Office of Sponsored Programs University of Virginia P.O. Box 400195 Charlottesville, VA 22904-4195 (434) 924-4270 * Fax (434) 982-3096 NON-DISCLOSURE AGREEMENT For Unilateral Disclosures by University to Company THIS Agreement, entered into by and between The Rector and Visitors of the University of Virginia, a not for-profit educational institution of the Commonwealth of Virginia located at 1001 North Emmet Street, Charlottesville, Virginia 22903, through its employee __________ (“University”), and _____________, a for-profit [state] corporation with principal place of business at ________________ (“Company”), is for the purpose as hereinafter set forth. WHEREAS the parties intend to engage in discussions concerning the establishment of a research relationship between them. In the course of such discussions, it is anticipated that University may disclose certain of its Confidential Information for the purpose of enabling Company to evaluate further the desirability of entering into such a relationship (“Disclosure”). The parties have entered into this Agreement in order to assure that their Confidential Information will be protected from disclosure or misuse in accordance with the terms of this Agreement. THEREFORE, in consideration of the promises and mutual covenants contained herein, the parties agree as follows: 1. As used herein, “Confidential Information” includes, but is not limited to, devices, inventions, processes, compilations of information, records, specifications, information relating to the University’s patents, systems, formulas, processes, procedures, manuals, confidential reports, sponsors, research projects and prospective research projects, strategies, the equipment and methods used by the University, and any other confidential information disclosed or made available during the term of this Agreement, regardless of whether such information or materials are specifically designated as confidential. 2. Company agrees to safeguard the confidentiality of the Confidential Information using at least the same degree of care it exercises in protecting its own confidential information, and it further shall not use any such Confidential Information for any purpose except for evaluating a possible relationship with University. Company further agrees to disclose the Confidential Information only to its employees with a need to know such information for the purposes contemplated by this Agreement, and shall inform such employees of its obligations under this Agreement. Company shall allow its employees to reproduce the Confidential Information only to the extent necessary to effect the purposes of this Agreement, with all such reproductions being considered Confidential Information. 3. Company agrees not to disclose or permit the disclosure of Confidential Information to third parties without the prior written consent of University, and without each such third party having entered into a written confidentiality agreement in a form approved by University. 4. The obligations of confidentiality set forth in this Agreement shall not apply to the extent that Company can demonstrate that any Confidential Information: (a) has been published or is otherwise generally known at the time of Disclosure; UVAOSP-3.3 OUT [Rev. 5/03] 1 (b) becomes published or otherwise generally known after Disclosure, other than in violation of this Agreement; (c) was in the possession of Company at the time of Disclosure and was not acquired directly or indirectly from University; (d) was received after the time of Disclosure from a third party who did not require such Confidential Information to be held in confidence and who did not acquire such Confidential Information directly or indirectly from University under an obligation of confidence; or (e) was developed independently by Company without the aid or benefit of University’s Confidential Information. 5. Company agrees that University is and shall remain the exclusive owner of the Confidential Information and all patent, copyright, trademark, trade secret, and other intellectual property rights in such Confidential Information. No option, license, or conveyance of such intellectual property rights to Company is granted or implied under this Agreement. If any such intellectual property rights are to be granted to Company, such grant shall be expressly set forth in a separate written instrument. 6. Unless sooner terminated, this Agreement shall remain in effect for a term of twelve months from the effective date of this Agreement. 7. This Agreement shall terminate prior to the expiration of the twelve months term if either party decides not to enter into a relationship with the other party, and such other party receives written notice to that effect. 8. Upon termination of this Agreement, or at any time at the request of University, Company shall return to University all originals and/or copies of documents, materials, and other tangible manifestations of Confidential Information in the possession or control of Company. 9. The obligations of confidentiality contained herein shall survive termination of this Agreement either until said Confidential Information becomes part of the public domain by publication or otherwise, not due to any unauthorized act or omission on the part of Company, or for a period of three (3) years following termination of this Agreement, whichever occurs first. The obligation to return all Confidential Information shall survive until such time as all such Confidential Information has been returned to University. 10. Miscellaneous. (a) Any notice required to be given under this Agreement, and any invoice, payment, or communication associated with the performance of this Agreement shall be deemed made, if delivered either to the address given below or to such other address as may hereafter be specified in writing by the parties: If to [company name]: If to University: ____________________ ____________________ ____________________ ____________________ ____________________ Phone: ______________ Fax: ________________ Email: ______________ Michael G. Glasgow, Jr. Office of Sponsored Programs University of Virginia P.O. Box 400195 Charlottesville, VA 22904-4195 Phone: _________________ Fax: ___________________ Email: _________________ Notice shall be deemed to have been made, if by hand upon the date so delivered; if by registered or certified mail, postage prepaid and return receipt requested, upon third day after deposit in the United States mail; if by express currier service on the date actually delivered; and if by facsimile upon receipt. UVAOSP-3.3 OUT [Rev. 5/03] 2 (b) This Agreement may not be modified, amended, or discharged, in whole or in part, except by an agreement in writing signed by both parties. (c) This Agreement will be binding upon and inure to the benefit of the parties and their respective successors and assignees. (d) This Agreement is made under, and shall be construed in accordance with, the laws of the Commonwealth of Virginia. Any legal action involving this Agreement will be adjudicated in the Commonwealth of Virginia. (e) This Agreement supersedes all prior agreements, written or oral, between the parties relating to the subject matter of this Agreement. (f) Neither party shall use the name of the other party in any advertising or publicity material or make any form of representation or statement which would constitute an express or implied endorsement of any commercial product or service, and that it shall not authorize others to do so, without first having obtained written permission from the other party. (g) Each paragraph and provision of this Agreement is severable from the entire Agreement; and if any provision is declared invalid, the remaining provisions shall nevertheless remain in effect. (h) This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same document. This Agreement may be executed by Facsimile. The parties agree that Facsimile copies of signatures have the same effect as original signatures. (i) Any modifications or additions to this Agreement must be negotiated and approved through the Office of Sponsored Programs, P.O. Box 400195, Charlottesville, Va. 22904-4195 (phone: 434-924-4270; fax: 434-982-3096). [Remainder of page intentionally left blank.] UVAOSP-3.3 OUT [Rev. 5/03] 3 IN WITNESS THEREOF, the parties hereby cause this Agreement to be executed by their duly authorized representatives effective as of the date of the last signature below. THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA By:__________________________ Gerald J. Kane Director of Grants and Contracts Office of Sponsored Programs By:__________________________ Authorized official Date:__________________________ Date: __________________________ I have read and understand the terms and conditions contained herein: By: _______________________ University Disclosing Party Date: _______________________ [This Agreement, if unaltered, has been approved for use by the University of Virginia Office of Sponsored Programs on June 6th, 2003, by the University’s Office of General Counsel and Office of Risk Management.] UVAOSP-3.3 OUT [Rev. 5/03] 4