receiving Party or any of its Agents contrary to the terms of this Agreement); or
b) was lawfully in the possession of the Receiving Party or its Agents (as can be demonstrated by its written records or other reasonable evidence) free of any restriction as to its use or disclosure prior to its being so disclosed; or
c) following such disclosure, becomes available to the Receiving Party or its Agents (as can be demonstrated by its written records or other reasonable evidence) from a source other than the Disclosing Party or its Agents, which source is not bound by any duty of confidentiality owed, directly or indirectly, to the Disclosing Party in relation to such information;
1.3 “Group” means any subsidiary, any holding company and any subsidiary of any holding company of either party;
1.4 “Information” means all information in whatever form including, without limitation, any information relating to systems, operations, plans, intentions, market opportunities, know-how, trade secrets and business affairs whether in writing, conveyed orally or by machine-readable medium; and
1.5 “Proposal” means Transnet’s Request for Information (RFI) and/or Request for Quotation (RFQ) and/or Request for Proposal or Tender (RFP).
2 CONFIDENTIAL INFORMATION
2.1 All Confidential Information given by one party to this Agreement (the “Disclosing Party”) to the other party (the “Receiving Party”) will be treated by the Receiving Party as secret and confidential and will not, without the Disclosing Party’s written consent, directly or indirectly communicate or disclose (whether in writing or orally or in any other manner) Confidential Information to any other person other than in accordance with the terms of this Agreement.
2.2 The Receiving Party will only use the Confidential Information for the sole purpose of technical and commercial discussions between the parties in relation to the Proposal or for the subsequent performance of any contract between the parties in relation to the Proposal.
2.3 Notwithstanding clause 2.1 above, the Receiving Party may disclose Confidential Information:
a) to those of its Agents who strictly need to know the Confidential Information for the sole purpose set out in clause 2.2 above, provided that the Receiving Party shall ensure that such Agents are made aware prior to the disclosure of any part of the Confidential Information that the same is confidential and that they owe a duty of confidence to the Disclosing Party. The Receiving Party shall at all times remain liable for any actions of such Agents that would constitute a breach of this Agreement; or
b) to the extent required by law or the rules of any applicable regulatory authority, subject to clause 2.4 below.
2.4 In the event that the Receiving Party is required to disclose any Confidential Information in accordance with clause 2.3 (b) above, it shall promptly notify the Disclosing Party and co-operate with the Disclosing Party regarding the form, nature, content and purpose of such disclosure or any action which the Disclosing Party may reasonably take to challenge the validity of such requirement.
2.5 In the event that any Confidential Information shall be copied, disclosed or used otherwise than as permitted under this Agreement then, upon becoming aware of the same, without prejudice to any rights or remedies of the Disclosing Party, the Receiving Party shall as soon as practicable notify the Disclosing Party of such event and if requested take such steps (including the institution of legal proceedings) as shall be necessary to remedy (if capable of remedy) the default and/or to prevent further unauthorised copying, disclosure or use.
2.6 All Confidential Information shall remain the property of the Disclosing Party and its disclosure shall not confer on the Receiving Party any rights, including intellectual property rights over the Confidential Information whatsoever, beyond those contained in this Agreement.
3 RECORDS AND RETURN OF INFORMATION
3.1 The Receiving Party agrees to ensure proper and secure storage of all Information and any copies thereof.
3.2 The Receiving Party shall keep a written record, to be supplied to the Disclosing Party upon request, of the Confidential Information provided and any copies made thereof and, so far as is reasonably practicable, of the location of such Confidential Information and any copies thereof.
3.3 The Company shall, within 7 (seven) days of receipt of a written demand from Transnet:
a) return all written Confidential Information (including all copies); and
b) expunge or destroy any Confidential Information from any computer, word processor or other device whatsoever into which it was copied, read or programmed by the Company or on its behalf.
3.4 The Company shall on request supply a certificate signed by a director as to its full compliance with the requirements of clause 3.3 (b) above.
4 ANNOUNCEMENTS
4.1 Neither party will make or permit to be made any announcement or disclosure of its prospective interest in the Proposal without the prior written consent of the other party.
4.2 Neither party shall make use of the other party’s name or any information acquired through its dealings with the other party for publicity or marketing purposes without the prior written consent of the other party.
5 DURATION
The obligations of each party and its Agents under this Agreement shall survive the termination of any discussions or negotiations between the parties regarding the Proposal and continue thereafter for a period of 5 (five) years.
6 PRINCIPAL
Each party confirms that it is acting as principal and not as nominee, agent or broker for any other person and that it will be responsible for any costs incurred by it or its advisers in considering or pursuing the Proposal and in complying with the terms of this Agreement.
7 ADEQUACY OF DAMAGES
Nothing contained in this Agreement shall be construed as prohibiting the Disclosing Party from pursuing any other remedies available to it, either at law or in equity, for any such threatened or actual breach of this Agreement, including specific performance, recovery of damages or otherwise.
8 PRIVACY AND DATA PROTECTION
8.1 The Receiving Party undertakes to comply with South Africa’s general privacy protection in terms of the Bill of Rights (Section 14) in connection with this Proposal and shall procure that its personnel shall observe the provisions of such Act (as applicable) or any amendments and re-enactments thereof and any regulations made pursuant thereto.
8.2 The Receiving Party warrants that it and its Agents have the appropriate technical and organisational measures in place against unauthorised or unlawful processing of data relating to the Proposal and against accidental loss or destruction of, or damage to such data held or processed by them.
9 GENERAL
9.1 Neither party may assign the benefit of this Agreement or any interest hereunder except with the prior written consent of the other, save that Transnet may assign this Agreement at any time to any member of the Transnet Group.
9.2 No failure or delay in exercising any right, power or privilege under this Agreement will operate as a waiver of it, nor will any single or partial exercise of it preclude any further exercise or the exercise of any right, power or privilege under this Agreement or otherwise.
9.3 The provisions of this Agreement shall be severable in the event that any of its provisions are held by a court of competent jurisdiction or other applicable authority to be invalid, void or otherwise unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law.
9.4 This Agreement may only be modified by a written agreement duly signed by persons authorised on behalf of each party.
9.5 Nothing in this Agreement shall constitute the creation of a partnership, joint venture or agency between the parties.
9.6 This Agreement will be governed by and construed in accordance with South African law and the parties irrevocably submit to the exclusive jurisdiction of the South African courts.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective duly authorised representatives.
For and on behalf of For and on behalf of
TRANSNET LIMITED ____________________________________
duly authorised thereto duly authorised thereto
Name: Name:
Position: Position:
Signature: Signature:
Date: Date:
AS WITNESS: AS WITNESS:
Name: Name:
Signature: Signature:
Date: Date:
AS WITNESS: AS WITNESS:
Name: Name:
Signature: Signature:
Date: Date:
