All individuals or entities registering themselves at www.ideasportal.info as a Business, Visitor or Inventor (hereinafter referred to as “Business“), in consideration of receiving or revewing information regarding any ideas listed on www.ideasportal.info (hereinafter referred to as the “Idea“), for any purpose, listed by any individuals or entities registering themselves at www.ideasportal.info as an Inventor, (hereinafter referred to as “Inventor“), hereby agree that:
1. Business will maintain the information concerning the Idea obtained from Inventor in strict confidence.
2. Business will not disclose the Idea to anyone other to its employees or otherwise act upon the Idea with anyone else.
3. Business will not derive any new product or make changes to an existing product on the back of an Idea in any way or form.
4. Not withstanding any other provisions hereof, Business shall not be liable for use, release or disclosure of any information that:
a) is required by judicial action after all available legal remedies to maintain the information in secret have been exhausted;
b) is known to Business prior to the disclosure to Business by Inventor;
c) is independently developed by Business without any breach of this agreement; or
d) is approved by Inventor for use or public release.
This agreement shall be governed by and construed in accordance with English law.