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Non-Disclosure Agreement

For the purpose of furthering a potential business relationship between my company, my associates, or me, and Landlab Inc. and/or its affiliates, I agree to the following non-disclosure terms (Agreement). I understand that the information contained on this webpage and in linked files and materials relates generally to a business plan and to land development projects, business models or practices thereof. By indicating “I agree”, I acknowledge that the information contained herein is confidential in nature (“Confidential Information”) and I agree to not disclose this information. I understand that I will be bound by the following terms:

  1. Confidential Information. “Confidential Information” means all information both tangible and intangible of a Disclosing Party (Landlab Inc.) which relates, respectively, to the above identified subject matter, including, but not limited to, trade secrets, business and technical information and data, disclosed orally, visually, in writing, electronic media, or by any other means.
  2. Non-Disclosure. A recipient of Confidential Information under this Agreement shall use the Confidential Information only for the purpose of evaluating a business relationship between the parties and shall protect such Confidential Information from disclosure to others, using the same degree of care used to protect its own confidential or proprietary information of like importance, but in any case using no less than a reasonable degree of care. If necessary to effectuate the furthering of a potential business relationship, a Recipient may disclose Confidential Information received under this agreement to its employees, but only if they have a need to know and are bound to protect such Confidential Information from unauthorized use and disclosure under the terms of a written agreement. Confidential Information shall not otherwise be disclosed to any third party without the prior written consent of the Disclosing Party.
  3. Exclusions. A) “Confidential Information” shall not apply to information that: i. was publicly known at the time of the Disclosing Party’s communication thereof; ii. becomes publicly known through no fault of Recipient subsequent to the time of Disclosing Party’s communication thereof to Recipient; iii. was in Recipient’s possession free of any obligation of confidence at the time of Disclosing Party’s communication thereof to Recipient, as evidence by written records; or iv. is rightfully obtained by Recipient from a third party, authorized to make such disclosure. B) In the Confidential Information of the other party is lawfully required to be disclosed by a governmental agency or otherwise required to be disclosed by law, it may be so disclosed without violation of this Agreement, but only to the extent required; provided however that before making such disclosure, Recipient shall give Disclosing Party reasonable prior written notice of such required disclosure so that Disclosing Party has an opportunity to interpose an objection and/or take action to ensure confidential handling of such information.
  4. Return of Information. All Confidential Information disclosed under this Agreement (including information in electronic storage media) shall be and remain the property of Disclosing Party. All such information in tangible form shall be returned to Disclosing Party upon written request by Disclosing Party or the termination or expiration of this Agreement, and shall not thereafter be retained in any form by Recipient.
  5. Duration of Confidentiality. The Recipient shall maintain in confidence and shall not disclose to any person not a party hereto, unless permitted to do so under Section 2, or use or exploit in any way, without the Disclosing Party’s written agreement, any Confidential Information for a period of ten (10) years from the date of disclosure of such information.
  6. No Relationship. This Agreement addresses only the handling and protection of Confidential Information. It shall not be construed as a teaming, joint venture, partnership or other similar arrangement.
  7. Injunctive Relief. The Parties acknowledge that the Confidential Information is a unique and valuable asset of Disclosing Party, and that breach of this confidentiality will result in irreparable injury to Disclosing Party for which monetary damages alone would not be an adequate remedy. The Parties agree that in the event of a breach or threatened breach of confidentiality, the Disclosing Party shall be entitled to an injunction prohibiting any such breach or to specific performance or other equitable relief as a remedy available to Disclosing Party. Any such relief shall be in addition to and not in lieu of any relief in the way of monetary damages.
  8. Entire Agreement. This Agreement (a) is the complete agreement of the Parties concerning the subject matter hereof and supersedes any prior agreements, understanding or discussions with respect to the subject matter hereof; and (b) may not be amended or in any manner modified except by non-electronic written instrument signed by authorized representatives of both Parties.

By indicating “I agree”, I commit to be legally bound by this Agreement.

The parties hereto have requested that this document be written in the English language. Ce document est écrit en anglais sur demande des deux parties.

This agreement will be governed by the laws of Ontario.

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