This Agreement will be effective on the Effective Date and will remain in full force and effect for a period of three (3) years (the Term of Protection) at which this Agreement expires and is not automatically renewed, unless terminated by either party as set forth above herein. This is another provision that has absolutely nothing to do with the duration of the agreement. It should not be included. Assuming a successor agreement is concluded for a while, this successor agreement is the best way to say that the terms of the NDA are modified or unchanged (again, assuming that the successor agreement actually refers to and incorporates the NDA). The terms of the NDA as a stand-alone agreement would only be changed by an agreed amendment. So this sentence five is useless. Expression. This Agreement will be effective on the Effective Date and will remain in full force and effect for a period of three (3) years (the Term of Protection) at which this Agreement expires and is not automatically renewed, unless terminated by either party as set forth above herein. However, the terms of this Agreement shall survive the expiration or termination of this Agreement and shall apply for a period of three (3) years. However, the receiving party may not disclose any Confidential Information received under this Agreement, in whole or in part, to any third party. However, if the parties enter into one or more successor agreements, such as. B an association agreement or subcontract, with reference to such non-disclosure agreement, the duration of such non-disclosure agreement shall be the longer of the duration of the non-disclosure agreement or successor agreement(s). Unless otherwise specified in its successor agreement, all other terms of this non-disclosure agreement remain unchanged.
However, the terms of this Agreement shall survive the expiration or termination of this Agreement and shall apply for a period of three (3) years. The Executive further agrees that if any part of the obligations set forth in this Agreement or its application is interpreted as invalid or unenforceable, then the remainder of the Agreement or Commitments shall acquire its full force and effect, without regard to the invalid or unenforceable parts thereof. 5. Agreement in full force and effect. Unless expressly modified by this Second Amendment, the terms of the Agreement shall remain in full force and effect, and the Agreement, as modified by this Amendment, and all of its terms, including but not limited to the warranties and representations contained therein, are ratified and confirmed by the Trust and DST on the effective date of entry into force. 7. Governing Law and Interpretation. This Agreement is governed and controlled by and in accordance with the laws of the State of New York, without regard to its conflict of laws rules. The exclusive venue for any action to enforce or violate the terms of this Agreement will be the Circuit Court in and for Palm Beach County, Florida. If any provision of this Agreement is held by a court of competent jurisdiction to be unlawful or unenforceable and cannot be modified to be enforceable, except as provided in the general version, that provision shall immediately become null and void, leaving the remainder of this Agreement in full force and effect. The Parties reaffirm that this Agreement is the result of negotiations and agree that it shall not be interpreted on the basis of the exclusive authorship of any Party. The parties agree that in any dispute relating to this Agreement (as determined by the competent court(ies) of competent jurisdiction), the prevailing party shall be entitled to recover its reasonable attorneys` fees and related expenses, including attorneys` fees and costs related to an appeal.
2. Agreement in force and in full effect. Except as expressly provided herein, all terms of the Agreement shall remain unchanged and in full force and effect. The first idea is necessary. The second and third ideas are not necessary. Why mention auto-renewal if it doesn`t renew automatically? If the goal is to prevent the disclosure of confidential information for three years and the obligation survives the termination of the contract, why bother with an early termination provision? 11. Governing Law; Divisibility.. .