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