|
MUTUAL NONDISCLOSURE AGREEMENT
|
|
|
|
Effective Date: 12/10/98
|
|
|
|
This Agreement governs the disclosure of information by and between Yahoo!
|
|
Inc., a California corporation, and Restrac, Inc. ("Participant").
|
|
1.
|
|
The "Confidential Information" is that confidential, proprietary, and
|
|
trade secret information being disclosed by the disclosing party described as
|
|
(please be specific):
|
|
|
|
(a) Yahoo Confidential Information (owned by Yahoo and any of its
|
|
affiliates): Resume and Employment Related.
|
|
(b) Participant Confidential Information: Resume and Employment
|
|
Related.
|
|
2.
|
|
Except as set forth in this Section 2, all Confidential Information
|
|
shall be in tangible form and shall be marked as Confidential or proprietary
|
|
information of the disclosing party.
|
|
If the Confidential Information is
|
|
disclosed orally or visually, it shall be identified as such at the time of
|
|
disclosure and confirmed in a writing to the recipient within thirty (30) days
|
|
of such disclosure.
|
|
3.
|
|
Each of the parties agrees that it will not make use of, disseminate, or
|
|
in any way disclose any Confidential Information of the other party to any
|
|
person, firm or business, except to the extent necessary for negotiations,
|
|
discussions and consultations with personnel or authorized representatives of
|
|
the other party and any purpose the other party may hereafter authorize in
|
|
writing.
|
|
Each of the parties agrees that it shall disclose Confidential
|
|
Information of the other party only to those of its employees who need to know
|
|
such information and who have previously agreed, either as a condition to
|
|
employment or in order to obtain the Confidential Information, to be bound by
|
|
terms and conditions substantially similar to those of this Agreement.
|
|
4.
|
|
There shall be no liability for disclosure or use of Confidential
|
|
Information which is (a) in the public domain through no fault of the receiving
|
|
party (b) rightfully received from a third party without any obligation of
|
|
confidentiality, (c) rightfully known to the receiving party without any
|
|
limitation on use or disclosure prior to its receipt from the disclosing party,
|
|
(d) independently developed by the receiving party, (e) generally made available
|
|
to third parties without any restriction on disclosure, or (f) communicated in
|
|
response to a valid order by a court or other governmental body, as otherwise
|
|
required by law, or as necessary to establish the rights of either party under
|
|
this Agreement (provided that the party so disclosing has provided the other
|
|
party with a reasonable opportunity to seek protective legal treatment for such
|
|
Confidential Information).
|
|
5.
|
|
"Residual Information" shall mean any Confidential Information of the
|
|
disclosing party which may be retained in intangible form in the minds of those
|
|
individuals of the receiving party who have had proper access to such
|
|
Confidential Information.
|
|
Notwithstanding anything else in this Agreement, the
|
|
receiving party shall be free to use any Residual Information for any purpose
|
|
whatsoever, including, without limitation, the development of its own products,
|
|
provided that such party shall not be entitled to disclose Residual Information
|
|
to any third parties unless such disclosure is in the course of, or as part of,
|
|
any disclosure of its own products or their development.
|
|
6.
|
|
Each of the parties agrees that it shall treat all Confidential
|
|
Information of the other party with the same degree of care as it accords to its
|
|
own Confidential Information and each of the parties represents that it
|
|
exercises reasonable care to protect its own Confidential Information.
|
|
7.
|
|
Each of the parties agrees that it will not modify, reverse engineer,
|
|
decompile, create other works from, or disassemble any software programs
|
|
contained in the Confidential Information of the other party unless otherwise
|
|
specified in writing by the disclosing party.
|
|
<PAGE>
|
|
|
|
8.
|
|
All materials (including, without limitation, documents, drawings,
|
|
models, apparatus, sketches, designs and lists) furnished to one party by the
|
|
other, and which are designated in writing to be the property of such party,
|
|
shall remain the property of such party and shall be returned to it promptly at
|
|
its request, together with any copies thereof.
|
|
9.
|
|
This Agreement shall govern all communications between the parties that
|
|
are made during the period from the effective date of this Agreement to the date
|
|
on which either party receives from the other written notice that subsequent
|
|
communications shall not be so governed, provided, however that each party's
|
|
obligations under Sections 2 and 3 with respect to Confidential Information of
|
|
the other party which it has previously received shall continue unless and until
|
|
such Confidential Information falls within Sections 4 or 5.
|
|
10.
|
|
Neither party shall communicate any information to the other in
|
|
violation of the proprietary rights of any third party.
|
|
Neither party acquires
|
|
any licenses under any intellectual property rights of the other party under
|
|
this Agreement.
|
|
This Agreement shall be governed in all respects by the laws of
|
|
the United States of America and by the laws of the State of California as such
|
|
laws are applied to agreements entered into and to be performed entirely within
|
|
California between California residents.
|
|
This Agreement may only be changed by
|
|
mutual agreement of authorized representatives of the parties in writing.
|
|
All
|
|
notices or reports permitted or required under this Agreement shall be in
|
|
writing and shall be by personal delivery, telegram, telex, telecopier,
|
|
facsimile transmission or by certified or registered mail, return receipt
|
|
requested, and shall be deemed given upon personal delivery, five (5) days after
|
|
deposit in the mail, or upon acknowledgment of receipt of electronic
|
|
transmission.
|
|
Notices shall be sent to the addresses set forth at the end of
|
|
this Agreement or such other address as either party may specify in writing.
|
|
IN WITNESS WHEREOF, the parties have executed this Agreement in duplicate
|
|
as of the date first written above.
|
|
<TABLE>
|
|
|
|
<S> <C>
|
|
|
|
YAHOO!
|
|
INC.
|
|
--------------------------------------------
|
|
|
|
By: /s/ Matt Rowlen By: /s/ M. J. Fahey
|
|
------------------------------------- ---------------------------------------
|
|
|
|
Printed Name: Matt Rowlen Printed Name: M. J. Fahey
|
|
--------------------------- -----------------------------
|
|
|
|
Title: Manager of Business Development Title: President
|
|
-------------------------------- ------------------------------------
|
|
|
|
Address: Yahoo!
|
|
Address: Lexington, MA
|
|
-------------------------------- ----------------------------------
|
|
|
|
-------------------------------- ----------------------------------
|
|
|
|
-------------------------------- ----------------------------------
|
|
|
|
|
|
|
|
</TABLE>
|
|
|