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WHEREAS:
__________________ is executing the project _____________________________________________________ and has subcontracted the
_______________________________ to _________ (Subcontract No: ________________) vide ref: __________________ dated ____________;
In connection with aforesaid __________ WORKS, it may be necessary that the parties disclose certain information to the other party on a confidential
basis. The party disclosing certain information shall be identified as the "Discloser", and the party receiving certain information shall be identified as the
"Recipient" with regard to such information, each of them a "Party" or both jointly the "Parties".
1. Recipient shall treat as confidential and safeguard the information
the same manner and to the same degree that it protects its own
Agreement.
8. This Agreement is not intended to, and does not obligate either party
capital.
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16. This Agreement and the obligations hereunder, shall be binding upon
Confidential Information and the Discloser disclaims any and all liability
the parties hereto, their successors, and their permitted assignees. Neither
party may transfer or assign any of its rights or obligations under this
Agreement without the prior written consent of the other (which consent
17. This Agreement is solely for the benefit of the parties and their
respective successors and permitted assigns, and this Agreement shall
10. Neither party nor its affiliates shall, during the effectiveness of this
not otherwise be deemed to confer upon or give to any other third party
right.
employee subject to the Transaction provided that the foregoing shall not
prohibit a party or its affiliates from making a general advertisement to
the public, nor prohibit a party or its affiliates from employing any such
shall not affect any other part or aspect of this Agreement, and this
general advertisement.
Agreement shall remain in full force and effect pursuant to its terms,
minus the Challenged Provision, unless such severance would invalidate
the Parties agree to use best efforts to achieve the same result as was
such disclosure where time permits and, upon Discloser's request take
reasonable steps to obtain an order protecting the Confidential
19. All notices (which term shall include all demands and claims) to a
party shall be in writing and sent to its address set forth at the beginning
of this Agreement or to such other address it may provide the other party
or time the recipient is not open for business, in which case it will be
deemed received on the next day the recipient is open for business.
Discloser agrees to indemnify the Recipient for all costs reasonably and
properly incurred in connection with following such instructions.
22.
party for all damages, costs and related expenses reasonably incurred in
accordance with the federal laws of the United Arab Emirates and the
and provided always that it has not acted fraudulently or with intentional
misconduct, each party will not be liable (to the fullest extent permitted
amicably within sixty (60) calendar days from the notification by one
negligence) or any other legal principle for (i) any loss of profit, use,
three (3) arbitrators appointed in accordance with the said Rules. The
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one and the same instrument. Upon execution by the parties, this
Signature:
Printed name:
Signature:
Printed name:
Signature:
Printed name:
Signature:
Printed name:
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