Wholesale Properties: Wholesale Property Listings on Action Investor Network.

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Wholesale Properties: Wholesale Property Listings on Action Investor Network.


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CONFIDENTIALITY AGREEMENT
In connection with the consideration of a possible business relationship (the "Transaction") between Action Investor Network, Inc.. and member each party will have access to certain business and technical Confidential Information (as defined below) of the other party.  In consideration of and as a condition of a party (the "Disclosing Party") furnishing access to its Confidential Information, the other party (the "Receiving Party"), agrees as follows:
1. CONFIDENTIAL AND PROPRIETARY NATURE OF THE INFORMATION.
The Receiving Party acknowledges the confidential and proprietary nature of the Confidential Information and agrees to hold and keep the Confidential Information confidential and protected as provided in this letter agreement.
2. CONFIDENTIAL INFORMATION.
The term "Confidential Information" means and includes any and all trade secrets and other matters concerning the business and affairs of the Disclosing Party and provided to the Receiving Party, including but not limited to: product specifications, data, know-how, formulae, compositions, processes, designs, sketches, graphs, drawings, samples, inventions, research and development, manufacturing or distribution methods and processes, customer lists, current and anticipated customer requirements, price lists, market studies, business plans, computer software and programs (including object code and source code), computer software and database technologies, systems, structures and architectures, know-how, discoveries, concepts, ideas, designs, methods and information, that is marked as confidential or, if orally disclosed, is designated as confidential at the time of disclosure.
3. RESTRICTED USE OF CONFIDENTIAL INFORMATION.
The Receiving Party agrees that the Confidential Information (a) will be kept confidential by the Receiving Party and its representatives and (b) without limiting the foregoing, will not be disclosed to any person except with the specific prior written consent of the Disclosing Party or except as expressly otherwise permitted by the terms of this agreement.
It is understood that the Receiving Party may disclose Confidential Information only to those of its representatives who (i) require such material for the purpose of evaluating the Transaction and (ii) are informed of the confidential nature of the Confidential Information and the obligations of this agreement.  The Receiving Party further agrees that it or its representatives will not use any of the Confidential Information for any reason or purpose other than to evaluate and negotiate the Transaction.
All of the foregoing obligations and restrictions do not apply to that part of the Confidential Information that (A) was or becomes generally available to the public other than as a result of a disclosure by the Receiving Party or its representatives: (B) was available, or becomes available, to the Receiving Party on a non-confidential basis prior to its disclosure by the Disclosing Party, or (C) any information that was independently developed by the Receiving Party.
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