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ADDENDUM B
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NON-DISCLOSURE/CONFIDENTIALITY AGREEMENT
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This agreement is effective as of March 10, 1997 by and between Delta Steel,
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Inc., a Texas corporation, hereafter referred to as "Delta" or "party", and FWT,
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Inc., a Texas corporation, hereafter referred to as "FWT" or "party".
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WITNESSETH:
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1.0 Both parties understand the nature and character of this Agreement, and
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intend for this to be a fully binding agreement.
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The parties may use all legal
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means at their disposal to enforce this Agreement.
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Reference to Delta and FWT
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includes any subsidiary, affiliated or parent companies, and the directors,
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officers, employees, agents, representatives and contractors of the respective
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companies.
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1.1 "Period of Affiliation", as used below, refers to the period of the
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business relationship between the parties under the Cooperative Production
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Agreement dated March 10, 1997.
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1.2 Consideration for compliance with this Agreement is the opportunity to
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work under the aforementioned Cooperative Production Agreement and any
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remuneration in any form agreed to by the parties.
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This Agreement is intended to
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extend beyond the Period of Affiliation.
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2.0 Both parties agree that its representatives and employees will not at any
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time, either during or subsequent to the Period of Affiliation, either directly
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or indirectly, disclose to others or use any secret, confidential or proprietary
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information and know-how of the other party (whether or not developed by the
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other party) without that party's written consent.
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The term "secret,
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confidential or proprietary information and know-how" shall include, but shall
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not be limited to, company plans, customers, costs, programs, prices, computer
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programs and methods used, developed, investigated, made or sold, at any time,
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either before or during the parties' Period of Affiliation.
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2.1 Salary and compensation information is considered confidential and
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proprietary information, and is fully subject to the disclosure restrictions of
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this Agreement.
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3.0 The rights and obligations of the parties hereto shall be construed under
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the laws of the State of Texas and shall be binding upon the heirs, legal
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representatives and assigns with respect to the subject matter thereof.
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No
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changes to this Agreement shall be effective unless made in writing and executed
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by both parties.
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DELTA STEEL, INC. FWT, Inc.
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P.O.
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Box 2289 P.O.
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Box 8597
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Houston, TX 77252 Fort Worth, TX 76124
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BY: /s/ R. A. EMBRY BY: /s/ T. W. MOORE
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----------------------- --------------------------
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TITLE: PRESIDENT TITLE: PRESIDENT
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-------------------- -----------------------
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DATE: 3/10/97 DATE: 3/31/97
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