Document 2Noo6w7b9mo5Gk7o318NgOJyR
8ICMCT AQginmrr
It is understood that AWHDfUl! COHPAXT OP AHERICA, a corporation harlot * office at 1501 Alcoa Bulldint, Pittsbarth, Pennsylvania 15219 (hereinafter ealled "Alcoa"> is interested in entering discussions with HANVILLE SERVICE CORPORATION, a corporation having an office at Denver, Colorado 80217 (hereinafter called "lanville"), for the purpose of having Hanvilla develop
reveal to the other's employees confidential and proprietary technical information relating to compositions and shapes of refractory materials for casting aluminum and aluminum alloys (hereinafter called "Confidential Information"). Confidential Information disclosed orally or by observation shall be confirmed or fully identified in writing.
Alcoa and Hanville hereby agree that all Confidential Information revealed hereunder by either Alcoa or Hanville to the other shall be
(1) received and maintained in confidence by the receiving party and shall not be disclosed, directly or indirectly, to any third party without the express written consent of the disclosing party;
(2) disclosed by tho roes if lot psrty only to its employees haring a nood to know such Confidential Information to carry out the purposes of this Secrecy Agreement.
Alcoa requests, end Hanrille hereby agrees, that all
Confidential Information reroaled hereunder by Alcoa to Hanrille
shall be used by Hanrille only for the purpose of working with Aleoa
to derelop and manufacture such refractory products and submit price
quotations thereon.
Furthor, the reeeiring party will ensure that all
Confidential Information prorided to that reeeiring party will not
be reproduced in any manner except as necessary for the reeeiring
party's technical eraluation. At any time, the disclosing party may
request all Confidential Information in documentary form be
returned, and the reeeiring party agrees that it will do so in the
manner requested by the disclosing party.
Tho abore obligations of the parties shall not apply to any
information which:
(1) now or hereafter becomes arailable to
tho public without any breach of this Secrecy
Agreement by the reeeiring party; or
(2) was already in the possession of the
reeeiring party at the time of disclosure as
desionstrated by competent eridence; or
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(3) after diacloaure bocoaoa available to tho receivini party froa a third party who did aot acquire it diraetly or indirectly froa tha diacloaiat party under aa obligation of eoafidoaeo.
Tho above obligatlona ahall ospiro on Docoabor 31. 1988. Thia Soerocy Agreeaent ahall ozpiro oa Docoabor 31, 1986 bat aay bo toraiaatod prior to oxpiration by oithor party'a giving thirty (30) daya1 prior written aotieo to tho othor party, provided, however, tho obligationa to protoet tho Coafidoatial Iaformation ahall survive toraiaatioa.
ACCEPTED POE: HANVILLE SERVICE COEPORATIOR
ALUHINUH COMPANY OF AMERICA