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Reso 2018-2806
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Reso 2018-2806
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Last modified
6/14/2018 11:23:11 AM
Creation date
5/2/2018 11:51:05 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2018-2806
Date (mm/dd/yyyy)
04/19/2018
Description
Waive Bid Req. & Agmt w/ Econolite for Adaptive Signalization Equipment
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SCHEDULE E AGREEMENT NO, <br /> NON-DISCLOSURE COVENANT <br /> TO: LICENSOR <br /> ECONOLITE CONTROL PRODUCTS,INC. <br /> WHEREAS the Licensor and the Licensee are Parties to a Software Escrow Agreement bearing <br /> No. and dated (mm/dd/yyyy) pursuant to which the Software therein shall be <br /> released to the Licensee by the Escrow Agent,and; <br /> WHEREAS a prior condition of such release is set out In Section 6(d)of the said agreement, namely that the <br /> Licensee must first execute this form of non disclosure covenant and deliver It to the Escrow Agent; <br /> THEREFORE the Licensee covenants as follows for the benefit of the Licensor: <br /> 1. To hold the Software In the strictest of confidence,recognizing that it is a valuable trade secret of the licensor and <br /> that its improper disclosure will cause substantial and irreparable inJury to the Licensor. <br /> 2. To restrict the use of the Software solely and exclusively for the purpose of supporting the Licensee's own <br /> installation or the installations of sub•iicensees If the licensee is an authorized VAR or OEM of the Software,and for <br /> no other purpose whatsoever. Licensee acknowledges that title to the Software shall at all times remain with the <br /> Licensor. <br /> 3. To restrict disclosure of the Software or any part thereof to only those of the Licensee's employees or agents who <br /> have a bona fide need to know,and who have received written notice of the confidential nature of the Software and <br /> have agreed to abide by these restrictions. <br /> • <br /> 4. Other than for back up,not to make any copy,derivation,translation or Imitation of the Software,or to use any of <br /> its algorithms,designs or architecture in producing another program. <br /> S. To fully observe and perform all other obligations which may bind the Licensee under any other agreement, <br /> which exist between it and the Licensor. <br /> LICENSEE:[Company) COPY: <br /> ESCROW AGENT <br /> Authorized Representative Signature Lincoln-ParrySoftEscraw,Inc. <br /> FAX:+1-613.834-1362 <br /> Print Name <br /> Title <br /> Date(mm/dd jyyyy) <br /> Phone Number <br /> Fax Number <br /> Email <br /> hit ua/3 <br /> VA Cc9-19;91 1974.2914 LINCOW-PARRY$OFTESCROW.IHC. <br /> 3121".11-'2.ViAll,to:t4942N. <br /> Ytebste:yita dfV=eon <br />
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