Beta Non-Disclosure Agreement
Beta Tester Non-Disclosure Agreement In connection with
EqualFuture, Inc., or its subsidiaries and affiliates
(“EqualFuture”) research and development or testing activities, as
proposed or agreed to by EqualFuture from time to time, you, as a
tester, participant or in such activities, (“Recipient”) hereby
agree with EqualFuture that:
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EqualFuture may disclose to Recipient in tangible or intangible
form (a) product plans, products in development, prototypes,
beta products, and associated materials, data, or information
(collectively, “Beta Products''), (b) other information that is
marked as confidential, or (c) other information that
EqualFuture considers confidential and that would, under the
circumstances, appear to a reasonable person to be confidential
(“Confidential Information”). For the avoidance of doubt,
Confidential Information also includes all notes, analyses,
compilations, studies, interpretations, feedback, photos,
videos, audio clips, audio visuals, other media or documents
prepared by Recipient or its Representatives (as defined below)
that contain, reflect, or are based in whole or in part on
Confidential Information. Confidential Information does not
include information that (i) was known to Recipient without
restriction before receipt, as demonstrated by files in
existence before receipt, of that information from EqualFuture,
(ii) is publicly available through no fault of Recipient, (iii)
becomes known to Recipient, rightfully and without restriction,
from a source other than EqualFuture without breach of this
agreement and otherwise not in violation of EqualFuture’s
rights, or (iv) is independently developed by Recipient without
any use of Confidential Information, as demonstrated by files in
existence at the time Recipient independently developed that
information.
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Recipient may use Confidential Information only internally to
evaluate the Beta Products in accordance with this Agreement and
the EqualFuture Agreement Recipient has agreed to or will agree
to as a condition to creating a EqualFuture account or using any
EqualFuture services (the “EqualFuture Agreement”) and any other
requirements specified orally or in writing by EqualFuture (the
“Purpose”). Recipient will not copy any Confidential
Information. Recipient will treat Confidential Information with
at least the highest degree of care with which it treats similar
materials of its own, and in any case no less than a reasonable
degree of care. Recipient may disclose Confidential Information
only to its employees and contractors (collectively, its
“Representatives”) as necessary for the Purpose and under a
written agreement at least as protective of Confidential
Information as this agreement. Recipient will notify EqualFuture
immediately in writing if Recipient becomes aware of any misuse
or unauthorized disclosure of Confidential Information.
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Beta Products have not yet been publicly released and are
offered for the sole purpose of internal testing and
non-commercial evaluation. Beta Products may not perform at the
level of a commercially available service; may not operate as
expected and maybe modified prior to release. BETA PRODUCTS ARE,
THEREFORE, OFFERED “AS IS” WITHOUT WARRANTY OF ANY KIND.
EqualFuture DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, OR
STATUTORY, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES
OF TITLE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS,
MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. NO ORAL OR
WRITTEN ADVICE BY AGENTS OR EMPLOYEES OF EqualFuture MAY GIVE
RISE TO A WARRANTY. THE RECIPIENT ACCEPTS ALL RISKS ARISING OUT
OF THE DOWNLOAD, ACCESS AND USE OF THE BETA PRODUCTS.
EqualFuture MAY, IN ITS SOLE DISCRETION, AT ANY TIME, TERMINATE
OR DISCONTINUE THE BETA PRODUCT(S), DISCONTINUE RECIPIENT’S
PARTICIPATION, OR REMOVE RECIPIENT’S FEEDBACK.
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EqualFuture SHALL NOT BE LIABLE FOR LOSS OF USE, LOST PROFITS,
LOST DATA, BUSINESS INTERRUPTION OR ANY INDIRECT, INCIDENTAL,
CONSEQUENTIAL, PUNITIVE, SPECIAL, OR EXEMPLARY DAMAGES ARISING
OUT OF OR IN RELATION TO THE BETA PRODUCTS.
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Upon the termination of EqualFuture’s internal evaluation or
within two (2) days of EqualFuture’s written request, Recipient
will destroy all Confidential Information, delete or return any
tangible Beta Products, and update any beta version of a
EqualFuture mobile app to the latest released version of such
EqualFuture mobile app. This agreement’s provisions will survive
as to all Confidential Information disclosed.
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This agreement doesn’t impose any obligation on EqualFuture to
disclose any Confidential Information or grant Recipient any
rights in EqualFuture intellectual property, except the limited
right to use Confidential Information for the Purpose.
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All bug or error reports, feedback, photos, videos, audio clips,
audiovisuals, other media, comments, or ideas Recipient submits
to EqualFuture about the Confidential Information will be
considered “Ideas” under the EqualFuture Seller Agreement, and
EqualFuture will have the right to use and disclose such Ideas
to the same extent as other Ideas Recipient submits under the
EqualFuture Seller Agreement.
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Recipient’s obligations in this agreement are necessary and
reasonable in order to protect EqualFuture and its business. Due
to the unique nature of Confidential Information, monetary
damages would be inadequate to compensate EqualFuture for any
breach by Recipient of this agreement. Accordingly, Recipient
agrees that any breach or threatened breach may cause
irreparable injury to EqualFuture and, in addition to any other
remedies available at law, in equity, or otherwise, EqualFuture
will be entitled to obtain injunctive relief against Recipient’s
threatened or continuing breach of this agreement.
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This agreement is not assignable or transferable by Recipient
without the prior written consent of EqualFuture. This agreement
is the parties’ entire agreement on this topic, superseding any
prior or contemporaneous agreements (provided that this
agreement supplements, and does not supersede, any other
EqualFuture Agreement), and any amendments must be in writing
and executed by the parties. Failure to enforce any of
provisions of this agreement will not constitute a waiver. If
any provision is unenforceable, the other provisions will remain
effective.
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The laws of the State of Delaware govern all matters arising out
of or relating to this Agreement without giving effect to any
conflict of law principles. Each of the parties irrevocably
consents to the exclusive personal jurisdiction of the federal
and state courts located in Delaware, as applicable, for any
matter arising out of or relating to this Agreement, except that
in actions seeking to enforce any order or any judgment of the
federal or state courts located in Delaware, personal
jurisdiction will be non-exclusive.
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