Here is the question in regards XXXXX XXXXX enclosed non-circumvent issue. I have signed this agreement with a company that is a rep for the parent company
. I was not aware of who the parent company was however I did discover the company through my own research on the internet-I seek to enter into an agreement with the other company for the main reason that the other company has been non-responsive for the past 6 weeks to calls e-mails etc and they also did not inform me of a variety of regulatory requirements. I have not transacted any business
with the current entity. If I terminate the existing agreement in writing. Do I have exposure if I incorporate a new company and enter into a new agreement with another company in the industry based upon the schedule B non circumvent?
In order to assist both parties, their officers, directors, employees, agents and/or associates, (hereinafter “USPC”), and (hereinafter “Group”) will furnish certain information and materials (herein the “Confidential Information”) related to each other. Both parties agree to the terms and conditions set forth herein governing the confidentiality of certain information that each is furnishing to the other. Confidential Information includes, but is not limited to, all proprietary data, trade secrets, methods of operations, marketing or operational business strategies and techniques, planned or projected company activities or forecasts, professional providers, individual and corporate contacts, customer lists and other confidential business information, in whatever form, transmitted between Group and USPC. Confidential Materials mean all tangible materials containing Confidential Information, including without limitation, documents and computer disks or tapes, and which material shall be deemed to be confidential or proprietary.
of receiving said Confidential Information and/or Confidential Materials, Group and USPC hereby agree that during the pendency of this Marketing Agreement, and for as long as commissions are being paid under this Agreement, or for two years thereafter, whichever shall last occur:
Neither party will use for any purpose (except to fulfill the purposes of the Agreement), or disclose to any third person or party, any portion of the Confidential Information and/or Confidential Materials of the other party.
Neither Group nor USPC will solicit the clients, customers, providers and/or other contracted parties of the other party, except for those parties contracted prior to the signing of the Agreement. Both parties agree that such action would interfere with or damage USPC’s or Group’s relationship with its respective clients and/or providers.
Upon any termination of the Agreement, to return promptly, as soon as practical, all copies of Confidential Materials of the other party.