This Agreement is made between TR Las Vegas, LLC/Reel Investment Group, LLC ("Disclosing Party") with offices at 5300 W. Sahara Ave. Ste. 202, Las Vegas, NV 89146 and the party to which an electronic registration was created ("Recipient") and collectively the "Parties".
The Recipient shall include its subsidiaries, affiliates, and parents and their respective directors, officers, employees, or joint ventures.
As an express condition for the Disclosing Party disclosing Confidential Information to the Recipient and in consideration of the mutual promises and covenants herein, it is agreed as follows:
Non-Disclosure and Use of Information. The Recipient upon receipt of Confidential Information (defined in Section 2) shall hold all of its content in strict confidence and shall not disclose any Confidential Information to any third party, including independent contractors and consultants, without the prior written approval of the Disclosing Party, and shall advise such third parties of their obligations of confidentiality and non-disclosure hereunder. The Recipient agrees to restrict disclosure of the Confidential Information solely to its employees and agents who have a need to know such Confidential Information and to advise such persons of their obligations of confidentiality and non-disclosure hereunder. The Recipient agrees to use the Confidential Information only for the purposes of evaluating the possibility of a future collaboration between the Parties and in connection with such future collaboration, if any. The Recipient shall take all reasonable measures to protect the confidentiality and avoid the unauthorized use, disclosure, publication, or dissemination of Confidential Information; provided, however, that such measures shall be no less stringent than measures taken to protect its own confidential and proprietary information. The Recipient agrees that it will not interfere with any business of the Disclosing Party through the use of any Confidential Information acquired hereunder nor use any Confidential Information for its own account. The Recipient acknowledges that the Disclosing Party is neither responsible nor liable for any business decision made by the Recipient in reliance upon any Confidential Information disclosed pursuant hereto.
Confidential Information. "Confidential Information" in this Agreement means all information and any idea in whatever form, tangible or intangible, whether disclosed to or learned by the Recipient, pertaining in any manner to the business of the Disclosing Party or to the Disclosing Party’s affiliates, subsidiaries, consultants or business associates, whether in written, oral, encoded, graphic, magnetic, electronic or in any other tangible or intangible form, and whether or not labeled as confidential by the Disclosing Party or otherwise provided by the Disclosing Party. "Confidential Information" includes, without limitation, the following: (a) schematics, techniques, employee suggestions, development tools and processes, computer printouts, computer programs, design drawings and manuals, and improvements; (b) information about costs, profits, markets and sales; (c) plans for future development and new product concepts; and (d) all documents, books, papers, drawings, models, sketches, and other data of any kind and description, including electronic data recorded or retrieved by any means, that have been or will be given to Recipient by the Disclosing Party, as well as written or verbal instructions or comments.
Within ten (10) days following either a request from the Disclosing Party or the completion of business dealings between the Parties hereto, the Recipient will deliver to the Disclosing Party all tangible copies of the Confidential Information, including but not limited to magnetic or electronic media containing the Confidential Information, note(s) and paper(s) in whatever form containing the Confidential Information or parts thereof, and any copies of the Confidential Information in whatever form. The Disclosing Party, at is sole option, may request in writing that the Recipient destroy all copies of the Confidential Information. If the Disclosing Party requests that such Confidential Information be destroyed, the Recipient will destroy all Confidential Information and, within ten (10) days of the notice from the Disclosing Party to the destroy the Confidential Information, will certify in writing to the Disclosing Party that the Confidential Information has been completely destroyed.
Non-circumvention. For twenty-four (24) months after the effective date of this Agreement, the Recipient and its officers and directors, separately and individually, will not make any effort to circumvent the terms of this Agreement in an attempt to gain the benefits or considerations granted to it under the Agreement by taking any actions to directly or indirectly gain the benefits of the Confidential Information, including but not limited to contracting directly with any client of the Disclosing Party having been identified as having access to Confidential Information, or hiring or contracting with any present or future employee or independent contractor of Disclosing Party. Regarding any real property located within those boundaries specified in Section 8, Recipient hereby covenants, acknowledges and agrees to not personally or cause any other entity or individual to: (i) contact any real property owner or tenant; (ii) attempt to purchase, lease or encumber any real property; or (iii) joint venture with any other entity who will purchase or has purchased any real property without the prior written consent of Disclosing Party.
Remedies. The Recipient agrees that the unauthorized disclosure, use of Confidential Information, or violation of this Agreement will cause irreparable harm and significant injury, the amount of which may be extremely difficult to estimate, thus, making any remedy at law or in damages inadequate. Therefore, the Recipient agrees that the Disclosing Party shall have the right to apply to any court of competent jurisdiction for an order restraining any breach or threatened breach of the Agreement and for any other relief the Disclosing Party deems appropriate. This right shall be in addition to any other remedy available to the Disclosing Party in law or equity.
Ownership of the Information. Disclosing Party hereto retains title to its respective Confidential Information and all copies thereof. The Recipient hereby acknowledges that the Confidential Information is proprietary to the Disclosing Party and represents that it has no agreement with any other party that would preclude its compliance with this Agreement.
Survival. The Recipient's duty of confidentiality under this Agreement regarding the Confidential Information shall survive the termination of this Agreement.
General. This Agreement shall be binding upon and for the benefit of the Parties and their respective successors and assigns. Failure to enforce any provision of this Agreement shall not constitute a waiver of any term hereof. This Agreement supersedes and replaces any existing agreement entered into by the Parties relating generally to the same subject matter, and may be modified only in writing signed by the Parties. This Agreement contains the entire agreement between the Parties with respect to the subject matter hereof, and shall be governed by the laws of the State of Nevada without giving effects to the conflicts of law principles hereof.
Specificity- All or part of:
Approximate +/-56 Net Acre development parcel located in Las Vegas, NV. The property is bordered by Main Street to the east, Charleston Boulevard to the north, UPRR to the west, and Wyoming Avenue to the south.
Approximate +/- 80 Net Acre development parcel located in Las Vegas, NV. The property is bordered by Las Vegas Boulevard & Main Street to the east, Wyoming Avenue to the north, Industrial Road to the west, and Sahara Avenue to the south.
By checking the box listed in the registration section of the website you affix your electronic signature upon this Agreement and agree to be bound to its terms and conditions.