[Type text]
NON CIRCUMVENTION NON DISCLOSURE AND CONFIDENTIALITY
AGREEMENT
This Agreement (the “Agrcement”) is made and entered into as of 12! Dee. 2015 (the “Effective
Date”) by and between:
Alutee Ine (World Hydrogen Energy, LLC (“ALUTEC/WHE"), a corporation of the Si
of
New York having its principal place of business at 8-08 48" Street, Maspeth, New York 11378:
Prospur Events & Promotions Pvt Ltd. (“PEP Pvt Ltd”) an event management company, having
its principal place of business at ——_A-92B, 3rs Floor, Lajpat Nagar, New Delhi ~ 110024,
WHEREAS. WHE has developed a process for producing hydrogen from sewage sludge
which concomitantly improves the perform
se of sewage treatment plants and reduces the amount
of effluent sludge (the “WHE Process”);
WHEREAS. WHE has issued patents and pending patent applications in the United States
and has conducted pilot plant operations and has had its process validated by consulting en
WHEREAS. ALUTECWHE wishes to exploit its technology by issuing patent and
technology licenses to qualified companies who will practice its technology:
WHEREAS. ALUTEC/WHE WISHES TO OBTAIN USTDA SUPPORT FOR THE
FINANCING GF ITS TECHNOLOGY SALES AMD MARKETING EFFORT IN INDIA AND
ABROAD:
Now THEREFORE, the parties agree as follows:
Purpose of Agreement
1. ‘The purpose (“Purpose”) of this Agreement is to enable exchange of Confidential
Information relating to the ALUTEC/WHE Process between the parties, in order to allow and
assist Prospur Events & Promotions Pvt Ltd to evaluate the ALUTEC/WHE Process.[Type text]
Defi
2. Confidential information (Confidential Information”) to be disclosed under the terms of this
Agreement rela n from digested sewage sludge. elimination of
es to production of hydro:
andlor
methane. avceleration in sludge digestion and reduction in sludge volume by introduein
applying the ALUTEC/WHE Process in the sewage sludge treatment process
Exchange of Confidential Information
3 fa) ALUTEC fential Information from
/WHE may receive Co!
Prospur Events & Promotions Pvt Lid
(b) Prospur Events & Promotions Pvt Ltd may receive Confidential Information from
ALUTEC/WHE,
(e) The amount of Confidential Information to be disclosed is entirely in the
he disclosing party
{d) Prospur Events & Promotions Pvt Lid may provide the Confidential Information
to employees of one or more of its Affiliates provided that
(i) those employees are under obligations of
onfidentiality and non:
to the Affiliate at least as restrictive ay those imposed by this
Agreement:
ii) Prospur Events & Promotions Pvt Ltd informs its AMI
Agreement: and
(iii) Prospur Events & Promotions Pvt Ltd informs ALUTEC/WHE of the
name of the Affitiates(s) to which the Confidential Information is,
disclosed.
For the purposes of this Agreement, “Affiliate” shall mean any entity that directly or indirectly
controls, is controlled by or is under common control with Prospur Events & Promotions Pvt Ltd{Type text]
ties to this Agreement further confirms that_no information co inthe
ALUTEC/WHE-LLC project and jed_to the USTDA shall be
is contract application suby
used_by any one party participating in this project with
the express
proval in writing
on to obiai
from Alutee WHE —LLC per 1 the use of such contracts from the
USTD.
4, The party receiving Confid
tial Information (a) shall exercise reasonable care to prevent
its
(b) shall restrict its use Purpose and (c) shall limit disclosure
Confidential Information withi the need 10
its organization to individuals whose duties just
know
such information, who have a clear understandiny
of the obligations of this Agreement and
who are legally obligated to comply with the terms of this Agreement, “The receiving party
will advise its employees who are to have access to Confidential Information of their
ion under the terms of this Agreement
on Use of Confidential Informat
Agreement does not grant any right or license, express or implies, to use Confidential
Information or any information derived thy
om. except for the Purpose. nor any right oF livense
express or implied, under any patent, nor any right t0 purchase, distribute or sell any product
rent _does not
Further, this Agree site any relationship. betwe
the parties beyond the
Purpose. The receiving party shall not disclose any Confidential Information of the disclosing party
in publications, patent applications, or papers submitted to any patent office, without prior approval
of the disclosing pa
Representations and W i
6. The disclosing party makes no representations or warranties whatsoever in regard to the
Confidential Inform: nties, includin
any warranties. of
ion provided, and all implied warm
suitabil
iy for use, are expressly excluded from this Agr
Use by the receiving party of[Type text]
Confidential Information shall be solely at its own risk and the disclosing party shall not be liable
for any damage resulting from inaccuracy, incorrectness. unsoundness, and/or unreliability in the
use thereof
1 ether OI ony
7. As a result of the Agree!
neither Prospur Events & Promotions Put Ltd nor
ALUTEC/WHE is under any obligation to enter into any other Agreement or any business
relationship with the other; and either party can decline, for any or no reason, to enter into any such
other Agreement or other relationship.
8. Te ars from the Effective
ons This Agreement shall terminate five (5) y
Date (the “Term”), Either
party may terminate the Agreement on one (1) month notice for any reason. Notwithstanding the
foregoing, all obligations already accrued, shall remain in full foree until the Ferm,
c Las
9. This Agreement shall be governed by and construed in accordance with the laws of the
Union Territory of India
Dispute Resol
10, Any dispute that cannot be resolved amicably betwee ally be settled by
ition in the Supreme Court of India under the provisions of the Arbitration and Conciliation
(Amend
Mt) Ordinance 2015 which provides for the Amendments to the Arbitration and
Conciliation Act, 1996,
Notices
11, Notices shall be given in writing. by facsimile, courier or first class. certified mail, effective
Alutcc/WHE sent, to the parties at their addresses given above, Any notice by Prospur Events &
Promotions Pvt Ltd to ALUTEC/WHE shall be directed to:
Mr. Asim Chandra Bose
Facsimile No, in US: 1-718-628-5142[Type text]
Any notice by ALUTEC/WHE to Prospur Events & Promotions Pvt Ltd shall be directed to:
Mr. Sunil Bangwal
At: A 92 B, 3" Floor,
Lajpat Nagar, New Delhi - 110024
Email: sunil@prospurevents.com
ement betwee!
12, No Prior Agreement This Agreement contains the entire a
the parties
concerning the Confidential Information and no mod
tion of this Agreement or waiver of
the terms and conditions hereof shall be binding upon wither of the parties hereto, unless
Name: Sunil Bangwal
Title: Director
Date:
2015
ALUTEC/WORLD HYDROGEN ENERGY, LLC
By
Name: Asim € Bose
Title: Di
Date