EVALUATION AND CONFIDENTIALITY AGREEMENT INTRODUCTION This Evaluation and Confidentiality Agreement (the "Agreement") is entered into between *Inventor's name* and *recipient name* The parties contemplate *Disclosing Party* will disclose Confidential Information (as defined below) to *Recipient*, and they have entered into this Agreement to define the rights and duties of the parties concerning such disclosure. 1 Definition of Confidential Information As used in this Agreement, "Confidential Information" shall mean: 1.1 Disclosing Party's invention, *Invention TITLE*, *Invention Description*, including drawings, functionality, concept, processes, internal structure, design, external elements, user interface, technology, documentation, and information relating to markets, costs, prices and all other aspects of business operations concerning such product(s). 1.2 Information disclosed by Disclosing Party to Recipient regarding *Invention description*. 1.3 All other information that relates to Disclosing Party's products, designs, operations, plans, opportunities, finances, research, technology, developments, know-how, personnel, or any third party confidential information disclosed to Recipient; and 1.4 The terms and conditions of this Confidentiality Agreement, and the existence and content of the discussions between Recipient and Disclosing Party. 1.5 However, "Confidential Information" shall not include information (a) already lawfully known to Recipient, (b) disclosed in published materials, (c) generally known to the public or (d) lawfully obtained from any third party. 2 Nondisclosure and Nonuse of Confidential Information 2.1 Recipient acknowledges that Confidential Information is proprietary and trade secret information of the Disclosing Party. 2.2 Recipient shall not disclose Confidential Information to ANYONE. 2.3 Recipient shall not disclose Confidential Information to any consultant or independent contractor. 2.4 Recipient shall safeguard Confidential Information with reasonable security means at least equivalent to measures that it uses to safeguard its own proprietary information. Recipient shall store Confidential Information in a safe and secure location. 2.5 Recipient may not remove copyright, trademark, trade secret, confidentiality, and patent notices from Confidential Information. 2.6 Recipient agrees to receive and use Confidential Information solely for evaluation purposes related to its discussions with Disclosing Party. Recipient may not use Confidential Information for any other purpose, and in particular, may not use it for the purpose of developing products based on concepts, functions, or operations like those disclosed in Confidential Information. 2.7 Recipient agrees not to use Confidential Information for its own or any third party's benefit at any time. 3 No Rights in Confidential Information 3.1 Nothing herein grants the Recipient any right in Confidential Information. 4 No Warranty 4.1 ALL CONFIDENTIAL INFORMATION IS PROVIDED "AS IS," WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND. 5 Equitable Relief 5.1 Recipient hereby acknowledges that unauthorized disclosure or use of Confidential Information will cause immediate and irreparable harm to Disclosing Party. Accordingly, Disclosing Party will have the right to seek and obtain preliminary and final injunctive relief to enforce this Agreement in case of any actual or threatened breach, in addition to other rights and remedies that may be available to Disclosing Party. 6 General Provisions 6.1 This Agreement constitutes the entire agreement of the parties concerning disclosure of Confidential Information and supersedes all prior or contemporaneous oral or written agreements concerning this subject. 6.2 This Agreement may not be assigned by the Recipient and its obligations under this agreement may not be delegated. 6.3 This Agreement is binding on the successors and assigns of the Recipient and inures to the benefit of the Disclosing Party's successors and assigns. 6.4 This Agreement may be amended only by a writing signed by both parties. 6.5 This Agreement will be governed by the substantive laws of the State of Texas. 6.6 This Agreement is effective as of the date signed by the Recipient. Agreed to by the parties: [Name of Disclosing Party] By: [Signature] [Printed Name and Title] Date: Recipient: Company: By: [Signature] [Printed Name and Title] Date: