Nda - TSC
Nda - TSC
BASIS BAY SERVICES MSC SDN BHD (Company No: 740976-W), with its business address at No.6, Jalan Pengacara U1/48, Temasya Industrial Park, 40150 Shah Alam, Selangor, Malaysia (Basis Bay) ; and TATA CONSULTANCY SERVICES MALAYSIA SDN BHD (Company No: [ ]) a company incorporated under the law of Malaysia and having its principal place of business at Level 45, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur (TCS). . WHEREAS either of the above mentioned parties may possess competitively valuable Confidential Information (as hereinafter defined) regarding its or its clients past, current and future services and products, research and development, customers, business plans, software, hardware (including but not limiting to enterprise hardware system such as IBM I Series (A/S 400, HP Integrity Systems PA/RISC and RISC 6000 etc..), listings, holdings, alliances, investments, know-how, policies, transactions, technology and general business operations and the other party may be given access to such Confidential Information or to create new Confidential Information for the party possessing such Confidential Information. (Hereinafter the party with the possession of such Confidential Information to be referred to as Disclosing Party and the party in receipt of such information to be referred to as the Recipient.) The disclosure of Confidential Information under this Agreement shall only be for the purpose of the Data Center Consultancy Services for ING Insurance Berhad. Basis Bay and TCS shall hereinafter collectively be referred to as the Parties and individually as the Party. In view of the above, the parties agree as follows: 1. Confidential Information "Confidential Information" includes any information:
specifically indicated by the Disclosing Party, either verbally or in writing, as confidential; under the circumstances of the disclosure, that are to be treated as confidential; or the Recipient creates or produces while performing services for the Disclosing Party, regardless of the media that contains the information. Confidential Information does not include information, which;
is generally available to the public at the time of its disclosure to the Recipient; becomes known to the public through no fault/action of the Recipient in violation of the terms herein; is legally known to the Recipient at the time of disclosure by the Disclosing Party;
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is furnished by the Disclosing Party to third parties without restriction; or is furnished to the Recipient by a third party who to the Recipients legally obtained said information and the right to its disclosure. Restrictions on Use The Recipient will not disclose any Confidential Information to third parties for any purpose without the prior written consent of the Disclosing Party. However, where the Recipient is required to disclose Confidential Information in accordance with judicial or other governmental action, the Recipient will give the Disclosing Party reasonable prior notice. The Recipient will not use any Confidential Information including any recorded information (Audio or video) of presentations for any purposes except those expressly contemplated or authorized by the Disclosing Party. The Recipient shall not use any Confidential Information for working on future project and/or services which relate to similar subject matter or subject matter in relation to disaster recovery services. The Recipient will take the same reasonable security precautions as it takes to safeguard its own confidential information. The Recipient undertakes to impose the confidentiality obligations on all directors, officer and employees or other persons who work for the Recipient or under its direction and control. The Recipient will return all originals, copies, reproductions and summaries of Confidential Information in its control, or confirm its destruction as requested by the Disclosing Party. Action on Breach The Recipient will notify the Disclosing Party immediately upon discovery of any breach of this Agreement by the Recipient, and will cooperate in every reasonable way to help the Disclosing Party regain possession of the Confidential Information and prevent further breach. The Disclosing Party will be entitled, without waiving any other rights or remedies; to seek such injunctive or equitable relief as may be deemed proper by a court of competent jurisdiction. General Obligation to Proceed. This Agreement shall not impose an obligation on the Parties to develop, sell, license or otherwise make available any technology or products, or enter into any further agreements. knowledge
2. (a)
(b)
(c)
(d)
(e)
(f)
3. (a)
(b)
4.
5. (a)
Ownership and Warranties All Confidential Information, including the inherent intellectual properties, remains the sole and exclusive property of the Disclosing Party. Similarly, the Disclosing
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Party does not own any of the intellectual property of the Recipient, including any proprietary methodologies, tools or practices, unless otherwise agreed. (b) The Disclosing Party, unless expressly confirmed, makes regarding the accuracy or reliability of Confidential Information. Applicability of Provisions The provisions of this Agreement are jointly and severally applicable and will not be considered waived by any act or acquiescence, except by a specific prior written confirmation. Accordingly, both parties will expressly agree in writing to any changes in the Agreement. If any provision of this Agreement is held illegal, invalid or unenforceable by law, the remaining provisions will remain in effect. Moreover, should any of the obligations of this Agreement be found illegal or unenforceable for any reasons, such obligations will be deemed to be reduced to the maximum duration, scope or subject matter allowed by law. If any action at law or in equity is necessary to enforce or interpret the rights arising out of or relating to this Agreement, the prevailing party shall be entitled to recover reasonable attorney's fees, costs and necessary disbursements in addition to any other relief to which it may be entitled. Jurisdiction This Agreement is to be governed by, and construed in accordance with, laws of Malaysia, and both parties consent to submit to jurisdiction of the courts in Malaysia. 8. Tenure and Survival All obligations created by this Agreement shall survive change or termination of the parties' business relationship for a period of three (3) years from the date of the disclosure of the Confidential Information or the change in/termination of the business relationship of the parties whichever is later. no warranty
6. (a)
(b)
(c)
7.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized representatives as of the date first set forth above.
SIGNED for and on behalf of: TATA CONSULTANCY MALAYSIA SDN BHD (Company No : Name : Designation : Date : In the presence of : Name : Designation : Date : SIGNED for and on behalf of BASIS BAY SERVICES MSC SDN BHD (Company No : 740976-W) Name : Designation : Date : In the presence of : Name : Designation : Date : )
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