In order to facilitate payment of the fee, Bractea shall provide to the Company its Goods and Services Tax registration number. All payments to Bractea pursuant to this agreement shall be subject to Goods and Services Tax.
10. | Bractea and any of its employees acknowledge that in the course of carrying out, performing or fulfilling the services under this agreement and appointments made hereunder, it will have access to and will be entrusted with details, trade secrets, proprietary and confidential information of the Company. Bractea further acknowledges that the disclosure of such details, confidential information and trade secrets to competitors of the Company, or to the general public, will be highly detrimental to the interests of the Company. Bractea further acknowledges that all such confidential information, samples, products and other property of the Company utilized by Bractea is the exclusive property of the Company, and that such property is held by Bractea in trust for the sole and exclusive benefit of the Company. |
Bractea or any of its employees shall not disclose any secret or confidential information, or information which in good faith and good conscience ought to be treated as confidential, of which Bractea have become aware in the course of its relationship with the Company, its employees, its suppliers, or its customers, at any time during the currency in this agreement and appointments made hereunder, or at any time thereafter.
For the purposes of this Section 10, trade secrets, proprietary and confidential information shall include that information which relates to the Company and its past, present, and future business and business activities, and which information is either identified to Bractea by the Company as being such information or that a reasonable person would understand to be such information. Such information includes, but is not limited to trade or business secrets, consulting, sales and mining methods and techniques and operating and marketing systems.
Bractea acknowledges and agrees that in the event of a breach of the covenant, provisions and restrictions contained in this Section 10, the Company shall be entitled to obtain from any court of competent jurisdiction, interim and permanent injunctive relief and an accounting of all profits and benefits arising out of such breach, which rights and remedies shall be cumulative, and in addition to any other rights or remedies to which the Company may be entitled.
Bractea agrees that all covenants, provisions and restrictions in this Section 10 are reasonable and valid in the context of Bractea’s relationship with the Company, and Bractea hereby waives all defences to the strict enforcement thereof by the Company. Bractea further acknowledges that any confidential information developed during the currency of this agreement and appointments made hereunder is and shall remain the property of the Company.
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11. | This agreement constitutes the entire agreement between the parties concerning these matters and it supersedes any and all previous agreements, arrangements or understandings between the parties. |
We look forward to a mutually rewarding relationship.
| | Yours truly, |
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| | NORTHWESTERN MINERAL VENTURES INC. |
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| | Per: | |
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