VITAMIN A FORTIFIed PEANUT BUTTER - The Official Website of ...

CONFIDENTIALITY AGREEMENT
This Agreement made and entered into this ________ day of ___________ 1998, by and between
(Industry Collaborator), a corporation duly organized and existing under the Laws of the Philippines with
office address at ___________________, represented herein by its duly authorized representative,
_________________ (hereinafter referred to as “_______”)
And
Food Development Center, a government agency under the National Food Authority with office address
at FTI Complex, Taguig, Metro Manila, represented herein by its duly authorized representative, Dr.
Alicia O. Lustre (hereinafter referred to as FDC) and the University of the Philippines, College of Home
Economics represented herein by Dr. Flor Crisanta F. Galvez (hereinafter referred to as UPCHE)
WITNESSETH: That
1. _______, as industry collaborator in the Peanut Collaborative Research Support Program (Peanut-
CRSP) is the owner of all “confidential information” made available by NFPI to FDC and
UPCHE regarding the manufacture and production of ________ brand peanut butter.
Confidential information shall mean product specification, formulas, trade secrets and other
confidential and proprietary information originally owned by ______ and disclosed to FDC and
UPCHE. It does not include information developed during the conduct of the research. Such
information produced by this project shall be termed R&D information and shall remain
confidential and for the exclusive use of ______ for one year.
2. ______ is willing to disclose confidential information to FDC and UPCHE for certain limited
purposed and provided the same is held in strict confidence by the latter.
3. FDC and UPCHE acknowledge and agree that the Confidential information is the property of
NFPI and it includes valuable trade secrets of the latter such that any disclosure or unauthorized
use thereof will cause irreparable harm and loss to the owner.
4. FDC and UPCHE acknowledges and agrees to keep Confidential information in strict confidence
and undertake to do the following obligations:
A. FDC and UPCHE shall use the confidential information for the sole purpose of the Peanut
CRSP project as stated in the proposal signed and conformed to by ______ representative.
Proposal I: Quality (color and oil dispersion stability) improvement
for local unstabilized peanut butter.
Proposal II: Vitamin A enriched peanut butter
B. FDC and UPCHE shall not disclose any confidential information directly and indirectly to
any third party, or use the same to another’s benefit without the prior written consent of
________.
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