100% found this document useful (1 vote)
458 views2 pages

CONFIDENTIALITY AGREEMENT With Meralco

The document is a confidentiality agreement between Manila Electric Company and Sorosoro Ibaba Development Cooperative. It outlines the terms for protecting confidential information shared between the parties, including holding information in strict confidence, not disclosing to third parties, not reproducing or using for other purposes, and returning information upon request or termination of the relationship.

Uploaded by

Howard Untalan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
458 views2 pages

CONFIDENTIALITY AGREEMENT With Meralco

The document is a confidentiality agreement between Manila Electric Company and Sorosoro Ibaba Development Cooperative. It outlines the terms for protecting confidential information shared between the parties, including holding information in strict confidence, not disclosing to third parties, not reproducing or using for other purposes, and returning information upon request or termination of the relationship.

Uploaded by

Howard Untalan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

CONFIDENTIALITY AGREEMENT

KNOW ALL MEN BY THESE PRESENT:

This Confidentiality Agreement is made between MANILA ELECTRIC COMPANY


(MERALCO) and SOROSORO IBABA DEVELOPMENT COOPERATIVE (SIDC) this ______
day of ______________, 2020:

MANILA ELECTRIC COMPANY will perform services for SIDC which may require
SIDC to disclose confidential and proprietary information ("Confidential Information") to
MANILA ELECTRIC COMPANY. (Confidential Information is any information of any
kind, nature, or description concerning any matters affecting or relating to Employee's services
for MANILA ELECTRIC COMPANY, the business or operations of SIDC, and/or the
products, drawings, plans, technology, processes, software, formulas or other data of SIDC.
Accordingly, to protect the SIDC Confidential Information that will be disclosed to MANILA
ELECTRIC COMPANY, MANILA ELECTRIC COMPANY agrees as follows.

A. MANILA ELECTRIC COMPANY will hold the Confidential Information received


from SIDC in strict confidence and shall exercise a reasonable degree of care to
prevent disclosure to others and that MANILA ELECTRIC COMPANY will be
compliant to the mandate set forth under the Data Privacy Act of 2012.

B. MANILA ELECTRIC COMPANY will not disclose or divulge either directly or


indirectly the Confidential Information to others and information that SIDC is his
client to any third person unless first authorized to do so in writing by SIDC;

C. MANILA ELECTRIC COMPANY will not reproduce the Confidential


Information nor use this information commercially or for any purpose other than the
performance of his duties for SIDC;

D. MANILA ELECTRIC COMPANY will, upon the request or upon termination


of his relationship with SIDC, deliver to SIDC any technology, software, formula,
drawings, notes, documents, equipment, and materials received from SIDC or
originating from its activities for SIDC.

E. SIDC shall have the sole right to determine the treatment of any information that
is part or project specific, including the right to keep the same as a trade secret, to use
and disclose the same without prior patent applications, to file copyright registrations
in its own name or to follow any other procedure as SIDC may deemed appropriate.

F. SIDC reserves the right to take disciplinary action, up to and including termination
for violations of this agreement.

Signing below signifies that the parties agrees to the terms and conditions of the agreement stated above.
____________________________________________ ______________________
HON. RICO B. GERON
SOROSORO IBABA DEVELOPMENT COOPERATIVE MANILA ELECTRIC COMPANY

Signed in the presence of:

______________________ _______________________

ACKNOWLEDGEMENT

Republic of the Philippines )


City of _________________ ) S.S

BEFORE ME, personally came and appeared this _____ day of ___________, 2020:

Name CTC Number Date/Place Issued


HON. RICO B. GERON 08460202 January 4, 2020/Batangas City
________________ ___________ __________________

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of two (2) page/s, including the page on which this acknowledgement is
written, has been signed on each and every page thereof by the concerned parties and their witnesses, and
sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

NOTARY PUBLIC

Doc. No._______;
Page No. ______;
Book No.______;
Series of 2020.

You might also like